Credit Portfolio Management, Director (Utilities/Energy)

Sumitomo Mitsui Banking Corporation•New York, NY

10d•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 $250,000.00 and $250,000.00. 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 The Director is responsible for leading credit underwriting and portfolio management activities within Credit Portfolio Management, including oversight of portfolio monitoring, transaction execution, risk ratings, US Regulatory Classification, and exposure management. The role manages a team of credit professionals, drives consistent credit practices, ensures compliance with internal policies and regulatory requirements, and supports proactive portfolio risk management and decision-making. The Director will have oversight responsibilities for Industry Vertical with more than 10 direct and indirect reports

Requirements

Expert understanding of corporate credit risk, portfolio management, and credit underwriting practices.
Strong knowledge of the Oil & Gas and Utilities sectors, including industry dynamics, regulatory considerations, operating risks, capital structures, and key credit drivers.
Expert knowledge of US lending regulations, regulatory classification frameworks, and credit governance requirements.
Solid proficiency in understanding legal documentation, ability to construct and negotiate term sheets and amendments.
Strong understanding of corporate finance, capital structure analysis, and fixed income markets.
Ability to garner support and secure buy in across a wide range of stakeholders; ability to create a strong network of relationships among peers, internal partners, external constituencies and decision makers to deliver end products.
Demonstrated leadership experience managing and developing high-performing teams.
Deep understanding of policies, procedures, compliance and approval process at the Bank, necessary to aid execution.
Experience managing audits, regulatory reviews, issue remediation, and control environments.
Solid understanding of product risk (F/X, IRS, Trade Finance, Lease Finance, Securitization)
10 + years of comparable or relevant experience.
Credit analyst experience is required.
US Regulatory Classification experience is essential.
Bachelor's degree or equivalent work experience preferred.
Academic distinction and coursework in economics, financial accounting, and corporate finance preferred.
Strong Microsoft Office skills and experience (Excel, PowerPoint and Word)

Nice To Haves

MBA a plus.

Responsibilities

Lead portfolio-level credit underwriting, transaction execution, and portfolio management activities.
Manage teams of credit professionals and provide leadership, coaching, and performance oversight.
Oversee preparation and review of credit applications, annual and quarterly reviews, and other monitoring reports. Ensure the appropriate processing of transaction-related requests.
Maintain high standards of credit analysis through effective review, challenge, and oversight of team work product. Drive performance improvement by leading best practices in credit underwriting to ensure the highest quality of analysis within CPM.
Ensure timely identification, escalation, and remediation of emerging credit risks across the portfolio.
Drive consistent application of credit policies, procedures, risk ratings, and US Regulatory Classification requirements. Develop, implement and own CPM policies and procedures and provide effective training to ensure the proper governance within the group.
Ongoing portfolio reporting, portfolio management, and credit cost oversight.
Oversees relevant aspects of the control environment including issues management, audits/reviews, Annual Risk Assessment, testing of controls and customer remediation.
Ensures compliance in a complex regulatory environment through effective operational controls and incorporating updates to regulatory controls into day-to-day operational processes.
Lead preparation and advocacy on behalf of PMG for Credit Review and Internal Audit exams as well as all Fed exams.
Partner with Front Office, Credit, Risk Management, Legal, Compliance, and other stakeholders to support portfolio objectives and transaction execution.
Support adoption of technology, automation, data analytics, and AI tools to enhance portfolio management effectiveness.