PERM - CBD2 - Credit - Credit Review - Director
London, LND, GB, EC2M 2AT
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.
Director - Senior Credit Analyst
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
As a Director, Senior Credit Analyst in the Corporate Banking Department II, you will act as the first line of defence in managing credit risk for a portfolio of corporate clients. You will play a key role in assessing, structuring, and monitoring credit exposures to ensure the bank’s assets are protected and regulatory requirements are met.
Top 3 Essentials of the Role:
- Lead the preparation and presentation of high-quality credit applications and risk assessments, managing deal teams for mergers & acquisitions / technically complicated transactions
- Actively monitor and manage a portfolio of high-complexity corporate clients , and be expected to take one or more Lead Sector responsibilities.
- Collaborate with internal stakeholders to support new transactions and ongoing credit processes.
Top 3 Candidate Requirements:
- Proven experience as a corporate credit analyst through at least two economic cycles and exposure to the Energy / Commodities and / or Sub-IG world / corporate leveraged/structured finance
- Strong analytical, financial modelling, and documentation review skills.
- Fluency in English, with excellent communication and stakeholder engagement abilities.
Business Area
Corporate Banking Department II (CBD2) – Front Office Credit.
The team supports the bank’s corporate lending and risk management activities across EMEA, focusing on a diverse portfolio including syndicated loans, derivatives, trade finance, and corporate leveraged/ M&A finance solutions.
CBD2 EMEA has around 185 customer groups for which FO Credit monitor the credit risk
Position Description
The Senior Credit Analyst (D) is responsible for managing credit risk in line with internal policies and external regulations. This includes conducting in-depth credit analysis, preparing credit applications, and supporting the structuring and negotiation of new transactions. The role also involves continuous monitoring of existing clients and contributing to special credit reviews (overall managed portfolio of c.15 corporate medium/ high complexity customer groups). The Senior Credit analyst will report to the CBD2 London Head of Credit.
Credit Quality
- Prepare succinct, high-quality credit applications incorporating financial analysis, industry and peer comparisons, and projection modelling.
- Recommend obligor and facility grades in line with Basel requirements and internal credit policies.
- Review and provide feedback on junior analysts’ credit submissions to ensure accuracy and quality.
- Support the bank’s sustainability strategy by conducting Enhanced Customer Due Diligence and assessing compliance, reputational, and other non-financial risks.
- Evaluate loan documentation to ensure appropriate risk mitigation.
- Lead deal teams based on transaction complexity and personal risk appetite.
- Collaborate with key stakeholders (Relationship Managers, Credit Department, Corporate Research, Product Specialists, etc.) to facilitate efficient credit approval processes.
- Contribute to special credit reviews to proactively mitigate potential losses.
Credit Processes
- Assist in managing daily workflow, reporting requirements and sector coverage within the team.
- Ensure timely completion of portfolio reviews and adherence to internal credit policies.
- Maintain internal systems and grading tools to ensure compliance with procedures.
- Participate in ad hoc projects and initiatives as required.
Training & Development
- Supervise and coach junior team members to enhance team capabilities and support professional development.
- Strong risk awareness and decision-making under pressure.
- Effective communication and stakeholder management.
- Team leadership and mentoring.
- Adaptability and initiative in a dynamic environment.
Skills
- Advanced financial analysis and forecasting.
- Proficiency in Excel (financial modelling) and Word.
- Deep understanding of credit products: syndicated loans, derivatives, trade finance, leasing. Including in the Sub-IG universe.
- Familiarity with legal documentation (LMA, ISDA, CSA, etc.), both in the IG and sub-IG world
- Sector expertise in at least three industries (e.g., Oil & Gas, Pharma, TMT, etc.).
- Experience in sub-investment grade and/or leveraged finance.
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.