Counterparty Risk & Stress Testing Associate

CFA Institute; New York (NY); Hybrid; USD 84,000 - 135,000; Full time

Benefits offered by this job

Hybrid work model

Accommodations on request

Job summary

SMBC Group in New York seeks an Associate to join the Counterparty Credit Risk Portfolio Analysis team. You will help develop stress testing scenarios, work with risk modeling and front office, and support surveillance and reporting.

The role requires strong quantitative skills, experience with PFE/EPE/EAD, and ability to communicate complex risk analytics to senior management. Hybrid work arrangement with opportunities for remote days.

Qualifications

• Bachelor's degree in Finance, Economics, Mathematics, Engineering, or related quantitative field; Master's degree or professional certifications (e.g., CFA, FRM) are a plus.
• 4+ years of relevant experience in Counterparty Credit Risk, Market Risk, or Stress Testing, with strong familiarity in derivatives and SFT exposure analytics.
• Stress testing expertise in frameworks (e.g., CCAR), including scenario design, exposure projection, and result interpretation.
• Strong understanding of PFE, EPE, EAD, collateral and netting structures; proficient with Excel and analytical tools (Python, visualization platforms).

Responsibilities

• Exposure interpretation of PFE/EPE/EAD including stressed exposures and concentration risks.
• Risk appetite monitoring and early-warning indicators for CCR metrics.
• Prepare high-quality stress-testing and CCAR reports for senior management and committees.
• Collaborate with Quant/Model Development to review exposure model behavior under stress.
• Cross-functional collaboration with Front Office, Risk, Finance, and Tech to represent CCR stress exposures.

Skills

CCR experience

Stress testing

Derivatives knowledge

Education

Bachelor's in Finance/Economics/Math/Engineering

Master's or professional certifications (CFA/FRM)

Tools

Excel

Python

Visualization tools

Job description

SMBC Group in New York seeks an Associate to join the Counterparty Credit Risk Portfolio Analysis team. You will help develop stress testing scenarios, work with risk modeling and front office, and support surveillance and reporting.

The role requires strong quantitative skills, experience with PFE/EPE/EAD, and ability to communicate complex risk analytics to senior management. Hybrid work arrangement with opportunities for remote days.