Structured Finance Group - Analyst/Associate
Sumitomo Mitsui Banking Corporation - new york city, NY
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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 $175,000.00and $225,000.00. 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 position will be responsible for supporting the Asset Backed Commercial Paper program ("ABCP") conduit management platform, including conduit funding, reporting related to the management of the program, credit surveillance, and portfolio management. SMBC is a sponsor of an ABCP conduit, which issues commercial paper in the capital markets. Role Objectives Supporting ABCP conduit management, reporting, and related matters to the sound management and maintenance of the program, working under the direction of the senior member of the group. Primary roles include funding (issuing CP), managing CP maturities and liquidity, reporting to relevant internal and external parties, and assisting in investor marketing. Coordinating reports to relevant third parties including investors, updating any regulatory and legal matters related to the industry. Providing credit surveillance and portfolio management support. Others include: Daily CP issuance for sound funding of ABCP program Daily maturity limit and compliance monitoring for ABCP program Support investor marketing efforts and respond to investor inquiries Process deal documentation Coordinate execution of new deals Qualifications and Skills Include but not limited to: Highly collaborative and flexible in a team and client environment with ability to form good relationships internally and externally. Able to coordinate and communicate with various internal departments across the bank locally and internationally (middle/back office, global counterparts). Strong organizational skills and attention to detail Works well in a culturally diverse and team-oriented environment. Demonstrates intellectual curiosity and an interest in continuous learning. Knowledge of short-term money market and the investor base (or ability to learn) Ability to learn deal documentation and execution contents 1-3 years of experience in finance and or related industry Good communication overall, both internal and external audiences Highly proficient MS Excel, Word, and Powerpoint SIE, series 63, and 79 are required 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. 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 .
Created: 2024-11-19