Job Description

Job Description

This position is for an Officer level candidate.

About the Bank

Sumitomo Mitsui Trust Bank, Limited was established through the merger of The Sumitomo Trust and Banking Co., Ltd with Chuo Mitsui Trust and Banking, Ltd. on April 1, 2012. We are one of the largest asset managers in Asia and number one among Japanese financial institutions by AUM, with approximately $850 Billion USD in AUM. The Bank provides an assortment of financial solutions and manages a broad spectrum of financial products across its global branches.
Department Overview

The Americas Division (“AD”) was established in the Sumitomo Mitsui Trust Bank, Limited, New York Branch) (“SMTBNY”) to perform corporate functions and supervise U.S. entities. Established under the AD are the “Global Banking Unit (“GBU”), Americas Division” and “Global Markets Unit (“GMU”), Americas Division” which performs business functions. The Credit Investment Management Department (“CIM”) is responsible for the booking and administering of (i) leveraged loan assets and (ii) structured product assets including CLOs (note investments and warehousing facilities) and MML Senior Financing through maturity or refinancing in accordance with the Branch’s lending policy.

Your Position Overview:

The Structured Credit CLO analyst’s main responsibilities include credit evaluation of current CLO market new deal offerings, monitoring active deals in current CLO portfolio, seeking approvals from Tokyo Head Office, liaison between multiple internal departments at SMTBNY such as legal, accounting, operations etc. and external counterparties including, but not limited to, arranging banks and asset managers.

Your Duties and Responsibilities

1. Reviews potential assets in assigned products/industries and prepares CLO credit applications and makes investment recommendations.
2. Ensures compliance with applicable investment guidelines and directives from Head Office and Branch Management.
3. Monitors assigned assets/products/industries to maintain credit quality through asset/product/industry appropriate measures, i.e., financial analysis and trends, cross-sectional analysis, cashflow analysis and market value/liquidity.
4. Prepares all applications and reports and makes recommendations on all amendments, refinancings and other ongoing activities.
5. Responsible for all Head Office and Branch monitoring and reporting requirements, including rating review, business review of documentation, regulatory review, booking and financial and portfolio review requirements, with support from Operations Analyst as designated.
6. May conduct business development activities.
7. May conduct or support deal structuring activities.
8. Performs other duties and responsibilities as assigned by management.

Your Knowledge, Skills, and Abilities:

1. Bachelor’s degree in Finance or Economics or equivalent with 2+ years related experience.
2. Good knowledge of finance and basic accounting.
3. Good knowledge of commonly used research resources, including Bloomberg, EDGAR, and rating agencies.
4. Good knowledge of corporate finance transactions.
5. Good knowledge of loan markets.
6. Advanced in Microsoft 365 (Excel, PowerPoint, Word, Outlook, and Access), and some modeling and programming capabilities preferred.
7. Basic understanding of US credit market and products such as HYL, securitized products (including CLO) and MML.
8. Knowledge of Intex, Bloomberg, Capital IQ a plus.
9. Excellent written and oral communication skills.

Why you should join SuMi Trust:

SuMi Trust embraces flexible ways of working when the business and role permits. We provide employees with a hybrid working model, allowing for in-office work and work from home. Our diverse and inclusive environment along with our global presence enables us to collaborate and communicate to meet our business needs. We believe that efficient teams need truth, loyalty, and a strong sense of purpose to balance risk and their targets. We make sustainable business decisions to improve our society and the world. We believe that each person brings a unique value that drives the business though their creativity and passion.

• The Employee Benefits package includes: Paid Time Off, medical, HSA, vision, dental, FSA, 401(k), profit sharing, legal plan, cancer indemnity plan, disability insurance, life insurance, employee assistance program, commuter benefits, business travel accident, paid volunteer day, paid memberships, paid seminars, and tuition assistance.
• We offer many socialization opportunities for wellness, financial wellbeing, runs/walks, team building, happy hours, and activities to support the Sustainable Developmental Goals.
• Check out our LinkedIn for our employee experience: https://www.linkedin.com/company/smtbny

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. SuMi Trust 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 when the Human Resources staff reaches out to you for an interview.

The anticipated salary range for this role is listed above. The specific salary offered to an employment applicant is based on the individual’s qualifications, experiences, the job responsibilities, an analysis of the current compensation paid for similar roles in the local geographic area, and key distinctions of the job as compared to current jobs in the Branch. The role may also be eligible for an annual discretionary bonus.