Credit Control Specialist - Analyst

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 $110,000.00 and $125,000.00. 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

Credit Control team is hiring a specialist. This role requires a well rounded adaptable candidate who is able to master product knowledge and bank underwriting guidelines in order to ensure completeness and accuracy credit applications. It is also partially operational and designed to create efficiency within the current day to day responsibilities of the team. The ideal candidate will have prior banking experience, have the ability to learn new skills and concepts fast, be self-motivated, demonstrate problem solving skills and can-do attitude. Ability to work as part of a team, lead juniors and effectively communicate with team members are crucial, as every task in Credit Control is intertwined. The candidate must be able to cover a large volume of work with high attention to detail.

Role Objectives

• Review borrowing bases and credit applications to ensure that contents are accurate against legal documents.
• Find data and evidence from various sources including but not limited to legal documents for verification and evidentiary support.
• Provide feedback to Coverage Teams on their submissions, confirm client based information, and organize data for GBR input team.
• Reformat application as necessary and rewrite/rephrase sections to meet most recent guidelines and request from Credit Officers.
• Build and foster rapport with Coverage Teams and Credit Officers, maximizing efficiency of process.
• Opine on bottlenecks and issues for process improvements

Qualifications And Skills

• Credit underwriting knowledge, preferably for subscription finance.
• Fast learner who demonstrates high degree of problem-solving skills
• Must be able to handle large volume of applications and data points with high degree of accuracy
• Impeccable attention to detail and sense of urgency to meet deadlines
• Must be able to communicate and develop rapport with team members and other stakeholders
• Willingness to adapt to the ever-changing bank environment

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].