PERM: Team Lead - OAD EDLC - 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
Purpose of the Job
Operational subject matter expert in loan, trade and derivative documentation with overall supervisory responsibility for the day to day operations of the team. Proactively providing support to all EMEA Front Office business departments for the efficient execution and control of new transaction covering loan, derivative and trade finance products. Including the review of contractual documentation and subsequent booking in operational systems.
To ensure lending documentation is consistent with key terms and conditions of credit applications and all pre and post conditions are satisfied accordingly. Where required, identify and refer any new products or processes for review of New Products and Processes committee.
Knowledge, Skills, Experience & Qualifications
- Excellent experience in a financial services environment with exposure to syndicated loan markets
- Comprehensive knowledge of loan, trade and derivative documentation, including the working mechanics of the credit approval process.
- An excellent understanding of standard Loan Market Association documentation.
- Previous experience in managing / supervising staff, providing day to day guidance and structured development plans.
- An excellent working knowledge of the business conducted by the Bank, including an understanding of the individual marketing Departments.
- An excellent understanding of key risks and associated control points in the transaction lifecycle.
- Well organised, self-motivated team player with strong interpersonal skills.
Business Area
Execution, Distribution and Limit Control Middle, is the Central control function within OAD supporting Front Office across EMEA with on-boarding new credit limits, reviewing lending documentation and ensuring key terms and conditions of the credit application are aligned to the contractual documentation being offered to our customers.
Position Description
Role Details
The function of this role is to act as Team Leader of the Execution Control team and to deputise for the Team Manager. Responsible for the direct management of 5/6 members of the Team.
This role proactively provides support to all EMEA Front Office business departments for the efficient execution and control of new business related transactions in relation to loans, derivative and trade finance products, this includes attending Front Office pipeline meetings to track the progress of deals, any strategy changes which may affect Execution Distribution & Limit Control (EDLC) and attend any ad hoc meetings to discuss EDLCs requirements.
Mentoring of staff and development of individual talent for the wider benefit of the firm, constructively challenge and influence change to enhance business performance, provide subject matter expertise in all aspects of their role.
Provide comprehensive oversight of the Execution Team when performing pre-execution operational review and approval of all lending documentation, ensuring product meets guidelines for systematic and operational booking requirements.
The role provides day to day workflow management of EDLC’s key systems such as CCR, GBR and Loan IQ, ensuring that all work is completed within the expected timeframe.
Provide guidance to the Execution Team to ensure priority is given to tight deadlines and ensure deals are registered in sufficient time with subsequent advice to relevant OAD parties.
Review and approve GBR Terms and Conditions of credit application against lending documentation to ensure lending documentation and credit terms are aligned, avoiding any breaches.
Review and approval of Conditions Precedent are satisfied prior to funding and drawdown
Collaborate with other OAD teams and Front Office to ensure all operational matters are discussed where necessary and duly documented.
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.