PERM - CBD2 - Credit - Front Office Credit Analyst - AVP
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.
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 an AVP FO Credit Analyst for Corportate Banking Dept 2 to join our team.
- The role of the Front Office Credit Analyst exists to manage the banks assets within its own risk management framework in compliance with all external regulation, helping to protect the bank from losses resulting from customer defaults.
- The FO Credit Analyst upholds the first line of defence for the credit risk management of a portfolio of new and existing corporate customers, in line with the banks policy and procedures.
- Conducts the review of corporate credit risk and recommends accurate obligor and facility grades, so that the bank can allocate the correct amount of regulatory capital for Basel purposes.
Business Area
- CBD2 EMEA has around 240 customer groups for which FO Credit monitor the credit risk of about USD50bn of assets.
- Portfolio covers Western European Corporates.
Position Description
The primary role of the FO Credit Analyst is to uphold the first list of defence so that the banks risk and its assets are managed in line with procedures at all times.
- Primary products cover vanilla Syndicated and Bi-Lateral Loans (inc M&A), Derivatives (Swaps, FX), Trade Finance Services and Leasing.
- Assists the Coverage team with new and existing transactions including structuring, and negotiating credit analysis, documentation review.
- Participates in Request for Consideration meetings to assess new pipeline business and presents credit opinion to the General Manager.
- Liaises with appropriate stakeholders including Loan Capital Markets, Nikko, Loan Syndications, Global Trade Finance and Corporate Research Depts and Corporate Solutions Group.
- Prepares credit applications for submission to Credit Department to include detailed quantative and qualitative analysis of the credit risk of an obligor, including forward looking projections, and transaction analysis.
- Responsible for the continuous monitoring of an assigned portfolio of corporate credit customers, taking timely actions if there is any deterioration in the banks risk, including working on Special Credits.
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.