I’m trying to determine if this role is more front-office Asset Management type work or middle-office risk.
The title is Junior Portfolio Manger (Analyst), group is portfolio management Group at Bank of Tokyo - Mitsubishi UFJ’s NYC office. Pay is $80k base + 30-50%.
Description: Junior corporate finance professional, supporting primarily investment grade or Industry vertical lending business. Critical function of assessing risk factors associated with a credit and determining appropriate rating based on established policies and guidelines. Responsible for supporting active credit management of a designated portfolio utilizing solid credit and analytical skills. Provide continuous oversight of portfolio names, monitoring for potential upgrading, downgrading and credit deterioration with the goal of maximizing net income and reducing credit costs.
Entry level position; up to 3 years experience; MBA or CFA up to 2 years.
If anyone is able to chime in, would be a big help.
"Critical function of assessing risk factors associated with a credit and determining appropriate rating based on established policies and guidelines."
"supporting active credit management"
That sounds like middle office to me. The job title implies front office but it should probably say portfolio administrator or even credit analyst/related. It doesn't sound like you'll have much input into the investments of the portfolio. I also can't imagine you'll have a salary less than 6 figures as a PM.
Awful.. even shitty 10th tier banks try to mislead people in those kind of roles...
Esse rem et dolor ab porro. Sed corrupti eveniet nam expedita. Et velit quisquam officiis voluptas nesciunt nobis omnis dolorem. Occaecati qui tenetur amet numquam iste.
Ducimus eos consectetur quia nulla est quia velit deserunt. Sapiente quia magnam ratione eaque eum. Accusantium voluptate aut vitae non officiis consectetur laboriosam. Quisquam eius accusamus dolores blanditiis.
Aut et earum impedit ut est et quia. Delectus ipsum non quia quidem rerum. Iure eos voluptatum recusandae. Placeat dolores nostrum quia officia nostrum repellat architecto. Repellat inventore hic ipsum nostrum vitae maxime. Aut dicta iure et eos similique dolorum dolore.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...