Distribution Risk Specialist

SMBC Group is a top-tier global financial group headquartered in Tokyo with a 400-year history, offering a diverse range of financial services including banking, leasing, securities, credit cards, and consumer finance. The Group operates over 130 offices and employs 80,000 people across nearly 40 countries. In the Americas, SMBC Group provides commercial and investment banking services to corporate, institutional, and municipal clients, connecting them to local markets and its extensive global network.

About the role

The Distribution Risk Group (DRG) is seeking a risk management Vice President to assist with the risk management of loan and bond underwriting risk and CLO warehouse financing (referred to as distribution risk). The role involves supporting senior team members in analyzing proposed underwriting transactions, monitoring market trends, and interacting with capital markets groups to track syndication developments. The individual will also collaborate with the group head on preparing presentations for management committees.

Responsibilities

• Assist senior team members in evaluating distribution risk for loan and bond capital markets commitments and CLO warehouse financing by assessing issuer credit quality, deal structure, and risk mitigants within current market trends and investor demand.
• Monitor ongoing trends in new issue and secondary trading markets to identify changes that may impact the risk of SMBC’s existing underwriting pipeline, incorporating this market view into new deal assessments.
• Evaluate changes within the existing portfolio of CLO warehouse loans.
• Collaborate with loan and bond capital markets teams to understand syndication results and their implications for the risk profile of the underwriting pipeline.
• Support the group head in enhancing communication to senior management regarding the syndication pipeline and market conditions.
• Interact with various groups to discuss insights from distribution activity and inform potential techniques for loan exposure management.
• Mentor junior team members.

Requirements

• At least 5 years of experience in corporate banking, debt capital markets, or CLO structuring.
• Knowledge of loan and corporate bond markets, with a thorough understanding of the credit distribution business and market trends.
• Sound credit analysis skills.
• Strong written and verbal communication skills to convey risk assessments and decision rationale.
• Strong analytical skills (qualitative and quantitative), excellent problem-solving abilities, and the capacity to quickly understand new issues.
• Ability to work proactively across functions to gain a holistic view of subjects and maintain dialogue with various groups to assess risk shifts due to market changes or investor demand.
• Ability to deliver high-quality analysis and products within tight timelines.
• Strong presentation skills with the ability to articulate messages and design effective visualizations.

Qualifications

• BA/BS required; MA/MS/MBA/CFA preferred.

Pay

The anticipated salary range for this role is between $143,000 and $185,000. The specific salary offered will be based on individual qualifications, experience, and an analysis of current compensation in the candidate’s geography and market for similar roles. The role may also be eligible for an annual discretionary incentive award.

Benefits

SMBC offers a competitive portfolio of benefits to its employees.

Schedule

Employees participate in a hybrid workforce model, requiring them to live within a reasonable commuting distance of their office location. Hybrid work may not be permitted for certain roles, such as FINRA-registered positions, which require full-time in-office attendance.