Jul 14, 2024

Clarification on Role Responsibilities and Exit Opportunities Credit Analyst

Hi All, 

I come from a power and infrastructure corp dev background and am interested in this role. I want to ensure it's not a back-office or credit risk position. The job title states credit analyst, within the project finance group. Could anyone clarify the primary responsibilities of this role?

Additionally, I am curious about the exit opportunities. Would this role position me well for a move to a private credit institution like HPS, Ares, or Apollo? Alternatively, if I wanted to transition to a stronger bank with a structured finance/project finance advisory role in energy, power, or infrastructure, such as Soc Gen, JP Morgan, or Credit Agricole, would that be feasible?

The role is with Sumitomo Mitsui, and I'm uncertain about the strength of its exit opps. Also, how accurate is the day-to-day job description provided below, as the role is described as a credit analyst within the project finance team? 

JOB POSTING

Your Position Overview

This is a buyside credit analyst position to support the bank’s U.S. leveraged loans investment platform. The analyst is responsible for analyzing and making investment recommendation on broadly syndicated leveraged loan transactions, sourcing investment opportunities across both primary and secondary markets, and monitoring existing investments and assigned industries. Candidates should be highly proficient in fundamental credit analysis across various industries, experienced in financial projection modeling and bank loan credit agreement, and able to work effectively under a regulated banking environment with strict investment guidelines and reporting requirement.

Your Duties and Responsibilities
 

  • Reviews potential assets in assigned products/industries and prepares credit applications and makes investment recommendations.
  • Ensures compliance with applicable investment guidelines and directives from Head Office and Branch Management.
  • Monitors assigned assets/products/industries to maintain credit quality through asset/product/industry appropriate measures, i.e., financial analysis and trends, cross-sectional analysis, cashflow analysis and market value/liquidity.
  • Prepares all applications and reports and makes recommendations on all amendments, refinancings and other ongoing activities.
  • Responsible for all Head Office and Branch monitoring and reporting requirements, including rating review, business review of documentation, regulatory review, booking and financial and portfolio review requirements, with support from Operations Analyst as designated.
  • May conduct business development activities.
  • May conduct or support deal structuring activities.
  • Performs other duties and responsibilities as assigned by management.
     

Your Qualifications
 

  • MBA degree in relevant field or its equivalent with at least 5 years of related experience.
  • Solid knowledge of finance and accounting.
  • Good knowledge of commonly used research resources, including Bloomberg, EDGAR, and rating agencies.
  • Good knowledge of loan markets.
  • Advanced in Microsoft 365 (Excel, PowerPoint, Word, Outlook, and Access) and some modeling capabilities.
  • Excellent oral and written communication skills
  • Experienced in fundamental credit analysis (HY preferred) across a variety of industries
  • Working experience with financial modeling and bank loan credit agreements
  • Ability to actively manage a portfolio of 30+ credits and proactively make buy/hold/sell recommendations
  • Comfortable working under a regulated banking environment with strict investment guideline and reporting requirement.
  • CFA or CFA track preferred.
9 Comments
 

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