SMBC Group · 1 day ago
Credit Underwriter - AVP
New York, NY
Full-time
Hybrid
Mid Level
$90K/yr - $110K/yr
2+ years expSMBC Group is a top-tier global financial group that offers a diverse range of financial services. The Credit Underwriter - AVP will underwrite lease and loan equipment finance transactions, manage communication with stakeholders, and implement credit policies while providing credit risk analysis for ongoing portfolio management.
AdviceBankingFinancial Services
Responsibilities
Underwrite lease and loan equipment finance transactions
Coordinate with Sales to ensure the pipeline flow for credit deals are assigned to underwriters and track the progress until the approval obtained
Underwrite credit lease and loan transactions including complex lease, loan, factoring, Japan Direct and any other new product transactions as a preparer to support the pipeline flow and turnover time
Ensure that all Underwriting Policy and RAC exceptions are identified, tracked and monitored during the credit risk management process
Participate in Annual Review monitoring and Self-Assessment process per schedule and plan in advance with the team to compete the reviews in timely manner for all business segments and ensure accurate risk rating and classification ( JP and US) are determined
Assist efforts to work towards reducing the credit losses by having quality underwriting practices and credit monitoring practices
Assign internal Risk rating /JP and US Reg classification ratings, update applicable scorecards, monitor limits, oversee data accuracy to ensure compliance with business and institutional guidelines and ensure data integrity in the credit systems
Assist in the credit approval process for deal post-closing amendment/modifications, consent, waiver requests and comply with the SMFL policy and procedure
Maintain organized credit files for credit, regulatory, and compliance purposes
Assist Managers who handle lease portfolios regarding credit maturities and manages all requests for extensions
Gathers documentation and/or perform due diligence required to approve leases
Assist Manager to monitor and manage delinquencies with collaboration with Collection team and Sales team using Power BI tools
Assist in preparing monthly and quarterly reports as required by Senior Management
Submit credit underwriting approval packages at SMFL Credit Managers /Committee Meetings for all leasing requests
Develops close working partnerships with the Leasing sales team, operations and other internal company staff to ensure open communication channels are available to handle issues associated with all lease requests
Responds to calls and requests for information from the team
Carry out any other duties that management assigned in addition to what is allocated above
Comply with SMFL internal control standards and compliance at all times
Qualification
Required
Undergraduate degree in finance or a related field or an equivalent combination of training and experience
Two or more years of relevant equipment finance underwriting experience
Preferred
Strong working knowledge and understanding of traditional financial analysis
Strong understanding of bank regulatory topics with a focus on compliance to all relevant policies and procedures
Strong organizational, time management and prioritization skills to meet deadlines
Excellent verbal, written, and interpersonal communication skills with strong presentation skills
Team player able to work effectively in a team fostered, multi-tasking environment
Excellent time management skills and ability to prioritize
Ability to read and understand financial statements and tax returns
Proficient in Microsoft Office suite, e.g. Excel, PowerPoint, Word, Outlook, and Power BI
Experience working with Salesforce and Aspire systems
Experience underwriting Aviation or Project Finance transactions will be considered a plus
Benefits
Annual discretionary incentive award
Competitive portfolio of benefits
Company
SMBC Group
SMBC Group is a top-tier global financial group.
10001+ employees
H1B Sponsorship
SMBC Group has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (160)
2024 (87)
2023 (73)
2022 (44)
2021 (29)
2020 (26)
Funding
Current Stage
Late StageLeadership Team
Hirofumi Otsuka
Senior Managing Executive Officer & CEO of Americas Division
Juan Kreutz
Head of Structured Finance Solutions and Deputy Head of the Americas
Recent News
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