Portfolio Monitoring Analyst

SUMITOMO MITSUI TRUST BANK, LIMITED•New York, NY

4h•Hybrid

About The Position

SUMITOMO MITSUI TRUST BANK, LIMITED WAS ESTABLISHED THROUGH THE MERGER OF THE SUMITOMO TRUST AND BANKING CO., LTD WITH CHUO MITSUI TRUST AND BANKING, LTD. ON APRIL 1, 2012. WE ARE ONE OF THE LARGEST ASSET MANAGERS IN ASIA AND NUMBER ONE AMONG JAPANESE FINANCIAL INSTITUTIONS BY AUM, WITH APPROXIMATELY $850 BILLION USD IN AUM. THE BANK PROVIDES AN ASSORTMENT OF FINANCIAL SOLUTIONS AND MANAGES A BROAD SPECTRUM OF FINANCIAL PRODUCTS ACROSS ITS GLOBAL BRANCHES. The Americas Division (“AD”) was established in the Sumitomo Mitsui Trust Bank, Limited, New York Branch) (“SMTBNY”) to perform corporate functions and supervise U.S. entities. Established under the AD are the “Global Banking Unit (“GBU”), Americas Division” and “Global Markets Unit (“GMU”), Americas Division” which performs business functions. The Real Estate Finance Department (“REF”) is responsible for originating, booking and monitoring credit facilities for both bilateral and syndicated real estate loan transactions. REF focuses on building and monitoring portfolio assets in the Real Estate product area. This role is responsible for portfolio monitoring, transaction management, supporting review & approval of construction draws, site visits, and market / submarket information for the New York Branch Real Estate Team.

Requirements

Bachelor's degree in Finance, Economics or relevant field with 2+ years of related experience.
General knowledge of banking principles and/or loan markets.
Excellent organization skills and detail oriented.
Good interpersonal skills for team-oriented environment.
Proficient in Microsoft 365 (Excel, PowerPoint, Word, Outlook, and Access).
Excellent oral and written communication skills.

Nice To Haves

2+ years of banking experience is preferred.

Responsibilities

Supports Credit Analysts and CRE Team with: Reviewing construction draws
Supports Credit Analysts and CRE Team with: Amendments and waivers
Supports Credit Analysts and CRE Team with: Monthly & quarterly asset management
Supports Credit Analysts and CRE Team with: Lease approvals
Visit project / property markets and job sites for due diligence and periodic monitoring purposes.
Monitor portfolio to ensure compliance with property reporting deadlines, financial covenants, and construction milestones.
Maintains monthly monitoring / asset management file for NY Branch’s CRE portfolio.
Supports market, submarket, and comp analysis for new and existing transactions.
Performs other duties and responsibilities as assigned by management.

Benefits

Paid Time Off
Medical
HSA
Vision
Dental
FSA
401(k)
Profit Sharing
Legal Plan
Cancer Indemnity Plan
Disability Insurance
Life Insurance
Employee Assistance Program
Commuter Benefits
Business Travel Accident
Paid Volunteer Day
Paid Memberships
Paid Seminars
Tuition Assistance
Socialization opportunities for wellness, financial wellbeing, runs/walks, team building, happy hours, and activities to support the Sustainable Developmental Goals.