Lender Finance, 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 $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

Sumitomo Mitsui Banking Corporation(“SMBC”) is seeking an Associate to join its’ growing Lender Finance Group’s Origination and Execution team in the Securitized Products and Capital Solutions Department. The Lender Finance Group provides asset-based financing and a range of other financing products and services to asset managers that are leading lenders to US middle markets. The Associate will provide senior bankers with marketing support in origination, execution, and monitoring of lender finance transactions. This role will also construct terms and conditions and participate in term sheet negotiation.

Role Objectives:

• Support senior bankers in the execution of new transactions by preparing credit materials, analyzing collateral, and managing transaction processing through the closing process.
• Prepare detailed, high-quality credit analysis and applications ensuring accuracy, analytical depth, and an understanding of relevant credit metrics, in accordance with internal policies and regulatory guidance.
• Develop financial models for use in securitization transactions.
• Coordinate information flow among counter-party asset managers, Origination and Execution team, credit department, and other departments to ensure successful execution of transactions.
• Coordinate due diligence and approval processes with relevant departments.
• Run Know Your Customer processes to ensure compliance with internal and external policies.
• Support group and division initiatives, including syndication and distribution of originations.
• Develop marketing material and pitch books.

Qualifications and Skills

• 2-4 years of relevant experience.
• Sound credit analysis and financial modeling skills.
• Excellent verbal, interpersonal, and written communication skills with the ability to manage a variety of transactions and projects simultaneously.
• Ability to organize thoughts, clearly articulate points, and provide summaries and explanations of transactions, verbally or in writing, to senior bankers and credit other internal departments.
• Demonstrates a high degree of attention to detail and an ability to complete work accurately and in a timely manner against strict deadlines.
• CPA, CFA preferred.
• Knowledge of MS Office Suite is required.
• Knowledge and experience working with Intex and Bloomberg and programming tools (Python, C++, MATLAB, VBA, etc.) is preferred.

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. Hybrid work may not be permitted for certain roles, including, for example, certain FINRA-registered roles for which in-office attendance for the entire workweek is required.

SMBC provides reasonable accommodations during candidacy for applicants with disabilities consistent with applicable federal, state, and local law. If you need a reasonable accommodation during the application process, please let us know at [email protected].