AVP - Credit Insurance Arranger
Mitsubishi UFJ Financial Group, City of Westminster
AVP - Credit Insurance Arranger
Salary not available. View on company website.
Mitsubishi UFJ Financial Group, City of Westminster
- Full time
- U
- Onsite working
Posted 2 weeks ago, 9 Jul | Get your application in now before you miss out!
Closing date: Closing date not specified
Job ref: 6db34ff3dfaa451e9bd0a4cb04bd1de7
Location ref: City of Westminster
Full Job Description
Credit Portfolio Management ("CPM") is a global function that is responsible for actively managing MUFG Bank's loan portfolio including monitoring the credit quality and efficiency of the loan portfolio, developing and executing hedging and loan sales strategies to protect/optimize the bank's capital using real-market information, market research and traditional fundamental credit analysis. In addition, CPM works closely with the business lines to participate in the analysis and evaluation of new business opportunities and provide exposure management solutions as necessary. In region, the CPM Office for EMEA ("ECPMO") optimises MUFG's balance sheet by managing credit exposures, enhancing portfolio efficiency and supporting the region's goal of generating returns above the bank's cost of capital. Supported by the Business Management team, our Portfolio Management & Solutions team has three key strategic priorities: building the GCIB business, increasing asset velocity through distribution and generating cross-sell across the franchise. Working closely with partners across GCIB, including Coverage, Syndications and Credit, we ensure alignment between portfolio risk, capital strategy and commercial growth. We are organized into three functions: xVA Management & Market Execution, Credit Insurance Solutions and Advisory & Research. The Credit Insurance Solutions team is responsible for arranging and the end-to-end lifecycle management of credit insurance solutions for the EMEA balance sheet. Acting as trusted partners to origination and deal teams, they provide independent, commercially grounded advice on the suitability and viability of insurance solutions as a distribution strategy as well as in the context of balance sheet and return management. In close co-operation with deal teams and asset owners the team acts as product office and arranges and structures insurance solutions, with end-to-end ownership and accountability for marketing, placing and the ongoing maintenance of insurance contracts as well as processing of claims., This role supports the day-to-day operations of the Credit Insurance Solutions team, ensuring accurate processing, tracking and documentation of insurance transactions to maintain efficient and well-controlled business operations., The Credit Insurance Solutions team is one of three teams in Portfolio Management & Solutions and is operating on the private side. It works with the business units to arrange and execute policies on their behalf. Credit insurance is a silent hedging product used to manage exposures to risk appetite. This role is responsible and accountable for: (1) Insurance Premium Management
- Arrange and process insurance premium payments in a timely and accurate manner
- Monitor and track premium payments to ensure completeness and consistency over time (2) Operational Support & Compliance
- Process and maintain system bookings accurately
- Ensure ongoing maintenance and integrity of operational records and data
- Coordinate and manage KYC and screening processes for insurance brokers and counterparties
- Ensure adherence to internal policies and procedures (3) Reporting & Communication
- Prepare and distribute outstanding credit insurance reports to relevant stakeholders
- Assist with data collection and preparation of presentations and internal reporting materials
- Support ad hoc reporting and information requests from management and business teams
- Build and maintain effective relationships with internal and external stakeholders
Essential: - General understanding of corporate lending with specialty focus in either Corporate and or Project Finance lending, incl. corporate credit assessment
- Relationship management experience Preferred:
- Preferred: Credit insurance experience, knowledge of insurance markets and practices, Practical understanding of corporate banking functions and products
- MS Office literate
- Excellent interpersonal and communication skills Education / Qualifications: Essential
- Degree educated in Finance or other relevant subject or equivalent experience PERSONAL REQUIREMENTS
- Excellent communication skills
- Results driven, with a strong sense of accountability
- A proactive, motivated approach paired with an eagerness to learn, develop and seek new challenges
- The ability to operate with urgency and prioritise work accordingly
- A structured 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 We are open to considering flexible working requests in line with organisational requirements.
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., Mitsubishi UFJ Financial Group ("MUFG") is one of the world's leading financial groups. Headquartered in Tokyo and with approximately 350 years of history, MUFG is a global network with around 2,300 offices in over 50 countries including the Americas, Europe, the Middle East and Africa, Asia and Oceania, and East Asia. The group has over 150,000 employees, offering services including commercial banking, trust-banking, securities, credit cards, consumer finance, asset management, and leasing. As one of the top financial groups globally with a vison to be the world's most trusted, we want to attract, nurture and retain the most talented individuals in the market. The size and range of MUFG's global business creates opportunities for our employees to stretch themselves and reap the rewards, whilst our common values, to behave with integrity and responsibility, and to build a culture which is fair, transparent, and honest, underpin everything that we do. We aim to be the financial partner of choice for our clients, whatever their requirements, building long-term relationships, serving society, and fostering shared and sustainable growth for a better world. MUFG's shares trade on the Tokyo, Nagoya, and New York (NYSE: MTU) stock exchanges. The group's operating companies include, but are not limited to, MUFG Bank, Ltd., Mitsubishi UFJ Trust and Banking (Japan's leading trust bank), Mitsubishi UFJ Securities Holdings (one of Japan's largest securities firms), and MUFG Americas Holdings.
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