Credit Risk & Portfolio Management, Vice President
Full Time
New York, NY 11205
$225,000 a year
Posted
Job description
Overview:
The anticipated salary range for this role is between $225,000 and $225,000. 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. Responsibilities:
Sumitomo Mitsui Banking Corporation is hiring a Vice President in the Lending Management Group. This role is responsible for credit underwriting and portfolio management, to cover various industries within the broader Corporate and Investment Banking Coverage organization. This position will work with Relationship Managers (RM's) as a liaison from the division's Lending Management Group to other departments to execute client opportunities for the Bank. This is an individual contributor role with an assigned portfolio of clients but will also work with junior staff on deal execution.
The anticipated salary range for this role is between $225,000 and $225,000. 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.
- Processes all transaction-related requests, such as amendments and waivers to existing credit documentation.
- Drive the preparation of credit applications and customer on-boarding in conjunction with the credit department, the risk management department, and compliance.
- Negotiation and review of credit and other transaction documentation, in conjunction with internal legal and other back office functions.
- Execute, oversees and manage ongoing credit monitoring per internal policy, portfolio reporting, portfolio management, and credit cost oversight.
- Stay abreast of industry / client trends and developments.
- While this is an individual contributor role, there is an opportunity to train and develop junior staff in credit analysis, internal procedure and policy, transaction execution, and workload.
- Leverage the expertise and capabilities of other SMBC businesses in alignment with the strategy of the Bank.
- Relationship building across SMBC to obtain a detailed understanding of the overall needs of our corporate clients to facilitate seamless execution.
- Drive an active portfolio management culture.
- 5-7 years of corporate banking experience with a strong focus on credit analysis
- Strong knowledge of the Real Estate, Gaming and Leisure industry preferred.
- Knowledge of loan structuring and debt capital structure across the corporate ratings grid.
- Expert level of experience in credit, proposing and negotiating loan documentation, and loan structuring.
- A deep understanding of the large corporate client base.
- Excellent communication skills and attention to detail; clearly articulates viewpoint orally and in written materials.
- Comfortable presenting in front of senior management.
- Understanding of market trends with flexibility to react quickly to changing market conditions.
- Effectively partner with other internal teams and product areas and viewed as being collegial and collaborative while driving transactions to completion.
- Knowledge of all elements of risk, including legal and compliance regulations pertaining to lending.
- Strong knowledge of the full suite of corporate banking products (FX, IRS, Trade, Cash Management, Supply Chain Finance, DCM, Leasing, etc).
- Solid understanding of loan documentation and deal closing.
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