Credit Associate (Bilingual Japanese/English Required)

Sumitomo Mitsui Financial Group, Inc. • $78K — $125K *
New York, NY 10025In-Person
Finance & Insurance
5 - 7 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Formal credit training preferred.
  • Minimum 5 years of experience in corporate banking or a financial institution.
  • Highly proficient in MS Excel, Word, and PowerPoint.
  • Bachelor's degree in Finance, Business, or Accounting preferred.
  • Japanese language skills are required.

Responsibilities

  • Conduct analysis and research on borrower performance and future projections.
  • Gather documentation to structure deals and liaise with KYC processes.
  • Conduct quarterly and annual loan portfolio reviews and address procedural issues.
  • Assist with amendments, new originations, loan closings, and funding activities.
  • Undertake sector-specific research and stay updated on market conditions.
  • Provide ad hoc management reports.

Benefits

  • Hybrid workforce model allowing for remote and office work.
  • Competitive portfolio of benefits offered to employees.
Full Job Description
The anticipated salary range for this role is between $78,000.00 and $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 Description

The main function of this position is to analyze credit of US subsidiaries of Japanese and/or Asian companies to prepare credit applications. Report to a team leader and collaborate with relationship managers. Also, the function requires communicating credit departments in the US and Japan.

Role Objectives

  • Conduct analysis and research on the performance of borrowers and parents to assess historical performance and future projections; ie. cash flow analysis, risk capital calculations.
  • Gather support documentation to structure deals, liaise with middle and back office for KYC purposes, and assist in drafting pre screen memos for the Credit Department.
  • Conduct quarterly and annual reviews of loan portfolio and handle a variety of system and procedural issues related to the borrowers such as internal grading, monthly/quarterly reporting, and other ad hoc projects.
  • Assist with amendments, new originations, loan closings and funding, and other credit events that may impact the borrower.
  • Undertake research and analytics related to specific sectors, regions or loans, and stay abreast of current market conditions.
  • Provide ad hoc reports for management.


Qualifications and Skills

  • Formal credit training preferred.
  • Minimum 5 years of experience working at a corporate bank or other financial institution.
  • Highly proficient MS Excel, Word and PowerPoint skills are required.
  • Bachelor's degree in Finance, Business or Accounting preferred or equivalent education and training.
  • Japanese language skill is required.

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.

About Sumitomo Mitsui Financial Group, Inc.

Sumitomo Mitsui Financial Group, Inc. Careers

There has never been a more opportune time to join the dynamic team at Sumitomo Mitsui Financial Group, Inc. (SMFG)—a leading force in the financial services industry recognized for its leadership in innovation and diversity.

Explore Job Opportunities

Sumitomo Mitsui Financial Group, Inc. offers a plethora of job opportunities that cater to a variety of skills and interests. The company is renowned for its commitment to professional growth and leadership development, making it an ideal environment for ambitious individuals looking to advance their careers.

Experience Professional Growth

At SMFG, career advancement is not just a possibility but a priority. The company supports its team members with extensive training programs, including leadership development and diversity training, ensuring that every employee has the tools and knowledge necessary to succeed.

Join a Diverse and Inclusive Team

Diversity and inclusion are at the core of the company culture at Sumitomo Mitsui Financial Group, Inc. With a global team that values unique perspectives and fosters a collaborative and inclusive environment, SMFG is a place where everyone can thrive.

Internship Programs

For those starting their career journey, SMFG offers internship programs that provide a robust foundation in the financial sector. Interns gain invaluable experience, working alongside seasoned professionals and engaging in projects that offer real-world applications of their studies.

Benefits and Culture

Sumitomo Mitsui Financial Group, Inc. is dedicated to not only attracting but also retaining top talent by offering competitive benefits that enhance both personal and professional life. The company culture promotes work-life balance, employee well-being, and continuous learning.

Innovative Work Environment

Innovation is a key driver of SMFG’s success. Employees are encouraged to bring forward-thinking ideas to the table and are provided with the resources to transform these ideas into actionable solutions that drive the financial industry forward.

Networking and Career Development

Networking opportunities within SMFG are abundant. Employees are encouraged to connect with colleagues and industry leaders through various platforms and events, enhancing their professional network and opening doors to myriad career opportunities.

Apply for a Position

Sumitomo Mitsui Financial Group, Inc. is actively hiring and looking for talented individuals who are passionate, curious, and driven. Explore open positions that match your skills and interests on the SMFG careers page.

Stay Connected with SMFG Careers

Keep up to date with the latest career tips, industry insights, and company news from Sumitomo Mitsui Financial Group, Inc. Subscribe to receive updates and stay informed about new job openings and employment trends.

Prepare for Your Interview

Aspiring to join SMFG? Prepare your resume to reflect your best self and gear up for the interview process where you can showcase your skills and passion for finance and innovation.

Career Opportunities Await

At Sumitomo Mitsui Financial Group, Inc., the potential for professional development and personal growth is limitless. Discover the exciting and rewarding career opportunities that await at SMFG, where every position contributes to the company’s global success and leadership in the financial industry.
Learn more about Sumitomo Mitsui Financial Group, Inc.
Industry
Finance & Insurance
* Ladders Estimates

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