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
Providing critical challenge and detailed review on credit applications submitted by Front Office and providing recommendations to Approvers within CD, EMEA or Tokyo HQ. A second line of defence role providing credit risk management / oversight of new credit transactions, in designated sectors within the Financial Institutions (FI) and sovereign credit portfolio across EMEA including both Developed and Emerging Markets (CIS, Middle East and Africa). Provide the effective credit management of client relationship and exposures within designated sectors within the FI credit portfolio across EMEA.
- Report to SCO or JGM/MD for SMBC BI and SMBC booked Financial Institution (FI) transactions, within a team of 7 specialist Credit professionals. The team’s coverage includes, Banks, Sovereigns, Non-Bank FIs (e.g. Insurance, Investment Trust / Asset Manager, PE Fund / Sponsor, etc.).
- Act as primary analyst on specified portfolio of Banks, determined by regions and types of business and new transactions. Secondary coverage includes Sovereign and Non-Bank FI portfolio.
- Manage credit portfolio including applications and approval process, and emerging credit developments in conjunction with Front Office (first line of defence).
- Engage with Front Office professionals and provide appropriate challenge on risk issues / develop workable solutions to mitigate risk issues.
Skills/Experience
- Degree level education and / or relevant professional qualifications (eg: ACA, ACCA, ACT, CFA), and a track record of continued learning and development.
- Experience in a credit management role within a major international bank.
- Preference for candidates with strong exposure to emerging markets, including Middle East and Africa.
Business Area
Credit Department.
Position Description
Assist in management of FI credit portfolio with primary responsibility for management of credit applications and monitorings. Assessment of new transactions - c.1,000 deals pa, and related credit monitorings. Management of under-performing / deteriorating credit situations through continuous monitoring and through of credit and market experience.
Exercise strong risk assessment methodology toward new transactions and management of a portfolio of FI clients (including Problem Assets), across a broad variety of sectors, geographies, and asset / product types, seeking guidance from more senior staff / management as appropriate.
Experience and capability to take a standard FI transaction from inception to approval, with some guidance and supervision where appropriate.
Develop relationships within the team: seek guidance and advice from colleagues; express well-reasoned arguments and influence senior management; and assist in recruitment and training of more junior staff.
Willingness / flexibility to be involved in ad hoc projects supporting the strategy of FI credit team and the wider department / institution.
Draw on own expertise and professional knowledge and that of colleagues to assist in developing innovative solutions / improvements to status quo.
Exemplify strong credit management and analytical skills, sharing experience to assist in the professional development of colleagues, and build expertise within the team.
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.