What are the responsibilities and job description for the Transaction Execution Management - VP position at Sumitomo Mitsui Banking Corporation?
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 MANUBANK, 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 $138,000.00 and $185,000.00. 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
Sumitomo Mitsui Banking Corporation is seeking a detailed-oriented Vice President to oversee the closing process for the Structured Finance Solutions business units. This role collaborates with key internal stakeholders including Relationship Managers, Legal, Capital Markets, and Operations, alongside external Agents and Borrowers to ensure seamless execution of transactions.
This position is operationally focused but sits within the front office Credit Product Management team. The ideal candidate will be the primary point of contact for managing deal closings across Project Finance and Corporate Finance transactions in North America and Latin America for Structured Finance Solutions.
Job Responsibilities
- Primary function is to lead the deal closing process ensuring successful execution and funding for bilateral, club and syndicated transactions.
- Coordinate pre-closing requirements with internal and external teams, proactively addressing outstanding items to meet scheduled closing deadlines.
- Ensure proper registration of transactions within SMBC’s credit system.
- Serve as the primary liaison with sponsors, borrowers, agent banks, counsel, and loan operations.
- Proactively facilitate the resolution of outstanding items with the deal origination team to meet the scheduled closing date.
- Collaborate with the KYC Client Management team to ensure full onboarding of entities before closing.
- Periodically request post-closing deliverables from external parties.
- Support the Team Lead on high-level projects and initiatives.
- Mentor and train junior staff, fostering a high-performance culture in a fast-paced, market-driven environment.
Qualifications and Skills
- Bachelor’s degree with 5-7 years of relevant experience in deal execution including the ability to coordinate across Capital Markets, Credit, KYC and Operations.
- Deep understanding of lending products and related credit documentation.
- Strong decision-making skills with the ability to identify, escalate and resolve complex issues.
- Exceptional ability to multitask and prioritize responsibilities under tight deadlines.
- Strong attention to detail with excellent communication and collaboration skills.
- Proficiency in senior loan financings, project finance transactions, and related credit agreement terms.
- Willingness to learn and master SMBC’s proprietary systems.
- Spanish fluency (written and verbal) a plus.
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. 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.
Salary : $138,000 - $185,000