Hybrid Vice President, Real Estate – Credit Management

at MUFG

• Job title: Vice President, Real Estate – Credit Management
• Job type: Full Time
• Experience level: Lead
• Salary: Not specified
• Degree requirement: Bachelor's Degree
• Location requirements: Hybrid, Sydney, Australia

About the role

• Vice President managing real estate credit for MUFG's expanding pipeline in Oceania. Overseeing large-scale projects and collaborating with diverse stakeholders in Australia and New Zealand.

Responsibilities

• Play a key role in managing and overseeing large-scale real estate exposures across multiple asset classes in Australia and New Zealand.
• Support the growth of the structured real estate business by providing strong credit oversight, commercial judgement, and proactive risk management.
• Work closely with a wide range of internal and external stakeholders including origination teams, credit partners, product teams, clients, project consultants, builders, and other advisers.
• Oversee the bank’s construction-related real estate exposures across Australia and New Zealand by actively managing portfolios covering living, office, logistics, and mixed-use developments.
• Support ongoing credit and risk management of the real estate portfolio with particular focus on development and construction exposures to ensure early identification of emerging risks.
• Assess borrower performance, project viability, and evolving market conditions to provide insightful commentary and reporting for senior management and credit stakeholders.
• Lead or support periodic portfolio reviews by monitoring key risk indicators such as credit limits, borrower risk ratings, covenant compliance, and emerging trends within the sector.
• Drive continuous improvement initiatives across the portfolio by standardising processes, enhancing efficiency, and refining policies in line with organisational objectives.
• Provide active oversight of construction projects by reviewing Quantity Surveyor reports, analysing project budgets and cost-to-complete assessments, and tracking construction progress updates.
• Represent the bank at Project Control Group meetings and other relevant forums to monitor key milestones including drawdowns, pre-sales or leasing activity, and completion timelines.
• Identify emerging risks related to cost overruns, delays, contractor performance or market conditions; escalate issues appropriately while developing practical mitigation strategies.
• Take an active role in stabilising and managing challenged or stressed projects, working with borrowers and internal stakeholders to drive outcomes through to completion.
• Ensure alignment with financing structures while managing projects experiencing stress or delays.
• Provide guidance and mentorship to junior team members, supporting capability development and high standards of analysis and reporting.

Requirements

• 5-10 years’ experience in portfolio management, development project management or real estate finance portfolio management within building companies or financial institutions is highly desirable for this position.
• Experience working with institutional real estate sponsors on large-scale development projects will be considered favourably due to the complexity of assignments involved.
• A background in Quantity Surveying or project management combined with construction monitoring or development finance experience is highly advantageous for this role.
• A degree in Property, Construction Management, Finance or a related discipline is essential to ensure foundational knowledge relevant to the responsibilities outlined.
• Solid understanding of construction processes including budgets, cost-to-complete analysis and development risk assessment is required for effective oversight.
• Proven experience in real estate development finance with preference given to those familiar with portfolio management or credit risk within banking or institutional lending environments.
• Demonstrated ability to review QS reports thoroughly alongside understanding construction drawdown processes and PCG governance frameworks is important for success.
• Capability to identify emerging project risks quickly while developing practical mitigation strategies that protect stakeholder interests is crucial for this position.
• Experience managing challenged or stressed development projects through stabilisation or completion phases will set you apart from other candidates.
• Strong stakeholder management skills are necessary along with excellent written and verbal communication abilities to engage effectively at all levels.

Benefits

• Flexible working arrangements
• Collaborative culture
• Strong support for professional growth