Quality Assurance for Credit Underwriting and Portfolio Management - Vice President

Job Level: Vice President

Job Function: Governance & Assurance

Location:

New York, NY, US, 10172

Employment Type: Full Time

Requisition ID: 7306

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 $225,000.00 and $225,000.00. 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 (SMBC) is seeking a detail‑oriented Vice President to serve as a Credit Quality Assurance (QA) Officer for the Wholesale Portfolio within the Americas Division (AD).

As a QA Officer, the professional will join the Strategic Credit Solutions (SCS) team within Credit Product Management (CPM). This role offers the opportunity to evaluate underwriting and portfolio management quality across SMBC AD, deliver timely feedback to stakeholders, and contribute to ongoing enhancements of policies, procedures, and guidelines.

This position collaborates closely with partners across the three lines of defense—Front Office, Credit Department, and Credit Review/Internal Audit.

Role Objectives: Delivery

Participate in end‑to‑end QA testing and discuss observations with QA team members and Front Office partners to ensure alignment.
Conduct continuous monitoring of credit portfolios as part of preventative testing and Operational Efficiency & Sustainability (OES) initiatives.
Develop and apply tailored review questionnaires based on credit product type and relevant risk drivers.
Ensure credit underwriting complies with internal policies, procedures, guidelines, and expectations from the Third Line of Defense (Credit Review) and regulatory bodies.
Consolidate QA results and provide structured feedback to underwriters and portfolio managers.
Track and monitor corrective action plans addressing systemic or recurring deficiencies.

Qualifications and Skills

Bachelor’s degree with minimum 7 years of experience in wholesale credit risk or related fields.
Strong knowledge of wholesale credit analysis and credit risk assessment.
Effective analytical and communication skills.
Familiarity with credit review processes preferred.
Foundational understanding of wholesale credit products.
Strong organizational skills and proficiency in Microsoft Office applications.
Ability to work independently and collaboratively within a team.
High attention to detail with the ability to maintain awareness of broader risk themes.
Ability to identify, evaluate, and escalate emerging risks.
Strong decision‑making and complex‑issue resolution skills.
Willingness to learn and adopt SMBC’s proprietary systems and tools.
Interest in applying Artificial Intelligence (AI) tools to enhance processes.
Demonstrated intent to grow a career within financial services.
Constructive, solutions‑oriented mindset.
Experience with the banking regulatory environment is welcome.

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.