Sumitomo Mitsui Trust Bank, Limited was established through the merger of The Sumitomo Trust and Banking Co., Ltd with Chuo Mitsui Trust and Banking, Ltd. on April 1, 2012. We are the largest asset manager in Asia and number one among Japanese financial institutions by AUM, with $1,142 Billion USD in AUM. The Bank provides an assortment of financial solutions and manages a broad spectrum of financial products across its global branches.

Department Overview

The Americas Division (“AD”) was established in the Sumitomo Mitsui Trust Bank, Limited, New York Branch) (“SMTBNY”) to perform corporate functions and supervise U.S. entities. Established under the AD are the “Global Banking Unit (“GBU”), Americas Division” and “Global Markets Unit (“GMU”), Americas Division” which performs business functions. The Credit Investment Management Department (“CIM”) is responsible for the booking and administering of (i) leveraged loan assets and (ii) structured product assets including CLOs (note investments and warehousing facilities) and MML Senior Financing through maturity or refinancing in accordance with the Branch’s lending policy.

Position Overview:

The Structured Credit CLO analyst’s main responsibilities include credit evaluation of current CLO market new deal offerings, monitoring active deals in current CLO portfolio, seeking approvals from Tokyo Head Office, liaison between multiple internal departments at SMTBNY such as legal, accounting, operations etc. and external counterparties including, but not limited to, arranging banks and asset managers.

Duties and Responsibilities

Reviews potential assets in assigned products/industries and prepares CLO 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.

Knowledge, Skills, and Abilities:

Bachelor’s degree in Finance or Economics or equivalent with 2+ years related experience.
Good knowledge of finance and basic accounting.
Good knowledge of commonly used research resources, including Bloomberg, EDGAR, and rating agencies.
Good knowledge of CLO / HYL product and market and relevant work experience in CLO investment (both primary and secondary) strongly favored.
Good knowledge of corporate finance transactions and loan markets.
Advanced in Microsoft 365 (Excel, PowerPoint, Word, Outlook, and Access) and some modeling capabilities.
Knowledge of Intex, Bloomberg, Capital IQ a plus.
Excellent written and oral communication skills.