Capital Risk Calculation Analysis Reporting Director

Sumitomo Mitsui Banking Corporation – SMBC Group; New York (NY); On-site; USD 120,000 - 180,000; Full time

Job summary

An established industry player is looking for a Director to lead their Capital Risk Calculation Analysis & Reporting Group. This pivotal role involves managing teams focused on Market Risk reporting, ensuring compliance with regulatory standards, and enhancing risk aggregation processes. The ideal candidate will have extensive experience in Market Risk analysis within the banking sector, a strong understanding of stress testing methodologies, and proficiency in relevant programming languages. Join a dynamic environment where your expertise will contribute to significant financial decision-making and risk management strategies.

Qualifications

• 5+ years in Market Risk analysis and reporting in banking.
• Expertise in stress testing methodologies and Basel III requirements.

Responsibilities

• Lead Market Risk reporting teams for accurate and timely submissions.
• Enhance risk aggregation and reporting processes.
• Ensure compliance with regulatory reporting requirements.

Skills

Market Risk Analysis

Risk Reporting

SQL

Python

R

C++

VBA

PowerBi

PowerPoint

Stress Testing Methodologies

Education

Bachelor's degree in finance or business administration

Tools

Microsoft SQL

MySQL

Oracle

Job description

Job Level: Director

Location: New York, NY, US, 10172

Employment Type: Full Time

Requisition ID: 4151

SMBC Group is a top-tier global financial group. Headquartered in Tokyo and with a 400-year history, SMBC Group offers a diverse range of financial services, including banking, leasing, securities, credit cards, and consumer finance. The Group has more than 130 offices and 80,000 employees worldwide in nearly 40 countries.

SMBC seeks a Director to lead the ‘Capital Risk Calculation Analysis & Reporting Group’ within the Enterprise Risk Stripe of Risk Management Department Americas Division (RMDAD). The Director will manage 2 teams within the Capital Risk Calculation Analysis & Reporting Group: the ‘FRTB-SA (Fundamental Review of the Trading Book-Standardized Approach) Team’ and ‘Stress Testing Team.’ This position will report to the Head Team Lead (Executive Director) of Market Risk Reporting.

Role Responsibilities:

1. Leads 2 Market Risk reporting teams while ensuring accurate, complete, and timely report submissions, including Market Risk capital calculations
2. Drives enhancements to improve Market Risk capital aggregation and reporting processes
3. Develops, implements, and maintains risk controls for Japan and U.S. FRTB-SA reporting processes
4. Enhances CUSO Market Risk stress test processes and scenario generation capabilities
5. Ensures compliance with regulatory reporting requirements and best practices, including BCBS 239 principles
6. Prepares and presents risk committee meeting materials to internal stakeholders and regulators
7. Provides regular status updates to senior management and escalates issues timely, as necessary
8. Updates and ensures compliance with Market Risk reporting documents
9. Manages ad-hoc projects as necessary

Qualifications and Skills

1. Bachelor’s degree, preferably in finance, business administration, or related field
2. At least 5 years of experience in a Market Risk analysis and reporting role in the banking industry
3. Preferred: Understanding of programming languages including SQL, Python, R, C++
4. Proficient in VBA and visualization tools such as PowerBi and Powerpoint
5. Familiarity with commonly used databases for data aggregation, including Microsoft SQL, MySQL, and Oracle
6. Expert knowledge of Market Risk stress testing methodologies and stress scenarios
7. Deep understanding of Basel 2.5 / Basel III Market Risk capital calculation methodologies and reporting requirements
8. Strong knowledge of Market Risk reporting best practices as prescribed in BCBS 239 principles
9. Solid understanding of financial products and their risks; including interest rate swaps, swaptions, caps/floors, corporate bonds, CDS, and Treasuries
10. Ability to communicate appropriately at every level of the organization, including risk peers, business partners, technology teams, and senior management
11. Strong organizational skills, with proven ability to successfully manage multiple, concurrent priorities
12. Team player that demonstrates and promotes a positive team culture

SMBC provides reasonable accommodations during candidacy for applicants with disabilities consistent with applicable federal, state, and local law.