Counterparty Credit Risk 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 $84,000.00 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 Associate will serve as a key contributor within the Counter party Credit Risk (CCR) Portfolio Analysis team. The person will contribute to discussions on modeling new products, engage with the risk modeling team to drive implementation of products and develop and maintain wide varieties of stress testing scenarios covering historical and forward-looking scenarios. The candidate will perform ongoing counter party surveillance, risk exposure monitoring, ad-hoc analysis on various risk analytics projects, and work closely with front office on estimating exposures.

This role will not have direct reports.

This role requires strong quantitative acumen, the ability to interpret exposure model outputs, and the skill to translate complex risk analytics into clear narratives for senior management and committees. The Associate will work closely with Enterprise Stress Testing, Finance, Market Risk, Quant/Model Development, and Front Office partners.

e.

• Exposure Interpretation: Analyze and interpret PFE/EPE/EAD (including stressed exposures), explaining key exposure movements, concentration risks, and drivers of change. Validate exposures for any limit triggers and credit limit breaches
• Risk Appetite Monitoring: Support ongoing monitoring of CCR Risk Appetite metrics, early-warning indicators, threshold breaches, and counter party-level emerging risks.
• Management Reporting: Prepare high-quality stress-testing and CCAR reports for senior management and risk committees, summarizing exposure trends and scenario impacts.
• Model Engagement: Partner with Quant/Model Development to review exposure model behavior under stress and assess methodology updates (interpretation/challenge role).
• Wrong-
  Way Risk Assessment: Evaluate stressed wrong-way risk indicators and support concentration analysis across sectors, collateral types, and counter parties.
• Controls & Documentation: Strengthen documentation quality, review routines, assumptions, and governance standards.
• Process & Data Enhancement: Improve data accuracy, reporting automation, visualization capabilities, and overall stress-testing workflow efficiency.
• Cross-
  Functional
  
  Collaboration:
  
  Work closely with Front Office, Market Risk, Finance, Enterprise Stress Testing, Quant teams, and Technology to ensure consistent and complete representation of CCR stress exposures.

• Education: Bachelor's degree in Finance, Economics, Mathematics, Engineering, or a related quantitative field;
  Master's degree or professional certifications (e.g., CFA, FRM) are a plus.
• Experience: 4+ years of relevant experience in Counter party Credit Risk, Market Risk, or Stress Testing, with strong familiarity in derivatives and SFT exposure…