About the Bank:

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 the largest asset manager in Asia and number one among Japanese financial institutions by AUM, with $1,142 Billion USD in AUM. The Bank provides an assortment of financial solutions and manages a broad spectrum of financial products across its global branches.

This position is for Officer level candidates.

Department Overview:

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 Market Unit (“GMU”), Americas Division” which performs business functions. The Fund Finance Department (“FFD”) is responsible for providing financing and other service-based solutions to customers that primarily consist of alternative investment funds, fund managers and/or corporate clients. These solutions include, but are not limited to, subscription finance, liquidity facilities, and FX solutions, collectively “Fund Finance”, in addition to Asset Backed Commercial Paper (ABCP) solutions.

Position Overview:

Responsible for deal processing, internal control and regulatory compliance

Duties and Responsibilities:

1. Performs business review of credit documentation, regulatory compliance review and booking of new investments and for amendments or periodic review. 
2. Ensures compliance and operational requirements are satisfied before closing and for amendments.
3. Coordinates with internal and third parties to effect bookings, amendments and funding.
4. Supports Credit Analysts with Branch and Head Office monitoring and reporting requirements.
5. Tracks credit documentation and other customer reporting requirements for timely receipt.
6. Performs agent function, including communicating with customers and other lenders for loan servicing and distribution of documents.
7. Maintains related systems, reports, credit files and websites as well as assigns application numbers and records approvals.
8. Performs other duties and responsibilities as assigned by management.

Knowledge, Skills, and Abilities:

1. Bachelor’s Degree in Finance, Economics or related field or its equivalent. 
2. 3 years of experience in either banking operations or bookkeeping preferred.
3. Good business math, analytical and interpersonal skills.
4. Excellent organizational ability.
5. Proficiency with PC in business-related applications.