Underwriting & Credit Review - Analyst

Job Level: Analyst

Job Function: Lending Operations

Location:

Los Angeles, CA, US, 90017

Employment Type: Full Time

Requisition ID: 4861

SMBC Group is a top-tier global financial group. Headquartered in Tokyo and with a 400-year history, SMBC Group offers a diverse range of financial services, including banking, leasing, securities, credit cards, and consumer finance. The Group has more than 130 offices and 80,000 employees worldwide in nearly 40 countries. Sumitomo Mitsui Financial Group, Inc. (SMFG) is the holding company of SMBC Group, which is one of the three largest banking groups in Japan. SMFG’s shares trade on the Tokyo, Nagoya, and New York (NYSE: SMFG) stock exchanges.

In the Americas, SMBC Group has a presence in the US, Canada, Mexico, Brazil, Chile, Colombia, and Peru. Backed by the capital strength of SMBC Group and the value of its relationships in Asia, the Group offers a range of commercial and investment banking services to its corporate, institutional, and municipal clients. It connects a diverse client base to local markets and the organization’s extensive global network. The Group’s operating companies in the Americas include Sumitomo Mitsui Banking Corp. (SMBC), SMBC Nikko Securities America, Inc., SMBC Capital Markets, Inc., SMBC MANUBANK, JRI America, Inc., SMBC Leasing and Finance, Inc., Banco Sumitomo Mitsui Brasileiro S.A., and Sumitomo Mitsui Finance and Leasing Co., Ltd.

The anticipated salary range for this role is between $67,000.00 and $80,000.00. The specific salary offered to an applicant will be based on their individual qualifications, experiences, and an analysis of the current compensation paid in their geography and the market for similar roles at the time of hire. The role may also be eligible for an annual discretionary incentive award. In addition to cash compensation, SMBC offers a competitive portfolio of benefits to its employees.

Role Description

Sumitomo Mitsui Banking Corporation is hiring a Credit Analyst in our Los Angeles office. The main function of this position is to provide analytical and administrative support to the senior members of the team. This individual will support associates and senior level officers in preparing credit applications, reviewing quarterly loan reports, conducting regular credit reviews of loans in the portfolio, providing research and analytics, and other administrative tasks as required.

Role Objectives

Conduct analysis and research on the performance of borrowers to assess historical performance and future projections.
Perform quarterly and annual reviews of loan portfolio and handle a variety of system and procedural issues related to the borrowers such as internal grading, monthly/quarterly reporting, and other ad hoc projects.
Prepare credit applications, support due diligence processes and day-to-day administrative activities for transactions.
Assist with amendments, dividend transactions, loan closings and funding, and other credit events that may impact the borrower.
Assist in the creation of internal reports, including those reports relating to exposure, budget and inventory as well as ad hoc reports for management.
Gather support documentation to structure deals and assist in drafting pre-screen memos for the Credit Department.
Undertake research and analytics related to specific sectors, regions or loans, and stay abreast of current market conditions.

Qualifications and Skills

0-2 years of comparable or relevant experience. Experience at the analyst level in a corporate banking group preferred
Able to quickly learn and adapt to new processes and systems. Works well in a culturally diverse and team oriented environment. Demonstrates intellectual curiosity and an interest in continuous learning.
Strong analytical and critical thinking skills, ability to synthesize large amounts of information, analyze risk and identify mitigating factors.
Self-driven and motivated; takes personal ownership of specific assignments.
Highly collaborative and flexible in a team and client environment and ability to form good relationships internally and externally. Able to coordinate and communicate with various internal departments across the bank (middle/back office, global counterparts.)
Ability to organize thoughts and clearly articulate points and provide summaries and explanations of transactions, verbally or in writing to management or other internal departments.
Experience in preparing credit applications, performing cash flow analysis, ability to read and interpret financial statements, and strong accounting skills. Must be proficient in the use of MS Excel, Word and PowerPoint.
Demonstrates a high degree of attention to detail and an ability to complete work accurately and in a timely manner against strict deadlines.

Additional Requirements

SMBC’s employees participate in a Hybrid workforce model that provides employees with an opportunity to work from home, as well as, from an SMBC office. SMBC requires that employees live within a reasonable commuting distance of their office location. Prospective candidates will learn more about their specific hybrid work schedule during their interview process. Hybrid work may not be permitted for certain roles, including, for example, certain FINRA-registered roles for which in-office attendance for the entire workweek is required.

SMBC provides reasonable accommodations during candidacy for applicants with disabilities consistent with applicable federal, state, and local law. If you need a reasonable accommodation during the application process, please let us know at accommodations@smbcgroup.com.