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SMBC Group · 1 day ago

Credit Officer Associate

New York, NY

Full-time

Hybrid

Mid Level

$84K/yr - $131K/yr

3+ years exp

SMBC Group is a top-tier global financial group offering a diverse range of financial services. They are seeking a Credit Officer Associate to conduct credit risk analysis and manage credit applications for US subsidiaries of Japanese parent companies.

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H1B Sponsor Likely

Responsibilities

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 front office to improve quality of credit applications to expedite the approval process

The coverage includes lending transactions related Japanese Corporates and their related financial products (derivative, hedging etc.)

The scope of the analysis and the review includes, but not limited to, obligor credit risk, projections, transaction background, deal structure, facility terms and conditions, US regulatory classification, profitability, and relationship strategy

Conducts required analysis of various credit risk elements for new and existing transactions for corporate credits in coordination with front office and senior management based on the solid knowledges around financial analysis and US regulatory requirements

Prepare written executive summaries/comments of credit applications submitted from the front office and present to the management of the Credit Department

Controls deal and credit approval process, ensures appropriate communication with all relevant parties, with adherence to credit policies and approval authorities

Analyze client's financial performance, and continuously monitor risk events and quality of portfolio and promptly reports on key events (i.e. downgrades, event of default, etc.) to management

Participates in the periodic meetings to review specific borrowers and sectors to support front offices to set 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 prior to formal credit submission

Other credit related tasks/projects as assigned

Qualification

Credit risk analysisCorporate financeFinancial analysisMBA/CFASecuritizationLease financeAnalytical skillsJapanese fluencyWritten communicationVerbal communicationInterpersonal skillsOrganizational skills

Required

Minimum 3+ years of relevant work experience preferably within a credit risk function

Solid knowledge of market practices in corporate finance

Undergraduate degree in Finance, Business Administration or related fields

Experience to handle 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 application and prepare written summary 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)

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

Preferred

Formal credit training preferred

MBA/CFA or other professional qualification preferred

Business fluency in Japanese is preferred, but not a requirement

Benefits

Competitive portfolio of benefits

Annual discretionary incentive award

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)

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2020 (26)