Overview of Structured Finance Credit Office (“SFCO”)
SFCO (formally known as Investment Banking Credit Division) is a 2LoD function responsible for analysing,
approving, sanctioning and monitoring the credit quality of structured finance transactions, including;
Project Finance
Structured Trade Finance
Aircraft Finance
Asset-backed Finance (inc. Securitisation)
SFCO is a global department, office being located in Tokyo, New York, Los Angeles, Singapore and
London. London office (SFCO (EMEA)) is responsible for the EMEA region and we work closely to ensure
global consistency in credit approvals.
Overview of Credit Office for EMEA (“ECrO”):
ECrO is a 2 nd Line of Defence (“2LoD”) function responsible for corporate banking credit for non-Japanese
corporates, non-Japanese FIs, and non- Japanese Sovereigns (collectively Global Corporates).
Its major functions are outlined as follows:
Assessment and management of credit risks and related risks
Assessment and management of country risks
Management of problematic assets
Monitoring, reporting and early action
Portfolio analysis and management
Purpose of the Role
To support Group Heads to direct the continuous development of CIB Credit for EMEA’s credit risk
framework, risk appetite portfolio monitoring and early warning frameworks in line with shareholders,
client and regulatory expectations.
To make recommendations to senior management on transaction specific files as well as continuously
and actively monitoring the portfolio in line with internal policies and applicable regulatory guidelines.
Key Responsibilities
· Support Group Heads on the following;
· Credit counterpart to the 1 st Line of Defense (“1LoD”) relationship managers and applicable
product offices, including divisional heads where necessary.
· Provide timely and succinct advice or briefings (in verbal or written form) to senior London and
Tokyo management, including Chief Credit Officer for EMEA, Regional Executive for EMEA
(“REE”) and Executive in Charge of Credit (“ECC”).
· Proactive solutions driven engagement with front line on deal specific and/or strategic
developments through expert guidance, direction, feedback and identification of red flags or
breaches of internal guidelines and policies.
· Conduct credit analysis of certain allocated sectors/products including drafting of credit papers,
application of rating methodology, preparation of comparative statistics, graphs and tables
under the guidance of senior management.
· Monitor/review existing portfolio transactions and make recommendations in terms of credit and
rating decisions.
· Work on ad-hoc projects, as instructed by Group Head or senior management, to setup/adjust
the risk criteria/policy and to improve the quality of portfolio.
· Follow the trend, market, and developments in certain allocated sectors/products, EMEA
countries, players and financial/legal structures and share those with the team.
· Support the development of more junior colleagues in the team and share technical knowledge
of certain allocated sectors/products.
· As required, prepare reports for Tokyo Head Office and European Headquarters as well as
creating credit committee materials.
· To comply with all regulatory and compliance procedures.
· Responsible for meeting internal policy requirements.
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