Credit Quality Assurance

2 weeks ago


Toronto, Canada MUFG Full time

Do you want your voice heard and your actions to count?

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 7th largest financial group in the world. 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.

Job Summary:

The main function of this role is to assist the QA Team in its reviews and analyses of complex credit actions for a range of factors in assessment areas.

Reviews and analyses of complex credit actions for a range of factors in assessment areas listed below:

TTM rapid rating deterioration (Pass to non-Pass) Regulatory rating assessment/conclusions • Internal rating (BR/ASR, etc.) assessment/conclusions Timeliness of Reviews Internal vs. Regulatory Ratings Regulatory Leverage Assessment SLoD Effective Challenge (evidence/quality) Appropriate Exercise of Delegated Approval Authority Standards, Procedures, and MAUG Exceptions Application Content Completeness Ad Hoc as recommended by QA team, senior management, or CRC

Assessment Preparation and Review:

Gather and prepare data for evaluation and trend identification through on-going and risk-based monitoring of credit actions. Conduct portions of individual credit assessments for review and finalization by team members. Develop and/or work with team members to develop and review samples for assessment.

Documentation and Record-Keeping:

Document results of monitoring and assist in the compilation of periodic risk assessments of assigned credit actions or portfolio reviews.

Communication and Collaboration:

Assist in communication with impacted stakeholders regarding assessments. Prepare report content for inclusion in QA Team presentations to governance bodies and impacted business units. Maintain effective working relationships with QA Team members and stakeholders in its processes. May work in a team environment for special assignments as part of CARM, Credit Planning and Credit Standards.

Technical Skills:

Proficiency in the Microsoft Office product suite Familiarity with MUFG systems including GCARS, MCC and LVL

Experience and Abilities:

Experience in or knowledge of credit risk, risk rating (internal and regulatory), credit standards and procedures application, credit/financial statement analysis, all based on a solid understanding of business and financial markets and the effects of economic conditions on the Bank’s risk assets. Ability to assist in the analysis of portfolio trends, identification of signs of changing risk levels and/or symptoms of process control breakdowns. Ability to identify opportunities for continuous improvement of processes related to areas assessed.

Education and Training:

A BA or BS degree preferred with 3+ years credit / lending / examination or related experience

Working Conditions:

4 days a week in office, 1 day from home The job description and related application pertains to an opportunity with either MUFG Bank, Ltd., Canada Branch (“MUFG Bank Canada”) or MUFG Securities (Canada), Ltd. (“MUFG Securities Canada”). The job description relates to the general nature, scope, quantity and quality of work contemplated for the position. Other duties and responsibilities not specifically described may be assigned from time to time, consistent with knowledge, skills and abilities of the incumbent. The receipt of an application by either MUFG Bank Canada or MUFG Securities Canada, as applicable, does not imply or guarantee employment.Each of MUFG Bank Canada and MUFG Securities Canada is an equal opportunity employer.•As a federally regulated entity, MUFG Bank Canada is required to comply with applicable laws which prohibit discrimination based on protected grounds and which require accommodation to individuals in accordance with the requirements outlined in the Canadian Human Rights Act and the Canada Labour Code. Where MUFG Bank Canada obtains information relating to protected grounds under the Canadian Human Rights Act as part of the application process, it does so to monitor and otherwise evaluate its own compliance with such legislation and associated regulatory requirements; MUFG Bank Canada does not use such information for decision making purposes relating to the position contemplated in this application.•As a provincially regulated entity, MUFG Securities Canada is required to comply with applicable laws which prohibit discrimination based on protected grounds and which require accommodation to individuals in accordance with the requirements outlined in the Human Rights Code (Ontario) and the Employment Standards Act (Ontario). Where MUFG Securities Canada obtains information relating to protected grounds under the Human Rights Code (Ontario) as part of the application process, it does so to monitor and otherwise evaluate its own compliance with such legislation and associated regulatory requirements; MUFG Securities Canada does not use such information for decision making purposes relating to the position contemplated in this application.

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