Credit Officer / Corporates (Investment Grade and High Yield)

Sumitomo Mitsui Financial Group Inc.; New York (NY); On-site; USD 125,000 - 150,000; Full time

Job description

Credit Officer / Corporates (Investment Grade and High Yield)

Join to apply for the Credit Officer / Corporates (Investment Grade and High Yield) role at SMBC Group.

SMBC Group is a top-tier global financial institution headquartered in Tokyo with a history spanning 400 years. It offers a diverse range of financial services including banking, leasing, securities, credit cards, and consumer finance. The Group operates over 130 offices worldwide with more than 80,000 employees across nearly 40 countries. It is a part of Sumitomo Mitsui Financial Group, Inc. (SMFG), one of Japan's three largest banking groups, with shares traded on the Tokyo, Nagoya, and NYSE stock exchanges.

In the Americas, SMBC Group has a presence in the US, Canada, Mexico, Brazil, Chile, Colombia, and Peru. The Group provides a wide array of commercial and investment banking services to corporate, institutional, and municipal clients, leveraging its extensive global network.

The estimated salary range for this role is between $164,000 and $230,000, depending on qualifications and experience. The position may also be eligible for an annual discretionary incentive and benefits package.

Role Description

• Review and challenge credit applications submitted by the front office, and prepare/explain summaries and recommendations to Credit Department management.
• Focuses on lending transactions related to investment-grade and high-yield corporate clients, including derivatives, hedging, leveraged loans, and complex capital structures.
• Analyze obligor credit risk, transaction background, deal structure, terms, profitability, and regulatory classification.

Role Objectives

• Assess credit risk elements, especially for high-yield obligors, providing effective review and challenge.
• Prepare and present credit summaries to management.
• Assist front office with due diligence, structuring, and risk identification.
• Coordinate the credit approval process between front office and management.
• Monitor credit quality and provide feedback to ensure complete and compliant applications.
• Supervise problem assets and contribute to portfolio reviews.
• Ensure compliance with internal policies and US regulatory requirements.
• Stay informed on relevant regulations and industry best practices.
• Perform sector-specific analysis as needed.

Qualifications and Skills

• Minimum 10+ years of relevant experience, preferably in credit risk or related fields.
• Experience with high-yield/middle-market corporate finance preferred.
• Experience interacting with US regulators is advantageous.
• Strong analytical, organizational, and communication skills.
• Degree in Finance, Business, or related fields; MBA/CFA highly preferred.

SMBC offers a hybrid work model, allowing remote and in-office work, with specifics discussed during the interview. Reasonable accommodations are available for applicants with disabilities.