Vice President, Credit Officer Project Finance

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.

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.

We are currently recruiting for a VP, Credit Officer Project Finance in Amsterdam.

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

• Review and approve Structured Finance transactions, making balanced credit decisions and monitoring portfolio risk in line with policy and regulation.
• Act as a trusted risk partner to Front Office, proactively identifying risks, providing guidance, and escalating issues where required.
• Support strategic initiatives and represent Credit internally, while continuously developing sector and structural expertise.

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, continuously and actively monitors the portfolio in line with internal policies and applicable regulatory guidelines, and contributes to an effective control environment.

The role includes the following:

Specifically, you will be accountable and responsible for taking appropriate action with respect to the Structured Finance Credit Team including:

• Reviewing credit applications received and making recommendations to senior management on transaction-specific files, as well as continuously and actively monitoring the portfolio in line with internal policies and applicable regulatory guidelines.
• Ensure a high quality of written and verbal work.
• Responsible for making balanced, timely and thoughtful credit decisions within the firm’s risk appetite.
• Responsible for proactive solutions-driven engagement with front line on deal-specific and/or strategic developments through guidance, direction, feedback and identification of red flags or breaches of internal guidelines and policies.
• Escalating issues to Directors or the team head as appropriate.
• Responsible as a VP within MBE Credit for supporting strategic initiatives.
• Responsible for developing knowledge of the various types of industries, sectors, countries, players and financial and legal structures within Structured Finance credit and commitment to further learning.
• Demonstrate the Risk Culture Pillars; taking accountability for identifying and mitigating risk; actively managing risk within the department; remaining curious by taking proactive ownership; role modelling the risk partnership with colleagues in 1LOD and 2LOD; and being willing to challenge existing practice and be proactive and positive to change.
• Responsible for representing the MBE credit division at internal forums within the region.
• Participate in the MBE Credit Risk Committee.
• Support Credit Strategy Group in the development of any Risk Appetite Framework or policy.
• Maintain and enhance good working relationships with stakeholders across the region and globally to share best practices, provide support and develop effective local policies and procedures appropriate to the Company, working in support of the One MUFG and overall Group strategy.

This role and its responsibilities operate within MBE, EMEA and HO policies & procedures and delegated approval authorities.

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

• Bachelor or Master degree, preferably in finance or economics.
• Minimal 3-5 years of work experience in Project Finance and sound understanding of regulatory requirements related to the credit sanctioning and monitoring process.
• Results-driven, with a strong sense of accountability.
• Strong decision-making skills and the ability to demonstrate sound judgement.
• Strong networking and influencing skills.
• Strong verbal and written communication skills in English are essential.
• Desire for self-development and willingness to increase own knowledge by keeping abreast of news-flow, market developments and credit trends that may be relevant to the companies, countries and sectors covered.
• Strong numerical skills and attention to detail and accuracy.

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

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 maximum 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, including 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, such as Dutch language classes.
• Employee contribution towards pension insurance of up to 5%, currently 2%; the pension scheme is based on a defined contribution scheme.

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