Associate – ABF Underwriting

Job Description

Associate – Asset Based Lending Underwriting | Mitsubishi UFJ Financial Group

The Tone:
This is a full-time hybrid role at Mitsubishi UFJ Financial Group (MUFG), with an expectation of four days in an MUFG office or client site and one day remote. MUFG is a leading global financial group dedicated to building trusted relationships, serving society, and fostering shared and sustainable growth for clients, organizations, and communities. This Associate position is vital to the Asset-Based Finance Group, focusing on underwriting and syndicating transactions that provide essential financing solutions across diverse industries. The role supports MUFG’s vision to be the world’s most trusted financial group by investing in talent and fostering an environment where making a meaningful impact is rewarded.

The TL;DR
• Role: Full Time
• Type: Hybrid
• Location: Hybrid – New York
• Pay: $130000–$165000 yearly
• Team: Reports to the ABF Underwriting Manager within the Asset-Based Finance Group (ABF Group).
• Mission: Underwrite and syndicate Asset-Based Lending transactions for clients across various industries by assessing credit and collateral risks and managing the approval process.

What You’ll Actually Do
• Structuring & Evaluation: In conjunction with the ABF Origination team, evaluate customer information to determine optimal financing structures and security packages.
• Due Diligence: Perform detailed financial and collateral due diligence, coordinating with the deal team, third parties, and borrowers.
• Approval Process: Manage the internal transaction approval process, which includes drafting approval memoranda, submitting them through internal systems, and presenting to management and the credit committee.
• Syndication Coordination: Coordinate with the Syndication team to draft offering memoranda and presentations for investors, organize bank meetings, and answer investor due diligence questions.
• Deal Closing: Lead the deal closing process, coordinating with legal counsel to ensure all necessary legal diligence is conducted and loan documents accurately reflect the bank’s credit approval and terms.
• Mentorship & Compliance: Support and mentor junior analysts in the credit risk management process, guiding them in completing complex assignments and ensuring compliance with policy requirements.

The Must-Haves
• Background: Bachelor’s degree or equivalent; Corporate finance professional with a solid credit and analytical background.
• Experience: 3+ years of relevant financial experience, with a specific preference for Asset-Based Lending experience.
• Skills: Strong written, verbal, and interpersonal communication skills; Strong financial modeling skills.
• Bonus: MBA a plus; Completion of a formal credit-training program at a money center bank a plus; Field Exam or Appraisal Experience a plus.