SMBC Group
SMBC Group is a top-tier global financial group headquartered in Tokyo with a 400‑year history. It 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.
In the Americas, SMBC Group has a presence in the United States, 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, connecting a diverse client base to local markets and the organization’s extensive global network.
The anticipated salary range for this role is between $84,000.00 and $131,000.00. The specific salary offered will be based on the applicant’s qualifications, experience, and an analysis of current compensation in the geography and market for similar roles at the time of hire. The role may also be eligible for an annual discretionary incentive award.
Credit Officer Associate Role Description
Review and challenge credit applications submitted by the front office(s) and prepare executive summaries / written recommendations to the management of the Credit Department. Additionally, work with the front office to improve the quality of credit applications to expedite approval.
Coverage includes lending transactions related to Japanese corporates and their related financial products (derivatives, hedging, etc.).
The analysis and review covers obligor credit risk, projections, transaction background, deal structure, facility terms and conditions, US regulatory classification, profitability, and relationship strategy.
Role Objectives
Conduct required analysis of various credit risk elements for new and existing transactions for corporate credits in coordination with front office and senior management.
Prepare written executive summaries/comments of credit applications submitted from the front office and present to the management of the Credit Department.
Control the deal and credit approval process, ensuring appropriate communication with all relevant parties and adherence to credit policies and approval authorities.
Analyze client’s financial performance, continuously monitor risk events and portfolio quality, and promptly report key events (e.g., downgrades, event of default) to management.
Participate in periodic meetings to review specific borrowers and sectors to support front offices in setting appropriate action plans for deteriorating credits.
Engage with front office to assist with due diligence and structuring, identify key credit risks and main credit concerns, and challenge assumptions before formal credit submission.
Other credit related tasks/projects as assigned.
Qualifications And Skills
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, preparing written summaries in a short timeframe and multitasking.
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, and strong interpersonal skills.
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 required.
SMBC’s employees participate in a hybrid workforce model that allows working from home as well as from an SMBC office. Employees must live within a reasonable commuting distance of their office location. Prospective candidates will learn more about their specific hybrid work schedule during the interview process. Hybrid work may not be permitted for certain roles, for example, certain FINRA‑registered roles that require in‑office attendance for the entire workweek.
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.
Seniority level
Associate
Employment type
Full-time
Job function
Finance and Sales
Industries
Banking, Financial Services, and IT Services and IT Consulting
#J-18808-Ljbffr
In the Americas, SMBC Group has a presence in the United States, 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, connecting a diverse client base to local markets and the organization’s extensive global network.
The anticipated salary range for this role is between $84,000.00 and $131,000.00. The specific salary offered will be based on the applicant’s qualifications, experience, and an analysis of current compensation in the geography and market for similar roles at the time of hire. The role may also be eligible for an annual discretionary incentive award.
Credit Officer Associate Role Description
Review and challenge credit applications submitted by the front office(s) and prepare executive summaries / written recommendations to the management of the Credit Department. Additionally, work with the front office to improve the quality of credit applications to expedite approval.
Coverage includes lending transactions related to Japanese corporates and their related financial products (derivatives, hedging, etc.).
The analysis and review covers obligor credit risk, projections, transaction background, deal structure, facility terms and conditions, US regulatory classification, profitability, and relationship strategy.
Role Objectives
Conduct required analysis of various credit risk elements for new and existing transactions for corporate credits in coordination with front office and senior management.
Prepare written executive summaries/comments of credit applications submitted from the front office and present to the management of the Credit Department.
Control the deal and credit approval process, ensuring appropriate communication with all relevant parties and adherence to credit policies and approval authorities.
Analyze client’s financial performance, continuously monitor risk events and portfolio quality, and promptly report key events (e.g., downgrades, event of default) to management.
Participate in periodic meetings to review specific borrowers and sectors to support front offices in setting appropriate action plans for deteriorating credits.
Engage with front office to assist with due diligence and structuring, identify key credit risks and main credit concerns, and challenge assumptions before formal credit submission.
Other credit related tasks/projects as assigned.
Qualifications And Skills
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, preparing written summaries in a short timeframe and multitasking.
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, and strong interpersonal skills.
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 required.
SMBC’s employees participate in a hybrid workforce model that allows working from home as well as from an SMBC office. Employees must live within a reasonable commuting distance of their office location. Prospective candidates will learn more about their specific hybrid work schedule during the interview process. Hybrid work may not be permitted for certain roles, for example, certain FINRA‑registered roles that require in‑office attendance for the entire workweek.
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.
Seniority level
Associate
Employment type
Full-time
Job function
Finance and Sales
Industries
Banking, Financial Services, and IT Services and IT Consulting
#J-18808-Ljbffr