SMBC
Overview
SMBC Group is a top-tier global financial group headquartered in Tokyo with a 400-year history. The Group offers a diverse range of financial services, including banking, leasing, securities, credit cards, and consumer finance. It operates in more than 40 countries with around 80,000 employees. Sumitomo Mitsui Financial Group, Inc. (SMFG) is the holding company of SMBC Group. 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. The Group provides commercial and investment banking services to corporate, institutional, and municipal clients through its network of operating companies, including 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 $135,000.00 and $181,000.00, and offers may include a discretionary incentive award. In addition to cash compensation, SMBC offers a competitive benefits package. Role Description
SMBC Capital Markets, Inc. (CM) is a derivatives trading firm based in New York City, with offices in Charlotte, NC, London and Hong Kong. SMBC CM is an established derivatives dealer with a broad product portfolio focused on interest rates and foreign exchange products such as rates & FX swaps, options & exotics as well as exchange traded products. SMBC Nikko Securities America, Inc. is an SEC-registered securities broker-dealer and member of the Financial Industry Regulatory Authority (FINRA) and the Municipal Securities Rulemaking Board (MSRB). These entities provide coordinated services to our corporate and institutional clients as part of the SMBC Global Markets business unit. Global Markets is searching for a
Credit Risk Specialist
to cover financial institutions. The role reports to the Head of Credit Services within the Chief Operating Office of SMBC Capital Markets front office. The role's primary function is to assess credit worthiness and produce credit applications and renewals in support of our Global Markets investor businesses. The position is on the trading floor and the work environment is fast paced involving direct contact with front office staff, second line credit officers and our clients. The individual will support activities within our swap dealer and broker dealer businesses including derivatives, FX, repo and securities lending. As part of the first line of defense, the Credit Services Department maintains sound credit management activities liaising where necessary with other departments to review and assess credit risk, monitor credit exposure and provide guidance on credit limits in accordance with policies and procedures. Responsibilities
Perform credit analyses on Non-Bank Financial Institutions (NBFI), asset managers, insurance companies and banks with emphasis on financial analysis, asset quality, liquidity, historical performance, and key risk. Evaluate derivatives and securities financing transactions across client base working closely with derivatives marketers, relationship managers, risk management, credit department and legal to mitigate risk. Provide continuous credit monitoring of assigned portfolio, ensure accuracy of assigned risk ratings and escalate any deterioration in credit quality to management. Work on special projects as required. Qualifications and Skills
BA/BS required with concentration in finance or business. 3+ years of relevant credit work experience covering Non-Bank Financial Institutions (NBFI), insurance, asset managers and financial institutions. 5 – 7 years of credit experience including management / development of junior staff for Vice President corporate title. Excellent understanding of derivatives and SFT product risk. Strong interest in client interaction and outstanding verbal and written communication skills. Ability to operate independently and perform well under pressure in a demanding environment. Strong analytical skills with attention to detail. Proficient in Excel, Word and PowerPoint. Work Model and Accommodations
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.
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SMBC Group is a top-tier global financial group headquartered in Tokyo with a 400-year history. The Group offers a diverse range of financial services, including banking, leasing, securities, credit cards, and consumer finance. It operates in more than 40 countries with around 80,000 employees. Sumitomo Mitsui Financial Group, Inc. (SMFG) is the holding company of SMBC Group. 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. The Group provides commercial and investment banking services to corporate, institutional, and municipal clients through its network of operating companies, including 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 $135,000.00 and $181,000.00, and offers may include a discretionary incentive award. In addition to cash compensation, SMBC offers a competitive benefits package. Role Description
SMBC Capital Markets, Inc. (CM) is a derivatives trading firm based in New York City, with offices in Charlotte, NC, London and Hong Kong. SMBC CM is an established derivatives dealer with a broad product portfolio focused on interest rates and foreign exchange products such as rates & FX swaps, options & exotics as well as exchange traded products. SMBC Nikko Securities America, Inc. is an SEC-registered securities broker-dealer and member of the Financial Industry Regulatory Authority (FINRA) and the Municipal Securities Rulemaking Board (MSRB). These entities provide coordinated services to our corporate and institutional clients as part of the SMBC Global Markets business unit. Global Markets is searching for a
Credit Risk Specialist
to cover financial institutions. The role reports to the Head of Credit Services within the Chief Operating Office of SMBC Capital Markets front office. The role's primary function is to assess credit worthiness and produce credit applications and renewals in support of our Global Markets investor businesses. The position is on the trading floor and the work environment is fast paced involving direct contact with front office staff, second line credit officers and our clients. The individual will support activities within our swap dealer and broker dealer businesses including derivatives, FX, repo and securities lending. As part of the first line of defense, the Credit Services Department maintains sound credit management activities liaising where necessary with other departments to review and assess credit risk, monitor credit exposure and provide guidance on credit limits in accordance with policies and procedures. Responsibilities
Perform credit analyses on Non-Bank Financial Institutions (NBFI), asset managers, insurance companies and banks with emphasis on financial analysis, asset quality, liquidity, historical performance, and key risk. Evaluate derivatives and securities financing transactions across client base working closely with derivatives marketers, relationship managers, risk management, credit department and legal to mitigate risk. Provide continuous credit monitoring of assigned portfolio, ensure accuracy of assigned risk ratings and escalate any deterioration in credit quality to management. Work on special projects as required. Qualifications and Skills
BA/BS required with concentration in finance or business. 3+ years of relevant credit work experience covering Non-Bank Financial Institutions (NBFI), insurance, asset managers and financial institutions. 5 – 7 years of credit experience including management / development of junior staff for Vice President corporate title. Excellent understanding of derivatives and SFT product risk. Strong interest in client interaction and outstanding verbal and written communication skills. Ability to operate independently and perform well under pressure in a demanding environment. Strong analytical skills with attention to detail. Proficient in Excel, Word and PowerPoint. Work Model and Accommodations
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.
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