Executive Director - Enterprise Stress Testing Lead

SMBC Group; Northern, New York (KY, NY); Hybrid; USD 214,000 - 255,000; Full time

Benefits offered by this job

Hybrid work model

Job summary

SMBC Group is seeking an Executive Director – Enterprise Stress Testing Lead in New York, NY. You will provide executive-level leadership for stress testing across the Americas, build CCAR governance, and align methodologies with U.S. regulatory expectations.

The role reports to the Head of Stress Testing & Scenario Design and will manage a small team, coordinating with Finance, Front Office, and Risk areas to ensure end-to-end program integrity.

Qualifications

• 12+ years leading stress testing initiatives in large banks.
• Expertise in CCAR and capital adequacy frameworks.
• Strong knowledge of US regulatory expectations (Fed CCAR SR 12-7/15-19).

Responsibilities

• Lead design, governance, and execution of enterprise-wide stress testing.
• Build and oversee CCAR Risk program across businesses.
• Establish stress testing policies and governance.
• Provide second-line challenge on methodologies and results.
• Aggregate outputs for senior management and Board oversight.
• Integrate stress testing into capital planning and risk appetite.
• Coordinate with Finance, Treasury, Model Risk, Credit, Market, Liquidity, and Regulatory Relations.

Skills

CCAR program leadership

Enterprise stress testing

Regulatory frameworks

Risk management

Stakeholder communication

Team leadership

Education

Finance/Banking degree

Advanced degree preferred

Tools

Risk assessment tools

Regulatory reporting systems

Job description

Select how often (in days) to receive an alert:

Executive Director - Enterprise Stress Testing Lead

Job Level: Director

Location: New York, NY, US, 10172

Employment Type: Full Time

Requisition ID: 8386

SMBC Group is a top-tier global financial group. Headquartered in Tokyo and with a 400-year history, SMBC Group offers a diverse range of financial services, including banking, leasing, securities, credit cards, and consumer finance. The Group has more than 130 offices and 80,000 employees worldwide in nearly 40 countries. Sumitomo Mitsui Financial Group, Inc. (SMFG) is the holding company of SMBC Group, which is one of the three largest banking groups in Japan. SMFG’s shares trade on the Tokyo, Nagoya, and New York (NYSE: SMFG) stock exchanges.

In the Americas, SMBC Group has a presence in the US, Canada, Mexico, Brazil, Chile, Colombia, and Peru. Backed by the capital strength of SMBC Group and the value of its relationships in Asia, the Group offers a range of commercial and investment banking services to its corporate, institutional, and municipal clients. It connects a diverse client base to local markets and the organization’s extensive global network. The Group’s operating companies in the Americas include Sumitomo Mitsui Banking Corp. (SMBC), SMBC Nikko Securities America, Inc., SMBC Capital Markets, Inc., SMBC MANUBANK, JRI America, Inc., SMBC Leasing and Finance, Inc., Banco Sumitomo Mitsui Brasileiro S.A., and Sumitomo Mitsui Finance and Leasing Co., Ltd.

The anticipated salary range for this role is between $214,000.00and $255,000.00. The specific salary offered to an applicant will be based on their individual qualifications, experiences, and an analysis of the current compensation paid in their geography and the market for similar roles at the time of hire. The role may also be eligible for an annual discretionary incentive award. In addition to cash compensation, SMBC offers a competitive portfolio of benefits to its employees.

Role Description

The Enterprise Risk Management is seeking an Executive Director to provide enterprise-wide leadership for stress testing for the SMBC Americas Division, including the development, governance, and execution of enterprise stress tests and the build-out and ongoing management of a CCAR program from a Risk perspective. The role ensures that stress testing methodologies, assumptions, and governance processes support effective capital adequacy assessment, risk appetite and strategic decision-making, in alignment with U.S. regulatory expectations and SMBC Group standards.

The role will report to the Head of Stress Testing & Scenario Design and will manage a small team.

Role Responsibilities:

• Lead the design, governance, and execution of enterprise-wide stress testing covering credit, market, liquidity, operational, and non-financial risks.
• Build, implement, and oversee a CCAR Risk program, including stress testing governance, documentation, challenge processes – working actively with Risk Stripes, Finance and Front Office to deploy the program across the businesses.
• Establish and maintain stress testing policies, standards, and procedures aligned with SMBC Group frameworks and U.S. regulatory guidance.
• Provide independent second-line challenge of stress testing assumptions, methodologies, overlays, and results produced by first-line and Finance partners.
• Aggregate enterprise stress testing outputs to form an independent Risk view for senior management and Board oversight.
• Ensure effective integration of stress testing results into capital planning, risk appetite, recovery and resolution planning, and strategic decision-making.
• Coordinate closely with Finance, Treasury, Model Risk Management, Credit Risk, Market Risk, Liquidity Risk, and Regulatory Relations to ensure end-to-end process integrity.
• Drive ongoing enhancement of stress testing capabilities in response to regulatory developments, internal reviews, and evolving risk exposures.
• Engage with global SMBC Group risk counterparts globally to ensure alignment and utilization of best practices – with specific attention to alignment with EMEA during the 2026-28 timeframe.

Qualifications and Skills

• 12+ years of experience leading stress testing / CCAR initiatives in large and complex banking organization, ideally in a Category 3 bank or GSIB; hands on experience building out an enterprise stress testing/CCAR program preferred
• Deep expertise in enterprise stress testing, CCAR and capital adequacy frameworks for large banking organizations;
• Strong understanding of U.S. regulatory expectations, including Federal Reserve CCAR and capital planning guidance (SR 12-7/ 15-19), and related supervisory stress testing standards.
• Broad knowledge of financial risk types and how stress scenarios transmit across trading and lending portfolios and balance sheets.
• Ongoing awareness of regulatory priorities, model risk considerations, and industry stress testing practices.
• Experience interacting with and managing regulatory expectations with respect to CCAR submissions; experience closing regulatory findings around CCAR is highly desirable
• Exceptional ability to communicate complex stress testing outcomes and limitations to senior management, Boards, and regulators.
• Self-starter and ability to forge strong relationships with business partners including Risk Stripes, Finance and Front Office
• Gravitas to lead challenging and strategic discussions with business partners, especially Front Office traders and bankers

SMBC’s employees participate in a Hybrid workforce model that provides employees with an opportunity to work from home, as well as, from an SMBC office. SMBC requires that employees live within a reasonable commuting distance of their office location. Prospective candidates will learn more about their specific hybrid work schedule during their interview process. Hybrid work may not be permitted for certain roles, including, for example, certain FINRA-registered roles for which in-office attendance for the entire workweek is required.

SMBC provides reasonable accommodations during candidacy for applicants with disabilities consistent with applicable federal, state, and local law. If you need a reasonable accommodation during the application process, please let us know at [e-mail].