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

• 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.

• Bachelor's degree in Accounting, Finance, Real Estate Finance, Economics or relevant field with 3+ years of related experience.
• 3+ years of banking experience is preferred.
• General knowledge of banking principles and/or real estate lending markets.
• Excellent organization skills and detail oriented.
• Good interpersonal skills for team-oriented environment.
• Proficient in Microsoft 365 (Excel, PowerPoint, Word, Outlook, and Access).
• Proficient in Argus.
• Excellent oral and written communication skills.

Why you should join SuMi Trust:

SuMi Trust embraces flexible ways of working when the business and role permits. We provide employees with a hybrid working model, allowing for in-office work and work from home. Our diverse and inclusive environment along with our global presence enables us to collaborate and communicate to meet our business needs. We believe that efficient teams need truth, loyalty, and a strong sense of purpose to balance risk and their targets. We make sustainable business decisions to improve our society and the world. We believe that each person brings a unique value that drives the business though their creativity and passion.

• The Employee Benefits package includes: Paid Time Off, medical, HSA, vision, dental, FSA, 401(k), profit sharing, legal plan, cancer indemnity plan, disability insurance, life insurance, employee assistance program, commuter benefits, business travel accident, paid volunteer day, paid memberships, paid seminars, and tuition assistance.
• We offer many socialization opportunities for wellness, financial wellbeing, runs/walks, team building, happy hours, and activities to support the Sustainable Developmental Goals.
• Check out our LinkedIn for our employee experience: https://www.linkedin.com/company/smtbny

We are an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, disability status, protected veteran status or any other characteristic protected by law. SuMi Trust provides reasonable accommodations for employees and applicants with disabilities consistent with applicable law. If you need a reasonable accommodation during the application process, please let us know when the Human Resources staff reaches out to you for an interview.

The anticipated salary range for this role is listed above. The specific salary offered to an employment applicant is based on the individual’s qualifications, experiences, the job responsibilities, an analysis of the current compensation paid for similar roles in the local geographic area, and key distinctions of the job as compared to current jobs in the Branch. The role may also be eligible for an annual discretionary bonus.