Credit Underwriter - Assistant Vice President

SMBC Group is a top-tier global financial group. Headquartered in Tokyo and with a 400-year history, SMBC Group offers a diverse range of financial services, including banking, leasing, securities, credit cards, and consumer finance. The Group has more than 130 offices and 80,000 employees worldwide in nearly 40 countries. Sumitomo Mitsui Financial Group, Inc. (SMFG) is the holding company of SMBC Group, which is one of the three largest banking groups in Japan. SMFG’s shares trade on the Tokyo, Nagoya, and New York (NYSE: SMFG) stock exchanges. In the Americas, SMBC Group has a presence in the US, Canada, Mexico, Brazil, Chile, Colombia, and Peru. Backed by the capital strength of SMBC Group and the value of its relationships in Asia, the Group offers a range of commercial and investment banking services to its corporate, institutional, and municipal clients. It connects a diverse client base to local markets and the organization’s extensive global network. The Group’s operating companies in the Americas include Sumitomo Mitsui Banking Corp. (SMBC), SMBC Nikko Securities America, Inc., SMBC Capital Markets, Inc., SMBC MANUBANK, JRI America, Inc., SMBC Leasing and Finance, Inc., Banco Sumitomo Mitsui Brasileiro S.A., and Sumitomo Mitsui Finance and Leasing Co., Ltd. The anticipated salary range for this role is between $84,000.00 and $135,000.00. The specific salary offered to an applicant will be based on their individual qualifications, experiences, and an analysis of the current compensation paid in their geography and the market for similar roles at the time of hire. The role may also be eligible for an annual discretionary incentive award. In addition to cash compensation, SMBC offers a competitive portfolio of benefits to its employees. Role Description Underwrite small ticket equipment finance lease and loan transactions. The ideal candidate will have experience underwriting direct origination and syndicated loans and leases for commercial vehicle, construction, and machine tool transactions. Responsible for managing competing priorities, demonstrating attention to detail, and constantly maintaining excellent communication with all key stakeholders throughout the underwriting process. The analyst will ensure adherence of the credit policy at all times. Additionally, this role will also provide appropriate credit risk analysis for ongoing portfolio management related items. Role Objectives Oversees credit and legal documentation and ongoing monitoring of asset and client performance Provides accurate financial analysis and risk assessment of new and existing customers Oversees preparation of concise, well-reasoned credit correspondence. Negotiates transactions with clients and provides deal structuring expertise. May manage work flow of other analysts by aligning tasks with departmental goals and objectives. Develops credit information to make lending decisions on new, renewal and extension loans. Assists in negotiations of terms and conditions of all decisions made via phone and e-mail interaction with clients. Prepares summary, present facts and offer opinions concerning credit worthiness. Applies knowledge in bank products, processes and systems and effectively trouble shooting to ensure a high-quality client experience. May coordinate closing with closing department, clients and attorneys. Minimizes SMFL’s risk exposure by adhering to internal credit policies and procedures with respect to lending decisions. Provides specialized consulting, analytical and technical support. Exercises judgment to identify, diagnose, and solve problems within given rules. Works independently and regularly handles non-routine situations. Broader work or accountabilities may be assigned as needed. Qualifications and Skills Undergraduate degree in finance or a related field or an equivalent combination of training and experience. Two or more years of relevant equipment finance underwriting experience. Preferred Qualifications Typically between 2 - 5 years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience helpful. Deep knowledge and technical proficiency gained through extensive education and business experience. Verbal & written communication skills Collaboration & team skills Analytical and problem solving skills - Experience in financial statement analysis and modeling is expected. Influence skills Data driven decision making SMBC’s employees participate in a Hybrid workforce model that provides employees with an opportunity to work from home, as well as, from an SMBC office. SMBC requires that employees live within a reasonable commuting distance of their office location. Prospective candidates will learn more about their specific hybrid work schedule during their interview process. Hybrid work may not be permitted for certain roles, including, for example, certain FINRA-registered roles for which in-office attendance for the entire workweek is required. SMBC provides reasonable accommodations during candidacy for applicants with disabilities consistent with applicable federal, state, and local law. If you need a reasonable accommodation during the application process, please let us know at .