Credit Officer, Hedge Funds & Asset Managers (Vice President)

The anticipated salary range for this role is between $138,000.00 and $185,000.00. 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

SMBC is seeking Vice President in the Credit Department with knowledge of capital markets credit and ability to understand/analyze elements of credit risk in various Counterparty Credit Risk transactions related to Hedge Funds and Asset Manager Fund types.

The Vice President’s main responsibility entails the review of credit applications in support of our Global Markets investor business submitted by the front office and to prepare/present executive summaries and recommendations to the management of the Credit Department.

Responsibilities

• Perform credit analyses on hedge fund and asset managers with emphasis on investment strategy, asset quality, leverage, liquidity, historical performance, portfolio exposures and risk control framework
• Scope of analysis and review includes, but not limited to, counterparty credit risk, deal structure, facility terms and conditions, transaction background, profitability, and relationship strategy.
• Prepare and present written executive summaries/comments of credit applications submitted from the front office to the management of the Credit Department
• Coordinate the credit approval process by liaising between the front office and the management of the Credit Department
• Conduct the monitoring of credit quality of the counterparties and transaction portfolio
• Provide feedback and guidance to front office to ensure consistent and complete credit applications and compliance with internal policies and procedures
• Other credit related works/projects as assigned
• Support negotiation of master agreements, identify policy exceptions and provide ongoing monitoring for termination events

Qualifications and Skills

• BA/BS required with concentration in finance or business
• 7-10 years of relevant credit work experience covering hedge funds and asset managers
• Excellent understanding of derivatives and SFT product risk
• Outstanding verbal & written communication skills, backed by strong analytics & attention to detail
• Ability to operate independently, manage multiple simultaneous priorities and perform well under pressure in a demanding environment
• Proficient in Excel, Word and PowerPoint

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 accommodations@smbcgroup.com.