Associate, Underwriting & Credit Review

Overview

This position performs credit reviews and applications for customers. This includes the production of a credit application, credit review and credit grading. This position is responsible for the thorough and accurate analysis and assessment of the creditworthiness of the bank’s customers as well as the overall credit portfolio.

Key Accountabilities

• Prepare timely and accurate credit applications for annual reviews, renewals of existing customers, and adhoc monitoring, including preparation of related financial models and stress testing of those models, analyses of customer’s financial information and industry conditions.
• Analyze borrowers’/potential borrowers’ financial statements, industry trends, economic conditions, prepare long term project, and assess risk.
• Perform thorough investigations and exercise sound judgment in analyzing and assessing the risks associated with the Bank’s investments and to constantly adhere to the proper application of the Bank’s credit policies and procedures, banking regulations, and best practices.
• Prepare accurate daily, weekly and/or monthly reports on borrowers (facilities and exposure, etc.) to circulate to Department Head, and Management.
• Monitor, control and inform Bank personnel of credit related trigger events and financial releases of customers in a timely basis.
  To investigate, research and discuss borrower requirements and transactions with the Relationship Management team.
• Respond to relevant Credit Department’s requests by investigating and assessing validity with respect to change in condition in a bilateral loan.
• Protect the Bank’s position and preserve the credit quality.
• Co-ordinate with accounts managers or customers on financial reports and other specific requirements.
• Prepare and provide special reports on borrowers and industry research upon request by the Department Head or Management officers.
• Conduct analysis of the credit portfolio, including the assessment of credit quality, concentration risk, and portfolio performance trends.
• Perform portfolio review including stress testing scenarios and sensitivity analyses. Assess resilience of the portfolio to various economic conditions and external factors.
• Assist in preparation of credit portfolio reporting, monitor credit and portfolio metrics, limits, and key risk indicators.
• Support development and enhancement of documentation, RAC and policy exception frameworks to ensure compliance with regulatory requirements and best practices.
• Respond to ad-hoc requests for risk-related credit portfolio reporting tasks
• Stay informed about industry trends, emerging risks, and regulatory developments to contribute to the continuous improvement of the risk management function.
• Assist Department Head in completing special projects as requested.
• Ensure full compliance with all the Bank’s policies and procedures, including Anti-Money Laundering policies, and the requirements of the relevant regulatory bodies as communicated by SMBCC’s Compliance Department.

Interpersonal/Communications

Internal: Most Bank departments to exchange information, especially the Corporate Banking team.
External: Customers to provide financial information or data.

Job Specifications

Knowledge: University degree in Business, Economics, Finance or Commerce. A post graduate MBA preferred. A Professional certification (e.g., FRM, CFA) is an asset.

Experience: Minimum 5 years previous related corporate banking experience, with 2-3 years of experience working in a credit portfolio risk analysis function. Able to work in a high pressure, deadline driven work environment. Able to work independently on projects with little oversight.

Experience in preparing credit applications, performing cash flow analysis, ability to read and interpret financial statements, and strong accounting skills.

Skills: Excellent interpersonal, strong organizational and communication skills. Demonstrate a high degree of attention to details and ability to multi-task & work in a fast- paced environment.

Strong analytical and critical thinking skills, ability to synthesize large amounts of information, analyze risk and identify mitigating factors.

Computer Applications: GBR (SMBC proprietary system), Loan IQ, Microsoft Office (including Word, Power BI, and Excel), DebtDomain, S&P Cap IQ, and Bloomberg.

Working Conditions

• Time pressure/deadlines -- Significant
• Stress of multiple demands -- Significant
• Attention to details -- Significant
• Environment -- Open office / Hybrid Work Model
• Other – Availability for weekday evenings and weekend on-call schedules required to support critical operations.

About SMBC

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. SMBC provides reasonable accommodations for employees with disabilities consisted with applicable law. If you need reasonable accommodation during the application process, please let us know as SMBCCB_Accessibility_Canada@smbcgroup.com. SMBC is an EO employer – M/F/Disability