Account Manager - Large Cap & Corporate Leveraged Finance - AVP - SMBC - #2159102

SMBC: A trusted partner for the long term

Here at SMBC Group, we want to help you find the next step in your career so read on to discover if this opportunity is the one for you. We like to recognise potential in our people, so we welcome your application even when your experience doesn't perfectly align with the job description. Whilst we'll always strive to be better, we're proud of our inclusive culture, and encourage our applicants and colleagues to be their authentic, unique selves.

Who we are

United by a sense of purpose towards our customers - to be a trusted partner for the long-term - and our universal banking platform in EMEA, SMBC Group has an international growth agenda and award-winning products, meaning we provide exciting opportunities to work on a diverse range of projects and initiatives. We deliver a full suite of corporate finance products and solutions to our customers as well as investment banking and advisory services, and a range of innovative solutions in global capital markets. Read on to find out how you could enhance your skills and gain valuable experience, by joining us to support our clients transition to a sustainable future.

Role Summary

Is the next step in your career at SMBC Group EMEA? We're looking for an Account Manager (Assistant Vice President) to join our Specialised Products Department - Large Cap Leveraged Finance Portfolio Management team in London.

This role is focused on ensuring the effective, proactive management of our European Corporate Leverage Portfolio, whilst also managing selected European Large Cap Leveraged Finance Borrowers, to manage the associated credit risks and ensure any material adverse developments are reported in a timely manner to key stakeholders.

The role includes responsibility for managing leveraged loan exposures and supporting ancillary banking products including Derivatives, Trade Finance, Deposits and Working Capital Facilities.

The primary objectives are to:

• proactively manage our portfolio of European Corporate Leverage Borrowers across multiple products, including Leveraged Loans, Derivatives, Trade Finance and other ancillary facilities, whilst also managing selected European Large Cap Leveraged Finance Borrowers.
• work closely with our Corporate Leverage Origination, Sponsor Coverage and Origination colleagues to help drive new business opportunities from the existing portfolio.
• support the identification, execution and ongoing management of financing opportunities arising from the portfolio, including leveraged loans, refinancings, ancillary product opportunities (FX, Derivatives, Trade Finance, Deposits and Working Capital Facilities) and proactive asset recycling activities.
• support the wider Large Cap Leveraged Finance team in maintaining selected borrower and sponsor relationships on allocated sponsor-backed portfolio accounts where appropriate.

Ideally we are looking for a candidate with:

• Knowledge and understanding of the European Leveraged Finance market.
• Sound credit / risk analysis skills gained preferably through exposure to European leveraged finance transactions, with an ability to analyse / interpret Audited/Unaudited Historic Financial Statements, Financial Due Diligence, forward looking financial data (Budgets, Forecasts, Projections etc.) along with Cash Flow modelling skills and sound knowledge of Excel.
• Knowledge of ancillary banking products including Derivatives, Trade Finance, Deposits and Working Capital Facilities.
• Good Communication Skills with an ability to work as part of a team both internally within SPD and outside SPD with other parts of the Bank.

The anticipated salary range for this role is £75,000 - £113,000, with the final offer determined based on the candidate's skills, experience, role scope, location, and relevant market factors. In addition to base salary, the role may be eligible for a discretionary incentive award and a competitive benefits package, including core benefits such as pension provision.

Business Area

This role, based in London, offers hands-on responsibility for managing a high-profile European Corporate Leverage portfolio whilst also providing exposure to selected European Large Cap Leveraged Finance Borrowers.

The role includes responsibility for managing leveraged loan exposures alongside ancillary banking products including Derivatives, Trade Finance, Deposits and Working Capital Facilities.

It combines deep credit expertise with commercial exposure and the opportunity to contribute directly to portfolio growth and revenues by supporting informed decision-making across the department and strengthening collaboration between Portfolio Management, Origination, Sponsor Coverage, Product Partners and Credit.

Position Description

The primary objectives are to:

• proactively manage our portfolio of European Corporate Leverage Borrowers across multiple products, including Leveraged Loans, Derivatives, Trade Finance and other ancillary facilities, whilst also managing selected European Large Cap Leveraged Finance Borrowers. This requires the first level credit / financial / risk analysis to be undertaken within SPD and to be presented to Credit Sanctioning Department.
• work closely with our Corporate Leverage Origination, Sponsor Coverage and Origination colleagues to help drive new business opportunities from the existing portfolio.
• support the identification, execution and ongoing management of financing opportunities arising from the portfolio including leveraged loans, refinancings, ancillary product opportunities (FX, Derivatives, Trade Finance, Deposits and Working Capital Facilities) and proactive asset recycling activities.
• support the wider Large Cap Leveraged Finance team in maintaining selected borrower and sponsor relationships on allocated sponsor-backed portfolio accounts where appropriate.

Under the guidance and support of a VP and/or Director, the role also entails ongoing / close interaction with and reporting to key internal and external stakeholders.

Key Responsibilities:

Portfolio Management: With support from a VP and/or Director, pro-actively manage a portfolio of European Corporate Leverage Borrowers and selected Large Cap Leveraged Finance Borrowers across leveraged loans and ancillary banking products, including:

ongoing analysis of a Borrower's financial performance;

the preparation of required Monitoring Reports;

regular reporting to Line Manager, Group Head, SPD Management and Credit Department on Borrower's performance;assigning / reviewing Borrower internal ratings