Credit Risk Analyst

2 weeks ago


New York, New York, United States Sumitomo Mitsui Banking Corporation Full time

Company Overview
Sumitomo Mitsui Banking Corporation (SMBC) is a premier global financial institution with a rich heritage spanning over 400 years. With its headquarters in Tokyo, SMBC operates more than 130 offices across nearly 40 countries, employing over 80,000 professionals worldwide. The organization provides a comprehensive suite of financial services, including banking, leasing, securities, credit cards, and consumer finance.

Role Overview
The Credit Officer position within SMBC is pivotal in delivering thorough credit risk assessments to support effective credit risk management. Responsibilities encompass credit underwriting, monitoring, portfolio management, and compliance with established risk management practices.

Key Responsibilities
1. **Strategic Credit Management**: Oversee all first-line credit risk management strategies, including origination, modification, and account management. Foster a robust credit culture that prioritizes both growth and asset quality in alignment with the organization's strategic objectives.
2. **Leadership and Development**: Lead by example, ensuring that both personal and team performance aligns with the high standards of SMBC's credit culture. Validate the accuracy of underwriting analyses and ensure compliance with established guidelines.
3. **Collaborative Partnerships**: Work closely with various departments, including Sales and Finance, to set appropriate reserves and ensure timely approvals of credit write-ups. Maintain effective communication channels to support business initiatives aligned with risk appetite.
4. **Risk Assessment and Management**: Conduct comprehensive reviews of client relationships and loan portfolios to ensure credit quality. Develop and implement risk controls, policies, and procedures that align with business objectives and risk appetite metrics.

Qualifications and Skills
- Bachelor's degree in a relevant field or equivalent experience.
- A minimum of five years of experience in commercial and leasing credit analysis and underwriting.
- Strong understanding of financial analysis and credit risk management principles.
- Excellent organizational and communication skills, with the ability to work effectively in a team-oriented environment.

Diversity and Inclusion Commitment
SMBC is dedicated to fostering a culture of diversity and inclusion, ensuring that all employees are treated equitably and have equal opportunities for development and advancement.



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