Operations Analyst

Sumitomo Mitsui Trust Bank Limited; New York (NY); Hybrid; USD 75,000 - 84,000; Full time

Job summary

An established industry player is seeking an Operations Analyst to join their dynamic team in New York City. This role offers a unique opportunity to engage in deal processing, internal controls, and regulatory compliance within a hybrid work environment. As part of a leading financial institution, you'll contribute to innovative financial solutions and work closely with credit analysts to ensure smooth operations. With a commitment to diversity and inclusion, this firm values creativity and collaboration, making it an exciting place to grow your career while making a positive impact in the finance sector.

Benefits

Paid Time Off

Medical Insurance

Vision Insurance

Dental Insurance

401(k)

Tuition Assistance

Profit Sharing

Employee Assistance Program

Commuter Benefits

Paid Volunteer Day

Qualifications

• 2+ years of experience in banking operations or bookkeeping preferred.
• Proficiency in business-related applications and good business math skills.

Responsibilities

• Responsible for deal processing and regulatory compliance.
• Coordinates with internal and third parties for bookings and funding.

Skills

Banking Operations

Bookkeeping

Analytical Skills

Interpersonal Skills

Organizational Ability

Education

Bachelor’s Degree in Finance

Bachelor’s Degree in Economics

Tools

LoanIQ

PC Business Applications

Job description

Join to apply for the Operations Analyst role at Sumitomo Mitsui Trust Bank Limited New York Branch

Join to apply for the Operations Analyst role at Sumitomo Mitsui Trust Bank Limited New York Branch

Sumitomo Mitsui Trust Bank Limited New York Branch provided pay range

This range is provided by Sumitomo Mitsui Trust Bank Limited New York Branch. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

$75,000.00/yr - $84,000.00/yr

This role is located in New York City and will require a hybrid work schedule of at least 2 days in office per week.

This role is for Assistant Officer level candidates.

About the Bank:

Sumitomo Mitsui Trust Bank, Limited was established through the merger of The Sumitomo Trust and Banking Co., Ltd with Chuo Mitsui Trust and Banking, Ltd. on April 1, 2012. We are one of the largest asset managers in Asia and number one among Japanese financial institutions by AUM, with approximately $850 Billion USD in AUM. The Bank provides an assortment of financial solutions and manages a broad spectrum of financial products across its global branches.

Department Overview:

The Americas Division (“AD”) was established in the Sumitomo Mitsui Trust Bank, Limited, New York Branch) (“SMTBNY”) to perform corporate functions and supervise U.S. entities. Established under the AD are the “Global Banking Unit (“GBU”), Americas Division” and “Global Market Unit (“GMU”), Americas Division” which performs business functions. The Fund Finance Department (“FFD”) is responsible for providing financing and other service-based solutions to customers that primarily consist of alternative investment funds, fund managers and/or corporate clients. These solutions include, but are not limited to, subscription finance, liquidity facilities, and FX solutions, collectively “Fund Finance”, in addition to Asset Backed Commercial Paper (ABCP) solutions.

Your Role Overview:

Responsible for deal processing, internal control and regulatory compliance

Your Duties and Responsibilities:

• Performs business review of credit documentation, regulatory compliance review and booking of new investments and for amendments or periodic review.
• Ensures compliance and operational requirements are satisfied before closing and for amendments.
• Coordinates with internal and third parties to effect bookings, amendments and funding.
• Supports Credit Analysts with Branch and Head Office monitoring and reporting requirements.
• Tracks credit documentation and other customer reporting requirements for timely receipt.
• Performs loan servicing, which may include calculation of fees or accrued interest, invoicing and coordination of payments.
• Performs agent function, including communicating with customers and other lenders for loan servicing and distribution of documents.
• Maintains related systems, reports, credit files and websites as well as assigns application numbers and records approvals.
• Performs other duties and responsibilities as assigned by management.

Your Qualifications:

• Bachelor’s Degree in Finance, Economics or related field.
• 2+ years of experience in either banking operations or bookkeeping preferred.
• Knowledge of LoanIQ is a plus.
• Good business math, analytical and interpersonal skills.
• Excellent organizational ability.
• Proficiency with PC in business-related applications.

Why you should join SuMi Trust:

SuMi Trust embraces flexible ways of working when the business and role permits. We provide employees with a hybrid working model, allowing for in-office work and work from home. Our diverse and inclusive environment along with our global presence enables us to collaborate and communicate to meet our business needs. We believe that efficient teams need truth, loyalty, and a strong sense of purpose to balance risk and their targets. We make sustainable business decisions to improve our society and the world. We believe that each person brings a unique value that drives the business though their creativity and passion.

• The Employee Benefits package includes: Paid Time Off, medical, HSA, vision, dental, FSA, 401(k), profit sharing, legal plan, cancer indemnity plan, disability insurance, life insurance, employee assistance program, commuter benefits, business travel accident, paid volunteer day, paid memberships, paid seminars, and tuition assistance.
• We offer many socialization opportunities for wellness, financial wellbeing, runs/walks, team building, happy hours, and activities to support the Sustainable Developmental Goals.

Check out our LinkedIn for our employee experience: https://www.linkedin.com/company/smtbny

We are an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, disability status, protected veteran status or any other characteristic protected by law. SuMi Trust provides reasonable accommodations for employees and applicants with disabilities consistent with applicable law. If you need a reasonable accommodation during the application

Seniority level

• Seniority level

  Entry level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Finance and Administrative

• Industries

  Banking

Referrals increase your chances of interviewing at Sumitomo Mitsui Trust Bank Limited New York Branch by 2x

Inferred from the description for this job

Medical insurance

Vision insurance

401(k)

Tuition assistance

Get notified when a new job is posted.

Sign in to set job alerts for “Operations Analyst” roles.

Business Operations | Analyst | New York

New York City Metropolitan Area $55,000.00-$65,000.00 2 weeks ago

New York City Metropolitan Area 4 days ago

Brooklyn, NY $35,000.00-$55,000.00 8 hours ago

New York, NY $70,000.00-$130,000.00 5 months ago

Business Analyst, Creator Partnerships, YouTube

New York, NY $66,000.00-$102,000.00 2 weeks ago

New York City Metropolitan Area 3 weeks ago

Strategic Operations Manager, Strategy & Response

New York, NY $142,000.00-$202,000.00 2 weeks ago

Manager / Senior Manager of Logistics & Operations

New York, NY $100,000.00-$120,000.00 2 weeks ago

Strategic Operations Manager, Operational Excellence

Strategic Planning and Operations Manager - Business Marketing

New York, NY $122,000.00-$176,000.00 2 weeks ago

New York, NY $105,000.00-$110,000.00 2 months ago

Jersey City, NJ $124,000.00-$130,000.00 1 week ago

GTM Strategy and Operations Analyst - Commercial

New York City Metropolitan Area 4 hours ago

New York, NY $99,000.00-$116,000.00 4 days ago

Logistics-Operations City Manager - East Region

We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.