Director, Enterprise Risk & Capital Management

SMBC Group; Greater London; Hybrid; GBP 112,000 - 168,000; Full time

Benefits offered by this job

Hybrid working

Competitive paid leave

Private medical insurance

Life and disability insurance

Learning & development opportunities

Job summary

SMBC Group EMEA is seeking an Enterprise Risk Director to lead the Capital Assessment team within the Risk Management Department. This senior role combines strategic oversight with hands-on delivery to ensure robust capital assessments across SMBC-BI, CM Ltd., and DP Ltd., including ICAAP and ICARA.

The role offers hybrid working and a competitive benefits package, with a salary range of £112,000–£168,000. The successful candidate will drive the development of risk assessment processes, mentor a

Qualifications

• Demonstrable experience in enterprise risk management within banking or financial services, including capital assessment work.
• Experience managing and developing a team, including setting priorities, overseeing delivery and supporting team members’ development.
• Strong working knowledge of ICAAP and ICARA, capital adequacy assessment, stress testing and relevant Pillar 2 calculations.
• Experience leading or overseeing annual and ad hoc capital assessments, analysing key risk drivers and reflecting business model changes and regulatory requirements.
• Strong understanding of capital risk appetite, including the use of quantitative and stress-based measures.
• A track record of improving risk processes and controls, including producing clear documentation, templates and scalable, repeatable reporting.
• Ability to analyse and interpret complex capital and risk information and communicate it clearly and concisely to senior management, governance committees and Boards.

Responsibilities

• Lead the annual and ad hoc production of capital assessments for in-scope entities, including analysis of key capital drivers at an appropriate level of granularity, reflecting changes to business models and evolving regulatory expectations.
• Accountable for the timely delivery of the annual SMBC-BI ICAAP and CM Ltd. and DP Ltd. ICARA capital assessments, taking a hands-on role in the preparation and enhancement of the assessments and associated documentation.
• Provide strategic direction for the continued development of the ICAAP and ICARA framework, ensuring the end-to-end approach is robust, practical, consistent and capable of supporting timely and repeatable reporting.
• Lead the ongoing enhancement of capital assessment processes, methodologies, documentation and templates to ensure they remain effective and fit for purpose.
• Design and implement ad hoc stress capital measures to support reporting against risk appetite, including contributing to the design and calibration of capital risk appetite measures.
• Accountable for the production of Pillar 2A calculations, including the implementation of relevant new PRA requirements.
• Produce base and stressed capital ratios in close collaboration with colleagues across Enterprise Risk Management and the Modelling team.
• Prepare clear and informative updates for senior management and governance committees, including ERMC and RMSC, and provide additional information as required for Risk Committees and entity Boards.
• Review and challenge contributions from key stakeholders to ensure capital assessments are accurate, consistent and appropriately reflect the risks and product suites of the relevant entities.
• Lead and manage the team responsible for delivery across ICAAP, ICARA and ad hoc capital assessments, effectively balancing multiple priorities and ensuring high-quality delivery.

Skills

Enterprise risk management

Team leadership

ICAAP & ICARA

Capital assessment

Regulatory knowledge

Job description

SMBC Group EMEA is seeking an Enterprise Risk Director to lead the Capital Assessment team within the Risk Management Department. This senior role combines strategic oversight with hands-on delivery to ensure robust capital assessments across SMBC-BI, CM Ltd., and DP Ltd., including ICAAP and ICARA.

The role offers hybrid working and a competitive benefits package, with a salary range of £112,000–£168,000. The successful candidate will drive the development of risk assessment processes, mentor a