Vice President, Economist - Credit Review Department

Sumitomo Mitsui Banking Corporation•City of White Plains, NY

3d•$184,454 - $201,000•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.

Requirements

Bachelor’s degree in Economics or a related field plus 10 years of progressively responsible experience.
Required Skills: data collection; economic modelling and forecasting; economic and monetary policy; financial markets and risk analysis; credit monitoring and credit risk assessment; analysis of financial statements; economic analysis, economic research, credit risk management, underwriting, and lending; experience in diverse sectors including corporates and industrials, commercial real estate, energy, financial institutions, leasing, structured finance, project finance, middle market, or subscription financing.
Fluency in Spanish.

Responsibilities

Collect economic data, research, and analyze economic trends, as well as assess economic strategies for our client portfolios.
Compile reports and provide recommendations on investment strategies for our client portfolio teams.
Build economic models and generate economic forecasts in order to explain economic phenomena and forecast market trends.
Develop economic procedures and plans which will be used in forecasting trends and formulating policies.
Prepare, analyze, interpret, and maintain internal and external information related to economic policy, rates of return, depreciation, and investments.
Identify specific correlations of market movement with various economic risk factors, including market trends, industry concentrations, and other potential risk factors related to investment considerations.
Research the most up-to-date economics topics related to business growth, initiatives, and economic data and systems, as well as attending and participating in industry forums and conferences.
Prepare pitch books and presentation materials for marketing to prospective clients to expand our portfolio.