At a Glance
- Tasks: Support data-driven credit management and enhance portfolio intelligence.
- Company: Join SMBC Group, a trusted partner in finance with a diverse culture.
- Benefits: Enjoy hybrid working, competitive pay, and wellness support.
- Other info: Inclusive environment with opportunities for career growth and professional development.
- Why this job: Make an impact in sustainable finance while developing your analytical skills.
- Qualifications: 2-5 years in risk management or data analytics; strong Excel skills required.
The predicted salary is between 36000 - 54000 £ per year.
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.
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: We're looking for an Associate for our Credit Planning, Portfolio Intelligence & Sustainability team. The role will support the development of forward-looking, data-driven credit management capabilities across portfolio intelligence, credit transformation, data & MI, sustainability risk and credit cost management. The Associate will work as a Business Analyst, supporting analysis, data modelling, testing, documentation, reporting and automation activities across the team.
Essentials of the role:
- Support portfolio analysis, management reporting, data validation, dashboard development and reporting automation.
- Assist business analysis, requirements gathering, process documentation, testing and implementation for credit transformation initiatives.
- Prepare high-quality materials and analysis for governance, portfolio review and management discussion.
Candidate requirements:
- 2-5 years' experience in risk management, finance, data analytics, credit risk, business management or a related discipline.
- Strong analytical capability, attention to detail, written communication skills and ability to work with data.
- Advanced Excel and PowerPoint skills; Power BI, SQL, Python or business analysis experience would be desirable.
The anticipated salary range for this role is £36,000 - £54,000 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: Credit Planning is a strategic capability-building function within EMEA Credit Department. The team develops forward-looking, data-driven credit management capabilities across credit cost management, portfolio intelligence and credit transformation. It works closely with senior management, Credit Risk, Front Office, Data and global stakeholders to strengthen portfolio oversight, credit cost management and alignment with the Bank's global risk framework.
Responsibilities:
- Credit Cost & Problem Asset Management: Assist preparation of credit cost analysis and IFRS & JGAAP standard report. Support problem asset monitoring and reporting activities. Prepare management information used in governance forums. Support production of regular portfolio risk reporting. Assist preparation of governance materials and committee papers. Maintain process documentation and operating guidance. Support maintenance of controls and governance standards.
- Data & Management Information: Support development of data and reporting infrastructure. Validate data used within management reports. Support dashboard development and data visualisation. Contribute to reporting automation initiatives.
- Portfolio Intelligence: Support the delivery and enhancement of portfolio intelligence capabilities. Support portfolio analysis activities. Support early warning monitoring and deterioration tracking. Assist with portfolio reviews and risk trend analysis. Support stress testing exercises and scenario analysis. Contribute to development of portfolio monitoring methodologies.
- Credit Transformation: Support strategic change initiatives across EMEA Credit Department. Support global credit transformation (GCTx) and associated system integration project activities. Assist business analysis and requirement gathering. Support process redesign and documentation. Participate in testing and implementation activities. Support identification of operational efficiency opportunities.
Knowledge, Skills, Experience and Qualifications:
- 2-5 years' experience in Risk Management, Finance, Data Analytics, Credit Risk, Business Management or related disciplines.
- Experience working with management reporting, data analysis or process improvement. Banking or financial services experience desirable.
Knowledge:
- Understanding of basic credit risk concepts and banking products.
- Understanding of management information and reporting processes.
- Awareness of governance and control environments.
- Interest in portfolio management, sustainability risk and credit transformation.
Skills:
- Analytical: Strong analytical and problem-solving capability. Ability to work with large data sets and identify patterns. Strong attention to detail.
- Communication: Strong written communication skills. Ability to prepare professional management materials. Ability to communicate effectively with stakeholders.
- Delivery: Strong organisational skills. Ability to manage multiple priorities. Continuous improvement mindset. Desire to challenge existing processes and identify efficiencies.
Technical Skills:
- Essential: Advanced Excel. PowerPoint. Data manipulation and reporting capability.
- Desirable: Power BI. SQL. Python. Process mapping and business analysis techniques.
Qualifications:
- Degree in Finance, Economics, Business, Mathematics, Statistics, Data Analytics or related discipline. Relevant professional qualification desirable.
Competencies:
- Customer Focus
- Driving Change
- Driving Results
- Embraces Diversity
- Enterprise Leadership
- Judgement and Decision Making
- Risk Management
- Strategic and Visionary
- Trust and Integrity
What we offer: For all the expertise and experience you bring to help us make a difference, it's only sustainable if we support you to build your career and be your best self so we offer competitive company benefits, centred around promoting positive well-being and work-life balance. We also believe in fostering a diverse and inclusive work environment, where all team members' perspectives and contributions are valued. Initiatives in place which promote a diverse and inclusive culture and healthy work-life balance include hybrid working, Sport & Social Clubs and Diversity and Inclusion networks. As an employee of SMBC you have access to a host of both useful and exciting benefit offerings.
See below some of the benefits on offer to you:
- Hybrid and flexible working
- Competitive paid leave days
- Benefits to support your physical wellbeing, including private medical insurance and life and invalidity insurance
- Various policies to support your mental wellbeing, including a robust behavioural health network with counselling and coaching services
- Access a wide range of learning and development opportunities and career progression opportunities
- Ambitious remuneration package
We recognise our role as a bank to support social change and welcome all applications, including those from groups often under-represented in financial services. We value the uniqueness of professional and personal backgrounds and perspectives as they play a vital role in continuing the sustainable growth of our organisation. We'll ensure reasonable adjustments to our recruitment process are offered due to a disability or long-term condition whenever requested. We are committed to transparent and equitable pay practices. Compensation is determined using objective criteria, including skills, experience, and role responsibilities, and applied consistently throughout our recruitment processes. We do not request candidates' pay history and are committed to preventing unjustified pay disparities.
CD - Credit Risk Management - Associate in London employer: Sumitomo Mitsui Financial Group, Inc.
SMBC Group is an exceptional employer that fosters a collaborative and innovative work culture in the heart of London. With a strong focus on employee growth, we offer comprehensive training and development opportunities, ensuring our team members thrive in their careers while contributing to impactful regulatory projects. Our hybrid working model promotes flexibility, allowing you to balance professional and personal commitments effectively.
Contact Details:
Sumitomo Mitsui Financial Group, Inc. Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land CD - Credit Risk Management - Associate in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Sumitomo Mitsui Financial Group, Inc.. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace CD - Credit Risk Management - Associate in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Sumitomo Mitsui Financial Group, Inc..
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Sumitomo Mitsui Financial Group, Inc.'s website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Sumitomo Mitsui Financial Group, Inc.
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Sumitomo Mitsui Financial Group, Inc..
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Sumitomo Mitsui Financial Group, Inc. will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Sumitomo Mitsui Financial Group, Inc. employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
