MUFG is looking for a Collateral Analyst to support the Commodity & Structured Trade Finance business line in managing transactions, collateral, credit facilities, and risk analysis.
Requirements
- 1-4 years of work experience within a financial institution.
- A solid understanding of corporate finance, accounting, trade finance products (e.g. letter of credit, receivable purchase, bill of exchange discounting, etc.), and banking operations is desirable.
- Previous experience with trade finance, commodities lending and/or commodities collateral management at a commercial bank is preferred.
- Working knowledge of the systems utilized by the bank is a plus: ACBS, OVS, Trade 360, LoanApp.
- Intermediate computer skills in Microsoft Word/Access/Excel
Responsibilities
- Monitor transactional and related collateral to ensure client positions are within approved limits.
- Review borrowing / LC / payment / receivable purchase requests, and coordinate with back/middle office for the execution of transactions.
- Review term sheets, draft agreements/amendments, credit approval and write-up.
- For agency deals, monitoring credit facilities (i.e. credit limit, sub-limits, intra-day activities, etc.), validate borrower's requests and provide approval.
- Analyze borrowing base prepared/provided by clients (i.e. review supporting detail, verify advance rate calculations, verify mark-to-market pricing for inventory, ensure that accounts receivable are within approved lender limits.).
- For secured transactional facilities, review of individual transaction requests (loans and LCs) in conjunction with monitoring of collateral by analyzing and interpreting underlying collateral (inventory/receivables/Bills of Lading, etc), review of commercial contracts and verification of underlying commodity prices.
- Review and analyze position reports and mark-to-market reports.
Other
- The selected colleague will work at an MUFG office or client sites four days per week and work remotely one day.
- Team player with intellectual curiosity; ability to work independently and under pressure; strong problem solving and communication skills; good analytical skills; proactive attitude, flexible, critical thinker and results driven.
