SFD - Credit Risk Management - Vice President

SMBC Group; Greater London; On-site; GBP 120,000 - 180,000; Full time

Benefits offered by this job

Hybrid working

Competitive leave

Private medical insurance

Life insurance

Mental wellbeing resources

Learning & development opportunities

Job summary

SMBC Group is seeking a Vice President to join the Exposure Management Group in EMEA. The role involves managing a portfolio of complex Project Finance loans, overseeing risk, credit grades, KYC, documentation and covenant compliance, with a strong emphasis on analytics and client liaison.

You will collaborate across credit, operations and external advisers, conduct financial modelling, monitor waivers/variations, and contribute to refinancing opportunities while upholding governance and

Qualifications

• Very strong analytical skills with ability to review complex information (construction, technical and operational reports, financial models).
• Experience in Project Finance or credit analysis with knowledge of KYC, documentation and covenants.

Responsibilities

• Support EMG team in credit analysis, waivers, variations, and credit surveillance.
• Prepare credit applications and data inputs for relevant systems and training junior staff.
• Liaise with internal departments and external market counterparts to facilitate marketing and execution.
• Perform financial modelling and analysis for transactions and counterparties.
• Ensure compliance with internal procedures and external regulations.

Skills

Analytical skills

Communication skills

Job description

London, LND, GB, EC2M 2AT

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

Is the next step in your career atSMBC Group EMEA? We’re looking for a Vice President for our Exposure Management Group to join our team.

The role of VP exists to manage a portfolio of Project Finance Loan transactions of a complex nature, dealing with waiver requests and variations, the monitoring of risk, application of associated credit grades and various other administrative tasks, such as KYC, documentation and covenant compliance.

The role requires very strong analytical skills and involves the review and analysis of information including, but not limited to, construction, technical and operational reports, customer financial statements, project finance financial models, due diligence and administration of the Loans in accordance with the terms of Financial / Legal documentation along with preparation of associated applications.

The role also requires good communication skills as there is significant interface 1) within the SMBC organisation (Credit, Syndications, Operations etc) 2) with the external market including liaison with advisers (Technical and Legal) 3) with Agency functions in other institutions and 4) with clients who have high service level expectations.

Business Area

Exposure Management Group (\"EMG\") is part of the Structured Finance Department and its principal function is the portfolio management of c500 Project and 200 indirect corporate counterparties with an exposure of c$30bn. This function has both internal control & support plus market facing aspects.

Position Description

Internal

• Support senior staff as part of the Exposure Management team in managing a portfolio of accounts, undertaking credit analysis work, processing waivers / variations and maintaining credit surveillance.
• Prepare credit applications and managing data input for GBR, EIC, PF Grading and other systems, and help to train and supervise more junior staff in that role.
• Liaise with all relevant departments within EMEA required for marketing and execution including CD,OAD, CPD, legal, other marketing departments (CBD1 &2, GTFD, SPD etc), OAD, Nikko CM (DCM and swaps), LCM, TD, Other branches including Brussels.
• As appropriate, financial modelling and analysis for transactions/counterparties and ad hoc projects.
• Understanding the Bank’s internal procedures and processes and applying them correctly and in compliance with all rules and regulations.

External

• Represent SMBC to the external market in bank, advisor & client meetings relating to the EMG portfolio
• As required, work with senior EMG staff to manage workouts & restructuring of any distressed loans in their portfolio.
• Gather market intelligence & proactively report to EMG management/Origination teams any potential refinancing or new transaction opportunities arising in their portfolio.
• Report any trends and developments in the portfolio (especially focussed on newer Digital and Energy Transition sectors) that may enhance SMBC’s future Origination and Risk Management activity in these sectors.

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