Credit Officer, Hedge Funds

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 MANUBANK, 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 $138,000.00 and $185,000.00. 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.

Role Description

SMBC is seeking Vice President in the Credit Department with knowledge of capital markets credit and ability to understand/analyze elements of credit risk in various Counterparty Credit Risk transactions related to Hedge Funds and Asset Manager Fund types.

The Vice President's main responsibility entails the review of credit applications in support of our Global Markets investor business submitted by the front office and to prepare/present executive summaries and recommendations to the management of the Credit Department.

Responsibilities

• Perform credit analyses on hedge fund and asset managers with emphasis on investment strategy, asset quality, leverage, liquidity, historical performance, portfolio exposures and risk control framework

• Scope of analysis and review includes, but not limited to, counterparty credit risk, deal structure, facility terms and conditions, transaction background, profitability, and relationship strategy.

• Prepare and present written executive summaries/comments of credit applications submitted from the front office to the management of the Credit Department

• Coordinate the credit approval process by liaising between the front office and the management of the Credit Department

• Conduct the monitoring of credit quality of the counterparties and transaction portfolio

• Provide feedback and guidance to front office to ensure consistent and complete credit applications and compliance with internal policies and procedures

• Other credit related works/projects as assigned

• Support negotiation of master agreements, identify policy exceptions and provide ongoing monitoring for termination events

Qualifications and Skills

• BA/BS required with concentration in finance or business

• 7-10 years of relevant credit work experience covering hedge funds and asset managers

• Excellent understanding of derivatives and SFT product risk

• Outstanding verbal & written communication skills, backed by strong analytics & attention to detail

• Ability to operate independently, manage multiple simultaneous priorities and perform well under pressure in a demanding environment

• Proficient in Excel, Word and PowerPoint

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. If you need a reasonable accommodation during the application process, please let us know at accommodations@smbcgroup.com.

EOE, including Disability/veterans