Associate - GFIG Portfolio Management Group

Job Level: Associate

Job Function: Origination

Location:

New York, NY, US, 10172

Employment Type: Full Time

Requisition ID: 6263

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 Global Financial Institutions Group is a worldwide network of industry experts who understand the economic landscape and the challenges facing financial institutions. To meet the needs of domestic and global institutional clients, we leverage the full suite of products across SMBC to provide unique financial solutions to clients within the following industry sectors: Banks and Broker Dealers, Regulated and Alternative Investment Managers and Funds, Insurance Companies and Specialty Finance Companies (including BDCs). In addition to providing corporate and other specialized financing to the financial sector, the GFIG team partners with many business units throughout the SMBC Group to offer our clients a wide range of products, including Capital Markets (DCM, Capital Solutions, ABS, CLOs), Sales and Trading (Fixed Income), Trade Finance, Structured Financing (including Subscription Financing and Asset-based lending), FX/Derivatives, and Operational services.

SMBC is seeking an Associate within the GFIG Portfolio Management Group to support credit coverage of Funds and Asset Managers across the Americas. The role focuses on independent credit risk analysis, transaction review, and ongoing portfolio monitoring for a broad range of non‑bank financial institutions, including 1940 Act funds, private equity funds and asset management firms. The Associate will review credit applications originated by the Front Office and prepare clear, concise credit analysis and executive‑level summaries for Credit Department management, ensuring alignment with SMBC’s credit philosophy, risk appetite, and regulatory requirements.

Role Objectives

Analyze credit risk for funds and asset managers, including strategy, asset composition, leverage, liquidity, investor base, and governance.
Review transaction structures and facility terms, including revolving credit facilities, term loans, letters of credit, structured financings and trading exposure.
Assess counterparty risk, deal economics, and alignment with SMBC’s risk‑return and relationship objectives.
Prepare written credit analysis, executive summaries, and recommendations for Credit Department management.
Coordinate the credit approval process by liaising between the Front Office and the Credit Department.
Monitor approved counterparties and portfolios, identifying emerging risks or credit deterioration and preparing recommendations for managing credit risk.
Provide guidance to Front Office teams to ensure complete, consistent, and policy‑compliant credit applications.
Ensure compliance with internal credit policies and support credit‑related initiatives and projects as assigned.

Qualifications and Skills

3–5 years of experience in credit risk, investment analysis, or related roles within financial services.
Experience supporting analysis of funds and/or asset managers.
Strong foundation in finance and accounting with interest in fund structures and credit risk.
Ability to analyze financial statements and transaction structures with guidance.
Strong written and verbal communication skills and attention to detail.

Core Competencies:

Strong analytical judgment and risk awareness.
Ability to work under tight deadlines in a fast‑paced environment.
Clear, concise communication with senior stakeholders.
Team‑oriented mindset aligned with SMBC’s disciplined credit culture.

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.