PF Loan Workout - Director
SMBC's Special Credit Group is looking for a Director to join the Structured Product team. Among other activities, the person will monitor and manage a portfolio of assigned distressed Project Finance, manage the credit cost, and work together with restructuring advisor assisting in the restructuring efforts. The distressed Project Finance credits include North America and LATAM infrastructure projects, the power projects and natural resources projects. Incumbent is also responsible for reserves reporting and account related admin matters.
The role's responsibilities include but are not limited to the following :
- Continuously monitor and manage existing transactions, such as assign borrower rating, detailed action plans, exposure management strategies and account related admin duties
- Review and process of waivers and amendments, leading the preparation of credit applications, managing the credit process with the Credit Department and back office, performing any due diligence activities, and negotiating documentation.
- Keep abreast of business and market trends that may affect deal / portfolio performance.
- Prepare periodic reports and information pertaining to the account for senior management. Pro actively escalate operational risk, credit risk, and events to management if applicable.
- On a quarterly basis analyze and report reserve / write-off calculations complying with both US GAAP and JGAAP, assign proper accrual / non-accrual status, and handle credit cost forecasts
- Prepare materials for regulator examinations, external and internal audits.
- Ensure compliance of all internal and external matters in accordance with banking regulations, bank policy and best practices.
- Undertake ad hoc tasks and projects as required and assigned.
- Provide mentorship and guidance to deal team members and give guidance and feedback. Help train junior members of team.
Qualifications and skills :
Deep understanding of Project Finance.Proven analytical and financial modeling skills and experience with review and negotiation of project financing documentation.Proven credit analysis skills and track record; ability to efficiently analyze a vast and complex amount of information to quickly identify the key risk factors of highly structured transactions and draw from extensive knowledge of transactions to identify solutions.Knowledge in regulatory framework in region and fully versed in internal policies and procedures.Excellent communication and presentation skills both written and verbal; proven ability to present and negotiate externally with clients and key industry contacts and internally with senior management and other departments.Ability to build and maintain a strong network of relationships across the Bank to support and facilitate communication and / or execution of review and transaction applications.Demonstrates a high degree of attention to detail and an ability to complete work accurately and in a timely manner against strict deadlines.Self-driven and motivated; takes personal ownership of specific assignments.Demonstrates leadership ability to lead an amendment or a restructuring, and can provide mentorship, guidance, training to junior colleagues on the team.Work Experience :
8+ years' experience in project finance credit underwriting or portfolio management at the leading financial institutionExperience in negotiating term sheets and project finance documentationsEducation :
Required : BA / BS in Finance, Accounting, Business Administration, or a related fieldPreferred : MA / MS / MBAFormal credit training preferredSMBC'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 .