Job Information
SMBC Business COO / CAO / Mgmt - Associate in Cuidad de Mexico, Mexico
Role Description
This is an associate position within the Latin America Department / Americas Division (LADA) at SMBC, within SOFOM. The candidate is responsible for providing full support to the SOFOM’s General Manager in front-middle and reporting activities. The position reports to the General Manager (Director General) of SOFOM. The candidate will be required to work jointly with other departments within SMBC such as Front Office, Planning, Middle Office, Treasury Department, Legal, Compliance, among others, as well as with external vendors in order to assure compliance with all SMBC related reporting, regulatory and monitoring requirements as well as to satisfy SOFOM’s client’s needs and to provide good service to the SOFOM’s client base. He/she will be expected to have strong technical skills in legal, financial analysis, reporting and credit related matters (front-middle office), as well as problem solving, communication and interpersonal skills.
Role Objectives: Delivery
Provide support to the SOFOM General Manager in the following matters:
Closing of Transactions: Ensures the credit agreements contains appropriate language, from a legal, structural an operational perspective, in accordance with the applicable regulations, as well as with SOFOM’s policies and procedures. Also ensures covenants are properly set-up in the Covenant Compliance system.
Control of Funding Sources: Maintains control of the current funding sources and monitors availability of these in order to ensure funding availability for transactions (requests for line increases when necessary and seeks for alternative funding sources). Also executes transfers of fundings when necessary (from SMBC NYB to development banks’s line and viceversa, preemptive funding to development banks’ line, etc.).
Day-to-day maintenance of transactions: Makes follow-up to interest payment dates and amortization dates and liaisons with Controllers and Back-Office teams in order to reconcile amounts and dates of fees, interest accruals and amortizations and submits tax invoices for customers. Also liaises with Front, Middle and Back-Office + Treasury Department whenever any change to the structure of the transaction occurs.
Ensures all SOFOM regulatory and internal reporting is completed on a timely basis, containing accurate information.
Ensures SOFOM complies with Corporate Governance policies established for SOFOM (including all the required internal reports NYB and Tokyo).
Liaises with external local Legal Counsel in regard to transactions to be closed and corporate matters.
Contributes to the development and implementation of new products and funding sources for SOFOM, as well as strategic projects for the development of SOFOM.
Issuance of new policies and procedures as per the business evolution and provides constant maintenance/update of these.
Provides support in internal/external audits.
Qualifications and Skills
Bachelor's Degree in Accounting or Finance. MBA or Masters will be considered a plus.
Minimum 5+ years of relevant professional experience preferably at international banks or boutique investment banks with a presence in Latin America.
Experience in administrative, middle-back office and accounting areas.
Strong organizational, analytical and problem-solving skills.
Fully bicultural individual, with exposure to diverse cultural and business environments.
Relevant credit knowledge and technical expertise.