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SMBC Group is a top-tier global financial group. Headquartered in Tokyo and with a 400-year history, SMBC Group offers a diverse range of financial services, including banking, leasing, securities, credit cards, and consumer finance. The Group has more than 130 offices and 80,000 employees worldwide in nearly 40 countries. Sumitomo Mitsui Financial Group, Inc. (SMFG) is the holding company of SMBC Group, which is one of the three largest banking groups in Japan. SMFG's shares trade on the Tokyo, Nagoya, and New York (NYSE: SMFG) stock exchanges.
In the Americas, SMBC Group has a presence in the US, Canada, Mexico, Brazil, Chile, Colombia, and Peru. Backed by the capital strength of SMBC Group and the value of its relationships in Asia, the Group offers a range of commercial and investment banking services to its corporate, institutional, and municipal clients. It connects a diverse client base to local markets and the organization's extensive global network. The Group's operating companies in the Americas include Sumitomo Mitsui Banking Corp. (SMBC), SMBC Nikko Securities America, Inc., SMBC Capital Markets, Inc., SMBC Rail Services LLC, Manufacturers Bank, JRI America, Inc., SMBC Leasing and Finance, Inc., Banco Sumitomo Mitsui Brasileiro S.A., and Sumitomo Mitsui Finance and Leasing Co., Ltd.
The anticipated salary range for this role is between $125,000 and $176,000. 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. The role may also be eligible for an annual discretionary incentive award. In addition to cash compensation, SMBC offers a competitive portfolio of benefits to its employees.
The Leasing and Finance Division is hiring a Credit Portfolio Risk, Vice President to work out of the NYC office. This role is directly responsible for oversight of credit and portfolio-related activities, including credit applications, credit administration and covenant compliance, compliance and know your customer activities.
- Provide guidance and direction to LF colleagues to assure policies, procedures and processes are being met.
- Discussion of day-to-day transactional issues as well as oversight and guidance in the preparation of all credit applications for both new transactions and monitoring of existing customers in conjunction with policies and procedures. From time-to-time may need to provide hands on application preparation.
- Continuous monitoring of obligors for covenant compliance, adverse developments (market or customer) which may impact customers' credit profile. Provide appropriate alerts within LF as required to keep all information of emerging events. From time-to-time may need to provide hands on application preparation.
- Preparation of KYC Periodic reviews.
- Initiate and participate, where appropriate, in Leasing & Finance monthly Business Meetingsto discuss upcoming transactions, significant events which may impact the business and keep all colleagues up-to-date on various SMBC compliance and/or regulatory issues.
- Liaise with various SMBC-related departments to assure linkage between LF processes and protocols and those required by SMBC for use by various regulators.
- Spearhead various audit and regulatory requests for information and/or reports. Final oversight that all information provided in responseto these requests is accurate and complete as related to the request.
- 10+ years of comparable or relevant experience.
- Ability to quickly understand various complex transaction structures in order to provide guidance and direction as required to properly address inherent risks so that the risks are mitigated and the transaction can proceed within the risk parameters of Leasing & Finance.
- Strong documentation knowledge along with negotiation skills to recognize potential impacts and risks which may affect the management of the transaction.
- Strong presentation skills with the ability to clearly articulate concepts and critical points and understand and assimilate another's perspective.
- Communicate effectively with all levels of an organization, whether internal or external.
- Ability to develop independent, well thought out conclusions and recommendations to present to various groups such that LF continues to maintain its ability to successfully operate while others obtain information to satisfy theirrequirements.
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.
We are an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, disability status, protected veteran status or any other characteristic protected by law. SMBC provides reasonable accommodations for employees and applicants with disabilities consistent with applicable law. If you need a reasonable accommodation during the application process, please let us know at accommodations@smbcgroup.com.