Project Finance Portfolio Management Associate - Latin America.

 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 $150,000.00 and $200,000.00. 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

SMBC's Global Structured Finance Department is looking for an Associate to join its Portfolio Management 
team covering project finance transactions in Latin America (the “Team”).
The Team is responsible for managing all aspects of SMBC’s Latin American project finance portfolio. The
portfolio consists of transactions in the conventional and renewable power, natural resources and new 
energies, infrastructure, and telecom sectors. The role entails performing credit 
monitoring/control/administration of a portfolio of borrowers with a view to identifying potential credit issues 
preemptively. In addition, a significant portion of the role involves analyzing amendment/consent/waiver 
requests, evaluating the credit impact of the requests and any mitigants, and preparing applications with 
recommended actions for credit decisions.

Role Objectives: Delivery

Responsibilities:

• Responsible for effective credit and risk management, with emphasis on adherence to credit policy 
and requirements, financial analysis/modeling, risk evaluation, on-going portfolio maintenance 
activities, and as needed client support.
• Oversee the overall credit worthiness of an assigned portfolio of obligors and their ability to meet 
their financial obligations for traditional credit-based products. Continuously monitor the portfolio 
with a view to identifying deteriorating situations early.
• Responsible for monitoring and reporting on the portfolio quality against established criteria and 
recommending adjustments to grading of existing credit facilities, as appropriate.
• Prepare periodic reviews for the borrowers/offtakers/guarantors in the assigned portfolio.
• Work with borrowers, legal counsels, independent engineers, and other consultants as necessary 
to structure and manage consent processes (including but not limited to waivers and amendments 
of financing documents, etc.).
• Analyze and, if appropriate, seek credit approval for amendment and consent requests from
borrowers. In preparing applications for credit approval, the Associate must have a good 
understanding of the request, the impact of the proposed consent on the credit risk of the 
borrower/transaction, any mitigants to the increased risk and the justification for approval of the 
request.
• Responsible for mitigating loss by counterparty credit analysis related to a range of products 
marketed to corporate, institutional and / or government clients.
• Responsible for creating strategy that will minimize credit risk in line with the firm's objectives, as 
well as assisting in the underwriting process for potential new borrowers.
• Ensure registration of accurate and up-to-date KYC information for borrowers.
• Respond to ad hoc information requests.

Qualifications and Skills

Qualifications:

• A minimum of 2-3 years of experience covering project finance transactions in a portfolio 
management team or credit department of a lending institution.
• Strong background in accounting