Credit Specialist - Wealth Management, Vice President

Company: Union Bank
Location: Irvine
Posted on: August 4, 2022

Job Description:

Are you passionate about creating an exceptional client experience?Discover your opportunity with Union Bank , a division of the Mitsubishi UFJ Financial Group (MUFG), the 5th largest financial group in the world. At Union Bank, we have our clients best interest in mind and draw on more than 160 years of experience to understand their distinct needs to tailor our solutions. We re part of 180,000 colleagues around the globe striving to be the world s most trusted financial group, knowing that trust starts with a culture of putting people first and empowering you to achieve your potential.Join Union Bank, where being inspired is expected and creating results is rewarded.Job Summary:The Credit Specialist partners with Private Bankers and Private Wealth Advisors to facilitate the timely delivery of complex credit solutions to qualified clients, acting as a liaison between the relationship managers, underwriters, and clients from an opportunity s inception (structuring, risk assessment, etc.) through documentation and funding. The role is key to balancing asset growth objectives with credit quality standards, and maximizing the efficiency of custom credit underwriting processes. Reports to the Senior Credit Manager - Affluent Lending.Major Responsibilities:75% - FACILITATE THE DELIVERY OF CUSTOM CREDIT TO QUALIFIED PRIVATE BANKING AND WEALTH CLIENTSWorks with approximately 20 - 30 Private Bankers and Private Wealth Advisors in an assigned territory to develop creative, innovative solutions to new financings, restructurings and renewals that meet the Bank s established risk/return parameters with a strong focus on the consistency and quality of the product offering and product delivery.Working relationship includes joint calls on Private Banking and Private Wealth clients, their CPAs and/or business managers with the relationship managers as needed to obtain financial and other information, discuss structural alternatives, prepare and/or review loan summaries and underwriting packages, liaise with underwriters during the credit approval process, and negotiate terms/documentation to effectively meet the client s expectations and borrowing needs.25% - RISK MANAGEMENTFocus on the Bank s soundness by: proactively addressing risk (including credit, Bank Secrecy Act, anti-money laundering, consumer compliance and fair lending)Balancing the pursuit of earnings growth and financial performance with disciplined risk managementHaving a demonstrated knowledge of and sensitivity to the current regulatory environmentManaging the control environment to meet audit standards and avoid lossesEnsuring safekeeping of bank and customer assets; actively supporting and ensuring data accuracy and integrity; and effectively managing and proactively addressing risk associated with changes in processes and procedures.This position may be subject to SAFE Act Registration Requirements. Pursuant to the SAFE Act requirements, all applicants for employment who will be engaged in residential loan mortgage originations (as defined by the SAFE Act) must register with the federal registry system and maintain a status in good standing under the SAFE Act requirements. If at any time the Bank determines that your position requires SAFE Act registration, you will be required to register and to submit to the required SAFE Act background check and registration process. Failure to register successfully or to maintain a status in good standing under the SAFE Act will affect your eligibility for continued employment and may result in your immediate termination.Requirements:Minimum of a BA, BS or equivalent work experienceDemonstrated professional competency and excellent credit skills with 10+ years lending experience in affluent segment and a minimum of two to four years of commercial and/or consumer lending experienceProficient knowledge of computer applications for business purposes.Robust understanding of complex, custom credit solutions to meet both the basic and more sophisticated needs of affluent clientsDemonstrated experience with broad understanding of personal and commercial financial statements and consumer or commercial lending, inclusive of related policies and procedures; Conversational knowledge of investments, trust and planning products and services.Individual must be self-motivated, an independent thinker, and able to advise on numerous credit transactions simultaneouslyStrong sales and service orientationUnderstand attitudes and behaviors of wealthy people and capable of facilitating service at that levelStrong interpersonal and relationship management skills with demonstrated ability to effectively and professionally interact with both sales and credit partners, as well as clients of varying levels of business and financial sophistication.Pursuant to the SAFE Act requirements, all applicants for employment who will be engaged in residential loan mortgage originations (as defined by the SAFE Act) must register with the federal registry system and maintain a status in good standing under the SAFE Act requirements. If at any time the Bank determines that your position requires SAFE Act registration, you will be required to register and to submit to the required SAFE Act background check and registration process. Failure to register successfully or to maintain a status in good standing under the SAFE Act will affect your eligibility for continued employment and may result in your immediate termination.The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities duties and skills required of personnel so classified.We are proud to be an Equal Opportunity/Affirmative Action Employer and committed to leveraging the diverse backgrounds, perspectives and experience of our workforce to create opportunities for our colleagues and our business. We do not discriminate on the basis of race, color, national origin, religion, gender expression, gender identity, sex, age, ancestry, marital status, protected veteran and military status, disability, medical condition, sexual orientation, genetic information, or any other status of an individual or that individual s associates or relatives that is protected under applicable federal, state, or local law.

Keywords: Union Bank, Irvine , Credit Specialist - Wealth Management, Vice President, Executive , Irvine, California