NAV / Margin Loans SPD - Vice President

SMBC Group; Greater London; Hybrid; GBP 116,000 - 174,000; Full time

Benefits offered by this job

Hybrid working

Competitive benefits package

Pension provision

Job summary

SMBC Group in London is seeking a Transaction-focused VP to lead the structuring, execution and risk management of EMEA Margin Loan facilities. You will work with Credit, Risk, Legal and global teams to support platform growth across multiple jurisdictions.

The role involves interaction with private markets funds, sponsors and sovereign wealth funds, with deals spanning bilateral, club and syndicated structures across London, US, Japan and APAC. Competitive compensation and benefits apply.

Qualifications

• Experience in Margin Loans or structured lending.
• Strong credit and transaction analysis skills.
• Experience preparing credit submissions and managing approvals.
• Ability to manage multiple stakeholders and workstreams.
• Strong commercial judgement, communication skills and market awareness.

Responsibilities

• Structure, model, negotiate and execute Margin Loan transactions.
• Perform credit, financial, legal and collateral analysis, including downside scenarios.
• Build financial models and assess transaction risks.
• Prepare credit papers, committee submissions and approval materials.
• Coordinate execution with Credit, Market Risk, Legal, Operations and LCMX.
• Support documentation negotiations with borrowers, lenders and external counsel.
• Monitor portfolio performance, covenant compliance and ongoing risks.

Skills

Margin Loans

Credit analysis

Financial modelling

Stakeholder management

Risk management

Job description

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SMBC: A trusted partner for the long term

Here at SMBC Group, we want to help you find the next step in your career so read on to discover if this opportunity is the one for you. We like to recognise potential in our people, so we welcome your application even when your experience doesn’t perfectly align with the job description. Whilst we’ll always strive to be better, we’re proud of our inclusive culture, and encourage our applicants and colleagues to be their authentic, unique selves.

Who we are

United by a sense of purpose towards our customers – to be a trusted partner for the long-term – and our universal banking platform in EMEA, SMBC Group has an international growth agenda and award-winning products, meaning we provide exciting opportunities to work on a diverse range of projects and initiatives. We deliver a full suite of corporate finance products and solutions to our customers as well as investment banking and advisory services, and a range of innovative solutions in global capital markets. Read on to find out how you could enhance your skills and gain valuable experience, by joining us to support our clients transition to a sustainable future.

Role Summary

Support the structuring, execution and ongoing risk management of Margin Loan facilities across EMEA. Conduct transaction analysis and coordinate risk workstreams with Credit, Market Risk and other control functions. Work with Operations, LCMX and Legal on new transactions, amendments, waivers and extensions, while supporting product development and approvals across EMEA jurisdictions.

Work with private markets funds, sponsors and sovereign wealth funds across EMEA. Transactions are often complex and multi-jurisdictional, including club and syndicated facilities, with regular interaction across London, the US, Japan and APAC.

Executive Summary

Transaction-focused VP role responsible for the structuring, execution and risk management of EMEA Margin Loan facilities, working across Credit, Risk, Legal and global business teams to support platform growth

The anticipated salary range for this role is£116,000 - £174,000, with the final offer determined based on the candidate’s skills, experience, role scope, location, and relevant market factors. In addition to base salary, the role may be eligible for a discretionary incentive award and a competitive benefits package, including core benefits such as pension provision

Business Area

The EMEA Margin Loans business sits within SMBC’s Structured Finance platform alongside NAV Finance, Leverage Finance, Subscription Finance and Real Estate Finance. It provides bespoke financing to private markets funds, sovereign wealth funds and other institutional investors.

Transactions are typically originated through SPD and ISD asset teams, including Sponsor Coverage, and involve structuring, modelling, negotiating and executing facilities within SMBC’s risk framework. The portfolio includes bilateral, club, syndicated and participation structures.

Position Description

Key Responsibilities

• Structure, model, negotiate and execute Margin Loan transactions.
• Perform credit, financial, legal and collateral analysis, including downside scenarios.
• Build financial models and assess transaction risks.
• Prepare credit papers, committee submissions and approval materials.
• Coordinate execution with Credit, Market Risk, Legal, Operations and LCMX.
• Support documentation negotiations with borrowers, lenders and external counsel.
• Monitor portfolio performance, covenant compliance and ongoing risks.

Candidate Profile

• Experience in Margin Loans, NAV Finance, Subscription Finance, Leveraged Finance or Structured Lending, with:
• Strong credit and transaction analysis skills.
• Experience preparing credit submissions and managing approvals.
• Ability to manage multiple stakeholders and workstreams.
• Strong commercial judgement, communication skills and market awareness.

• Customer Focus
• Driving Change
• Driving Results
• Judgement and Decision Making
• Strategic and Visionary
• Trust and Integrity

What we offer

For all the expertise and experience you bring to help us make a difference, it’s only sustainable if we support you to build your career and be your best self so we offer competitive company benefits, centred around promoting positive well-bring and work-life balance. We also believe in fostering a diverse and inclusive work environment, where all team members perspectives and contributions are valued. Initiatives in place which promote a diverse and inclusive culture and healthy work life balance include hybrid working, Sport & Social Clubs and Diversity and Inclusion networks.

As an employee of SMBC you have access to a host of both useful and exciting benefit offerings. See below some of the benefits on offer to you:

• Hybrid and flexible working
• Competitive paid leave days
• Benefits to support your physical wellbeing, including private medical insurance and life and invalidity insurance
• Various policies to support your mental wellbeing, including a robust behavioural health network with counselling and coaching services
• Access a wide range of learning and development opportunities and career progression opportunities

We recognise our role as a bank to support social change and welcome all applications, including those from groups often under-represented in financial services. We value the uniqueness of professional and personal, backgrounds and perspectives as they play a vital role in continuing the sustainable growth of our organisation. We’ll ensure reasonable adjustments to our recruitment process are offered due to a disability or long-term condition whenever requested.

We are committed to transparent and equitable pay practices. Compensation is determined using objective criteria, including skills, experience, and role responsibilities, and applied consistently throughout our recruitment processes. We do not request candidates' pay history and are committed to preventing unjustified pay disparities.

About SMBC

A trusted partner for the long term
United by a sense of purpose towards our customers - to be a trusted partner for the long-term - and our universal banking platform in EMEA, we deliver a full suite of corporate finance products and solutions to our customers, including corporate, structured and trade finance, leveraged finance, loan market and treasury products. We can also provide investment banking and advisory services and a range of innovative solutions in global capital markets.
Find out more about what we do and who we are at https://www.smbcgroup.com/emea/careers