Credit Control Specialist - Analyst

SMBC; New York (NY); On-site; USD 70,000 - 90,000; Full time

Benefits offered by this job

Hybrid work model

Reasonable accommodations for applicants with disabilities

Job summary

A global financial institution is seeking a Credit Control specialist in New York, NY. This role requires expertise in credit underwriting and the ability to manage a large volume of applications with high attention to detail. The ideal candidate will be a fast learner with excellent problem-solving skills and team communication capabilities. This position offers a hybrid work model, allowing flexibility between work-from-home and office attendance. The right candidate will thrive in a fast-paced environment and contribute to improving credit application processes.

Qualifications

• Prior banking experience is preferred.
• Ability to handle a large volume of applications with high accuracy.
• Must be adaptable to the changing bank environment.

Responsibilities

• Review credit applications against legal documents.
• Collect verification data from various sources.
• Provide feedback to Coverage Teams on submissions.
• Reformat applications as needed to meet guidelines.
• Build rapport with Coverage Teams and Credit Officers.
• Identify bottlenecks for process improvements.

Skills

Credit underwriting knowledge

Problem-solving skills

Attention to detail

Ability to learn fast

Team communication

Job description

Role Description

Credit Control team is hiring a specialist. This role requires a well rounded adaptable candidate who is able to master product knowledge and bank underwriting guidelines in order to ensure completeness and accuracy credit applications. It is also partially operational and designed to create efficiency within the current day to day responsibilities of the team. The ideal candidate will have prior banking experience, have the ability to learn new skills and concepts fast, be self-motivated, demonstrate problem solving skills and can-do attitude. Ability to work as part of a team, lead juniors and effectively communicate with team members are crucial, as every task in Credit Control is intertwined. The candidate must be able to cover a large volume of work with high attention to detail.

Role Objectives

• Review borrowing bases and credit applications to ensure that contents are accurate against legal documents.
• Find data and evidence from various sources including but not limited to legal documents for verification and evidentiary support.
• Provide feedback to Coverage Teams on their submissions, confirm client based information, and organize data for GBR input team.
• Reformat application as necessary and rewrite/rephrase sections to meet most recent guidelines and request from Credit Officers.
• Build and foster rapport with Coverage Teams and Credit Officers, maximizing efficiency of process.
• Opine on bottlenecks and issues for process improvements

Qualifications and Skills

• Credit underwriting knowledge, preferably for subscription finance.
• Fast learner who demonstrates high degree of problem-solving skills
• Must be able to handle large volume of applications and data points with high degree of accuracy
• Impeccable attention to detail and sense of urgency to meet deadlines
• Must be able to communicate and develop rapport with team members and other stakeholders
• Willingness to adapt to the ever-changing bank environment

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 [e-mail].

EOE, including Disability/veterans