Associate, Credit Analyst, Global Aviation

at  MUFG United Kingdom BTMU

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 120,000 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.

WORK EXPERIENCE

• Experience in fundamental credit analysis gained in either a bank, asset manager or rating agency environment. There should be an emphasis on credit analysis in the context of a transaction or event.
• Alternatively, an ambitious newly qualified individual with accountancy background in ACA/ACCA looking for a career in banking will be considered.
• Prior experience in Aviation would be positive, but not a requirement.

MAIN PURPOSE OF THE ROLE

• The individual will perform certain aspects of new borrower rating papers, produce the first draft of annual borrower rating reviews and complete first drafts of the comprehensive annual aircraft financial rating reviews within due dates, in accordance to internal guidelines and credit appetite.
• Updating financial spreads for quarterly and year end results and monitoring of performance.
• The individual may also be involved in managing other transaction related tasks, as required.
• The role focuses on the preparation of forward-looking fundamental analysis in support of client onboarding, live transactions, facility renewals and annual reviews.
• The analyst will manage an individual portfolio and, over time, be expected to develop both a sector expertise and deep individual counterparty understanding, facilitating a comprehensive top down and bottom up risk review process.
• The role includes actively monitoring portfolio performance, undertaking regular qualitative and quantitative corporate analysis, conducting client due diligence, developing forecast models and ultimately making recommendations on both internal credit ratings and transaction proposals.

KEY RESPONSIBILITIES

• Prepare the drafts of the annual Borrower Rating (BR) and annual Aircraft Finance Rating (“AFR”) for airlines and lessors
• Spread financial performance of the airlines and lessors to be submitted along with the renewal format and analysis paper for the Annual Credit Review (ACR) described in the item above
• Support the ongoing monitoring of single names and portfolio
• Draft and develop cashflow forecast models to support recommendations
• Participate in credit due diligence as part of the portfolio review process, as well as in the onboarding of new clients and following key risk events.
• Finalisation of papers following review by line managers.
• AFR analysis includes but is not limited to, Loan to Value analysis, facility updates/summary, loan outstanding update and underlying asset analysis.
• Ability to multi-task and manage ever-changing and sometimes conflicting priorities; ability to work with a high level of motivation and initiative;
• Quickly assess pertinent credit issues, raising salient points to the correct stakeholders and analyse the risk reward trade-off.
• Work diligently to develop technical skills and industry knowledge related to the role, working towards sectoral and/or jurisdictional expertise
• Ensure accurate and timely compliance with internal rules and reporting procedures.
• Undertake specific country and industrial sector research and other project work as appropriate.
• Undertake any ad-hoc exercises/projects/reporting as assigned.
• Ensure that internal monitoring systems are kept up to date in all relevant areas
• Work with colleagues in the Credit functions to ensure an effective dialogue on risk related issues and to maintain a culture of cooperation.
• Elevate any potential issues to Senior Management at an early stage so that these can be dealt with appropriately.
• Undertake specific country and industrial sector research and other department/ bank-wide project work as appropriate.
• As directed support the development of other junior staff members assigned to the team.