VP, Enterprise Stress Test & Scenario Design Leader

SMBC; New York (NY); Hybrid; USD 155,000 - 195,000; Full time

Benefits offered by this job

Hybrid work model

Job summary

SMBC Group is seeking a Vice President for Enterprise Risk Management to lead enterprise-wide scenario design and CCAR stress testing. You will develop macroeconomic forecasts, govern testing processes, and ensure alignment with U.S. regulatory expectations and SMBC standards.

You will report to the Head of Stress Testing & Scenario Design, coordinating with risk, finance and front office, maintaining scenario inventories and driving policy adherence in a hybrid work environment.

Qualifications

• Bachelor’s degree in finance/economics or related discipline.
• 10+ years of experience in scenario design, stress testing, capital planning, risk management, economics, or quantitative analytics within a large financial institution.
• Strong understanding of U.S. regulatory expectations, including CCAR and capital planning guidance (SR 12-7/ 15-19).
• Experience designing macroeconomic scenarios and forecast supporting CCAR in large banking organizations.

Responsibilities

• Develop macroeconomic forecast for enterprise stress scenarios covering CCAR/capital stress testing, risk appetite and adhoc/rapid stress testing.
• Coordinate with risk stripes to drive consistency across macroeconomic forecast and idiosyncratic market shocks for trading portfolios.
• Develop scenario narratives that clearly articulate economic drivers, key assumptions, and risk impacts.
• Own the scenario design policy and manage the scenario design working group with senior stakeholders from risk, finance and front office.
• Maintain an inventory of approved enterprise scenarios and associated use cases.
• Ensure linkage between enterprise scenarios and the firm's risk taxonomy, material risks, vulnerabilities, concentrations, and emerging risk inventory.
• Partner with risk technology to create a scenario capability that houses all internal scenarios for downstream use

Skills

Scenario design

Stress testing

Capital planning

Risk management

Macroeconomics

Regulatory knowledge

Education

Bachelor’s in finance/economics

Master’s / MBA / PhD preferred

Tools

Risk technology

Job description

SMBC Group is seeking a Vice President for Enterprise Risk Management to lead enterprise-wide scenario design and CCAR stress testing. You will develop macroeconomic forecasts, govern testing processes, and ensure alignment with U.S. regulatory expectations and SMBC standards.

You will report to the Head of Stress Testing & Scenario Design, coordinating with risk, finance and front office, maintaining scenario inventories and driving policy adherence in a hybrid work environment.