Credit Review Officer
New York, NY, US, 10172 Jersey City, NJ, US, 07311 White Plains, NY, US, 10601
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 $145,000.00 and $185,000.00. 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 Credit Review Department (CRVD) is seeking a highly motivated Credit Review Officer to join its team.
CRVD operates as a Third Line of Defense function, with a primary mandate to provide independent assessment and challenge of internal credit ratings and evaluate the alignment of the bank's credit risk management practices with internal policies & procedures, and regulatory expectations. The department reports directly to the Audit Committee of the Board, ensuring full independence from the First and Second Lines of Defense.
The new joiner will have the chance to work with a diverse and talented team in a global organization and get exposure to a wide range of credit products and business lines
Key Responsibilities:
- Perform independent reviews of credit exposures, including underwriting, risk grading, and policy compliance.
- Lead credit reviews or continuous monitoring for specific business units or thematic credit reviews
- Assess the quality of credit risk management practices across business units.
- Prepare detailed review reports highlighting findings, risk issues, and recommendations.
- Collaborate with business and risk teams to discuss review outcomes and support remediation efforts.
- Monitor trends in credit quality and contribute to thematic reviews and portfolio-level assessments.
- Support regulatory and internal audit engagements related to credit risk.
- Maintain up-to-date knowledge of industry best practices, regulatory developments, and internal credit policies.
Qualification and Skills
- Bachelor’s degree in Finance, Economics, Business, or related field; advanced degree will be a plus.
- 10+ years of experience in credit risk, credit review, or related functions within a financial institution or credit rating agency.
- Working experience in corporate lending for industries like funds financing, financial institutions, project finance, or leasing, will be a plus.
- Strong understanding of credit products, underwriting standards, and risk management frameworks.
- Familiarity with loan documentation.
- Good knowledge of bank regulations and credit risk regulatory environment.
- Excellent analytical, communication, and report-writing skills.
- Ability to work independently and manage multiple priorities in a fast-paced environment.
- High level of integrity and professional judgment.
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