Corporate Banking Operations Assistant Vice President

Role Summary

Is the next step in your career at SMBC Group EMEA? We’re looking for a Assistant Vice President for our Execution, Distribution and Limit Control Middle Office to join our team. 

Operational subject matter expert in loan, trade and derivative documentation. Proactively providing support to all EMEA Front Office business departments for the efficient execution and control of new transaction covering loan, derivative and trade finance products. Including the review of contractual documentation and subsequent booking in operational systems.

To ensure lending documentation is consistent with key terms and conditions of credit applications and all pre and post conditions are satisfied accordingly. Where required, identify and refer any new products or processes for review of New Products and Processes committee.

Provide key controls to Front Office, RMD, CD and OAD, ensuring rules and procedures are adhered to. Quality of data input is fundamental in supporting accurate internal and external regulatory reporting.

Accountabilities and Responsibilities 

• Review and approve all lending documentation, ensuring operational aspects are controllable and in accordance with agreed procedures.
• Execution and approval of consistency check between lending documentation and credit approval in GBR, providing final sign off of Key Terms & Conditions, including fulfilment of credit conditions.
• Execution and approval of credit limits in the banks operating systems - FOX, LOAN IQ, OBS, MONTRAN and PROFILE, ensuring all prerequisite requirements are met in relation to local and regulatory validations.
• Review risk mitigating documentation, including Credit Risk Insurance and Sub/Risk Participation.
• Escalation of the risk issues impacting transactions, both from an internal policy perspective and from a regulatory perspective, allowing for acknowledgment and acceptance where required.
• Development of procedures and business process flows with Front Office & Finance Dept for unstructured transactions, ensuring booking methodology is agreed and understood.
• Constructively challenge and influence change to enhance business performance for the Section and Department to ensure best practise is established. 
• Participation in project related work for both Departmental and Bank wide initiatives.