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 Rail Services LLC, Manufacturers Bank, 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 $145,000.00 and $195,000.00. 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.
Perform operational processing and support to commercial lending, focused on monitoring and servicing commercial and business loan transactions. Review, prepare and finalize loan documents ahead of the disbursement of funds; verify that documentation and work processes are complete and conform to policy. Collect and reconcile invoices. Perform quality control reviews post-closing and facilitate loan funding.
Direct and lead a group of commercial loan servicing specialists; responsible for managing the workflow, day-to-day operations, projects as well as operational changes as a result of policy or systems updates. Ensure that operational processes are carried out accurately and within established service level standards and internal guidelines. Lead the analysis of complex deals and ensure that servicing requests are accurately processed, documentation requirements are satisfied and that loans are compliant with applicable regulations. Exercise sound judgement and timely decision-making in the approval and declining of credit applications, within policy limits and subject to thorough investigation and analysis. Monitor and develop loan operations team; ensure that members of the team are knowledgeable and have the necessary tools and training to provide a quality service. Identify and escalate any operational and risk related issues, as appropriate. Support regulatory and strategic business initiatives, audits and projects.
Interact with internal stakeholders across operations, business management, risk and audit regarding workflows and volumes, production obstacles and customer issues. Work closely with lending operations partners to coordinate between KYC, underwriting and closing activities as part of an integrated approach to delivering a quality loan product. Liaise with counterparties, agent banks, title companies, legal counsel and other external stakeholders to ensure documents and processes are in order for a smooth settlement.
Demonstrate comprehensive knowledge of business operations processing and client services. Possess thorough knowledge of applicable state and regulatory requirements along with advanced knowledge and understanding of commercial loan operations and products. Demonstrate ability to analyze financial statements and cash flows, drawing upon strong knowledge of accounting principles and bank accounting.
Recommended years of experience: 10
D&I Commitment
Responsible for fostering a culture of diversity and inclusion, holding leaders accountable for creating an inclusive environment through awareness and practice of equity in recruiting, developing, and promoting diverse talent.
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.
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 accommodations@smbcgroup.com.