Credit Officer / Financial Institutions

Role Description

SMBC is seeking a Vice President in the Credit Department with solid foundation in accounting and finance and strong ability to analyze elements of credit risk in various transactions with financial institutions in the Americas.

Responsibilities

• Analyze various elements of credit risk primarily in transactions with financial institutions (Banks, Broker/Dealers, Insurance, 1940 Act Funds, BDCs, Private Funds, Asset Managers, Structured transactions, etc.) in the Americas
• Scope of analysis and review includes, but not limited to, counterparty credit risk, deal structure, facility terms and conditions, transaction background, profitability, and relationship strategy
• Prepare and present written executive summaries/comments of credit applications submitted from the front office to the management of the Credit Department
• Cook up the credit approval process by liaising between the front office and the management of the Credit Department
• Monitor the credit quality of the counterparties and transaction portfolio
• Provide feedback and guidance to front office to ensure consistent and complete credit applications and compliance with internal policies and procedures
• Ensure US Regulatory requirements are met with each credit application
• Other credit related works/projects as assigned

Qualifications And Skills

• 5-7 years of relevant work experience in the financial services industry within the credit function as a credit analyst, including at least 3-5 year of experience in covering the FI sector
• Solid foundation in finance and accounting, as well as knowledge in the FI sector and various financial products, are required
• Ability to adapt to SMBC’s credit philosophy and risk appetite
• Excellent written and verbal communication skills
• Ability to read/analyze the contents of credit application and prepare written summary in a short span of time
• Flexibility to work under tight deadlines and in a multitasking environment
• Ability and willingness to work as a team player

Pay

The anticipated salary range for this role is between $138,000.00 and $185,000.00. The specific salary offered to an applicant will be based on their individual qualifications, experiences, and an analysis of the current compensation paid in their geography and the market for similar roles at the time of hire.

Schedule

SMBC provides 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.