Senior Loan Workout Specialist, Vice President

Essential Duties and Responsibilities:

• Manage an assigned portfolio of challenged corporate credits (wholesale corporate and project/structured financing both domestic and international across a broad range of industries) and independently manage respective workouts. Assigned accounts may be complex and have inter-creditor issues. MUFG may have exposure across several levels of the capital structure adding to workouts complexity. Take a leadership role and represent MUFG where MUFG is the Agent or may not be the Lead Agent but has a significant position in terms of credit exposure or position in the capital structure. Represent MUFG on steering committees.

• Analyze Borrowers and Guarantors financial statements (including key performance indicators (KPIs)and 13-week cash flows as applicable) to: (i) measure and monitor customers performance; (ii) determine borrowers financial ability to make debt service payments; (iii) analyze the reason(s) for default/financial distress; (iv) determine ability to turn around operations to realize improved financial performance; (v) prepare corporate valuation analysis utilizing various methodologies; (vi) assess repayment ability under various restructuring scenarios; (vii) structure/underwrite waivers consents amendments restructurings and forbearance approvals and agreements.

• Use aforementioned analysis to prepare timely borrower and regulatory rating recommendations and maintain proper accrual status on each account.

• Regularly prepare and submit reports to immediate supervisor Division Manager and others within Credit Risk Administration about actual/forecasted borrower/regulatory rating changes that could impact capital charges or require a charge-off as well as on matters that could impact deal/portfolio performance.

• Develop document and implement detailed action plans and workout strategies including enforcement of remedies and legal action for all challenged credits in your portfolio and provide periodic status reports to senior management.

• Provide recommendations on appropriate action plan for each deal: (i) to hold position because of high likelihood for refinancing or repayment; (ii) various strategies for restructuring loans; or (iii) rationale for selling a loan with the overriding goal being to optimize MUFGs position and maximize loan recoveries.

• Review key terms and conditions of loan documentation. Negotiate enhancements as applicable.

• Prepare and present written quarterly updates analysis and remediation strategy recommendations to Division Manager Bank Officers and Committees.

• Provide advice counsel direction and guidance to the business line/portfolio management group regarding expedient identification and evaluation of deteriorating loan situations to recognize problem loans early and to minimize losses. This may include significant strategic planning with line officers in negotiations with other lenders and participants across the capital structure (i.e. subordinated debt 2nd lien debt mezzanine equity etc.).

• Work with in-house and outside legal counsel as appropriate for waivers consents and amendment negotiations and documentation drafting.

• Negotiate with debtors and bankers to manage workout and restructure challenged deals to improve credit quality restructure or sell loans in a cost-effective manner to minimize potential losses while maximizing returns to MUFG (through amendment fees default rate interest etc.). In complex credit structures this will require spending significant time with other lenders sponsors and private equity funds to favorably influence outcomes.

• Regularly report to immediate supervisor Division Manager and others within Credit about actual/forecasted borrower rating changes that could impact capital charges or require the need for a charge-off as well as on matters that could impact deal/portfolio performance. Prepare and submit on schedule to Division Manager and other Bank management all required reports reflecting your portfolio credits. Maintain proper accrual status and borrower ratings on each managed account.

• Keep abreast of business and market trends that may affect your deals and portfolio performance.

• Understand and adhere to MUFGs risk and regulatory standards policies and controls. Identify risk-related issues needing escalation to management.

• Comply with corporate policy especially for capital cost/provision planning and charge-offs. Adhere to applicable compliance/operational risk controls in accordance with MUFG or regulatory standards and policies.

• Responsible for working out challenged loans through restructuring debt negotiating settlement agreements pursuit of appropriate legal action and/or collateral liquidation or loan sales.

• Avoid lender liability issues and contain professional expenses by holding parties accountable.

• Provide assistance/guidance/direction to less experienced team members. Responsible for performance management staffing training and development of junior Workout Officers.

• Complete other related duties and participate in special projects forecasting and reporting as needed.

• Work performed is primarily focused on returning principal and interest to MUFG. Performance is measured on a combination of return to MUFG and account administration. Assigned portfolio size will vary based on size and complexity of MUFGs respective exposure MUFGs role in the deal (lead agent significant deal exposure or participant) and where the deal is in the workout/restructuring cycle.

Qualifications (Education Experience Skills):

• Bachelors degree in Business Administration Finance Accounting or related discipline; MBA preferred

• Minimum of 3 years of workout experience on complex wholesale credits or 3 years of experience at a turnaround consulting firm. Top of the professional discipline in terms of knowledge skills and abilities. Performs the most complex projects proactively calmly thoughtfully and independently.

• Thorough knowledge of financial statements/analysis accounting principles wholesale credit underwriting financial statement analysis and general bank lending guidelines as evidenced by 7 years as a wholesale banker in a regulated bank and through completion of a formal bank credit training program.

• Quantitatively based with strong technical (credit and financial analysis).

• Detail oriented demonstrated ability to multi-task and manage team members (internal and external constituents).

• Ability to effectively negotiate appropriate exit or remediation strategies with borrowers their counsel and any other outside vendors/individuals that play a role in the loan workout process.

• Strong written verbal presentation and interpersonal skills.

• Highly proficient computer skills including: MS Word Excel PowerPoint Moodys or comparable financial statement spread technology Bloomberg FactSet etc.

• Ability to organize prioritize work and demonstrated ability to work with minimal supervision interact with all levels of management and work within a team environment as well as to work effectively under adverse and sometimes hostile conditions is critical.

• Experience with wholesale lending loan documentation and loan workouts is a must.

Preferred Qualifications

• MBA or CFA designation

• Bankruptcy Code knowledge and experience

The typical base pay range for this role is between $155K - $190K depending on job-related knowledge skills experience and location. This role may also be eligible for certain discretionary performance-based bonus and/or incentive compensation. Additionally our Total Rewards program provides colleagues with a competitive benefits package (in accordance with the eligibility requirements and respective terms of each) that includes comprehensive health and wellness benefits retirement plans educational assistance and training programs income replacement for qualified employees with disabilities paid maternity and parental bonding leave and paid vacation sick days and holidays. For more information on our Total Rewards package please click the link below.

MUFG Benefits Summary