Director, Regulatory Risk & Schedule L Lead

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

Benefits offered by this job

Hybrid work model

Benefits package

Job summary

SMBC Group is seeking a Director of Risk Management to lead the Schedule L FR Y-14Q and FR Y-14A reporting processes from New York. You will design governance, build a robust reporting infrastructure, and coordinate risk, finance, technology, and front office inputs to ensure timely submissions.

Applicants should have 10+ years in risk management or regulatory reporting, deep FR Y-14A/FR Y-14Q knowledge, and strong project management and communication skills.

Qualifications

• 10+ years of experience in risk management or regulatory reporting within a large financial institution.
• Deep familiarity with FR Y-14A / FR Y-14Q reporting requirements, particularly Schedule L.
• Strong understanding of capital stress testing frameworks, regulatory reporting controls, and governance practices.

Responsibilities

• Own the end-to-end preparation and submission of Schedule L for FR Y-14Q regulatory stressed and unstressed submissions along with FRY-14A reporting.
• Establish and maintain a comprehensive reporting framework covering data sourcing, calculations, controls, documentation, and submission timelines.
• Ensure compliance with regulatory guidance and evolving supervisory expectations.
• Design and implement a scalable operating model for Schedule L production.
• Partner with Technology to develop or enhance systems and data pipelines supporting regulatory reporting.
• Implement governance processes for data validation, issue management, and documentation.
• Coordinate attestations and sign-offs from key stakeholders across Risk and Front Office.
• Act as a central point of contact for questions related to Schedule L methodology, assumptions, and reporting requirements.
• Address findings and implement remediation actions related to reporting processes and controls.

Skills

Risk management

Regulatory reporting

FR Y-14A

FR Y-14Q

Schedule L

Data governance

Cross-functional

Project management

Communication

Regulatory exams

Job description

SMBC Group is seeking a Director of Risk Management to lead the Schedule L FR Y-14Q and FR Y-14A reporting processes from New York. You will design governance, build a robust reporting infrastructure, and coordinate risk, finance, technology, and front office inputs to ensure timely submissions.

Applicants should have 10+ years in risk management or regulatory reporting, deep FR Y-14A/FR Y-14Q knowledge, and strong project management and communication skills.