Credit Planning, Associate

SMBC Group; New York, Northern (NY, KY); Hybrid; USD 78,000 - 125,000; Full time

Benefits offered by this job

Hybrid work model

Competitive benefits

Job summary

SMBC Group in New York seeks a business management professional supporting the Chief Credit Risk Officer and Co-Heads of CDAD. You will work on risk reporting, policy implementation, and cross-border coordination with Tokyo and Head Office to strengthen credit risk management across products.

The role emphasizes data analysis, preparing materials for committees and regulators, and driving process improvements while coordinating with senior stakeholders in the Americas.

Qualifications

• Finance knowledge and banking experience preferred.
• Strong data analysis and visualization skills.
• Excellent written and verbal communication.
• English and Japanese language proficiency preferred.
• Proficiency in Excel, PowerPoint, Word.
• Collaborative, team-oriented mindset.

Responsibilities

• Support risk management and governance reporting to senior management.
• Drive enhancements in credit risk processes and policies.
• Coordinate with Americas Division and Tokyo Head Office.
• Prepare materials for management committees and audits.
• Provide data analysis, visualizations, and presentations.

Skills

Finance knowledge

Analytical skills

Communication skills

English & Japanese

MS Office

Team collaboration

Tools

Microsoft Office Suite

Job description

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SMBC Group is a top-tier global financial group. Headquartered in Tokyo and with a 400-year history, SMBC Group offers a diverse range of financial services, including banking, leasing, securities, credit cards, and consumer finance. The Group has more than 130 offices and 80,000 employees worldwide in nearly 40 countries. Sumitomo Mitsui Financial Group, Inc. (SMFG) is the holding company of SMBC Group, which is one of the three largest banking groups in Japan. SMFG’s shares trade on the Tokyo, Nagoya, and New York (NYSE: SMFG) stock exchanges.

In the Americas, SMBC Group has a presence in the US, Canada, Mexico, Brazil, Chile, Colombia, and Peru. Backed by the capital strength of SMBC Group and the value of its relationships in Asia, the Group offers a range of commercial and investment banking services to its corporate, institutional, and municipal clients. It connects a diverse client base to local markets and the organization’s extensive global network. The Group’s operating companies in the Americas include Sumitomo Mitsui Banking Corp. (SMBC), SMBC Nikko Securities America, Inc., SMBC Capital Markets, Inc., SMBC MANUBANK, JRI America, Inc., SMBC Leasing and Finance, Inc., Banco Sumitomo Mitsui Brasileiro S.A., and Sumitomo Mitsui Finance and Leasing Co., Ltd.

The anticipated salary range for this role is between $78,000.00and $125,000.00. The specific salary offered to an applicant will be based on their individual qualifications, experiences, and an analysis of the current compensation paid in their geography and the market for similar roles at the time of hire. The role may also be eligible for an annual discretionary incentive award. In addition to cash compensation, SMBC offers a competitive portfolio of benefits to its employees.

Role Overview

This position supports the Chief Credit Risk Officer as well as Co-Head(s) of CDAD as a business management and coordination function, r eporting to the team head in Credit Planning, CDAD. The team is responsible for developing, recommending, communicating and implementing credit risk management policies, strategies and operational guidelines for the organization and its various financial products. The role is responsible for reporting credit risk related reports/ document s, to senior management, head office, and regulators .

Role Description

Strategic Initiatives

• Drive enhancements in credit risk management processes, including updates to credit-related policies, manuals and systems.
• Support cross-functional projects by providing data analysis, visualizations, and presentation materials.
• Coordinate with stakeholders in Americas Division and Head Office (Tokyo) to facilitate enhancement and transformation of risk management framework.
• Provide insights into risk profiles of the portfolio, including reserves, write-offs and other risk metrics for problematic assets and higher risk sub-portfolios.
• Identify emerging risks to the portfolio through analysis on economic, financial, and regulatory environments.
• Prepare materials and orchestrate communications for management committees, regulatory affairs, and internal / external audits.
• Maintain communication with Credit Officers and Front Office leaders to ensure alignment with credit risk policies and guidelines.

Training & Team Support

• Lead training and orientation for new team members, sharing institutional knowledge and best practices.
• Undertake additional tasks and projects as assigned, contributing to departmental goals and risk leadership initiatives.

Qualifications and Skills

• Solid foundation in finance is essential; prior experience in the financial services industry is preferred.
• Strong analytical abilities to handle and visualize data; intellectual motivation to identify key structure through research and analytic work
• Excellent interpersonal, written, and verbal communication skills
• Business fluency in English and Japanese is preferred.
• Strong proficiency in Microsoft Office applications, including Excel, PowerPoint, and Word.
• Collaborative and team-oriented mindset

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].