Associate, Credit Solutions - Growth & Middle Market Technology

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.

OVERVIEW OF THE DEPARTMENT/SECTION

Growth & Middle Market Technology Banking is a specialised team dedicated to building lead relationships through delivering sound, strategic, and balanced advice to technology companies within the growth (typically emerging cashflow / Venture Capital backed) and middle markets (Public / Private Equity backed) across EMEA.

The mission for this team is to:

• Deliver in-depth technology industry knowledge, with a focus on industry trends, dynamics, and the competitive landscape.
• Build a diverse book of technology clients across targeted ownership structures through origination, structuring and execution of senior debt facilities and associated ancillary products.
• Provide access to an industry specialised credit organisation, delivering faster decisions to the client.
• Align relationships within GMMT with all product partners.
• Leverage MUFG’s advanced technology partnerships, innovation, strategic & commercial capital teams.
• Engage with venture capital firms, private equity sponsors, debt advisors, c-suite of target companies and access partnerships with other debt providers in the market.

MAIN PURPOSE OF THE ROLE

• Primary support for evaluating and underwriting loans and other credit exposures to Growth and Middle Market Technology Companies.
• Supporting Growth and Middle Market Credit Solutions transaction, origination and credit analysis efforts. Critical functions include assessing risk factors associated with each credit and determining the appropriate risk ratings based on established policies and guidelines.
• Responsibilities will also include modelling, active credit management and monitoring for potential upgrades, downgrades or general credit deterioration with the goal of maximising the bank’s net income while minimising credit costs.

KEY RESPONSIBILITIES

• Support all aspects of deal execution as may be required during the development and execution of a mandate.
• Work within a deal team environment to support the credit analysis and management of both new to bank transactions and portfolio companies in accordance with internal policies and regulatory guidance, including the evaluation of company-specific, industry, and regulatory risks; and company historical operating performance, projected operating performance and capital structure
• Perform due diligence on new transactions as well as regularly scheduled evaluation of the existing loan portfolio
• Provide support for evaluating, structuring and negotiating terms and credit agreements with clients
• Modelling skills (including sensitivity scenarios) required for both the credit application process and quarterly review presentations
• Manage a subset of portfolio companies
• Provide support for the syndication strategy, including lender presentations and liaison with participant lenders, and participate in client and bank meetings as necessary
• Understand and maintain knowledge of sub-sectors represented in portfolio, including technical aspects and regulatory issues utilising internal and external sources
• Oversight of facility closing procedures including both operations and documentation
• Build relationships throughout MUFG to establish a peer network, gather relevant information and help to ensure effective inter-departmental collaboration.
• Build relationships at the appropriate business levels to create and maintain trust with corporate clients, venture capital / private equity funds and partner banks on transactions.
• Work collaboratively across the wider team to support the various functions as and when the need arises.

Policy and Transaction Responsibilities:

• Support the communication with the credit approval division including final hold level strategies to ensure alignment of risk strategy and policy
• Evaluate and establish appropriate ratings for transactions and correlate appropriate exposure level with regard to exposure on both a transaction and group level
• Ensure compliance with policy and regulatory requirements

WORK EXPERIENCE AND SKILLS

• Experience of working within a banking/advisory or transactional environment

Functional Technical Competencies:

• Detailed understanding and practical experience of financial modelling
• Understanding of the fundamentals of deal structuring
• Basic understanding of senior debt instruments
• Basic knowledge of Corporate / Leveraged legal documentation
• Sound credit skills at an intermediate level
• Basic negotiation skills with internal partners
• A good team player with excellent interpersonal skills
• Ability to effectively manage tight deadlines and different stakeholders
• Clear communication skills both written and oral
• Basic knowledge of debt capital markets and M&A dynamics
• Corporate finance principles/accounting knowledge
• Experience in managing execution of transactions (including relevant U/W and credit process) within tight timeframes is advantageous

Education Qualifications:

Essential

• Degree level education or equivalent work experience

Preferred:

• Relevant post degree qualification preferred (e.g. CFA or ACA)

PERSONAL REQUIREMENTS

• Results driven, with a strong sense of accountability
• Interest and desire to deepen knowledge of the technology sector, including key trends
• The ability to operate with urgency and prioritise work accordingly
• Strong decision making skills, the ability to demonstrate sound judgement
• Demonstrates a structured, proactive, motivated and logical approach to work
• Strong problem solving skills
• Excellent interpersonal skills
• The ability to manage large workloads and tight deadlines
• Excellent attention to detail and accuracy
• A calm approach, with the ability to perform well in a pressurised environment
• Strong numerical skills
• Excellent Microsoft Office skills, particularly Excel and PowerPoint
• Proficiency in English, other languages desirable

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

MUFG is committed to embracing diversity and building an inclusive culture where all employees are valued, respected and their opinions count. We support the principles of equality, diversity and inclusion in recruitment and employment, and oppose all forms of discrimination on the grounds of age, sex, gender, sexual orientation, disability, pregnancy and maternity, race, gender reassignment, religion or belief and marriage or civil partnership.

We make our recruitment decisions in a non-discriminatory manner in accordance with our commitment to identifying the right skills for the right role and our obligations under the law.