Collateral Management Group, Broadly Syndicated Loan (BSL) Analyst/Associate

Job Level: Associate

Job Function: Trade Operations

Location:

New York, NY, US, 10172

Employment Type: Full Time

Requisition ID: 6244

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 $100,000.00 and $110,000.00. 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 an Associate or Analyst in the Collateral Management Group within the Securitized Products and Capital solutions (SPCS) Department. This position will be responsible for performing collateral screening for approval of Broadly Syndicated Loan (BSL) Warehouse Facilities. Manage this process for several open warehouse facilities at a given time. Periodic/monthly updating of key loan data on approved collateral. Conduct monitoring of loan portfolio / provide research and analytics / other tasks as required.

Role Objectives

Perform analysis for screening of loan collateral for inclusion in warehouse financing facilities.
Prepare summary collateral approval requests for review by SPCS management.
Conduct regular monitoring and support the overall management of the portfolio. Update key metrics on approved collateral.
Coordinate information flow among departments and other parties to the transaction to assess performance of the loan portfolio.
Liaise with middle- and back-office for necessary reporting and facility management purposes.
Assist in broader Collateral team efforts in BSL or Middle Market efforts as workflow permits.

Qualifications and Skills

BA/BS
Able to quickly learn and adapt to internal policies, processes, and other systems.
Able to work well in a team-oriented environment. Demonstrates intellectual curiosity and interest in continuous learning.
Attention to detail is essential. Demonstrates a high degree of attention to detail and ability to complete work accurately and in a timely manner against strict deadlines.
Highly collaborative and flexible in a team environment. Able to coordinate and communicate with various internal departments across the bank (middle / back office, etc.).
Self-driven and motivated; takes personal ownership of specific assignments. Desire to learn and grow.
Organizes thoughts and clearly articulates points, both verbally and in writing, to management or other internal departments, i.e. ability to summarize and explain transactions.
Credit and underwriting skills a plus. Familiarity with corporate finance and accounting rules is a plus.
Able to quickly learn internal policies, processes, and other systems.
Software Systems / Programming Languages - MS Office Suite (Word, Excel, PowerPoint) is required. Bloomberg, Capital IQ and IHS Markit.

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.