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 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.

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 Markets Unit (“GMU”), Americas Division” which performs business functions. The Real Estate Finance Department (“REF”) is responsible for originating, booking and monitoring credit facilities for both bilateral and syndicated real estate loan transactions. REF focuses on building and monitoring portfolio assets in the Real Estate product area.

Position Overview:

 Responsible for portfolio monitoring, transaction management, supporting review & approval of construction draws, site visits, and market / submarket information for the New York Branch Real Estate Team.

Duties and Responsibilities

1. Supports Credit Analysts and CRE Team with: 
   1. Reviewing construction draws
   2. Amendments and waivers
   3. Monthly & quarterly asset management 
   4. Lease approvals
2. Visit project / property markets and job sites for due diligence and periodic monitoring purposes.
3. Monitor portfolio to ensure compliance with property reporting deadlines, financial covenants, and construction milestones.
4. Maintains monthly monitoring / asset management file for NY Branch’s CRE portfolio. 
5. Supports market, submarket, and comp analysis for new and existing transactions. 
6. Performs other duties and responsibilities as assigned by management.

Knowledge, Skills and Abilities

1. Bachelor's degree in Accounting, Finance, Real Estate Finance, Economics or relevant field with 3 years of related experience.
2. 3 years of banking experience is preferred.
3. General knowledge of banking principles and/or real estate lending markets.
4. Excellent organization skills and detail oriented.
5. Good interpersonal skills for team-oriented environment.
6. Proficient in Microsoft 365 (Excel, PowerPoint, Word, Outlook, and Access).
7. Proficient in Argus.
8. Excellent oral and written communication skills.