Fund Finance Solutions, Analyst- Collateral Management

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 $85,000.00and $100,000.00. 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

The Fund Finance Solutions Department (FFSD) is looking for an analyst to join the Collateral Management Team, which sits within the Division's Portfolio Management team.

The primary focus will be to support the Origination Team in the underwriting, and subsequent monitoring of, the investor capital commitments that are pledged as collateral for loans.

Within this role, you will develop a deep understanding of Subscription Secured Finance (SSF), and how to underwrite various types of private equity fund investors (e.

g., Insurance Companies, Sovereign Wealth Funds, Pension Plans, and more). Additionally, you'll learn how to build scalable processes, and other portfolio management / banking best practices from a market-leading team.

The ideal candidate would have a genuine interest in developing a career in banking with a desire to learn about underwriting various entities.

There will be a tremendous amount of training provided, allowing the candidate to build a career in fund finance while expanding their knowledge base.

A basic understanding of finance and financial statement analysis is required.

Role Objectives

• Perform annual reviews for the collateral within FFSD's Global Fund Finance Portfolio. This includes spreading financials, applying gradings, and evaluating the financial health of private equity fund investors across a range of industries.
• Collaborate with various departments across SMBC's global banking platform to ensure alignment in underwriting standards, and to obtain industry / region-specific expertise as necessary.
• Review collateral calculations prior to approving borrowing requests to ensure there are no over advances to clients.
• Help manage an offshore team responsible for the spreading of certain financials.
• Obtain insights from FFSD's proprietary portfolio of collateral information.
• Research and prepare reports based on industry trends.
• Oversee and produce standardized reports in order to communicate and monitor key risk levels within the SSF portfolio.
• Responsible for the routine and ad hoc updates of deal and collateral values in a new reporting database.

Qualifications and Skills

Experience / Knowledge Requirements

• Bachelor's Degree in finance, accounting, economics, or related field.
• Knowledge of basic corporate finance and accounting, and ability to learn financial analysis.
• Familiarity with corporate banking, bank regulations, risk and compliance factors and regulatory matters a plus.

Required Skills / Abilities

• Inherent pride in one's work.
• Impeccable attention to detail.
• Desire for continued learning, and ability to expand role over time.
• Ability to multi-task and prioritize effectively to meet strict and competing deadlines.
• Highly collaborative and flexible in a team and client centric environment.
• Willingness to adapt to the ever-changing bank environment.
• Preferable (but not required) to have work experience in a front / middle office function which handles a large volume of materials where accuracy and timeliness are of paramount importance.
• Strong written and oral communication skills with an ability to communicate effectively with all levels across the organization.
• Proficient using Microsoft Office suite (Excel, Word, PowerPoint).

Additional Requirements

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.

We are an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, disability status, protected veteran status or any other characteristic protected by law.

SMBC provides reasonable accommodations for employees and applicants with disabilities consistent with applicable law. If you need a reasonable accommodation during the application process, please let us know at [email protected].