Loan and Lease Credit Risk Underwriter - Vice President

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.

Role Description

This role within SMFL will provide appropriate credit risk analysis to portfolio related management in support of sound credit risk management such as Credit Underwriting, Credit Monitoring, Portfolio management, delinquency management, QDM and G grade model enhancement/monitoring development, establishing triggers for easing and tightening credit underwriting standards, CRVD and Audit compliance on sound Credit Risk Management practices and any other duties that management assigned in addition to what is assigned.

 

Strategy - Accountable for all first line credit risk management strategies including origination, modification, acquisition, account management (credit line underwriting, credit monitoring, credit approval authorization, and exception management), on top of collections segmentation in coordination with AMD, and manage portfolio efforts across all lending products (equipment finance and leases, Factoring and Floor Planning). Establish and maintain a strong credit culture that balances growth and asset quality in support of the SMFL’s strategic plan. Identify portfolio trends and other economic factors and recommend appropriate proactive measures for effective first line strategies and an ongoing early warning system.

 

Leadership - Demonstrate leadership and credit skills by holding self and any direct reports responsible for developing talent and bench strength, while maintaining the SMFL credit culture.  Would be responsible to check accuracy of work of the underwriting analyst and compliance to UW guidelines and standards and RACS, meet all internal reporting requirements, and ensure appropriate full scope of information is available for decision-making at all levels. Develop and maintain exceptional knowledge of financial industry, economy, market conditions, borrowers, and portfolios.

 

Collaboration - Partner with AMD and Finance to set appropriate Bad Debt reserve provision and allowance. Closely collaborate with Sales, SMBC Client Partnerships, Accounting and IT to ensure that credit writeup are approved in timely manner and internal ratings, JP classification and US Regulatory classifications are updated when credit event happens and at the Self-Assessment and systems are reconciled for accurate grading. Also, to ensure that credit risk can support key initiatives across the business in line with our risk appetite at accretive returns.

 

Risk Management - Review existing and new client relationships for credit quality as well as overall credit quality of loans and portfolios. Develop, direct, and implement systems, scores, models, risk controls, and policies and procedures in support of business objectives in line with risk appetite and return metrics. The policies and procedures to ensure accretive returns and that results remain within the SMFL’s risk appetite metrics. Work closely with the SMBC Bank in participation and direct Japanese deals and comply with second line Credit Risk Management RMDAD oversight and examinations from 3rd Line of defense - IAD and CRVD and maintain strong relationships, support examinations and adhere to CUSO Credit Risk Management Framework and Governance Control and other AD policies.  

Role Objectives

•    Coordinate and manage with Sales to ensure the pipeline flow for credit deals are assigned to underwriters and track the progress until the approval obtained.
•    Underwrite credit lease and loan transactions including complex lease, loan, factoring, Japan Direct and any other new product transactions as a preparer to su