Project Finance Portfolio Management Associate - Latin America.

Sumitomo Mitsui Banking Corporation • New York, NY

98d • $150,000 - $200,000

About The Position

SMBC's Global Structured Finance Department is looking for an Associate to join its Portfolio Management team covering project finance transactions in Latin America. The Team is responsible for managing all aspects of SMBC’s Latin American project finance portfolio. The portfolio consists of transactions in the conventional and renewable power, natural resources and new energies, infrastructure, and telecom sectors. The role entails performing credit monitoring/control/administration of a portfolio of borrowers with a view to identifying potential credit issues preemptively. In addition, a significant portion of the role involves analyzing amendment/consent/waiver requests, evaluating the credit impact of the requests and any mitigants, and preparing applications with recommended actions for credit decisions.

Requirements

• A minimum of 2-3 years of experience covering project finance transactions in a portfolio management team or credit department of a lending institution.
• Strong background in accounting / financial statement analysis / modelling / legal documents is preferred.
• Required: BA / BS
• Preferred: MA / MS / MBA / CFA

Nice To Haves

• Ability to speak/read business Spanish and/or Portuguese preferred but not required.

Responsibilities

• Responsible for effective credit and risk management, with emphasis on adherence to credit policy and requirements, financial analysis/modeling, risk evaluation, on-going portfolio maintenance activities, and as needed client support.
• Oversee the overall credit worthiness of an assigned portfolio of obligors and their ability to meet their financial obligations for traditional credit-based products.
• Continuously monitor the portfolio with a view to identifying deteriorating situations early.
• Responsible for monitoring and reporting on the portfolio quality against established criteria and recommending adjustments to grading of existing credit facilities, as appropriate.
• Prepare periodic reviews for the borrowers/offtakers/guarantors in the assigned portfolio.
• Work with borrowers, legal counsels, independent engineers, and other consultants as necessary to structure and manage consent processes.
• Analyze and, if appropriate, seek credit approval for amendment and consent requests from borrowers.
• Responsible for mitigating loss by counterparty credit analysis related to a range of products marketed to corporate, institutional and/or government clients.
• Responsible for creating strategy that will minimize credit risk in line with the firm's objectives, as well as assisting in the underwriting process for potential new borrowers.
• Ensure registration of accurate and up-to-date KYC information for borrowers.
• Respond to ad hoc information requests.

Benefits

• Competitive portfolio of benefits to its employees.
• Annual discretionary incentive award.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Bachelor's degree