CCR Stress Testing Product Lead for CCAR Reporting

SMBC Group; New York (NY); Hybrid; USD 178,000 - 231,000; Full time

Benefits offered by this job

Hybrid work model

Accommodation support

Job summary

SMBC Group is seeking a Director of CCR Stress Testing Product Management & CCAR Reporting in New York. You will own product strategy for CCR stress testing, align cross-functional teams, and drive CCAR FR Y-14 Counterparty reporting with senior management. The role requires deep CCR expertise and strong stakeholder collaboration.

The position offers a hybrid work model, competitive benefits, and the chance to influence regulatory reporting and risk technology across the organization.

Qualifications

• Bachelor’s degree in Finance, Economics, Mathematics, Engineering, or a related field; Master’s degree or professional certifications is a plus.
• 10+ years of experience in Counterparty Credit Risk (CCR) and Stress Testing
• Strong knowledge of CCR products, including derivatives and Securities Financing Transactions (SFT), and exposure metrics such as PFE and stressed exposure.
• Hands-on experience with CCAR and FR Y-14 Counterparty Schedule reporting, including reporting frameworks, reconciliations, controls, and attestations.
• Proven experience in product ownership, business requirements, roadmap development, and delivery of risk technology applications.
• Strong quantitative and analytical skills, with the ability to interpret exposure model outputs and communicate complex risk analytics to senior management.
• Excellent stakeholder management and communication skills, with experience partnering across Risk, Finance, Technology, Model Development, and Front Office teams.

Responsibilities

• Own the product strategy, roadmap, and prioritization for the CCR stress testing application supporting BAU stress testing and CCAR.
• Apply strong knowledge of CCR products, including Securities Financing Transactions (SFTs) and Derivatives, and key CCR metrics such as PFE, Stressed Exposure, and their drivers.
• Partner with CCR stakeholders, Model Development team and Technology to define business requirements, oversee solution design, and drive delivery of a scalable application.
• Own the continuous improvement agenda for stress testing processes, data quality, and application capabilities.
• Ensure application enhancements align with CCR business needs, regulatory expectations, and the broader technology strategy.
• Oversee delivery progress, manage dependencies and risks, and ensure solutions meet agreed requirements and timelines.
• CCAR Reporting: Own the end-to-end CCAR FR Y-14 Counterparty Schedule reporting process, ensuring accurate, complete, and timely submissions.
• Review and attest to the accuracy and completeness of all measures and exposures included in the schedule.
• Lead the implementation and integration of FR Y-14 Counterparty Schedule requirements, coordinating with Risk, Finance, and Technology teams to deliver reporting capabilities.
• Own the reporting framework, including data reconciliations, validation controls, governance, and stakeholder attestations.
• Manage reporting issues and exceptions, drive root-cause analysis, and coordinate remediation with relevant stakeholders.
• Maintain reporting documentation and support regulatory inquiries, internal reviews, and audits related to the FR Y-14 Counterparty Schedule.

Skills

CCR product knowledge

CCAR reporting

Quantitative analysis

Stakeholder management

Risk analytics

Education

Bachelor’s degree in Finance/ Economics/ Math/ Engineering

Master’s degree or professional certifications (nice to have)

Tools

FR Y-14 Counterparty Schedule

Job description

SMBC Group is seeking a Director of CCR Stress Testing Product Management & CCAR Reporting in New York. You will own product strategy for CCR stress testing, align cross-functional teams, and drive CCAR FR Y-14 Counterparty reporting with senior management. The role requires deep CCR expertise and strong stakeholder collaboration.

The position offers a hybrid work model, competitive benefits, and the chance to influence regulatory reporting and risk technology across the organization.