New York, NY, US
19 days ago
Trade Finance Product Manager, Vice President

 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 MANUBANK, 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 $166,000.00 and $205,000.00. 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

This position is designed to develop trade finance products ("TF Products")including Account Receivables Finance, Account Payable Finance, Structured Trade Finance like PreExport Finance/Prepayment Finance/Borrowing base Finance, off balance Inventory Finance, FI Trade, Documentary Trade (mainly but not limited to no-IT related product) and also establish and maintain TF Products management framework for GTFD Americas's growth plan.
 

Role Objectives Develop trade finance products ("TF Products")including Account Receivables FInance,Account Payable Finance, Structured Trade Finance like PreExport Finance/Prepayment Finance/Borrowing base Finance, off balance Inventory Finance, FI Trade, Documentary Trade (mainly but not limited to no -IT related). Establish TF Products management framework and implement it within SMBC Americas. Coordinate with relevant departments including Risk Management Department, Credit Department, Head office planning department etc to discuss correct risk against rule Coordinate GTFD Global colleagues to have aligned TF Products development and management. Support origination team from Risk Acceptance and structuring point of view. Expertise Ability to build and maintain a network of relationships with various internal stakeholder to create new products and establish framework Expert knowledge of wide range of TF Products and risk profiles Expert knowledge of bank regulations and compliance matters that adhere to the risk parameters set forth by the bank Demonstrated ability to lead multiple teams and projects simultaneously. Qualifications and Skills Work Experience: 10 +   years of specialized experience in Trade Finance activities and/or TF Products management                                                                                              Education: Required:      BA / BS                                                                 Language skills in Portuguese and/or Spanish is preferred.  Additional Requirements

D&I Commitment

Responsible for fostering a culture of diversity and inclusion, holding leaders accountable for creating an inclusive environment through awareness and practice of equity in recruiting, developing, and promoting diverse talent.

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.


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.

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