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SMBC Portfolio Monitoring & Planning Agency - Associate in New York, New York

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 Rail Services LLC, Manufacturers Bank, 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 $150,000.00 and $200,000.00. 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

Coordinate the flow of information between borrowers and lenders to ensure the smooth administration of commercial real estate and project finance transactions. To the extent that a borrower requires approval from lenders regarding any matter, work with the borrower and senior team members to advise on and help structure the request so as to be acceptable from a credit perspective, and work with the lenders to ensure that receipt of lenders approval is obtained within the scheduled time frame. Review requested loan activity and supporting documents for compliance with financing documents. Confirm that borrower submitted reporting requirements conform to the financing documents; distribute to lenders. Act as backup on assigned transactions when primary team member is out of the office.


Proactively manage the Bank’s relationship with borrowers and other lenders for those transactions in which SMBC acts as the Administrative Agent. Role is primarily transactional with a high degree of customer contact. This position reports to the Agency Team Leader.

Role Objectives

The job responsibilities are described herein:

  • Review and approve flows of funds (e.g. loan drawdowns, payment of operating expenses, distributions, etc.) per conditions precedent (“CPs”) for such flow of funds and evaluate whether the presented materials meet each of the required CPs.

  • Perform callbacks to customers to confirm requested transaction activity.

  • Coordinate funding activity with operations teams.

  • Working with senior team members, manage amendment, consent and waiver requests from initial request from borrower, drafting of documentation, coordinating with outside counsels and consultants, and obtaining lenders' approvals.

  • Review compliance documents submitted by the Borrower for completeness and accuracy.

  • Follow up with borrowers for overdue compliance documents.

  • Distribute compliance documents to the bank group.

  • Ensure documents are properly filed and/or placed in safekeeping.

  • Respond to ad hoc information requests from lenders.

Qualifications and Skills

  • Commerical real estate transaction financial structures and legal documentation knowledge.

  • Project finance transaction structures and legal documentation knowledge.

  • Awareness of effects of amendment, consent and waiver requests in terms of credit risks and structures of transactions.

  • Familiarity with Export Finance Agency supported credits.

  • Very strong organizational skills and attention to detail.

  • Ability to balance competing deadlines.

  • Ability to communicate clearly and logically (written and verbal.)

Work Experience:

  • 2 to 5 years of specialized experience in Financial Services

  • Previously held a position in project finance agency or portfolio monitoring department of a lending institution strongly preferred.


  • Required: BA / BS

Language Skills:

  • Business fluency in English, Spanish fluency a strong plus.

Software Systems / Programming Languages

  • MS Office Suite - Excel, Word, Teams, PowerPoint;

  • Knowledge of Loan IQ 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.

We are an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, disability status, protected veteran status or any other characteristic protected by law. SMBC provides reasonable accommodations for employees and applicants with disabilities consistent with applicable law. If you need a reasonable accommodation during the application process, please let us know at accommodations@smbcgroup.com.