Credit Officer - Project Finance, Director

Sumitomo Mitsui Banking Corporation•New York, NY

3d•$178,000 - $231,000•Hybrid

About The Position

SMBC is seeking a Credit Officer with strong credit and quantitative skills to analyze the credit risk and various elements of project finance transactions in North America and Latin America. Coverage includes renewable and conventional power, natural resources and infrastructure. As part of SMBC’s 2LoD, the Credit Officer’s main responsibility entails the review of credit applications submitted by the front office (1LoD) and to prepare executive summaries for the management of the Credit Department.

Requirements

In-depth knowledge of project finance, in addition to corporate finance and accounting, is required.
Critical thinking and ability to analyze a vast and complex amount of information and quickly render credit decisions.
Minimum of 5 -7 years relevant work experience preferably in the credit department of a major project finance bank.
Superior attention to details, ability to quickly individuate and focus on the key risks factors of highly structured transactions and visually present complex concepts with graphs, tables and flow charts.
Flexibility to work under tight deadlines and in a multitasking environment.

Nice To Haves

Experience in facing the regulators at the SNC, TLR, etc exams and knowledge of regulatory ratings is a plus.
Risk sensitivity and ability to steer decisions through discussions with the business units.

Responsibilities

Analyze various risk elements of project finance transactions in North America and Latin America, and present written executive summaries to the management of the Credit Department.
Oversee the maintenance of credit quality and provide feedback to business units to ensure consistent and complete credit applications. Also, provide guidance, as necessary, to business units to ensure compliance with internal standards.
Provide feedback to the front office on deal structures to mitigate identified risks.
Closely review transaction grading models to ensure accuracy and consistency.
Monitor and supervise problem loans including Warning/Special Mention Obligors and present written memorandum/reports to management.
Manage compliance with internal policies, work flow procedures, regulations, etc.
Other credit related works/projects as assigned.
Utilize deep understanding of US Regulatory Classification guidelines to review and approve proposed risk ratings.