Equipment Leasing Assistant Vice President

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

Job Title / Corporate Title:

Relationship Assistant / Assistant Vice President

Department / Group:

Transportation Department (TPD) / Aircraft Finance Group EMEA (AFGE)

Responsible to / Line Manager:

Head of Aircraft Finance Group EMEA / Executive Director

Location:

London (100 Liverpool Street)

Business Area

Background:

• The Role holder plays an essential role in supporting senior colleagues (VPs and above) during the whole lifecycle of transactions, from preparation of Transaction Summary Sheets (and adjoining economic analysis), credit applications, liaising with credit department, undertaking customer due diligence, regularly analysing customer credit, assisting in documentation process, deal closing and dealing with other post-closing activities (amendments, waivers, etc.).  
• The credit and transaction analysis undertaken by the role holder allows the Relationship Managers and TPD Management to make informed decisions on which customers to support and which transactions to pursue.

Purpose of Job:

• AFGE’s business is very much credit focused when it comes to the airline and lessor customers it decides to support. Strong credit analysis of these customers is therefore a fundamental part of the business and allows the management to make informed decisions.  
• The AVP / Relationship Assistant role and the in-depth credit analysis the role holder undertakes, help the bank make correct credit decisions, and can also highlight credit concerns in advance, thereby potentially avoiding/minimising losses.
• The origination and execution of new transactions is a key part of AFGE’s business, the Relationship Assistant is there to support the Relationship Manager by undertaking detailed transaction analysis on each opportunity and assist during the origination and execution process of each deal.

Position Description

Facts / Scale:

• Role holder is responsible for the annual credit monitoring of c.10-15 airline / lessor customers, and the annual credit review of the underlying SPVs of c.50 transactions per year.
• Role holder is responsible for preparing c.10-15 Client Account Plans per year.
• Role holder will be required to prepare c.5-10 new credit applications per year.
• Role holder is required to liaise and collaborate with stakeholders inside and to some extent outside the bank.

Accountabilities & Responsibilities:

• Prepare Transaction Summary Sheets and relevant deal return calculations in order to make decisions on appropriate strategies for each potential transaction.
• Conduct credit analysis as required and document appropriately, preparing preliminary conclusions and making suggestions on appropriate course of action.
• Enter/check financial information into the banks systems (financial statements, prepare projections if required, transaction details etc.).
• Undertake correct assessment of credit grade and prepare submission of credit applications to Credit Department.
• Prepare Client Account Plans / strategies in consultation with RMs.
• Proactively identify and follow all necessary compliance and internal procedures required to ensure full compliance with the Bank’s procedures.
• Undertake timely customer due diligence and onboarding for new clients/customers and ongoing reviews of customers in the AFGE portfolio.

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!!