SMBC
Role Overview
The Vice President (VP) in the Risk Management Coordination Team plays a pivotal role in operational coordination and facilitation of risk oversight processes across SMBC entities.
This includes committee governance, regulatory and audit engagement, and issue management. The VP is responsible for ensuring timely, consistent, and high-quality preparation of materials for committee, regulatory, and audit submissions as well as timely escalation of risk-related matters to the Risk Coordination Team Lead and the Head of Market and Liquidity Risk.
Key Responsibilities Oversight and Regulatory Engagement
Assist with facilitation of internal and external oversight requirements including regulatory exams, internal audits, periodic reviews, and ad-hoc requests.
Support interactions with internal audit and control departments for monitoring and testing activities.
Support regulatory exams and reviews from external bodies such as FRB, NYDFS, NFA, CFTC, FINRA, etc.
Manage deliverables and remediation efforts related to oversight findings.
Issue Tracking and Resolution
Maintain a comprehensive inventory of issues across CUSO Market Risk and other risk stripes under the Swap-Dealer and Broker-Dealer legal entity CRO umbrella.
Track and manage regulatory, audit, and self-identified issues.
Engage with issue owners to monitor remediation activities, assess risks, review remediation plans, and assist with preparation, review and challenge of closure documentation.
Escalate potential delays in remediation promptly.
Knowledge and Expertise
Demonstrate familiarity with key risk and valuation concepts (VaR, stress-testing, and counterparty exposure estimation, documentation and reporting approaches).
Understand regulatory requirements applicable to Swap-Dealer, Broker-Dealer, and Bank entities.
Communication and Leadership
Exhibit excellent communication and relationship-building skills with internal departments, affiliates, Head Office, and regulatory bodies.
Collaborate effectively with internal risk management colleagues and leadership.
Apply strong analytical skills and attention to detail.
Utilize robust project management capabilities to manage multiple priorities.
Qualifications and Skills
5–10 years of experience in risk or a closely related risk management role.
Business fluency in English; knowledge of Japanese is a plus.
Demonstrated proficiency in Microsoft Office Suite, with significant experience in preparing presentations for CxO and Board levels.
Education
Required: Bachelor’s degree (BA/BS).
Preferred: Advanced degree such as MBA or MS in Finance or Risk Management.
Additional Skills
Ability to manage multiple responsibilities and prioritize effectively.
Cultural sensitivity and ability to interact effectively with international colleagues, particularly Japanese expatriates.
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.
SMBC provides reasonable accommodations during candidacy for applicants with disabilities consistent with applicable federal, state, and local law. If you need a reasonable accommodation during the application process, please let us know at accommodations@smbcgroup.com.
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This includes committee governance, regulatory and audit engagement, and issue management. The VP is responsible for ensuring timely, consistent, and high-quality preparation of materials for committee, regulatory, and audit submissions as well as timely escalation of risk-related matters to the Risk Coordination Team Lead and the Head of Market and Liquidity Risk.
Key Responsibilities Oversight and Regulatory Engagement
Assist with facilitation of internal and external oversight requirements including regulatory exams, internal audits, periodic reviews, and ad-hoc requests.
Support interactions with internal audit and control departments for monitoring and testing activities.
Support regulatory exams and reviews from external bodies such as FRB, NYDFS, NFA, CFTC, FINRA, etc.
Manage deliverables and remediation efforts related to oversight findings.
Issue Tracking and Resolution
Maintain a comprehensive inventory of issues across CUSO Market Risk and other risk stripes under the Swap-Dealer and Broker-Dealer legal entity CRO umbrella.
Track and manage regulatory, audit, and self-identified issues.
Engage with issue owners to monitor remediation activities, assess risks, review remediation plans, and assist with preparation, review and challenge of closure documentation.
Escalate potential delays in remediation promptly.
Knowledge and Expertise
Demonstrate familiarity with key risk and valuation concepts (VaR, stress-testing, and counterparty exposure estimation, documentation and reporting approaches).
Understand regulatory requirements applicable to Swap-Dealer, Broker-Dealer, and Bank entities.
Communication and Leadership
Exhibit excellent communication and relationship-building skills with internal departments, affiliates, Head Office, and regulatory bodies.
Collaborate effectively with internal risk management colleagues and leadership.
Apply strong analytical skills and attention to detail.
Utilize robust project management capabilities to manage multiple priorities.
Qualifications and Skills
5–10 years of experience in risk or a closely related risk management role.
Business fluency in English; knowledge of Japanese is a plus.
Demonstrated proficiency in Microsoft Office Suite, with significant experience in preparing presentations for CxO and Board levels.
Education
Required: Bachelor’s degree (BA/BS).
Preferred: Advanced degree such as MBA or MS in Finance or Risk Management.
Additional Skills
Ability to manage multiple responsibilities and prioritize effectively.
Cultural sensitivity and ability to interact effectively with international colleagues, particularly Japanese expatriates.
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.
SMBC provides reasonable accommodations during candidacy for applicants with disabilities consistent with applicable federal, state, and local law. If you need a reasonable accommodation during the application process, please let us know at accommodations@smbcgroup.com.
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