What are the responsibilities and job description for the Credit Officer / LATAM Project Finance position at SMBC Group?
The anticipated salary range for this role is between $164,000.00 and $231,000.00. 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.
Job Summary
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 the Americas. Coverage includes renewable and conventional power, natural resources, infrastructure and PPP transactions in North and Latin America.
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.
Primary Responsibilities
- Provide review and challenge to 1LoD risk taking activities and apply advanced credit knowledge of project finance to ensure the safety and soundness of the firm’s assets.
- Utilizing a risk-based approach, review early read credit memos and provide feedback to deal teams on the parameters / structures most likely to be approved.
- Participate in due diligence, pipeline management, and special mention / watchlist calls when appropriate.
- Review and approve 1LoD Credit Application and periodic review memos that fall within a designated credit approval authority - including a review of supplemental material like financial statement spreads and risk rating models.
- Utilize deep understanding of US Regulatory Classification guidelines to review and approve proposed risk ratings.
- Monitor and supervise problem loans including Warning 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.
Critical Knowledge / Core Competencies
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 accommodations@smbcgroup.com.
Salary : $164,000 - $231,000
