New York, NY, US
19 days ago
Risk Management Planning Associate

 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 $95,000.00 and $130,000.00. 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

SMBC is seeking an energetic person who will play an integral role in the creation and evolution of Executive risk management reporting and program management of credit alarms, periodic risk reporting to regulators and internal stakeholders

This person will work closely with the team manager to assist with formulating agendas, distilling and rendering complex risk information across various risk groups and identifying, extracting and analyzing key risk issues in a concise and accessible manner for executive, and senior audiences

This person should have a good understanding of Credit, Market, Liquidity, Operational and Enterprise risks and background in U.S. banking regulatory requirements

Role Objectives: Delivery Strong understanding of Credit Risk, specifically assisting in managing Early Warning Indicators (EWI) program delivery including defining program scope / resource requirements, assigning clear roles and responsibilities, mobilizing subject matter experts and escalating to key stakeholders, if required  Excellent written and verbal communication skills and ability to translate these skills to capture content rich issues and drive complex initiatives; masterful in PowerPoint at distilling, rendering and visualizing complex issues in an accessible manner for executive, senior and technical audiences- Display agility and nuance to manage deadlines across several competing and conflicting deadlines Understanding of management committees process and sense of urgency Assist in the delivery of specific risk agendas across multiple risk groups and coordinate deck revisions Have an understanding of enterprise risk management and multiple risk disciplines including credit risk, market risk, liquidity risk and operational risk Able to see through the numbers and translate into simple terms the narrative needed to match the need of the audience Qualifications and Skills 3+ years of experience in risk management function gained working at or as a consultant working in Large U.S. Banks and FBO's, or has worked as a U.S. banking regulator Project management skills Prior experience in articulating challenges, issues, required decisions, path to resolving challenges, next steps, decisions, pros/cons; build consensus and hold stakeholders responsible to ensure timely completion of risk materials Be able to understand key risk concepts and be able to translate contextually into content that is easily understood by Senior Management Passionate about making connections between risks and understanding impact of changing economic environment on risk Excellent written and verbal skills; nuance in writing with ability to render into PowerPoint to make accessible Strong analytical and organizational skills, with close attention to detail Effective interpersonal skills, as well as diplomacy in dealing with internal departments, senior management, Head Office and regulatory bodies Independent worker and self-starter Proficiency in Microsoft Office Suite, especially PowerPoint Additional Requirements

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.


We are an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, disability status, protected veteran status or any other characteristic protected by law. SMBC provides reasonable accommodations for employees and applicants with disabilities consistent with applicable law. If you need a reasonable accommodation during the application process, please let us know at accommodations@smbcgroup.com.

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