Credit Officer - Smbc Global Foundation : Job Details

SMBC is seeking an Associate with commensurate experience/skills in credit risk analysis for US subsidiaries of Japanese parent companies.

Responsibilities include:

• Review & challenge of credit applications submitted by the front office(s) and prepare executive summaries/written recommendations to the management of the Credit Department. It is also expected to work with the front office to improve the quality of credit applications to expedite the approval process.
• The coverage includes lending transactions related to Japanese Corporates and their related financial products (derivative, hedging, etc.).
• The scope of the analysis and the review includes, but is not limited to, obligor credit risk, projections, transaction background, deal structure, facility terms and conditions, US regulatory classification, profitability, and relationship strategy.

Role objectives include:

• Conducting required analysis of various credit risk elements for new and existing transactions for corporate credits in coordination with the front office and senior management based on solid knowledge around financial analysis and US regulatory requirements.
• Preparing written executive summaries/comments of credit applications submitted from the front office and presenting them to the management of the Credit Department.
• Controlling the deal and credit approval process, ensuring appropriate communication with all relevant parties, and adhering to credit policies and approval authorities.
• Analyzing client's financial performance, continuously monitoring risk events and the quality of the portfolio, and promptly reporting on key events (i.e. downgrades, event of default, etc.) to management.
• Participating in periodic meetings to review specific borrowers and sectors to support front offices in setting appropriate action plans for deteriorating credits.
• Engaging with the front office to assist with due diligence and structuring, identifying key credit risks and main credit concerns, and challenging assumptions prior to formal credit submission.
• Other credit-related tasks/projects as assigned.

Qualifications and skills include:

• Minimum 3+ years of relevant work experience preferably within a credit risk function (formal credit training preferred).
• Solid knowledge of market practices in corporate finance. Undergraduate degree in Finance, Business Administration, or related fields. MBA/CFA or other professional qualification preferred.
• Experience handling individual accounts/deals is highly regarded.
• Capability to take a standard corporate transaction from inception to approval, with some guidance and supervision where appropriate.
• Ability to manage significant deal volume in a fast-paced environment and analyze credit applications and prepare written summaries in a short timeframe and in a multitasking environment.
• Good working knowledge of credit and risk principles including corporate finance, securitization, ABL, supply chain finance, ARP, lease finance, and accounting.
• High level of IT literacy, strong written and verbal communication skills (supporting preparation of succinct and focused credit papers), and strong interpersonal skills (supporting collaboration/teamwork).
• Willingness to learn the Bank's structure, policies, and procedures and new culture/mindset.
• Strong analytical skills; detail-oriented.
• Good organizational skills; ability to prioritize work and manage time effectively.
• Business fluency in Japanese is preferred, but not a requirement.

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 [email protected].