Sr Credit Officer I

US-NY-New York

careers

Req #: 12027
Type: Fulltime-Regular (Exempt/Non-Exempt)

Sumitomo Mitsui Banking Corporation

				Overview:

SMBC is seeking a Vice President in the Credit Department with solid foundation in accounting and finance and strong ability to analyze elements of credit risk in various transactions with financial institutions in the Americas.

The Vice President's main responsibility entails the review of credit applications submitted by the front office and to prepare/present executive summaries and recommendations to the management of the Credit Department.

The anticipated salary range for this role is between $109,000 and $176,000. 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.

Responsibilities:

* Analyze various elements of credit risk primarily in transactions with financial institutions (Banks, Broker/Dealers, Insurance, 1940 Act Funds, BDCs, Private Funds, Asset Managers, Structured transactions, etc.) in the Americas
* Scope of analysis and review includes, but not limited to, counterparty credit risk, deal structure, facility terms and conditions, transaction background, profitability, and relationship strategy.
* Prepare and present written executive summaries/comments of credit applications submitted from the front office to the management of the Credit Department
* Coordinate the credit approval process by liaising between the front office and the management of the Credit Department
* Conduct the monitoring of credit quality of the counterparties and transaction portfolio
* Provide feedback and guidance to front office to ensure consistent and complete credit applications and compliance with internal policies and procedures
* Ensure US Regulatory requirements are met with each credit application
* Other credit related works/projects as assigned

Qualifications:

* 5-7 years of relevant work experience in the financial services industry within the credit function as a credit analyst, including 3-5 year of experience in covering the FI sector
* Solid foundation in finance and accounting, as well as knowledge in the FI sector and various financial products, are required
* Ability to adapt to SMBC's credit philosophy and risk appetite
* Excellent written and verbal communication skills
* Ability to read/analyze the contents of credit application and prepare written summary in a short span of time
* Flexibility to work under tight deadlines and in a multitasking environment
* Ability and willingness to work as a team player
			
Share this job: