Loan Workout - Director

Role Description

SMBC's Special Credit Group is looking for a Director to join the Structured Product team.  Among other activities, the person will monitor and manage a portfolio of assigned distressed Project Finance, manage the credit cost, and work together with restructuring advisor assisting in the restructuring efforts.  The distressed Project Finance credits include North America and LATAM infrastructure projects, the power projects and natural resources projects.  Incumbent is also responsible for reserves reporting and account related admin matters.

Role Objectives: Delivery

The role’s responsibilities include but are not limited to the following:

• Continuously monitor and manage existing transactions, such as assign borrower rating, detailed action plans, exposure management strategies and account related admin duties
• Review and process of waivers and amendments, leading the preparation of credit applications, managing the credit process with the Credit Department and back office, performing any due diligence activities, and negotiating documentation.
• Keep abreast of business and market trends that may affect deal/portfolio performance.
• Prepare periodic reports and information pertaining to the account for senior management.  Pro actively escalate operational risk, credit risk, and events to management if applicable.
• On a quarterly basis analyze and report reserve/write-off calculations complying with both US GAAP and JGAAP, assign proper accrual /non-accrual status, and handle credit cost forecasts
• Prepare materials for regulator examinations, external and internal audits.
• Ensure compliance of all internal and external matters in accordance with banking regulations, bank policy and best practices.   
• Undertake ad hoc tasks and projects as required and assigned.
• Provide mentorship and guidance to deal team members and give guidance and feedback.  Help train junior members of team.

Role Objectives: Interpersonal

Work with market counterparties to broaden your market perspective, expand pricing and disposal channels. To better understand the risks in their businesses, especially asset quality issues that may give rise to a workout situation, facilitate partnerships with units such as traditional and consumer lending functions and other client-facing units. Work closely with units such as finance, compliance, legal and IT to understand their particular concerns for any workout situation or asset disposal. Network within the industry through meetings, events and involvement with trade organizations to better understand emerging risk trends. Establish relationships with auditors and regulators to better understand their concerns for any workout situation or asset disposal, and implications for the overall portfolio.

Role Objectives: Expertise

Demonstrate an advanced knowledge of credit and default risk and associated collateral management to streamline workflows and design relevant controls / thresholds and analytics to detect troubled assets early on. Have a solid understanding of Risk frameworks, principles, types and exposures to create meaningful reporting to detect troubled assets. Apply advanced modeling and analytical skills to create meaningful measurement and reporting on key risk exposures. Demonstrate a working knowledge of information technology and project management, in order to best partner with colleagues in data gathering and monitoring. Use a basic knowledge of finance and accounting to help quantify impact analysis and create meaningful workout proposals. Be familiar with financial services trends and emerging issues to update risk processes and avoid exceptions. Apply relevant laws and regulations to avoid regulatory non-compliance. Communicate analytical data effectively.

Qualifications and Skills

• Deep understanding of Project Finance.
• Proven analytical and financial modeling skills and experience with review and negotiation of project financing documentation.
• Proven credit analysis skills and track record; ability to efficiently analyze a vast and complex amount of information to quickly identify the key risk factors of highly structured transactions and draw from extensive knowledge of transactions to identify solutions.
• Knowledge in regulatory framework in region and fully versed in internal policies and procedures.
• Excellent communication and presentation skills both written and verbal; proven ability to present and negotiate externally with clients and key industry contacts and internally with senior management and other departments.
• Ability to build and maintain a strong network of relationships across the Bank to support and facilitate communication and/or execution of review and transaction applications.
• Demonstrates a high degree of attention to detail and an ability to complete work accurately and in a timely manner against strict deadlines.
• Self-driven and motivated; takes personal ownership of specific assignments.
• Demonstrates leadership ability to lead an amendment or a restructuring, and can provide mentorship, guidance, training to junior colleagues on the team.    

Work Experience:

• 8+ years’ experience in project finance credit underwriting or portfolio management at the leading financial institution
• Experience in negotiating term sheets and project finance documentations

Education:

• Required: BA / BS in Finance, Accounting, Business Administration, or a related filed

• Preferred: MA / MS / MBA
• Formal credit training preferred

Additional Requirements