Credit Underwriter - Assistant Vice President

Sumitomo Mitsui Banking Corporation

1d•$84,000 - $135,000•Hybrid

About The Position

SMBC Group is a top-tier global financial group with a 400-year history, offering diverse financial services. In the Americas, SMBC Group provides commercial and investment banking services to corporate, institutional, and municipal clients, connecting them to local markets and its global network. This role involves underwriting small ticket equipment finance lease and loan transactions, managing competing priorities, and ensuring adherence to credit policy. The position also provides credit risk analysis for ongoing portfolio management. The anticipated salary range for this role is between $84,000.00 and $135,000.00. The specific salary offered will depend on individual qualifications, experience, and market analysis. The role may be eligible for an annual discretionary incentive award and offers a competitive benefits portfolio.

Requirements

Undergraduate degree in finance or a related field or an equivalent combination of training and experience.
Two or more years of relevant equipment finance underwriting experience.

Nice To Haves

Experience underwriting direct origination and syndicated loans and leases for commercial vehicle, construction, and machine tool transactions.
Typically between 2 - 5 years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience helpful.
Deep knowledge and technical proficiency gained through extensive education and business experience.
Verbal & written communication skills
Collaboration & team skills
Analytical and problem solving skills - Experience in financial statement analysis and modeling is expected.
Influence skills
Data driven decision making

Responsibilities

Underwrite small ticket equipment finance lease and loan transactions.
Manage competing priorities, demonstrate attention to detail, and maintain excellent communication with all key stakeholders throughout the underwriting process.
Ensure adherence of the credit policy at all times.
Provide appropriate credit risk analysis for ongoing portfolio management related items.
Oversee credit and legal documentation and ongoing monitoring of asset and client performance.
Provide accurate financial analysis and risk assessment of new and existing customers.
Oversee preparation of concise, well-reasoned credit correspondence.
Negotiate transactions with clients and provide deal structuring expertise.
May manage work flow of other analysts by aligning tasks with departmental goals and objectives.
Develop credit information to make lending decisions on new, renewal and extension loans.
Assist in negotiations of terms and conditions of all decisions made via phone and e-mail interaction with clients.
Prepare summary, present facts and offer opinions concerning credit worthiness.
Apply knowledge in bank products, processes and systems and effectively trouble shooting to ensure a high-quality client experience.
May coordinate closing with closing department, clients and attorneys.
Minimize SMFL’s risk exposure by adhering to internal credit policies and procedures with respect to lending decisions.
Provide specialized consulting, analytical and technical support.
Exercise judgment to identify, diagnose, and solve problems within given rules.
Works independently and regularly handles non-routine situations.
Broader work or accountabilities may be assigned as needed.