About the Role
Responsible for credit evaluation and deal maintenance for transactions in Trade and Commodity Finance.
Responsibilities
- Reviews potential transactions in Trade and Commodity Finance and prepares credit memos, applications, cash flow models, and other relevant material for underwriting purposes.
- Monitors assigned transactions to maintain credit quality through appropriate measures, i.e., financial analysis and trends, cross-sectional analysis, cashflow analysis and market value/liquidity.
- Ensures compliance with applicable investment guidelines and directives from Head Office and Branch Management.
- Prepares all applications and reports and makes recommendations on all amendments, waivers, refinancings and other ongoing activities.
- Responsible for all Head Office and Branch monitoring and reporting requirements, including rating review, business review of documentation, regulatory review, booking and financial and portfolio review requirements, with support from Operations Analyst as designated.
- May conduct business development activities such as managing or assisting to manage relationships with clients in assigned sector.
- May conduct or support deal structuring activities.
- Performs other duties and responsibilities as assigned by management.
Requirements
- Bachelor’s degree in Finance or Economics or equivalent with 3+ years related experience in Trade & Commodity Finance or Corporate Finance.
- Good knowledge of finance and basic accounting.
- Good knowledge of commonly used research resources, including Bloomberg, EDGAR, and rating agencies.
- Basic knowledge of corporate finance transactions.
- Basic knowledge of loan markets.
- Advanced in Microsoft 365 (Excel, PowerPoint, Word, Outlook, and Access)and some modeling capabilities.
- Excellent oral and written communication skills.
Skills
- Trade & Commodity Finance
- Corporate Finance
- Finance
- Accounting
- Bloomberg
- EDGAR
- Microsoft 365
- Excel
- PowerPoint
- Word
- Outlook
- Access
- Modeling
Location
- New York City
Work Type
- Hybrid
Experience Level
- Officer or Assistant Officer
- 3+ years
Education Level
- Bachelor’s degree in Finance or Economics or equivalent
Benefits
- PAID TIME OFF
- MEDICAL
- HSA
- VISION
- DENTAL
- FSA
- 401(K)
- PROFIT SHARING
- LEGAL PLAN
- CANCER INDEMNITY PLAN
- DISABILITY INSURANCE
- LIFE INSURANCE
- EMPLOYEE ASSISTANCE PROGRAM
- COMMUTER BENEFITS
- BUSINESS TRAVEL ACCIDENT
- PAID VOLUNTEER DAY
- PAID MEMBERSHIPS
- PAID SEMINARS
- TUITION ASSISTANCE
About the Company
- SUMITOMO MITSUI TRUST BANK, LIMITED WAS ESTABLISHED THROUGH THE MERGER OF THE SUMITOMO TRUST AND BANKING CO., LTD WITH CHUO MITSUI TRUST AND BANKING, LTD. ON APRIL 1, 2012.
- WE ARE ONE OF THE LARGEST ASSET MANAGERS IN ASIA AND NUMBER ONE AMONG JAPANESE FINANCIAL INSTITUTIONS BY AUM, WITH APPROXIMATELY $850 BILLION USD IN AUM.
- THE BANK PROVIDES AN ASSORTMENT OF FINANCIAL SOLUTIONS AND MANAGES A BROAD SPECTRUM OF FINANCIAL PRODUCTS ACROSS ITS GLOBAL BRANCHES.
- The Americas Division (“AD”) was established in the Sumitomo Mitsui Trust Bank, Limited, New York Branch) (“SMTBNY”) to perform corporate functions and supervise U.S. entities.
- Established under the AD are the “Global Banking Unit (“GBU”), Americas Division” and “Global Markets Unit (“GMU”), Americas Division” which performs business functions.
- The Specialty Finance Department (“SFD”) is responsible for originating, booking and monitoring credit facilities for both bilateral and syndicated loan transactions.
- SFD focuses on building and monitoring portfolio assets in 3 main product areas: Project Finance, Trade and Commodity Finance, and Aviation Finance.
Equal Opportunity
- 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.
- SuMi Trust provides reasonable accommodations for employees and applicants with disabilities consistent with applicable law.
- If you need a reasonable accommodation during the application
