Credit Review Associate (m/w/d)
Düsseldorf, DE, 40474
SMBC: A trusted partner for the long term
Here at SMBC Group, we want to help you find the next step in your career so read on to discover if this opportunity is the one for you. We like to recognise potential in our people, so we welcome your application even when your experience doesn’t perfectly align with the job description. Whilst we’ll always strive to be better, we’re proud of our inclusive culture, and encourage our applicants and colleagues to be their authentic, unique selves.
Who we are
United by a sense of purpose towards our customers – to be a trusted partner for the long-term – and our universal banking platform in EMEA, SMBC Group has an international growth agenda and award-winning products, meaning we provide exciting opportunities to work on a diverse range of projects and initiatives. We deliver a full suite of corporate finance products and solutions to our customers as well as investment banking and advisory services, and a range of innovative solutions in global capital markets. Read on to find out how you could enhance your skills and gain valuable experience, by joining us to support our clients transition to a sustainable future.
Role Summary
Is the next step in your career at SMBC Group EMEA? We’re looking for a Credit officer / Associate for our CIB - CBD1 department to join our team.
Credit officer is responsible for assessing the credit worthiness of corporate clients, conducting in-depth financial analysis, preparing credit applications, and recommending obligor and facility gradings.
The role involves evaluating financial statements, performing risk assessments, structuring credit facilities, and ensuring that all credit-related documentation is accurate and compliant.
The anticipated salary range for this role is EUR 52.000 to EUR 78.000, with the final offer determined based on the candidate’s skills, experience, role scope, location, and relevant market factors. In addition to base salary, the role may be eligible for a discretionary incentive award and a competitive benefits package, including core benefits such as pension provision.
Business Area
This position is essential to support the bank’s growing corporate loan portfolio and ensure that credit decisions are based on bank’s risk appetite, thorough analysis, and sound risk management as a first line of defence.
Credit officer plays a key role in preparing credit applications, recommending obligor and facility gradings, and ensuring timely and accurate preparation of all credit-related documentations to align with both business and regulatory requirements.
Position Description
- Analyse financial statements, including balance sheets, income statements, and cash flow statements, to assess the financial health and creditworthiness of corporate clients.
- Conduct qualitative and quantitative risk assessments, including industry analysis, market conditions, and company-specific risk.
- Assign obligor gradings based on the bank’s rating framework and submit these gradings to credit department for review and approval.
- Regularly update and revise obligor gradings in response to changes in client financial performance, market conditions or external circumstances.
- Develop financial projections to forecast company performance under various scenarios, including stress testing to evaluate the impact of adverse conditions on creditworthiness.
Competencies
What we offer
For all the expertise and experience you bring to help us make a difference, it’s only sustainable if we support you to build your career and be your best self so we offer competitive company benefits, centred around promoting positive well-bring and work-life balance. We also believe in fostering a diverse and inclusive work environment, where all team members perspectives and contributions are valued. Initiatives in place which promote a diverse and inclusive culture and healthy work life balance include hybrid working, Sport & Social Clubs and Diversity and Inclusion networks.
As an employee of SMBC you have access to a host of both useful and exciting benefit offerings. See below some of the benefits on offer to you:
- Hybrid and flexible working
- Competitive paid leave days
- Benefits to support your physical wellbeing, including private medical insurance and life and invalidity insurance
- Various policies to support your mental wellbeing, including a robust behavioural health network with counselling and coaching services
- Access a wide range of learning and development opportunities and career progression opportunities
- Ambitious remuneration package
So, if you like a challenge and want to continuously grow and develop in a role where you will be supported along the way by a dynamic and diverse team, apply today!
We recognise our role as a bank to support social change and welcome all applications, including those from groups often under-represented in financial services. We value the uniqueness of professional and personal, backgrounds and perspectives as they play a vital role in continuing the sustainable growth of our organisation. We’ll ensure reasonable adjustments to our recruitment process are offered due to a disability or long-term condition whenever requested.
We are committed to transparent and equitable pay practices. Compensation is determined using objective criteria, including skills, experience, and role responsibilities, and applied consistently throughout our recruitment processes. We do not request candidates' pay history and are committed to preventing unjustified pay disparities.