Portfolio Monitoring Analyst - New York, United States - SUMITOMO MITSUI TRUST BANK, LIMITED

SUMITOMO MITSUI TRUST BANK, LIMITED

Verified Company

New York, United States

2 weeks ago

Posted by:

Mark Lane

beBee recruiter

Description

About the Bank

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 one of the largest asset managers in Asia and number one among Japanese financial institutions by AUM, with approximately $850 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 Real Estate Finance Department ("REF") is responsible for originating, booking and monitoring credit facilities for both bilateral and syndicated real estate loan transactions.

REF focuses on building and monitoring portfolio assets in the Real Estate product area.

Position Overview:

Responsible for portfolio monitoring, transaction management, supporting review & approval of construction draws, site visits, and market / submarket information for the New York Branch Real Estate Team.

Responsibilities:

Supports Credit Analysts and CRE Team with:
Reviewing construction draws
Amendments and waivers
Monthly & quarterly asset management
Lease approvals
Visit project / property markets and job sites for due diligence and periodic monitoring purposes.
Monitor portfolio to ensure compliance with property reporting deadlines, financial covenants, and construction milestones.
Maintains monthly monitoring / asset management file for NY Branch's CRE portfolio.
Supports market, submarket, and comp analysis for new and existing transactions.
Performs other duties and responsibilities as assigned by management.

Knowledge, Skills and Abilities

Bachelor's degree in Finance, Economics or relevant field with 2+ years of related experience.
2+ years of banking experience is preferred.
General knowledge of banking principles and/or loan markets.
Excellent organization skills and detail oriented.
Good interpersonal skills for teamoriented environment.
Proficient in Microsoft 365 (Excel, PowerPoint, Word, Outlook, and Access).
Excellent oral and written communication skills.