Vice President, Credit Portfolio Stress Testing, Risk Management Dept

SUMITOMO MITSUI BANKING CORPORATION SINGAPORE BRANCH; Singapore; On-site; SGD 180,000 - 240,000; Full time

Job summary

Sumitomo Mitsui Banking Corporation Singapore Branch is seeking a senior professional to lead the development and enhancement of credit risk stress testing capabilities. The role focuses on robust governance, challenge of methodologies, and actionable outputs to support management decisions and regulatory compliance across the APAC region.

In addition to technical leadership, the candidate will guide and share knowledge with the team while maintaining high analytical standards and execution

Qualifications

• Bachelor's degree or equivalent in Finance, Economics, Accounting, Business or related discipline.
• Typical 8+ years of relevant experience in credit risk management or stress testing within a financial institution.
• Strong credit risk modeling skills with understanding of stress testing methodologies.
• Proficient in Python, SAS, Excel and PowerPoint; data analytics/tools is a plus.
• Fluent in written and spoken English.

Responsibilities

• Lead the design, execution and enhancement of credit stress testing exercises for regional portfolios.
• Develop and assess macroeconomic, sector-specific and idiosyncratic stress scenarios.
• Ensure model risk aspects such as validation, back-testing and sensitivity analyses are documented.
• Evaluate impact on regional portfolio and provide recommendations to senior management.
• Enhance the regional stress testing framework and governance standards.
• Monitor macroeconomic developments and assess implications for portfolio actions.
• Collaborate with business units to align outputs with portfolio management priorities.
• Support regional credit risk management initiatives in APAC.

Skills

Credit risk modelling

Communication & interpersonal

Independent challenge

English fluency

Education

Bachelor's degree in Finance, Economics, Accounting, Business or related discipline

Tools

Python

SAS

Excel

PowerPoint

Job description

This role will lead the development and enhancement of credit risk stress testing capabilities, ensuring robust governance, and challenge of stress testing frameworks, methodologies, and outputs. The role supports management in assessing portfolio resilience and risk appetite under stressed scenarios, while contributing to the Bank's overall risk management, strategic decision-making, and regulatory compliance across the region.

In addition to technical leadership, this role is expected to provide practical guidance and knowledge sharing to team members, as relevant, and help maintain strong analytical and execution standards within the team.

Key Responsibilities

1. Credit Stress Testing & Scenario Analysis

Lead the design, execution and enhancement of periodic and ad hoc credit stress testing exercises for regional portfolios, with a focus on top-down and bottom-up scenario analysis.

Develop, refine and assess macroeconomic, sector-specific and idiosyncratic stress scenarios, including interest rate shocks, refinancing risk, asset value deterioration, geopolitical developments and other downside events.

Ensure the model risk aspects, including validation, back-testing, sensitivity analysis, assumptions and limitations are documented.

Evaluate the impact of stress scenarios on the regional portfolio, including credit quality, expected loss / credit cost, profitability, concentration and risk appetite metrics, as relevant, and provide clear recommendations to senior management.

Take ownership of enhancing the regional credit stress testing framework, methodologies and governance standards, with a view to improving consistency, transparency, analytical depth and management usefulness.

Monitor macroeconomic, market, industry and borrower-specific developments, including internal and external early warning signals, and assess the implications for the regional portfolio and portfolio management actions

2. Framework Enhancement & Risk Governance

Drive enhancement of stress testing governance, including roles, responsibilities, and structured challenge processes across 1LoD / 2LoD / 3LoD.

Establish robust frameworks covering scenario design, model lifecycle, validation, and reporting.

Ensure stress testing outputs are integrated into risk appetite, portfolio strategy, and management decision-making.

Work with relevant departments to align stress testing outputs with portfolio management priorities and business strategy.

Provide practical guidance and knowledge sharing to junior team members, while maintaining strong analytical standards within the team

3. Cross-functional Collaboration & Regional Initiatives

Collaborate with business units and relevant departments to align stress testing outputs with portfolio management priorities and business strategy.

Partner with regional offices and relevant stakeholders to improve data inputs, methodologies, assumptions and analytical consistency across jurisdictions.

Support regional credit risk management initiatives in APAC, including enhancements to portfolio management practices and stress testing capabilities.

Job Requirements

Bachelor's degree or equivalent in Finance, Economics, Accounting, Business or a related discipline.

Typical 8+ years of relevant experience in credit risk management, stress testing or related functions within a financial institution.

Strong credit risk modelling skills with good understanding of stress testing methodologies (top-down/bottom-up), banking products and corporate / institutional credit risk concepts.

Good communication and interpersonal skills, with the ability to work closely with relevant stakeholders across functions and locations under tight timelines.

Ability to provide independent challenge and guide the team members through practical support, constructive feedback and knowledge sharing.

Proficiency in Python, SAS, Excel and PowerPoint; experience with data analytics or visualization tools would be an advantage.

Fluent in written and spoken English.