Description

SMBC: A trusted partner for the long term

Here at SMBC Group, we want to help you find the next step in your career so read on to discover if this opportunity is the one for you. We like to recognise potential in our people, so we welcome your application even when your experience doesn't perfectly align with the job description. Whilst we'll always strive to be better, we're proud of our inclusive culture, and encourage our applicants and colleagues to be their authentic, unique selves.

Who we are

United by a sense of purpose towards our customers - to be a trusted partner for the long-term - and our universal banking platform in EMEA, SMBC Group has an international growth agenda and award-winning products, meaning we provide exciting opportunities to work on a diverse range of projects and initiatives. We deliver a full suite of corporate finance products and solutions to our customers as well as investment banking and advisory services, and a range of innovative solutions in global capital markets. Read on to find out how you could enhance your skills and gain valuable experience, by joining us to support our clients transition to a sustainable future.

Role Summary

Is the next step in your career at SMBC Group EMEA? We're looking for an Assistant Vice President for Credit Department, LBO CD(E). This is a second line of defence role providing credit risk management / oversight of new leveraged finance / LBO transactions and the existing leveraged finance portfolio across EMEA. You will have some direct responsibility for the review of portfolio accounts reporting to approvers and as part of a team as necessary on new deals, complex situations and special credits.

Essentials of the role include:

• Risk assessment of new leverage finance transactions and management of a portfolio of leverage credits including Problem Assets.
• Working as a trusted partner with Front Office deal teams to ensure delivery to clients whilst maintaining high credit quality. Articulate CD risk perception and appetite for a transaction in line with bank policy and procedures, interact / communicate with front office teams, and present transactions to senior members of the department / approvers.
• Willingness / flexibility to be involved in ad hoc projects supporting the strategy of LBO CD(E) and the wider department / institution.

Candidates should have:

• Degree level education and / or equivalent professional qualifications (ACA, ACCA, ACT, CFA, MBA).
• Experience in a credit-focused role in a major international bank or similar professional background (experience in special credit management / work-outs or within a front office role is also desirable). Some specific leveraged finance experience is desirable.
• A working knowledge of LBO, corporate loan products, trade finance products and derivative products, including familiarity with documentation and market trends.

In addition to the candidate requirements detailed above, it is desirable for candidates to have a high level of IT literacy, strong written and verbal communication skills (supporting preparation of succinct and focused credit papers), and strong interpersonal skills (supporting collaboration / teamwork).

Business Area

LBO CD(E) is a team of c.15 leveraged finance credit professionals acting as the second line of defence. You will assist the team in the management of a c.US$8bn portfolio of leveraged finance loans with primary responsibility for credit management of c.180 customers together with the assessment of new transactions (c.200 'Early Read Meetings' and c.90 new approvals per annum), annual reviews and gradings, and waivers and amendments for portfolio accounts.

Position Description

You will report to the Executive Director / Senior Credit Officer of LBO CD(E) within a team of c.15 leveraged finance credit professionals. You will act as primary analyst on portfolio accounts and new transactions, with oversight of a secondary analyst where required, and manage the credit application and approval process in conjunction with Front Office / SPD (first line of defence). The role requires you to engage with Front Office professionals and provide appropriate challenge on risk issues / develop workable solutions to mitigate risk issues.

Together with the essentials of the role detailed above, accountabilities and responsibilities include:

• Flexibility / ability to work to tight deadlines and assist team members by proactively acting in a manner which ensures work is fairly distributed, particularly in times of strong work flow.
• Collaboration with other risk and compliance functions where appropriate to ensure enterprise wide view of risk is considered.
• Develop relationships within the team: seek guidance and advice from colleagues; express well-reasoned arguments and influence senior colleagues.

Competencies

Customer Focus
Driving Change
Driving Results
Embraces Diversity
Enterprise Leadership
Judgement and Decision Making
Risk Management
Strategic and Visionary
Trust and Integrity

What we offer

For all the expertise and experience you bring to help us make a difference, it's only sustainable if we support you to build your career and be your best self so we offer competitive company benefits, centred around promoting positive well-bring and work-life balance. We also believe in fostering a diverse and inclusive work environment, where all team members perspectives and contributions are valued. Initiatives in place which promote a diverse and inclusive culture and healthy work life balance include hybrid working, Sport & Social Clubs and Diversity and Inclusion networks.

As an employee of SMBC you have access to a host of both useful and exciting benefit offerings. See below some of the benefits on offer to you:

• Hybrid and flexible working
• Competitive paid leave days
• Benefits to support your physical wellbeing, including private medical insurance and life and invalidity insurance
• Various policies to support your mental wellbeing, including a robust behavioural health network with counselling and coaching services
• Access a wide range of learning and development opportunities and career progression opportunities
• Ambitious remuneration package

So, if you like a challenge and want to continuously grow and develop in a role where you will be supported along the way by a dynamic and diverse team, apply today!!

We recognise our role as a bank to support social change and welcome all applications, including those from groups often under-represented in financial services. We value the uniqueness of professional and personal, backgrounds and perspectives as they play a vital role in continuing the sustainable growth of our organisation. We'll ensure reasonable adjustments to our recruitment process are offered due to a disability or long-term condition whenever requested.

About SMBC

A trusted partner for the long term
United by a sense of purpose towards our customers - to be a trusted partner for the long-term - and our universal banking platform in EMEA, we deliver a full suite of corporate finance products and solutions to our customers, including corporate, structured and trade finance, leveraged finance, loan market and treasury products. We can also provide investment banking and advisory services and a range of innovative solutions in global capital markets.
Find out more about what we do and who we are at https://www.smbcgroup.com/emea/careers

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