Lenders Finance

Job Level:  Vice President
Job Function:  Trade Operations
Location: 

New York, NY, US, 10172

Employment Type:  Full Time
Requisition ID:  2983

 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 Rail Services LLC, Manufacturers Bank, 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 $113,000.00 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: Lender Finance Group - Structuring and Execution Vice President

Sumitomo Mitsui Banking Corporation is seeking a Vice President to join its Lender Finance Group. The candidate will work with the underwriting / execution team to support senior bankers in the origination, execution, and monitoring of lender finance transactions.  This role will also work closely with originators to support marketing efforts by drafting proposals and negotiating term sheets.


The Vice President is expected to lead and manage every aspect of the transaction due diligence, underwriting, credit approval, and closing processes – including:  
* Conduct due diligence and relevant analyses to identify potential structure risks of proposed transactions.
* Evaluate counter-party risk, propose strategies for portfolio ramping and monitoring, and design creative financing structures for proposed lender finance opportunities.
* Develop marketing materials and pitch books.
* Actively participate in term sheet drafting and negotiations.
* Manage deal teams and junior underwriters to initiate and complete credit approval applications, and work with Credit Department to address credit concerns in order to secure credit approvals.  
* Coordinate information flow among asset manager clients and internal stakeholders in Lender Finance Group, Credit Department, and supporting departments to ensure successful and seamless execution of transactions.
* Work closely with originators and legal counsel to draft, review, and negotiate loan agreements.
* Collaborate with capital markets sales desk to syndicate and distribute transactions when opportunities arise.
* Liaison with KYC department to onboard new customers and with Operations to close, fund, and service transactions as Admin Agent.
* Actively maintain and monitor transactions post close – including annual reviews, amendments and waivers, extensions and repricings, and partnering the Collateral Team to address any collateral issues that might have facility level impact.

 

Qualifications
* 5 - 7 years of specialized experience in loan securitization with strong structuring and quantitative modeling skills.
* Experience in term sheet structuring and negotiation, legal documentation, and deal execution

*Experience in developing, modeling and structuring rated and non-rated private credit and project finance asset-based securitization facilities, structured transactions and warehouses.

* Strong understanding and knowledge of lender finance market and trends of other alternative investment markets such as CLOs, SMAs, commingle funds and BDCs.
* Deep understanding of regulatory environment and its impact on leveraged loans and other securities.
* Familiar with middle market leveraged loan structures and market trends.
* Strong written and verbal communication skills.
* Preferred:  CPA / CFA, working knowledge of Bloomberg and Capital IQ.

 

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.


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