Credit Officer - Project Finance, Director

Sumitomo Mitsui Financial Group, Inc. • $178K — $231K *
New York, NY 10025In-Person
Finance & Insurance
5 - 7 years of experience
1 week ago
Job Overview by Ladders

Qualifications

  • 5-7 years of relevant experience in a credit department of a major project finance bank
  • Strong credit and quantitative skills; in-depth knowledge of project finance, corporate finance, and accounting
  • Excellent attention to detail; ability to visualize complex information
  • Ability to meet tight deadlines and manage multiple tasks effectively
  • Experience with U.S. Regulatory Classification guidelines and regulatory ratings is preferred

Responsibilities

  • Analyze credit risk elements in project finance transactions across North America and Latin America
  • Prepare executive summaries for the management of the Credit Department
  • Maintain credit quality and ensure comprehensive credit applications from business units
  • Provide risk mitigation feedback on deal structures to the front office
  • Review transaction grading models to ensure their accuracy
  • Monitor problem loans and prepare reports for management
  • Ensure compliance with internal policies and regulations

Benefits

  • Hybrid workforce model allowing work from home or office
  • Flexibility in work schedule depending on role requirements
  • Support for professional development initiatives and training
Full Job Description
Role Description

SMBC is seeking a Credit Officer with strong credit and quantitative skills to analyze the credit risk and various elements of project finance transactions in North America and Latin America. Coverage includes renewable and conventional power, natural resources and infrastructure.

As part of SMBC's 2LoD, the Credit Officer's main responsibility entails the review of credit applications submitted by the front office (1LoD) and to prepare executive summaries for the management of the Credit Department.

Responsibilities

  • Analyze various risk elements of project finance transactions in North America and Latin America, and present written executive summaries to the management of the Credit Department.
  • Oversee the maintenance of credit quality and provide feedback to business units to ensure consistent and complete credit applications. Also, provide guidance, as necessary, to business units to ensure compliance with internal standards.
  • Provide feedback to the front office on deal structures to mitigate identified risks.
  • Closely review transaction grading models to ensure accuracy and consistency.
  • Monitor and supervise problem loans including Warning/Special Mention Obligors and present written memorandum/reports to management.
  • Manage compliance with internal policies, work flow procedures, regulations, etc.
  • Other credit related works/projects as assigned.
  • Utilize deep understanding of US Regulatory Classification guidelines to review and approve proposed risk ratings.
  • In-depth knowledge of project finance, in addition to corporate finance and accounting, is required.
  • Critical thinking and ability to analyze a vast and complex amount of information and quickly render credit decisions.
  • Experience in facing the regulators at the SNC, TLR, etc exams and knowledge of regulatory ratings is a plus.
  • Risk sensitivity and ability to steer decisions through discussions with the business units.


Qualifications and Skills

  • Minimum of 5 -7 years relevant work experience preferably in the credit department of a major project finance bank.
  • Superior attention to details, ability to quickly individuate and focus on the key risks factors of highly structured transactions and visually present complex concepts with graphs, tables and flow charts.
  • Flexibility to work under tight deadlines and in a multitasking environment.

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

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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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