Credit Associate

Sumitomo Mitsui Banking Corporation • New York, NY

1d • $78,000 - $125,000 • Hybrid

About The Position

The main function of this position is to analyze credit of US subsidiaries of Japanese and/or Asian companies to prepare credit applications. Report to a team leader and collaborate with relationship managers. Also, the function requires communicating credit departments in the US and Japan.

Requirements

• Minimum 5 years of experience working at a corporate bank or other financial institution.
• Highly proficient MS Excel, Word and PowerPoint skills are required.
• Bachelor’s degree in Finance, Business or Accounting preferred or equivalent education and training.

Nice To Haves

• Formal credit training preferred.
• Japanese language skill is preferred.

Responsibilities

• Conduct analysis and research on the performance of borrowers and parents to assess historical performance and future projections; ie. cash flow analysis, risk capital calculations.
• Gather support documentation to structure deals, liaise with middle and back office for KYC purposes, and assist in drafting pre screen memos for the Credit Department.
• Conduct quarterly and annual reviews of loan portfolio and handle a variety of system and procedural issues related to the borrowers such as internal grading, monthly/quarterly reporting, and other ad hoc projects.
• Assist with amendments, new originations, loan closings and funding, and other credit events that may impact the borrower.
• Undertake research and analytics related to specific sectors, regions or loans, and stay abreast of current market conditions.
• Provide ad hoc reports for management.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level