Credit Portfolio Management, Executive Director

Credit Portfolio Management, Executive Director

Job Level: Executive Director Job Function: Portfolio Management Location: New York, NY, US Employment Type: Full Time

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.

Role Description The Executive Director position is a leadership role responsible for the internal execution of underwriting and portfolio management practices by team members in the Corporate Portfolio Management in accordance with industry and regulatory best practices. The Executive Director will have oversight for several industry vertical teams covering portfolio accounts for LBO Borrowers as well as Non-Investment Grade and Investment Grade Corporates with potential expansion in coverage to include Canada and Latin American obligors at a future date. Key responsibilities will include managing portfolio-level underwriting transactions and deal closings, amendment negotiations and ongoing credit monitoring, assessment of risk ratings and management of exposure levels. The Executive Director will have oversight responsibilities for 3 or more Industry Verticals with more than 30 direct and indirect reports.

Role Objectives The job responsibilities are described herein: Oversight of the preparation of credit applications and customer on-boarding, in conjunction with the credit department, the risk management department and compliance. Direct management of several teams of banking professionals in designated industry verticals Ensure the appropriate processing of transaction-related requests, such as amendments and waivers to existing credit documentation. Drive performance improvement by leading best practices in credit underwriting to ensure the highest quality of analysis within CPM Develop, implement and own CPM policies and procedures and provide effective training to ensure the proper governance within the group Oversight and management of ongoing credit monitoring per internal policy. Ongoing portfolio reporting, portfolio management, and credit cost oversight. Oversees relevant aspects of the control environment including issues management, audits/reviews, Annual Risk Assessment, testing of controls and customer remediation. Ensures compliance in a complex regulatory environment through effective operational controls and incorporating updates to regulatory controls into day-to-day operational processes. Lead preparation and advocacy on behalf of PMG for Credit Review and Internal Audit exams as well as all Fed exams Develop a strong working relationship with the Credit Department

Qualifications and Skills Expert level of understanding of US lending regulations and regulatory classification Excellent knowledge of corporate finance/fixed income markets. Solid proficiency in understanding legal documentation, ability to construct and negotiate term sheets and amendments. Ability to garner support and secure buy in across a wide range of stakeholders; ability to create a strong network of relationships among peers, internal partners, external constituencies and decision makers to deliver end products. Skilled in organizational development, personnel management, budget and resource development, and strategic planning. Expert level understanding of corporate credit risk to ensure compliance in a complex regulatory environment through effective operational controls and incorporating updates to regulatory controls into day-to-day operational processes. Deep understanding of policies, procedures, compliance and approval process at the Bank, necessary to aid execution. Deep institutional knowledge required for influential network and knowledge of policies and procedures in order to ensure successful implementation of business strategy and goals. Strong working knowledge of Enterprise Valuation methods. Solid understanding of product risk (F/X, IRS, Trade Finance, Lease Finance, Securitization)

Work Experience:15 + years of comparable or relevant experience. Credit analyst experience is required. US Regulatory Classification experience is essential. Education: Bachelor's degree - Academic distinction and coursework in economics, financial accounting, and corporate finance preferred. MBA a plus. Licenses: Series 79 and 63 may be required. Strong Microsoft Office skills and experience (Excel, PowerPoint and Word)