AVP, Credit Officer JCIB

Do you want your voice heard and your actions to count?

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world’s leading financial groups. Across the globe, we’re 150,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, building long-term relationships, serving society, and fostering shared and sustainable growth for a better world.

With a vision to be the world’s most trusted financial group, it’s part of our culture to put people first, listen to new and diverse ideas and collaborate toward greater innovation, speed and agility. This means investing in talent, technologies, and tools that empower you to own your career.

Join MUFG, where being inspired is expected and making a meaningful impact is rewarded.

Would you like to work for one of the world’s largest banks in an exciting, dynamic and international environment?

We are currently recruiting for an AVP, Credit Officer Japanese Corporate Investment Banking (JCIB).

About MUFG Bank (Europe) N.V.

MUFG Bank (Europe) N.V. (MBE) is a fully-owned subsidiary of MUFG Bank, headquartered in Amsterdam. With offices throughout Europe, our teams provide clients with comprehensive financing solutions spanning Coverage & Structured Finance, Capital Markets and Transaction Banking, using MUFG’s global reach to provide bespoke solutions. With 73 green, sustainability, sustainability-linked and transition bond tranches in 2021 and 51 sustainability-linked loans in EMEA in 2021, MUFG is committed to supporting clients to achieve sustainable business growth.

Your impact at MUFG

To develop a deep understanding of the risks in MBE’s Japanese Corporate portfolio, in particular:

• Assessment of credit risks and recommendation to senior management for approval
• Identification, reporting and monitoring of early signs of credit risk deterioration in single names
• Analysis of developments or trends that may impact the JCIB portfolio

Function positioning

Credit Office is a 2nd Line of Defense function with the goal to develop a deep understanding of the credit risks in MBE’s portfolio, to exercise delegated credit approval authority and make recommendations to senior management on transactions, developments or trends that may impact the portfolio. The Credit Office team adds value to support the delivery of profitable growth within MBE’s risk appetite, to continuously and actively monitor the portfolio in line with internal policies and applicable regulatory guidelines, and to contribute to an effective control environment.

The role includes the following:

• Objectively assess Corporate Finance credit proposals with focus on Japanese Corporate Banking, identifying risk issues to reach a reasoned conclusion leading to recommendations for Senior Management approval
• Keep up to date on relevant markets and sectors, and monitor the portfolio to anticipate problems
• Take necessary early proactive steps to minimize potential losses
• Establish and maintain close communication with the Business Line and other stakeholders
• Liaise with the relevant MUFG credit divisions in order to complete summary analysis, to support transaction assessment and ongoing risk monitoring
• Participate in the MBE Credit Risk Committee
• Actively contribute in discussions with the business relating to relevant developments and potential client needs on a more strategic level relating to relevant products
• Actively participate in discussion forums and on project teams, providing input from a credit perspective, as necessary

This all on the condition that the role and responsibilities operate within MBE, EMEA and HO policies & procedures and (delegated) approval authorities.

Consultation and others

Participating in internal consultation platforms (either on an ad hoc or permanent basis), in particular:

• JCIB Credit Portfolio meetings
• JCIB Early Warning meetings with Front Office
• MBE Credit Risk Committee

In order to be successful in the role, you will need the following:

• Bachelor or Master degree preferably in finance or economics
• Minimal 2 years of work experience in the financial services industry and sound understanding of regulatory requirements related to the credit sanctioning and monitoring process
• Results driven, with a strong sense of accountability
• Strong numerical skills and attention to detail and accuracy
• Strong networking and influencing skills
• Verbal and written communication skills in English is essential
• Verbal and written communication skills in Japanese is preferred
• High level of personal independence

Personal requirements:

• Integrity and Responsibility
• Balance Risk with Opportunity
• Customer Focus
• Demonstrate Global Perspective
• Professionalism and Teamwork
• Drive For Results
• Collaborate and Build Partnerships
• Communicate Effectively and Professionally
• Challenge Ourselves To Grow
• Influence and Inspire Others
• Lead Change & Seek Continuous Improvement
• Think Strategically
• Manage and Develop Talent

What do we have to offer:

We offer you a role in one of the largest banks of the world in a growing and international environment. You have various opportunities to develop yourself and we will support you with that by offering various training and development possibilities. We take into account your home situation and your ambitions and help you to balance work and private life. Monthly team events. To work in an ambitious, international environment with colleagues from different countries and cultures who strive for the best.

Besides that we will offer you:

• 8% holiday allowance and 13th month payment
• 30 vacation days per year, with the option to buy 15 additional days
• Commuting allowance based on annual public transport 2nd class, most economical way, or € 0,23 per km with a max of 75 km one way
• € 5,00 net remote working compensation per day, with a maximum of € 60,00 per month
• Possibility to order a mobile phone (up to €800,-)
• Possibility to order office equipment for the home office (up to €500,-)
• Remote Working Policy, i.e. Working From Home (WFH) and remote working in another country
• Bicycle plan (fiscal benefit)
• Company fitness (fiscal benefit)
• Mental health workshops and budget for external courses (i.e. Dutch language classes)
• Employee contribution towards pension insurance (max 5%, currently 2%); the pension scheme is based on a defined contribution scheme
• Training and development possibilities paid by the bank

All candidates need to be willing to relocate to the Netherlands. Internal employees will be supported in case of relocation.

We are open to considering flexible working requests in line with organisational requirements.