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 Rail Services LLC, Manufacturers Bank, 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 $85,000.
00 and $131,000.
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 Objectives: Delivery
Reporting to the Group Head, the Planning Specialist is responsible for developing, recommending, communicating and implementing risk management policies, strategies and operational guidelines for the organization and its various financial products.
This position develops and reviews policies and procedures to ensure their appropriateness and adequacy against industry best practices and regulatory requirements.
Incumbents may be responsible for routinely reporting credit related documentation not only within the department to senior management but also the related department and regulators.
Role Description
Track and ensure compliance with policies and procedures with regard to problematic assets including self-assessment, write-off and reserve issues.
Routinely report credit related documentation within the department to senior management.
Produce credit portfolio summary reports.
Enhance the credit application processes including updating credit related manuals.
Prepare materials for regulator examinations and external and internal audits.
Engages in restructuring and/or workout process to protect the Bank's assets and maximize recovery.
Closely monitors relevant market indices as well as industry developments.
Responsible for training more junior analysts.
Manages research and analysis of client's financial performance, continuous monitoring of events and strength of credit portfolio.
Maintains communication with senior managers in Front Office to ensure credit standards/policies are fully understood.
Undertake other related tasks and projects as required and assigned.
Qualifications and Skills
Finance or accounting knowledge is required.
Work experience in financial services industry is preferable.
Bachelor’s degree or equivalent is required.
Business fluency in English is required.
Japanese language skill is preferable.
PC skills including Microsoft Power Point, Word and Excel skills are required.
Microsoft Access skill is preferable.
Excellent interpersonal, communication (written and verbal) and analytical skills.
Ability to work effectively with others and team oriented.
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.
We are an equal employment opportunity employer.
All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, disability status, protected veteran status or any other characteristic protected by law.
SMBC provides reasonable accommodations for employees and applicants with disabilities consistent with applicable law.
If you need a reasonable accommodation during the application process, please let us know at accommodations@smbcgroup.
com.