Analyst, ABS Lending

Sumitomo Mitsui Banking Corporation•New York, NY

4d•$110,000 - $125,000•Hybrid

About The Position

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 DescriptionThe role is in the ABS Lending team within the Securitized Products and Capital Solutions (SPCS). Responsible for supporting the origination, structuring, and execution of securitization lending transactions across various asset classes, including: auto, credit card, unsecured consumer, private student loan, and esoteric (ex: digital infrastructure, royalties, whole business).Role Objectives Develop strong understanding of the securitized lending product across different asset types Support mid and senior-level team in the origination, structuring, and execution of securitization lending transactions Develop strong understanding of the bank’s execution processes and systems Support team in preparing presentation materials for client meetings Contribute to the preparation of internal credit application materials Contribute to the management of existing securitization transactions within the portfolio, including performance monitoring, annual reviews, and program amendments

Requirements

1+ year of experience in structured finance preferred
Strong software and presentation skills (i.e. Microsoft Office)
Highly collaborative and flexible in a team and client environment with ability to form good relationships internally and externally
Able to coordinate and communicate with various internal departments across the bank locally and internationally
Strong communication skills and ability to learn complex concepts
Works well in a culturally diverse and team-oriented environment
Demonstrates intellectual curiosity and an interest in continuous learning
Interest in the securitization product and market for securitization transactions

Responsibilities

Develop strong understanding of the securitized lending product across different asset types
Support mid and senior-level team in the origination, structuring, and execution of securitization lending transactions
Develop strong understanding of the bank’s execution processes and systems
Support team in preparing presentation materials for client meetings
Contribute to the preparation of internal credit application materials
Contribute to the management of existing securitization transactions within the portfolio, including performance monitoring, annual reviews, and program amendments