Job Title

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. SMFGu2019s 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 organizationu2019s extensive global network. The Groupu2019s 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 $145,000.00 and $185,000.00. 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 Description SMBC's Special Credit Group is looking for a VP to join the Corporate Product Team. Among other activities, the person will monitor and manage a portfolio of assigned distressed Leveraged Finance and large corporate credits; manage the credit cost, and work together with restructuring advisor assisting in the restructuring efforts. Incumbent is also responsible for reserves reporting and account related admin matters. Role Objectives: Delivery The roleu2019s responsibilities include but are not limited to the following: u00b7 Continuously monitor and manage existing transactions, such as analyze financial statements (including 13-week cash flow reporting) and develop financial models to: (i) measure and monitor operating and financial performance; (ii) adherence to financial covenants; (iii) determine ability to make debt service payments; (iv) analyze reason(s) for default/financial distress; (v) determine ability to turnaround operations to realize improved financial performance; and (vi) assess repayment ability and enterprise valuations; assign borrower rating, detailed action plans, exposure management strategies and account related admin duties u00b7 Review and process of waivers and amendments, leading the preparation of credit applications, managing the credit process with the Credit Department and back office, performing any due diligence activities, and negotiating documentation. u00b7 Keep abreast of business and market trends that may affect deal/portfolio performance. u00b7 Prepare periodic reports and information pertaining to the account for senior management. Pro-actively escalate credit risk, operational risk, and events to management if applicable. u00b7 On a quarterly basis analyze and report reserve/write-off calculations complying with both US GAAP and JGAAP, assign proper accrual / non-accrual status, and handle credit cost forecasts. u00b7 Prepare materials for regulator examinations, external and internal audits. u00b7 Ensure compliance of all internal and external matters in accordance with banking regulations, bank policy and best practices. u00b7 Provide mentorship and guidance to deal team members and give guidance and feedback. Help train junior members of team. u00b7 Undertake ad hoc tasks and projects as required and assigned. Qualifications and Skills Deep understanding of Leveraged Finance, Corporate Finance u00b7 Proven analytical and financial modeling skills and experience with review and negotiation of loan documentations. u00b7 Proven credit analysis skills and track record; ability to efficiently analyze information to quickly identify the key risk factors and to identify solutions. u00b7 Knowledge in regulatory framework in region and fully versed in internal policies and procedures. u00b7 Excellent communication and presentation skills both written and verbal; proven ability to present and negotiate externally with clients and key industry contacts and internally with senior management and other departments. u00b7 Ability to build and maintain a strong network of relationships across the Bank to support and facilitate communication and/or execution of review and transaction applications. u00b7 Demonstrates a high degree of attention to detail and an ability to complete work accurately and in a timely manner against strict deadlines. u00b7 Self-driven and motivated; takes personal ownership of specific assignments. u00b7 5+ yearsu2019 experience in leveraged finance or corporate finance credit underwriting or portfolio management at the leading financial institution. u00b7 Experience in negotiating term sheets and finance documentations. Education: u00b7 Required: BA / BS in Finance, Accounting, Business Administration, or a related filed u00b7 Preferred: MA / MS / MBA u00b7 Formal credit training preferred u00b7 Demonstrates leadership ability to lead an amendment or a restructuring, and can provide mentorship, guidance, training to junior colleagues on the team Additional Requirements SMBCu2019s 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 , including Disability/veterans