Credit Review Officer

SMBC Group; Charlotte (NC); Hybrid; USD 180,000 - 260,000; Full time

Job summary

SMBC Group is seeking a Credit Review Officer in the Americas to join the CRVD team. The role involves independent review and ongoing monitoring of the credit portfolio quality across SMBC’s Americas division, examining underwriting and portfolio performance.

You will challenge internal ratings, ensure compliance with policies and regulatory requirements, and report findings to management and the Audit Committee. Prior Project Finance experience is strongly preferred.

Qualifications

• Bachelor’s and/or Masters’ degree with minimum of 10 years of work experience in credit risk management, underwriting, lending or review with experience in diverse sectors including corporates and industrials, commercial real estate, energy, financial institutions, leasing, structured finance, rail finance, or subscription financing.
• Prior Project Finance experience preferred.
• Knowledge in credit analysis, accounting, corporate finance and/or research.
• Experience with credit/loan risk review process preferred. Formal credit training a plus.
• Knowledge of bank regulations as it relates to lending and risk management
• Knowledge of lending products, as well as capital markets/traded products
• Understanding of credit/loan documentation

Responsibilities

• Execute and lead exams to independently challenge and assess the credit and financial strength of borrowers to determine if internal ratings and levels of credit exposure are acceptable
• Perform continuous monitoring of credit portfolios and document findings which will be communicated to management and the Audit Committee of the Board
• Prepare work papers, document exam results and conclusions
• Monitor adherence to documentation, limits and risk mitigants including review of covenants and perfection of collateral
• Ensure that exams are performed in accordance with policies and procedures
• Analyze findings and formulate conclusions and advice

Job description

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.

Role Description

SMBC Credit Review Department (CRVD) seeks a Credit Review Officer.

As a Credit Review member of CRVD, the individual will be part of a dynamic team responsible for the independent review and ongoing monitoring of the quality of the credit portfolio of the SMBC Americas Division. The individual will get a chance to review the underwriting and the portfolio quality of a diverse sample of SMBC’s portfolios.

As part of its mandate, CRVD challenges internal ratings while assessing adherence with documented processes, methodologies as well as regulatory requirements. The group reports to the Audit Committee of the Board and its function is independent of the relationship and credit managers. For this opening, p rior Project Finance experience is strongly preferred.

Role Objectives

• Execute and lead exams to independently challenge and assess the credit and financial strength of borrowers to determine if internal ratings and levels of credit exposure are acceptable
• Perform continuous monitoring of credit portfolios and document findings which will be communicated to management and the Audit Committee of the Board
• Prepare work papers, document exam results and conclusions
• Monitor adherence to documentation, limits and risk mitigants including review of covenants and perfection of collateral
• Ensure that exams are performed in accordance with policies and procedures
• Analyze findings and formulate conclusions and advice

Qualifications And Skills

• Bachelor’s and/or Masters’ degree with minimum of 10 years of work experience in credit risk management, underwriting, lending or review with experience in diverse sectors including corporates and industrials, commercial real estate, energy, financial institutions, leasing, structured finance, rail finance, or subscription financing.
• Prior Project Finance experience preferred
• Knowledge in credit analysis, accounting, corporate finance and/or research
• Experience with credit/loan risk review process preferred. Formal credit training a plus
• Knowledge of bank regulations as it relates to lending and risk management
• Knowledge of lending products, as well as capital markets/traded products
• Understanding of credit/loan documentation
• Strong organizational skills and the ability to manage multiple assignments concurrently
• Highly motivated with strong academic background
• Strong analytical and communication skills
• Ability to work independently within a team structure
• Flexibility with the ability to learn quickly

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].