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SMBC Group · 1 day ago

Loan Workout Special Credit Group - Director

New York, NY

Full-time

Hybrid

Senior Level, Lead/Staff

$195K/yr - $231K/yr

10+ years exp

SMBC Group is a top-tier global financial group offering a diverse range of financial services. The Director in the Special Credit Group will monitor and manage a portfolio of distressed credits, oversee credit costs, and collaborate with restructuring advisors, while also providing mentorship to junior team members.

AdviceBankingFinancial Services

H1B Sponsor Likely

Responsibilities

Continuously monitor and manage existing transactions, such as analyze financial statements (including 13-week cash flow reporting) and develop financial models to: (i) measure and monitor operating and financial performance; (ii) adherence to financial covenants; (iii) determine ability to make debt service payments; (iv) analyze reason(s) for default/financial distress; (v) determine ability to turnaround operations to realize improved financial performance; and (vi) assess repayment ability and enterprise valuations; assign borrower rating, detailed action plans, exposure management strategies and account related admin duties

Review and process of waivers and amendments, leading the preparation of credit applications, managing the credit process with the Credit Department and back office, performing any due diligence activities, and negotiating documentation

Keep abreast of business and market trends that may affect deal/portfolio performance

Prepare periodic reports and information pertaining to the account for senior management. Pro-actively escalate credit risk, operational risk, and events to management if applicable

On a quarterly basis analyze and report reserve/write-off calculations complying with both US GAAP and JGAAP, assign proper accrual / non-accrual status, and handle credit cost forecasts

Prepare materials for regulator examinations, external and internal audits

Ensure compliance of all internal and external matters in accordance with banking regulations, bank policy and best practices

Provide mentorship and guidance to deal team members and give guidance and feedback. Help train junior members of team

Undertake ad hoc tasks and projects as required and assigned

Qualification

Leveraged FinanceCorporate FinanceCredit AnalysisFinancial ModelingRegulatory Framework KnowledgeNegotiation SkillsCommunication SkillsAttention to DetailMentorship AbilitySelf-drivenTeam Leadership

Required

Deep understanding of Leveraged Finance, Corporate Finance

Proven analytical and financial modeling skills and experience with review and negotiation of loan documentations

Proven credit analysis skills and track record; ability to efficiently analyze information to quickly identify the key risk factors and to identify solutions

Knowledge in regulatory framework in region and fully versed in internal policies and procedures

Excellent communication and presentation skills both written and verbal; proven ability to present and negotiate externally with clients and key industry contacts and internally with senior management and other departments

Ability to build and maintain a strong network of relationships across the Bank to support and facilitate communication and/or execution of review and transaction applications

Demonstrates a high degree of attention to detail and an ability to complete work accurately and in a timely manner against strict deadlines

Self-driven and motivated; takes personal ownership of specific assignments

10+ years' experience in leveraged finance or corporate finance credit underwriting or portfolio management at the leading financial institution

Experience in negotiating term sheets and finance documentations

Required: BA / BS in Finance, Accounting, Business Administration, or a related filed

Preferred

MA / MS / MBA

Formal credit training preferred

Demonstrates leadership ability to lead an amendment or a restructuring, and can provide mentorship, guidance, training to junior colleagues on the team

Benefits

Competitive portfolio of benefits

Company

SMBC Group

Glassdoor3.5

SMBC Group is a top-tier global financial group.

Founded in 1590

New York, New York, USA

10001+ employees

https://www.smbcgroup.com/americas

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)