Credit Officer, Associate - Transportation & Aviation

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. SMFG’s 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 organization’s extensive global network. The Group’s 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 $73,000.00 and $130,000.00. 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 Associate will be responsible for managing entire credit (and collateral) analysis process primarily in aviation (airlines and lessors), and other transportation sectors such as container boxes, maritime, rail etc including but not limited to preparing credit applications, conducting monitoring and reviewing new and existing customers' credit and lending portfolio.

Role Objectives

Independently manage the preparation of credit applications, borrower rating applications, annual / quarterly / ad hoc client reviews in coordination with the credit

Liaise with Special Credit Group (dedicated to workout cases) within the bank as relevant

Communicate with customers, other SMBC Group companies such as SMBC AC, SMFL, Nikko as relevant

Produce various reports and analysis for the purpose of credit / collateral risk management as well as overall portfolio analysis

Ensure solid understanding of compliance with Regulatory Classification

Manage and provide any necessary information for internal and external audit processes and ensure compliance with relevant banking regulations and compliance with internal policies and procedures.

Attend bank meetings and relevant industry conferences for networking purposes and to keep abreast of industry trends and economic environment.

Qualifications and Skills

Strong level of experience in credit and legal framework including secured finance documentation

Expert knowledge of aircraft assets (aircraft, engines, spare parts etc) and non-aviation asset classes such as container boxes as well as a genuine interest in the business. Demonstrated ability to properly assess their values.

Excellent communication skills and attention to detail; clearly articulates viewpoint orally and in marketing and presentation materials. Comfortable presenting in front of clients and internally to credit committees and senior management.

Knowledge of all elements of credit and risk principles and legal and compliance regulations pertaining to lending.

Understanding of market trends with flexibility to react quickly to changing market conditions. Similarly, keep well abreast of regulatory classification and requirements.

Experience in secured finance documentation and legal understanding, ideally including restructuring

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 : $73,000 - $130,000