PERM - SPD - Planning - Securitized Products/Structured Lending - 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

This is an Assistant Vice President role and a key part of a team who execute, develop and assist with the maintenance of Specialised Product Department (“SPD”) structured lending program transactions, new product and distribution initiatives along with special projects.

Structured lending program transactions, which vary in structure and approach, focus on sourcing third party capital from a variety of investors and private credit participants across a variety of SMBC products in an effort to optimize SMBC’s balance sheet and position the bank for continued growth.

New product development involves analysis on market attractiveness, market sizing, risks and returns, distribution and the coordination of internal approval for new products and amendments to existing products which are part of SPD's (and the vertical within which SPD sits, Structured Finance Solutions' (SFS)), growth plans.

Special projects are varied in nature and span a variety of products and topics. 

Business Area

SPD consists of 7 groups. 

• Origination Group 1 (“OG1”) is LBO origination and relationship management for PE sponsors. 
• Origination Group 1 (“OG2”) is LBO portfolio monitoring and business promotion through existing borrowers. 
• Real Estate Finance (“REF”) is Real Estate Finance business.
• Subscription Finance (“SSF”) is Subscription Secured Finance business. 
• NAV Financing (“NAV”) lends to Funds based on Fund net asset value.
• Planning Team (“PICG”) oversees i) Strategy Planning and Reporting and ii) PA and Administration
• Business Operations (“Biz Ops”) oversees transaction execution support.
• Structured Lending Program team is a newly established team which will (i) develop new and support  existing structured lending programs and distribution thereof and (ii) lead SPD's new product development and approval and (iii) manage special projects.

Position Description

The Assistant Vice President, Structured Lending Programs role will encompass

• Structuring: Involved in review and negotiation of  financing documentation, including with partners, internal/external legal counsel, other external advisors and investors.
• Client Relationships: Develop client relationships with a variety of investors and private credit participants in an effort to expand the banks origination and distribution pipeline.
• Execution:  Participate in deal related negotiations, internal approvals, profitability analysis (RWA, ROE etc), relevant execution and project management of each program, product or project including leading cross-functional project teams to operationalise new product development.  
• Credit Review and Approval Support: Assist credit review and analysis of programs and products (and updates during the lifetime of program and product), 
• Market Insights: Resourcefully leverage various information sources to help contribute to SMBC group’s understanding of market trends, deal comparisons, and structural recommendations.
• Stakeholder engagement:  Interact with internal stakeholders 

Candidates should ideally have some experience of and qualifications in:

• Credit: Leveraged finance experience strongly preferred.  Experience in Corporate, fund finance, securitization, and/or structured finance knowledge also important, ideally including financial modelling, corporate finance, internal grading and systems, credit and risk assessment, syndication and market risk.  
• Structuring: Understanding of structured financing legal documentation and how these are negotiated.
• Qualifications: Degree level, higher level financial qualifications (eg accountancy, CFA) – preferred, but not essential. Strong written / presentation skills, particularly Microsoft Powerpoint, knowledge of Excel, VBA

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!!