Assistant Vice President - Securitisation Group, Specialised Product Dept Asia Pacific

SUMITOMO MITSUI BANKING CORPORATION Singapore Branch; Singapore; On-site; SGD 80,000 - 120,000; Full time

Job summary

A leading banking institution in Singapore is seeking a professional to support the Securitisation business in the APAC region. The role involves analyzing credit risk, coordinating with various departments, and ensuring compliance with regulatory requirements. Candidates should have at least 5 years’ experience in securitisation or related fields and a relevant degree. This position demands a proactive team player with attention to detail and a keen interest in structured finance.

Qualifications

• At least 5 years’ experience in securitisation, asset finance, or structured finance.
• Familiarity with ABS, RMBS, CMBS, CLOs, CLNs, and derivatives.
• Flexible and proactive team player with a can-do attitude.

Responsibilities

• Support and assist the Securitisation business in the APAC region.
• Coordinate with various departments to provide value-added services to clients.
• Analyze credit risk and ensure compliance with regulations.

Skills

Experience in securitisation

Financial analysis

Knowledge of regulations

Team collaboration

Attention to detail

Education

Bachelor’s / Master’s degree in finance, economics, business or accounting

Job description

Job Purpose

The primary responsibility of this role is to support and assist the Securitisation (SSG) business in APAC region, especially India, including Foreign Portfolio Investment scheme, structuring, analysis, execution of new transactions and projects to achieve SSG’s target/goal.

This position will require not only to support senior marketers/onshore colleagues, but also to discuss and convince internal/external stakeholders with necessary credit analysis and necessary knowledge such as law/regulation and/or market practice in India market.

Job Responsibilities

Business Functional Goals, Risk & Compliance Goals

Financial Performance & Business Goals (25%)

• To achieve its financial & non-financial performance target in accordance with the company’s risk management and compliance policies and standards.
• To promote securitisation and structured finance related business including marketing, origination and distribution.
• Manage closing and on-going process on respective transactions.
• Preparation of term sheets, offer letters and financing proposals
• Documentation due diligence reporting;
• Review loan documents and security documents and liaise with legal counsel;
• Review due diligence reports and other independent third party reports necessary for the distribution of loan products.
• To conduct research and generate report as per management’s requirement.
• Any other tasks assigned by your manager

Client Service Management (Internal/External) (25%)

• Coordinate with branch, other officers of SPDA, related departments of SMBC Head Office and other branches or SMBC group companies to provide value-added services to clients.
• Research in market, laws & regulations in related business area, and provide necessary information to relevant parties.
• Undertake other tasks assigned by the management, including new project, new product development and process improvement.
• To work together as “TEAM SMBC/SMFG, TEAM SYDNEY” to achieve the highest level of trust and service to our clients, colleagues and other stakeholders.
• Collect necessary data and information to support marketing and execution of transactions.

Risk Management (20%)

• To analyze credit risk in underlying asset and structure of the transactions and apply the credit monitoring and application.
• Monitor the portfolio and take necessary actions on potential deterioration on the credit.
• To ensure risk management frameworks, policies and procedures related to our business.

Compliance, Administration and Internal Processes(30%)

• To investigate and check regulatory requirement and do necessary reporting.
• To understand and maintain internal compliance requirements.
• To comply with regulatory, company and branch policies and procedures.

Job Requirements

• Bachelor’s / Master’s degree in finance, economics, business or accounting desirable.
• At least 5 years’ experience in securitisation, asset finance, structured finance, capital markets, derivatives or related areas.
• Familiarity or exposure to ABS, RMBS, CMBS, CLOs, CLNs, CDS, repacks, synthetic structures, derivatives desirable.
• Some in-house experience in securities firm, commercial bank, rating agency or consumer finance sector preferred.
• Keen interest in structured finance and transitioning into Front Office role in banking.
• Thoroughness and attention to detail; pragmatic and commercially minded.
• Flexible, pro-active team player with can-do attitude and hunger to learn.