Analyst, Credit Administration

Sumitomo Mitsui Banking Corporation – SMBC Group; Toronto; Hybrid; CAD 70,000 - 90,000; Full time

Job summary

A major financial institution seeks a Credit Analyst to oversee report preparations and analyze the creditworthiness of customers. Ideal candidates will have strong organizational skills and experience in corporate banking, focusing on maintaining compliance with lending policies and ensuring high-quality credit applications. They will work in a dynamic environment, collaborating with various banking departments and managing multiple demands effectively.

Qualifications

• Minimum 5 years previous related corporate banking experience.
• Ability to work independently on projects.
• Strong accounting skills and cash flow analysis experience.

Responsibilities

• Prepare accurate credit applications for reviews and renewals.
• Conduct thorough investigations and assess risks.
• Compile financial models and perform industry analysis.

Skills

Communication

Analytical Thinking

Organizational Skills

Attention to Detail

Multi-tasking

Education

University degree in Business, Economics, or Commerce

Postgraduate MBA

Tools

Microsoft Office

Loan IQ

Bloomberg

Power BI

Job description

The position is responsible for report preparation, reviews and application schedule and other credit related control. This position also performs credit reviews and applications of customers. This includes the production of a credit application, credit review and credit grading. This position is responsible for the thorough and accurate analysis and assessment of the creditworthiness of the bank’s customers. Additionally, the hire, during the credit analysis process, reviews and ensures compliance with all covenants and terms and conditions of the credit and reviews all associated documentation and collateral.

Job Description

• To prepare timely and accurate credit applications for annual reviews, renewals of existing customers, and adhoc monitoring, including preparation of related financial models and stress testing of those models, analyses of customer’s financial information and industry conditions.
• To analyze borrowers’ / potential borrowers’ financial statement, industry trends, economic conditions, prepare long term project, assess risk, and compile credit application with high quality standard.
• To perform thorough investigations and exercise sound judgment in analyzing and assessing the risks associated with the Bank’s investments and to constantly adhere to the proper application of the Bank’s credit granting policies and procedures, banking regulations, and best practice.
• To prepare accurate daily, weekly and / or monthly reports on borrowers (facilities and exposure, etc.) to circulate to Department Head, Account Officers, and Management.
• To monitor, control and inform accounts officers credit related trigger events and financial release of customers in timely basis.
• To investigate, research and discuss borrower requirements and transactions with deal administers and account managers related to credit application.
• To respond to relevant Credit Department’s pre-approved requests by investigating and assessing validity with respect to change in condition in a bilateral loan, to protect Bank’s position and preserve the credit quality.
• To co-ordinate with accounts managers or customers on financial reports and other specific requirements.
• To prepare and provide special reports on borrowers and industry research upon request by the Department Head or account officers.
• To assist Department Head in completing special projects as requested.
• To ensure to be in full compliance with all the Bank’s policies and procedures, including Anti Money Laundering policies, and the requirements of the relevant regulatory bodies as communicated by SMBCC’s Compliance Department.

Role Objectives : Interpersonal

• Internal : Most Bank departments to exchange information, especially the Corporate Banking team.
• External : Customers to provide financial information or data.

Role Objectives : Expertise

Employ complex information and datasets, demonstrate ability to analyze, interpret and prepare commentary.

Qualifications and Skills

• Knowledge : University degree in Business, Economics, Commerce or equivalent. A post graduate MBA preferred.
• Experience : Minimum 5 years previous related corporate banking experience, working in a high pressure, deadline driven work environment. Able to work independently on projects with little oversight. Experience in preparing credit applications, performing cash flow analysis, ability to read and interpret financial statements, and strong accounting skills.
• Skills : Excellent interpersonal, strong organizational and communication skills. Demonstrate a high degree of attention to details and ability to multi-task & work in a fast-paced environment. Strong analytical and critical thinking skills, ability to synthesize large amounts of information, analyze risk and identify mitigating factors.
• Computer Applications : GBR (SMBC proprietary system), Loan IQ, Microsoft Office (including Word, Power BI, and Excel), DebtDomain, S&P Cap IQ, and Bloomberg.

Working Conditions :

• Stress of multiple demands Significant.
• Environment Open office / Hybrid Work Model.
• Others – Availability for weekday evenings and weekend on-call schedules required to support critical operations.

About SMBC

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.

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 [emailprotected] .

SMBC is an EO employer – M / F / Veteran / Disability.

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