Credit Risk Management - Assistant Vice President
LND, GB
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
Second line of defence role providing credit risk management for new and existing Corporate credit transactions in designated industry sectors within the Corporate credit portfolio across EMEA.
Critical challenge and detailed review of credit submissions from Front Office providing recommendations to credit approvers within CD, EMEA or Tokyo HQ.
Act as primary analyst on specified industry portfolio of clients (subject to allocation by team management), with oversight of a secondary portfolio where required.
Manage a credit portfolio including applications and approval process as well as monitoring emerging credit developments in conjunction with Front Office (first line of defence).
Engage with Front Office professionals and provide appropriate challenge on risk issues.
Experience
- Degree level education and / or relevant professional qualifications (eg: ACA, ACCA, ACT, CFA).
- Some experience in a credit management role (1st or 2nd line) with credit analysis skills to be able to undertake corporate credit assessment in a structured manner enabling clear identification and articulation of risk issues and how these are mitigated and knowledge of corporate loan products, trade finance products and derivative products, including familiarity with documentation.
- High level of IT literacy, strong written and verbal communication skills supporting preparation of succinct and focused credit papers, and strong interpersonal skills supporting collaboration / teamwork.
Business Area
Corporate Credit Risk Team, Credit Department.
Position Description
Credit transactions
- Analyse FO credit applications in a structured manner for clear identification and articulation of risk issues and how these may be mitigated.
- Articulate CD risk perception and appetite for a transaction in line with bank policy and procedures, manage the interaction and communication with front office deal teams.
- Provide appropriate challenge to Front Office on risk issues of a client / transaction, working as a trusted partner with Front Office deal teams to ensure delivery to clients whilst maintaining high credit quality.
- Collaborate with other risk and compliance functions where appropriate to ensure enterprise wide view of risk is considered.
Credit portfolio management
- Ensure obligor grades are accurate and reflect a current forward-looking view of the obligors in the assigned portfolio.
- Within assigned portfolio, review Self-Assessment submissions and credit cost provisioning for 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.