Credit Risk Associate

 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 $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 Description

SMBC is seeking an Associate to support the ongoing enhancement and refinement of the Credit Risk control measures for the SMBC Americas Division portfolio. Associate is expected to identify and analyze credit portfolio trends, working with the credit risk data management team, synthesize such information and to communicate analysis to team leads and senior management.

Role Objectives: Delivery

• Engage with data management team to obtain relevant portfolio data, identify key trends and synthesize such data to develop a cohesive assessment of the credit portfolio and prepare presentations to convey contextual significance for both senior management presentations and regulatory reporting
• Produce portfolio reporting utilizing advanced MS Excel and data automation tools
• Assess developments in the credit portfolio with respect to risk guidelines, framework, or limits as appropriate
• Develop analytical views on both internal portfolio and credit market trends to be incorporated in senior management presentations and regulatory reporting
• Create presentations which analyze trends and developments, and highlight key points in a readily understandable manner

Role Objectives: Interpersonal

• Synthesize data and credit matters and develop contextual content for presentations to senior management and regulators
• Recommend enhancements to data management processes to improve efficiency and accuracy of portfolio reporting processes
• Interact with Business Units to help support, enhance, and adjust credit portfolio management, and maintain ongoing communications with business units and credit approval functions to effectively guide businesses within such controls and authorities

Role Objectives: Expertise

• Strong analytical skills and business acumen with a risk-reward control perspective
• Demonstrated ability to automate manual process by using advanced IT skills
• Strong presentation skills to create visualized charts/materials for readers including regulators and senior management
• Demonstrated ability to work independently and successfully manage multiple priorities and stakeholders under pressure
• Ability to communicate appropriately at different levels of the organization to build collaborative relationships

Qualifications and Skills

• The ideal candidate will have a Bachelor’s degree in Finance, Economics, Data Science, or related field. Master’s degree a plus.
• 2 or more years of related work experience in financial services preferred.
• Former Credit Risk Analysis and Data Analysis backgrou