Credit Underwriter - AVP

Role Description

The ideal candidate will have experience underwriting direct origination and syndicated loans and leases for commercial vehicle, construction, and machine tool transactions. Responsible for underwriting lease and loan equipment finance transactions, managing competing priorities and constantly maintaining excellent communication with all key stakeholders throughout the underwriting process. Implementation of the credit policy and flow of incoming requests. Additionally, this role will also provide appropriate credit risk analysis for ongoing portfolio management related items.

Role Objectives

• Coordinate with Sales to ensure the pipeline flow for credit deals are assigned to underwriters and track the progress until the approval obtained. 

• Underwrite credit lease and loan transactions including complex lease, loan, factoring, Japan Direct and any other new product transactions as a preparer to support the pipeline flow and turnover time. The underwriting to be comply with SMFL Credit Policy, CRVD standards and other SMBC credit and compliance regulatory expectations.  

• Ensure that all Underwriting Policy and RAC exceptions are identified, tracked and monitored during the credit risk management process. 

• Participate in Annual Review monitoring and Self-Assessment process per schedule and plan in advance with the team to compete the reviews in timely manner for all business segments and ensure accurate risk rating and classification ( JP and US) are determined.   

• Assist efforts to work towards reducing the credit losses by having quality underwriting practices and credit monitoring practices. 

• Assign internal Risk rating /JP and US Reg classification ratings, update applicable scorecards, monitor limits, oversee data accuracy to ensure compliance with business and institutional guidelines and ensure data integrity in the credit systems. 

• Assist Manager in managing data base for model monitoring purpose specifically for G grade model and if required for QDM scorecard.  

• Assist in the credit approval process for deal post-closing amendment/modifications, consent, waiver requests and comply with the SMFL policy and procedure.  

• Maintain organized credit files for credit, regulatory, and compliance purposes. 

• Assist Managers who handle lease portfolios regarding credit maturities and manages all requests for extensions. Gathers documentation and/or perform due diligence required to approve leases. 

• Assist Manager to monitor and manage delinquencies with collaboration with Collection team and Sales team using Power BI tools.

• Assist in preparing monthly and quarterly reports as required by Senior Management. 

• Submit credit underwriting approval packages at SMFL Credit Managers /Committee Meetings for all leasing requests. 

• Develops close working partnerships with the Leasing sales team, operations and other internal company staff to ensure open communication channels are available to handle issues associated with all lease requests. Responds to calls and requests for information from the team. 

• Carry out any other duties that management assigned in addition to what is allocated above. 

• Comply with SMFL internal control standards and compliance at all times 

Qualifications and Skills

• Undergraduate degree in finance or a related field or an equivalent combination of training and experience.
• Two or more years of relevant equipment finance underwriting experience
• Strong working knowledge and understanding of traditional financial analysis.
• Strong understanding of bank regulatory topics with a focus on compliance to all relevant policies and procedures.
• Strong organizational, time management and prioritization skills to meet deadlines.
• Excellent verbal, written, and interpersonal communication skills with strong presentation skills.
• Team player able to work effectively in a team fostered, multi-tasking environment.
• Excellent time management skills and ability to prioritize.
• Ability to read and understand financial statements and tax returns.
• Proficient in Microsoft Office suite, e.g. Excel, PowerPoint, Word, Outlook, and Power BI
• Experience working with Salesforce and Aspire systems
• Experience underwriting Aviation or Project Finance transactions will be considered a plus

Additional Requirements