Vice President - Enterprise Scenario Design Lead

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Job Level: Vice President

Location:

New York, NY, US, 10172

Employment Type:

Full Time

Requisition

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 $and $. 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.

The Enterprise Risk Management team is seeking a Vice President to provide enterprise-wide leadership for scenario design for the SMBC Americas Division, including the development, governance, and execution of enterprise stress tests including CCAR. The role ensures that scenario 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.

• 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 which has 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

• Bachelor’s degree in finance/economics or related discipline;
  Master’s, MBA or PhD degree preferred in similar disciplines
• 10+ years of experience in scenario design, stress testing, capital planning, risk management, economics, or quantitative analytics within a large financial institution
• Deep expertise in macroeconomic trends and emerging risks impacting…