Credit Portfolio Management, Executive Director

Role Description

The Executive Director position is a leadership role responsible for the internal execution of underwriting and portfolio management practices by team members in the Corporate Portfolio Management in accordance with industry and regulatory best practices. The Executive Director will have oversight for several industry vertical teams covering portfolio accounts for LBO Borrowers as well as Non-Investment Grade and Investment Grade Corporates with potential expansion in coverage to include Canada and Latin American obligors at a future date.

Key Responsibilities

• Manage portfolio-level underwriting transactions and deal closings, amendment negotiations and ongoing credit monitoring, assessment of risk ratings and management of exposure levels.
• Oversee the preparation of credit applications and customer on-boarding, in conjunction with the credit department, the risk management department and compliance.
• Direct management of several teams of banking professionals in designated industry verticals.
• Ensure the appropriate processing of transaction-related requests, such as amendments and waivers to existing credit documentation.
• Drive performance improvement by leading best practices in credit underwriting to ensure the highest quality of analysis within CPM.
• Develop, implement and own CPM policies and procedures and provide effective training to ensure the proper governance within the group.
• Oversight and management of ongoing credit monitoring per internal policy.
• Ongoing portfolio reporting, portfolio management, and credit cost oversight.
• Oversees relevant aspects of the control environment including issues management, audits/reviews, Annual Risk Assessment, testing of controls and customer remediation.
• Ensures compliance in a complex regulatory environment through effective operational controls and incorporating updates to regulatory controls into day-to-day operational processes.
• Lead preparation and advocacy on behalf of PMG for Credit Review and Internal Audit exams as well as all Fed exams.
• Develop a strong working relationship with the Credit Department.

Qualifications and Skills

• Expert level of understanding of US lending regulations and regulatory classification.
• Excellent knowledge of corporate finance/fixed income markets.
• Solid proficiency in understanding legal documentation, ability to construct and negotiate term sheets and amendments.
• Ability to garner support and secure buy in across a wide range of stakeholders; ability to create a strong network of relationships among peers, internal partners, external constituencies and decision makers to deliver end products.
• Skilled in organizational development, personnel management, budget and resource development, and strategic planning.
• Expert level understanding of corporate credit risk to ensure compliance in a complex regulatory environment through effective operational controls and incorporating updates to regulatory controls into day-to-day operational processes.
• Deep understanding of policies, procedures, compliance and approval process at the Bank, necessary to aid execution.
• Influential network and knowledge of policies and procedures in order to ensure successful implementation of business strategy and goals.
• Deep institutional knowledge required for influential network and knowledge of policies and procedures in order to ensure successful implementation of business strategy and goals.
• Expert level understanding of corporate credit risk to ensure compliance in a complex regulatory environment through effective operational controls and incorporating updates to regulatory controls into day-to-day operational processes.
• Strong working knowledge of Enterprise Valuation methods.
• Solid understanding of product risk (F/X, IRS, Trade Finance, Lease Finance, Securitization).

Experience

• 15 + years of comparable or relevant experience.
• Credit analyst experience is required.
• US Regulatory Classification experience is essential.

Education

• Bachelor's degree - Academic distinction and coursework in economics, financial accounting, and corporate finance preferred.
• MBA a plus.

Licenses

• Series 79 and 63 may be required.

Other

• Strong Microsoft Office skills and experience (Excel, PowerPoint and Word).

Benefits

SMBC’s employees participate in 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. Prospective candidates will learn more about their specific hybrid work schedule during their interview process. Hybrid work may not be permitted for certain roles, including, for example, certain FINRA-registered roles for which in-office attendance for the entire workweek is required. SMBC provides reasonable accommodations during candidacy for applicants with disabilities consistent with applicable federal, state, and local law.