Title: Vice President
HK

Sumitomo Mitsui Banking Corporation (三井住友銀行) (incorporated in Japan with limited liability) is one of the major international banks and a leading arranger of specialized financial products worldwide. The Bank's Hong Kong Branch is now seeking high calibre individuals with long-term career objectives to apply for the following position:
Vice President -
Loan Capital Markets Dept, Asia Pacific - Securitisation & Capital Solutions, Asia
Job Duties & Responsibilities:
• Portfolio Management: Monitor and manage the credit portfolio, ensuring that it aligns with the company’s risk appetite and strategic objectives. Analyze portfolio performance metrics and implement strategies to optimize returns. Expertise across investment grade and high yield / private credit assets
• Experience in managing and implementing strategic projects and / or new initiatives that require front-to-back alignment to benefit the firm
• Risk Assessment: Conduct thorough assessments of credit risk within the portfolio and develop frameworks for risk mitigation. Identify potential risks and implement proactive measures to address them.
• Strategic Development: Collaborate with senior leadership to develop and execute credit mitigation strategies that support overall business goals. Provide insights and recommendations based on market trends and portfolio performance. Knowledge of risk transfer and hedging tools including credit insurance and SRTs
• Reporting: Prepare and present comprehensive reports on portfolio performance, risk analysis, and strategic initiatives to stakeholders, including senior management.
• Stakeholder Engagement: Build and maintain relationships across internal and external stakeholders, including auditors and regulatory bodies as required. Engage with business units to identify opportunities for growth and cross-selling. Collaborating with second line of defense risk functions such as credit risk, market risk, reputational risk.
Requirements:
• Extensive Experience: 10 years of direct experience at leading financial institutions in financing or financing related activities, balance sheet management, and relationship management with borrowers/investors
• Technical Proficiency: Comprehensive technical expertise across a range of products and markets in the APAC region, including an in-depth understanding of China cross-border regulation or banking regulations to optimize capital efficiency.
• Product Development Experience: Extensive experience in product development through collaboration with front-to-back functions in a large global bank.
• Strong understanding of borrowers/issuers demand, credit risk management, financial analysis, and portfolio management
• Regulatory Knowledge: sound understanding of regulatory regimes and compliance standards across the region
• Language Skill: Can speak fluent English & Cantonese as well as Mandarin, which is crucial to take mandate from borrowers/issuers in HK market
• Professional qualification CFA, SFC Type 1,4,6
Please apply with detailed resume stating latest and expected salary.
SMBC is an equal opportunity employer. We are committed to fostering a diversified and inclusive workplace and removing barriers to provide equal access to employment.
Note on Mandatory Reference Check ("MRC") Scheme:
The MRC Scheme seeks to address the "rolling bad apples" phenomenon in the banking sector in Hong Kong, i.e. situations where individuals who engage in misconduct during their employment in one institution are able to obtain subsequent employment in another institution without disclosing their misconduct to the new employer. Against this background, the HKMA proposed a framework to facilitate Authorized Institutions ("AIs") to bilaterally obtain reference information during their recruitment process for certain positions, such that misconduct information in an individual's previous employments can be provided to AIs to inform their employment decisions.
For in-scope positions, satisfactory completion of MRC process is pivotal for the consideration of employment decision. For details, you may visit HKMA's website and refer to the latest FAQs issued by HKAB. Further details will be shared on request if your application is being proceeded.
Application details will be used only for recruitment purposes, and will be destroyed after 1 year. Applicants not contacted after 6 weeks may consider their applications unsuccessful.