Director, Regulatory Risk & Schedule L Reporting

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

Benefits offered by this job

Hybrid work model

Job summary

SMBC Group in New York is seeking a Director of Risk Management to lead Schedule L development for FR Y-14Q/FR Y-14A, ensuring timely, accurate regulatory submissions and a robust governance framework. The role coordinates risk, finance, technology, and front office to align with supervisory expectations and internal standards.

The position offers a hybrid work arrangement, competitive compensation, and a benefits portfolio.

Qualifications

• 10+ years of experience in risk management, regulatory reporting, or stress testing in a large financial institution.
• Deep familiarity with FR Y-14A / FR Y-14Q reporting requirements, especially Schedule L.
• Strong understanding of capital stress testing frameworks, regulatory reporting controls, and governance practices.
• Experience building reporting frameworks, data processes, and regulatory infrastructure.
• Proven ability to work across Risk, Finance, Technology, and Front Office.
• Strong analytical, project management, and communication skills.
• Experience managing regulatory exams, audits, and issue remediation.
• Experience supporting CCAR / stress testing regulatory processes.
• Leadership of cross-functional initiatives in a complex banking environment.

Responsibilities

• Own end-to-end preparation and submission of Schedule L for FR Y-14Q and FRY-14A reporting.
• Establish and maintain a comprehensive reporting framework covering data sourcing, calculations, controls, documentation, and 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 for regulatory reporting.
• Implement governance processes for data validation, issue management, and documentation.
• Coordinate attestations and sign-offs from Risk and Front Office stakeholders.
• Act as a central point of contact for Schedule L methodology, assumptions, and reporting requirements.
• Address findings and remediation actions related to reporting processes and controls.

Skills

Risk management

FR Y-14A/FR Y-14Q

Schedule L

Regulatory reporting controls

Governance practices

Stakeholder management

Data governance

CCAR / stress testing

Cross-functional leadership

Job description

SMBC Group in New York is seeking a Director of Risk Management to lead Schedule L development for FR Y-14Q/FR Y-14A, ensuring timely, accurate regulatory submissions and a robust governance framework. The role coordinates risk, finance, technology, and front office to align with supervisory expectations and internal standards.

The position offers a hybrid work arrangement, competitive compensation, and a benefits portfolio.