Senior Credit Officer - Reconciliation and Analysis

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 $109,000.
00 and $176,000.
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 Measure gross and net exposures across differing types of instruments and counterparties.
Model expected counterparty credit loss on the current, expected and future exposures.
Establish threshold for counterparty risk across a number of elements, including client, industry, location, etc.
, depending on risk appetite.
Monitor threshold and suggest remedial actions.
Establish procedures for accepting counterparties and establishing transaction terms, limits and net exposure.
Role Objectives Measure gross and net exposures across differing types of instruments (swaps, options and other derivatives) and counterparties.
Model expected counterparty credit loss on the current, expected and future exposures.
Take into account standard elements of risk (market, liquidity and credit) including concentrations, company / industry / sovereign default probabilities, yield, convexity, duration, FX, etc.
Establish threshold for counterparty risk across a number of elements including client, industry, location, etc.
, depending on risk appetite for potential replacement costs.
Monitor threshold and suggest remedial actions.
Update model for changes in transaction levels, market conditions and risk appetite.
Suggest remedial actions including hedging positions.
Calculate counterparty exposures and potential losses for regulatory reporting including capital adequacy.
Establish procedures for accepting a counterparty and establishing transaction terms, limits and net exposure.
Ensure individual counterparty transactions and net positions conform to exposure limits, collateral requirement and transaction terms.
Qualifications and Skills Solid knowledge of market practices in Corporate Finance, especially for 1) US subsidiaries of Japanese parent companies or 2) Airline Sector.
+3 years of experience in the relevant field.
Capability to take a standard corporate transaction from inception to approval, with some guidance and supervision where appropriate.
Good working knowledge of credit and risk principles including corporate finance, securitization, ABL, supply chain finance, ARP, lease finance, and accounting.
Willingness to learn the Bank's structure, policies and procedures and new culture / mindset.
Business fluency in Japanese is preferred.
Additional Requirements D&I Commitment Responsible for fostering a culture of diversity and inclusion, holding leaders accountable for creating an inclusive environment through awareness and practice of equity in recruiting, developing, and promoting diverse talent.
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.