Capital Management Oversight Risk Manager

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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.

Sumitomo Mitsui Banking Corporation (“SMBC”) is seeking a Vice President to join the Capital Management Oversight team within the Treasury Risk Management group.
The Treasury Risk Management group is a risk function within the Risk Management Department Americas Division (RMDAD) and oversees the treasury risks and balance sheet strategy of SMBC branches and subsidiaries in the region; the group provides risk oversight that extends to liquidity risk, interest rate risk in the banking book, and capital management, and independently assesses business strategies that impact these risks.

The mandate of the group is to ensure that all treasury risks are adequately identified, measured, controlled, monitored, and reported.
The group works closely with the SMBC risk management department in Tokyo Head Office that oversees SMFG $2+ Tr. balance sheet risks.
The Capital Management Oversight Vice President will report to the Head of Americas Division Capital Management Oversight and will support the independent oversight of capital adequacy and capital management across different legal entities and jurisdictions.
The position requires knowledge of bank capital regulatory frameworks and capital adequacy requirements, as well as CCAR / capital stress testing.

• Independent oversight of capital ratios and capital adequacy, capital management strategies and plans for relevant SMBC entities in the Americas region.

• Execute ongoing review and challenge of capital ratios (e.g., CET1, Tier 1, Total Capital, Leverage), risk-weighted assets (RWA), leverage assets, and buffers.

• Assess compliance with capital regulatory requirements.

• Review and challenge CCAR / capital stress testing methodologies and results

• Review calibration of internal capital limits and targets.

• Prepare and present analyses and reports to senior…