Distribution Risk Specialist
CFA Institute, New York, NY, United States
The anticipated salary range for this role is between $143,000.00 and $185,000.00.
Role Description
Distribution Risk Group (DRG) is seeking a risk management Vice President to play an active role in assisting with the risk management of loan and bond underwriting risk and CLO warehouse financing (referred to at SMBC as distribution risk). The group covers distribution risk for the full spectrum of SMBC's products.
The individual would support senior team members in their analysis of proposed underwriting transactions and monitoring of market trends for indications of changing risk in the existing underwriting pipeline, and interacting with different capital markets groups to trace developments of the syndication process of existing deals.
The individual would also work closely with the head of the group on preparing presentations on distribuiton risk for various management committees.
Role Objectives
Assist senior team members in the evaluation of the distribution risk associated with loan and bond capital markets commitments and CLO warehouse financing through an assessment of the issuer's credit quality, the deal's structure and risk mitigants in the context of current trends in new issuance and a view of investors' demand for proposed deals.
Monitor ongoing trends in the new issue and secondary trading markets for changes in market conditions that may impact the risk of SMBC's existing underwriting pipeline. Incorporate this market view in the analysis of new deal assessment
Evaluate on changes within the existing portfolio of CLO warehouse loans.
Work collaboratively with loan and bond capital markets teams to understand the results of syndication processes and ascertain implications for the risk profile of the existing underwriting pipeline
Support the group head on enhancements of communication to senior management regarding the syndication pipeline and market conditions
Interact with various groups to discuss how insights gained from distribution activity can inform potential techniques for management of loan exposure management
Mentor junior team members
Qualifications and Skills
At least 5 years of experience in corporate banking or debt capital markets or CLO structuring
Knowledge of loan and corporate bond markets. Thorough understanding of the credit distribution business and market trends in order to manage and control the risks related to the distribution business
Sound credit analysis skills
Strong written and verbal communication skills to convey effectively the assessment of risks and risk offsets and explain the rationale for a decision
Strong analytical skills, both qualitative and quantitative; excellent problem-solving abilities and ability to break apart issues and come up to speed on new issues
Able to work proactively across various functions to gain a holistic view of a subject
Establish and maintain a dialogue with these various groups to ascertain any shift in risk presented by the inventory due to changing market circumstances and investor demand
Ability to delivering high quality analysis and product within tight timelines
Strong presentation skills with abilty to articulate a message and concieve most effective visualizations to convey it
Education
BA / BS (required); MA/MS/MBA/CFA preferred
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.
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Role Description
Distribution Risk Group (DRG) is seeking a risk management Vice President to play an active role in assisting with the risk management of loan and bond underwriting risk and CLO warehouse financing (referred to at SMBC as distribution risk). The group covers distribution risk for the full spectrum of SMBC's products.
The individual would support senior team members in their analysis of proposed underwriting transactions and monitoring of market trends for indications of changing risk in the existing underwriting pipeline, and interacting with different capital markets groups to trace developments of the syndication process of existing deals.
The individual would also work closely with the head of the group on preparing presentations on distribuiton risk for various management committees.
Role Objectives
Assist senior team members in the evaluation of the distribution risk associated with loan and bond capital markets commitments and CLO warehouse financing through an assessment of the issuer's credit quality, the deal's structure and risk mitigants in the context of current trends in new issuance and a view of investors' demand for proposed deals.
Monitor ongoing trends in the new issue and secondary trading markets for changes in market conditions that may impact the risk of SMBC's existing underwriting pipeline. Incorporate this market view in the analysis of new deal assessment
Evaluate on changes within the existing portfolio of CLO warehouse loans.
Work collaboratively with loan and bond capital markets teams to understand the results of syndication processes and ascertain implications for the risk profile of the existing underwriting pipeline
Support the group head on enhancements of communication to senior management regarding the syndication pipeline and market conditions
Interact with various groups to discuss how insights gained from distribution activity can inform potential techniques for management of loan exposure management
Mentor junior team members
Qualifications and Skills
At least 5 years of experience in corporate banking or debt capital markets or CLO structuring
Knowledge of loan and corporate bond markets. Thorough understanding of the credit distribution business and market trends in order to manage and control the risks related to the distribution business
Sound credit analysis skills
Strong written and verbal communication skills to convey effectively the assessment of risks and risk offsets and explain the rationale for a decision
Strong analytical skills, both qualitative and quantitative; excellent problem-solving abilities and ability to break apart issues and come up to speed on new issues
Able to work proactively across various functions to gain a holistic view of a subject
Establish and maintain a dialogue with these various groups to ascertain any shift in risk presented by the inventory due to changing market circumstances and investor demand
Ability to delivering high quality analysis and product within tight timelines
Strong presentation skills with abilty to articulate a message and concieve most effective visualizations to convey it
Education
BA / BS (required); MA/MS/MBA/CFA preferred
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.
#J-18808-Ljbffr