Structured Export Finance, Insurance Associate

Sumitomo Mitsui Banking Corporation • New York, NY

1d • $150,000 - $200,000 • Hybrid

About The Position

SMBC is hiring an Associate for its Structured Export Finance (SEF) team within the Specialized Finance Department, with a primary focus on Private Credit Insurance. SEF supports placement and portfolio management of private credit insurance across SMBC Americas, in addition to its broader export credit agency, agency, and multilateral finance activities. The Associate will work with front office groups across SMBC to identify, structure, and execute insurance solutions supporting origination, transaction execution, credit risk mitigation, capital and balance sheet management, and client objectives.

The role supports marketing and placement of private credit insurance, including insurer submissions, coordination with brokers, insurers, and transaction teams, and management of the execution process. It also supports portfolio monitoring and reporting, and preparation of credit and capital allocation applications. The Associate will collaborate with internal and external stakeholders across origination, execution, and portfolio management, while remaining aware of compliance, legal, and risk considerations. The role may also support the broader global Structured Export Finance platform as needed.

SMBC uses a hybrid workforce model, with employees working from home and from an SMBC office. Employees must live within a reasonable commuting distance of their office location; specific schedules are discussed during the interview process. Hybrid work may not be available for certain roles.

Requirements

• A minimum of 3–6 years of relevant work experience.
• Strong understanding of corporate and structured lending, including credit analysis, transaction structures, loan economics, capital allocation, credit risk mitigation, and private credit insurance applications.
• Knowledge of domestic and international commercial lending and the structuring of complex short-, medium-, and long-term credits.
• Fundamental understanding of credit.
• Strong written and verbal communication skills, including the ability to communicate clearly and succinctly with varied internal and external audiences.
• Action-oriented, organized, attentive to detail, positive, and able to follow through on team priorities and deliverables.
• Ability to build effective relationships and leverage internal and external networks, including front office teams, risk and control functions, insurers, brokers, and legal counsel.
• Ability to work under tight deadlines in a fast-paced, multitasking environment while remaining composed under pressure.
• Proficiency in Microsoft Word, Excel, PowerPoint, and Copilot.

Nice To Haves

• Prior experience at a large financial institution, private credit insurer, insurance broker, or in another credit risk distribution role.
• Experience in corporate banking, structured finance, credit underwriting, insurance placement, or portfolio management.
• Experience reviewing credit agreements, finance documents, and insurance policy documentation.
• Familiarity with Bloomberg, credit systems, insurance placement databases, or portfolio reporting tools.
• Spanish or Portuguese language skills.

Responsibilities

• Assist senior SEF team members with origination, marketing, and execution of private credit insurance solutions across SMBC front office groups.
• Support the end-to-end placement process, including transaction screening, insurer submissions, due diligence, insurer questions, capacity assessment, policy negotiation, and closing.
• Partner with front office deal teams to evaluate insurance opportunities and develop solutions that support transaction execution, credit risk mitigation, capital efficiency, portfolio management, and client objectives.
• Coordinate internal credit applications, profitability simulations, capital allocation requests, and other approval materials.
• Support portfolio monitoring and management, including periodic reviews, exposure and limit tracking, premium and policy monitoring, renewals, amendments, claims-related activity, and stakeholder coordination.
• Interact with insurance brokers, insurers, transaction and portfolio management teams, legal counsel, internal stakeholders, and SMBC regional insurance placement teams.
• Prepare presentations, market updates, requests for proposals, insurer submissions, term sheets, and other internal and external materials.
• Respond to day-to-day inquiries from front office teams, relationship managers, insurers, brokers, risk, legal, middle office, and back office.
• Monitor private credit insurance market developments, including insurer appetite, capacity, pricing, policy terms, portfolio concentrations, and the broader credit and economic environment, and assess their relevance to SMBC's strategy.
• Prepare monthly management reports and ad hoc reporting on private credit insurance activity, pipeline, execution, and portfolio performance.
• Work with senior team members and control functions to identify, minimize, and mitigate compliance, legal, and risk issues.
• Support broader global Structured Export Finance activities, including export credit agency, agency, and multilateral activities, as needed.

Benefits

• Competitive portfolio of employee benefits.
• May be eligible for an annual discretionary incentive award.
• Hybrid workforce model with an opportunity to work from home and from an SMBC office.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed