Asset Management, Associate
New York, NY, US, 10172
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 $150,000.00 and $200,000.00. 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
The Infrastructure Asset Management team is a growing team within the Americas Division, the team is focused on the development of the infrastructure asset management platform in the Americas.
The role of the position of Associate, Asset Management will be to work together with other team members across different products and business partners, including the Director and the General Manager in charge of the infrastructure asset management platform.
Role Objectives
- Associates perform a wide range of tasks including complex financial analysis, financial modeling, preparation of memos and approval documents in the support of transactions and new initiatives.
- Manage multiple projects while communicating effectively with team members, internal and external partners.
- Conduct research, develop quantitative analyses and synthesize information to provide recommendations through concise and compelling deliverables.
- Support in the formulation of investment strategies for new funds, defining investment thesis, market analysis, preparing business plan and obtaining internal approval for go to market.
- Liaise with existing and potential investors, joint-venture partners and other potential business partners in the asset management ecosystem.
- Negotiate with existing JV-partners terms & conditions for investment partnerships and new funds in fund raising.
- Support investors’ due diligence process and formal fund raising requests and process.
- Provide ideas, leads and origination avenues for new initiatives and transactions related to the investment strategies to be pursued.
Qualifications and Skills
- At least 2-3 years of investment banking, project finance, management consulting, asset management or similar experience in the Americas.
- Demonstrated leadership skills and a team player approach with a strong motivation to contribute to a positive team culture.
- Knowledge in regulatory framework in region and fully versed in internal policies and procedures.
- Excellent verbal and written communication skills with the ability to manage a variety of transactions and projects simultaneously.
- Ability to build and maintain a strong network of relationships across the Bank to support and facilitate communication and/or execution of new business ideas and opportunities.
- Ability to organize thoughts, clearly articulate points, and provide summaries and explanations of transactions, verbally or in writing, to clients, management, or other internal departments.
- Self-driven and motivated; takes personal ownership of specific assignments.
- Demonstrates leadership ability and can provide mentorship, guidance, and training to junior colleagues on the team.
- Demonstrates a high degree of attention to detail and an ability to complete work accurately and in a timely manner against strict deadlines.
- Able to quickly learn and adapt to new processes and systems.
Education
- Required: BA/ BS
- MA/ MS/ MBA a plus but not required
- Formal credit training preferred
Licenses, Certifications, Registrations
- CFA a plus but not required
Software Systems/ Programming Languages
- Microsoft Office, Word, Excel, PowerPoint
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.
We are an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, disability status, protected veteran status or any other characteristic protected by law. SMBC provides reasonable accommodations for employees and applicants with disabilities consistent with applicable law. If you need a reasonable accommodation during the application process, please let us know at accommodations@smbcgroup.com.
Nearest Major Market: New York City