Credit Officer / Fund Finance

Sumitomo Mitsui Banking Corporation (SMBC)
remote work
United States, New York, New York
277 Park Avenue (Show on map)
Nov 19, 2024
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 $73,000.00and $86,000.00. 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 SMBC is seeking a Credit Officer in the Credit Department with solid foundation in finance and strong ability to analyze elements of credit risk for subscription finance transactions with private equity funds.The Credit Officer is expected to support the Fund Finance risk team, including the review of credit applications submitted by the front office. This will include the preparation/presentation of executive summaries and recommendations to management of the Credit Department. Role Objectives: Delivery Analyze credit risk of private equity fund clients, primarily related to subscription finance transactions. Scope of analysis and review includes, but not limited to, fund investor credit risk, deal structure, facility terms and conditions, transaction background, profitability, and relationship strategy. Coordinate the credit approval process by liaising between the front office and the management of the Credit Department. Provide feedback and guidance to front office to ensure consistent and complete credit applications and compliance with internal policies and procedures. Produce portfolio reporting utilizing advanced MS Excel and data automation tools. Create presentations which analyze trends and developments. Other credit related works/projects as assigned. Role Objectives: Expertise Demonstrate strong analytical skills and business acumen. Strong presentation skills tocommunicate analytical data effectively. Demonstrated ability to work independently and successfully manage multiple priorities and stakeholders. Ability to communicate appropriately at different levels of the organization to build collaborative relationships. Role Objectives: Interpersonal Develop relationships with client-facing units to better understand the risks in their businesses, the instruments they handle and their counterparty relationships. Develop relationships with other units such as finance, compliance, legal and IT to improve workflows and data gathering / sharing. Begin to network within industry through meetings, events and involvement with trade organizations to better understand emerging risk trends. Qualifications and Skills The ideal candidate will have a Bachelor's degree in Finance, Economics, or a related field. 2 or more years of relevant work experience in the financial services industry preferred. Credit risk experience or formal credit training background a plus. Knowledge of fund finance, capital markets and derivatives preferred. Strong attention to detail, and excellent written and verbal communication skills. Fundamental PC skills, including high proficiency in Microsoft Word and Excel, are required. Ability and willingness to work as a team player, and under tight deadlines in a multi-tasking environment. 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. 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.