Agency & Execution - Associate

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 $75,000.00 and $. 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.

SMBC is seeking a professional to join the Loan Capital Markets Middle Office to support the execution and settlement of secondary loan trades. This role is responsible for managing the end-to-end closing and settlement process for par and distressed secondary transactions, working closely with trading desks, operations, legal counsel, and agent banks to ensure timely and accurate trade execution.

• Manage the end-to-end secondary loan closing process, including trade capture through settlement.
• Prepare and review trade documentation (participation agreement, assignment and acceptance agreement, trade confirmation, funding memo, settlement notice).
• Coordinate execution of Par/Near-Par (LSTA) settlements, as applicable.
• Coordinate funding memos / flow of funds and settlement mechanics with internal operations and external agent banks.
• Monitor trade settlement timelines, and act as primary point of contact for trade settlement, proactively manage delays or escalations.
• Resolve settlement breaks, cash discrepancies, and delayed compensation claims.
• Liaise with trading desk, legal, agent banks, counter parties, and operations teams to ensure timely execution
• Coordinate KYC/AML and counter party onboarding, as needed.
• Ensure compliance with internal policies, regulatory requirements, and KYC standards.
• Maintain accurate booking and reconciliation of positions across systems (e.g., Clear Par / LoanIQ).
• Monitor and report settlement delays, while partnering with the trading desk to identify next steps and determine an appropriate resolution strategy.

• 3–5+ years of experience in loan closing, loan operations, or secondary loan trading support
• Work experience in a corporate bank or other financial institution including syndications team is preferred
• Education:
  
  BA / BS required
• Strong understanding of:
  Secondary loan trading (LSTA/LMA frameworks), Assignment agreements and settlement mechanics, and Credit agreements…