Credit Analyst - Vice President
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 $114,000.00 and $170,000.00. 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
This role is within the Japanese & Asian Corporate Banking Department. The main function of this position is to underwrite new credit applications; renew existing credit facilities including credit monitoring; perform risk assessments and conduct investigations as part of a thorough analysis of the loan file. Review the merits of each case and deliver comprehensive credit applications within guidelines and in line with Bank Credit Policy.
Role Objectives
- Prepare detailed credit applications for submission. Ensure documentation is accurate; identify, assess and mitigate credit risks.
- Demonstrate sound credit judgment and understanding of credit policy. Demonstrate knowledge of end-to-end processes and current practices in loan underwriting. Exhibit solid knowledge and understanding of loan underwriting and structuring, as well as the ability to analyze medium to high complexity loan proposals.
- Work with SMBC credit division effectively to obtain timely credit approvals.
- Collaborate with internal partners within operations and other support functions in order to streamline operations processes and participate in continuous improvement initiatives.
- Help team leaders by supporting and mentoring junior members proactively and appropriately.
- Provide support to relationship managers as needed, by getting involved in new business initiatives such as providing structuring advice from credit risk management perspective.
Qualifications and Skills
- Minimum 5 years of working experience as credit analyst for corporate/investment banking, project finance.
- Bachelor’s degree in Finance, Business or Accounting preferred or equivalent education and training.
- Solid communication skills with an ability to coordinate and communicate with various external and internal stakeholders.
- Highly proficient MS Excel, Word and PowerPoint skills are required.
- Japanese language skill is preferred, but not necessary.
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.
Nearest Major Market: New York City