SPD - Securitized Products - Vice President
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 a Securitised Product VP for Capital Solutions EMEA to join our team.
To lead the maintenance, development and execution of structured lending programs and other capital solutions transactions, as well as new product initiatives across EMEA.
To take ownership of risk and return analysis and coordinate internal approval for new products and amendments to existing products within the capital solutions and structured lending toolkit, including providing clear recommendations to senior stakeholders.
Essentials of Role:
- Structuring: Lead the negotiation and review of relevant financing documentation, including discussions with partners, internal/external legal, other external advisors and investors, escalating key issues and recommending solutions as appropriate.
- Client Relationships: Support and develop client relationships with private credit participants, contributing to origination and distribution strategy and helping expand the bank’s pipeline of capital solutions opportunities.
- Execution: Manage deal-related negotiations, investor and client marketing, internal approvals, profitability analysis (RWA, ROE etc), execution workstreams and project management for capital solutions transactions and structured programs.
Candidate Requirements:
- Credit: Good experience of corporate, fund finance, securitisation, leveraged finance and/or structured finance preferred. Strong background in financial modelling. Good experience of corporate finance, internal grading models and systems, credit and risk assessment, regulatory capital and associated profitability modelling, syndication and market risk preferred. Advanced analytical skills, critical thinking and the ability to make recommendations based on analysis. Good experience of the interplay between credit risk and documentation/structuring.
- Execution: Proven experience of capital solutions transactions or joint ventures with private credit participants, including transactions across different geographies (mostly EMEA), sectors, transaction types and vintages. Experience of managing deal teams and coordinating cross-functional workstreams.
- Deal Management: Strong networking skills and ability to communicate clearly, exercise judgement and work effectively with front office origination teams and related departments (eg credit, finance, operations and tax), including leading discussions and driving issues to resolution.
Business Area
The Capital Solutions team has been established to originate, evaluate and execute structured transactions relating to legacy SMBC portfolio sales and SRTs, client partnerships, joint ventures, forward flow arrangements, credit intermediation for portfolios, and similar structures
The Capital Solutions team is responsible for all transactions across EMEA which are structured credit securitizations, structured to optimize the Bank’s balance sheet or capital efficiency, involve capital intermediation, portfolio sales, purchases and/or intermediation, joint ventures, partnerships, use of credit risk insurance, Bank asset off-take arrangements, have asset management features, have aspects of synthetic risk transfer and/or are structured to provide funded asset/commitment line relief for the Bank.
Position Description
To lead the maintenance, development and execution of structured lending programs and other capital solutions transactions, as well as new product initiatives across EMEA.
To take ownership of risk and return analysis and coordinate internal approval for new products and amendments to existing products within the capital solutions and structured lending toolkit, including providing clear recommendations to senior stakeholders.
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.