Credit Executive

The Credit Executive-GCM is a key member of the GCM Credit team with primary focus on underwriting and assisting in managing a portfolio primarily consisting of banks and broker-dealers. GCM Credit is a 10-person team responsible for underwriting major domestic banks, major foreign banks, broker-dealers, U.S. Treasury and GSEs, and some corporate customers. Credit facilities underwritten by GCM Credit support GCM trading businesses as well as activity at Treasury, Union Bank Investment Services (UBIS), and a variety of commercial areas. While the primary focus will be on large banks and broker-dealers, the Credit Executive will have the opportunity to support colleagues in the underwriting of other financial institutions and corporate clients.

 

Major Responsibilities:

 

Portfolio Management (50%):

Perform thorough, critical analysis of assigned financial institutions and related peers to generate credit recommendations for new and existing exposures. Initiate and ensure completion of all required internal documentation on a timely basis in conformance with Bank policy and procedures.  Provide written and oral presentations to senior credit committee regularly.  Complete annual reviews, notices of risk rating changes, and administrative actions as needed for assigned portfolio. Utilize available research tools (rating agency reports, Bloomberg, seminars, etc.) to assist in credit analysis and maintain current knowledge of industry issues. Coordinate with GCM front office, corporate lenders and Treasury to ensure adequate limits are available to support the Bank's business and liquidity needs.

 

Credit Monitoring (30%):

Perform satisfactory risk identification for and monitoring of all accounts within assigned portfolio. Complete Probability of Default (PD) and Loss Given Default (LGD) risk ratings within prescribed timeframe. Escalate as appropriate key developments affecting the credit quality of assigned counterparties and the industry at large.

 

Credit Administration and Credit-Related Projects (10%):

Prepare reports and otherwise assist senior management and Credit Administration in the review of portfolio and credit trends. Assist with revision of credit policy and other projects.

 

Compliance (10%):

Adhere to all Bank policies regarding regulatory compliance, including those related to the Bank Secrecy Act, USA Patriot Act, and the Anti-Money Laundering Act. Actively participate in any required corporate and business line compliance training. Enter data accurately in Bank systems.

 

Qualifications:

For immediate consideration, please apply directly to job #24310 at www.unionbank.com/careers.

Headquartered in San Francisco, UnionBanCal Corporation is a financial holding company with assets of $97 billion at December 31, 2012. Its primary subsidiary, Union Bank, N.A., is a full-service commercial bank providing an array of financial services to individuals, small businesses, middle-market companies, and major corporations. The bank operated 447 branches in California, Washington, Oregon, Texas, Illinois, and New York as well as two international offices, on December 31, 2012. UnionBanCal Corporation is a wholly-owned subsidiary of The Bank of Tokyo-Mitsubishi UFJ, Ltd., which is a subsidiary of Mitsubishi UFJ Financial Group, Inc. Union Bank is a proud member of the Mitsubishi UFJ Financial Group (MUFG, NYSE:MTU), one of the world's largest financial organizations. Visit www.unionbank.com for more information.

Doing right.  It's just good business.  http://www.doingright.com

 

Union Bank is committed to leveraging the diverse backgrounds, perspectives, and experiences of our workforce to create opportunities for our people and our business.  EOE. M/F/D/V.

Open all references in tabs: [1 - 3]

March 18, 2013 • Tags:  • Posted in: Financial

Leave a Reply

You must be logged in to post a comment.