Credit Portfolio Risk Analyst - CECL & Stress Testing

SMBC Group; New York (NY); Hybrid; USD 84,000 - 131,000; Full time

Job summary

SMBC Group is seeking an Associate to join the Credit Portfolio Risk team. The role emphasizes CECL processes and portfolio credit risk analytics, with support for credit stress testing activities.

You will contribute to quarterly production, analysis, governance, and cross-functional coordination to deliver timely results. The ideal candidate has strong reporting skills and knowledge of CECL methodologies, with the ability to manage detailed processes across multiple stakeholders in a

Qualifications

• Bachelor's degree in Finance, Economics, Accounting, Statistics, Data Analytics, or a related field.
• A master's degree or relevant professional certification, such as CFA or FRM, is a plus.
• 2+ years of experience in a financial institution, preferably in CECL, or credit stress testing.
• Working knowledge of CECL or other allowance methodologies, including expected loss concepts, reserve drivers, qualitative adjustments, and governance expectations.
• Experience with credit portfolios, credit risk data, or loss estimation methodologies is preferred.
• Experience coordinating recurring processes and stakeholder meetings across multiple functions, including agenda preparation, meeting materials, follow-up, and action-item tracking.
• Experience with credit stress testing or related loss forecasting is a plus.

Responsibilities

• Perform quarterly CECL production for applicable portfolios and legal entities, including data preparation, calculation, analysis, review materials, and process coordination.
• Perform portfolio-level analysis of expected credit losses, reserve drivers, change analysis, and comparison with actual losses.
• Coordinate timelines, inputs, review checkpoints, and deliverables across Credit Portfolio Risk, Controllers, legal entities, model teams, and other stakeholders.
• Prepare materials for CECL governance and review forums, including clear explanations of regulation requirements, methodology, results, key drivers, and limitations.
• Maintain procedures, controls, supporting workpapers, and audit-ready documentation; assist with responses to internal review, model validation, internal audit, regulators, and external auditors.
• Support enhancements to CECL methodologies, data, reporting, governance, and process efficiency.
• Provide backup support for credit stress testing exercises, including data preparation, upfront adjustment, results aggregation, validation checks, deck preparation, and documentation.
• Support credit stress testing governance materials, procedures, management reporting, and coordination.
• Maintain sufficient cross-training and process knowledge to provide reliable coverage during peak periods.

Skills

Analytical skills

Communication

Excel

PowerPoint

SQL

Python

R

SAS

Alteryx

Power BI

Education

Bachelor’s degree in Finance/Economics/Accounting

Master’s degree or CFA/FRM preferred

Tools

SQL

Python

R

SAS

Alteryx

Power BI

Job description

SMBC Group is seeking an Associate to join the Credit Portfolio Risk team. The role emphasizes CECL processes and portfolio credit risk analytics, with support for credit stress testing activities.

You will contribute to quarterly production, analysis, governance, and cross-functional coordination to deliver timely results. The ideal candidate has strong reporting skills and knowledge of CECL methodologies, with the ability to manage detailed processes across multiple stakeholders in a