SMBC Group
Financial Reporting - Vice President
SMBC Group, Jersey City, New Jersey, United States, 07390
Financial Reporting - Vice President
– SMBC Group (Full‑time, Hybrid). Opportunity to manage regulatory reporting in the Capital Analytics Department.
SMBC Group is a top‑tier global financial group headquartered in Tokyo with a 400‑year history. The Group offers banking, leasing, securities, credit cards and consumer finance services across more than 130 offices and 80,000 employees worldwide, operating in nearly 40 countries.
Role Overview Your primary duty will be to support the calculation of Risk Weighted Assets (RWA), focusing on Basel III, CCAR, SA‑CCR and other US regulatory requirements. You will collaborate with key partners on automation, regulatory policy and the interpretation of rule changes.
Key Responsibilities
Calculate quarterly capital ratios and credit and market risk weighted asset calculations for the Bank Holding Company.
Support analysis of Basel RWA reporting based on US regulatory requirements.
Assist in requirements gathering, test case reviews, and user acceptance testing of the calculation engine automation.
Work with IT on systems implementation.
Document and maintain end‑user computing (EUC) procedures and ensure financial controls and validations are performed as expected.
Build metrics reporting, impact assessments, and monitoring reports for any exceptions.
Understand and assess the impact of rule changes on calculations and new product additions.
Focus on improving governance, efficiency and control through process optimization, proactively identifying and remediating regulatory deficiencies.
Identify opportunities for automation, increased transparency and enhancement of business processes.
Work closely with key partners to ensure alignment with strategic goals.
Qualifications and Skills
Work experience in finance, accounting or risk in a similar domain, with RWA calculation experience required.
Bachelor’s degree in finance, accounting or a related discipline.
8+ years of related work experience.
Advanced Microsoft Office (especially Excel) skills.
Self‑motivated with decision‑making ability and a controlled environment focus.
Strong interpersonal and communication skills (oral and written).
Ability to manage complex projects independently and coordinate across multiple stakeholder groups.
Capability to interact with all levels of management, working independently or in a team.
Flexibility to meet tight deadlines and multi‑tasking proficiency.
Significant knowledge of change/program management, financial operations, risk and controls, IT processes and data management.
Compensation and Benefits The anticipated salary range is $124,000.00 – $175,000.00, with the specific offer based on qualifications and market data. The role may also be eligible for an annual discretionary incentive award. In addition to cash compensation, SMBC offers a competitive benefits portfolio.
SMBC’s employees work in a hybrid model, with the expectation that employees reside within a reasonable commuting distance of their office. Hybrid work arrangements may not be permitted for certain roles.
SMBC provides reasonable accommodations during candidacy for applicants with disabilities. If you need a reasonable accommodation during the application process, please contact
accommodations@smbcgroup.com .
#J-18808-Ljbffr
– SMBC Group (Full‑time, Hybrid). Opportunity to manage regulatory reporting in the Capital Analytics Department.
SMBC Group is a top‑tier global financial group headquartered in Tokyo with a 400‑year history. The Group offers banking, leasing, securities, credit cards and consumer finance services across more than 130 offices and 80,000 employees worldwide, operating in nearly 40 countries.
Role Overview Your primary duty will be to support the calculation of Risk Weighted Assets (RWA), focusing on Basel III, CCAR, SA‑CCR and other US regulatory requirements. You will collaborate with key partners on automation, regulatory policy and the interpretation of rule changes.
Key Responsibilities
Calculate quarterly capital ratios and credit and market risk weighted asset calculations for the Bank Holding Company.
Support analysis of Basel RWA reporting based on US regulatory requirements.
Assist in requirements gathering, test case reviews, and user acceptance testing of the calculation engine automation.
Work with IT on systems implementation.
Document and maintain end‑user computing (EUC) procedures and ensure financial controls and validations are performed as expected.
Build metrics reporting, impact assessments, and monitoring reports for any exceptions.
Understand and assess the impact of rule changes on calculations and new product additions.
Focus on improving governance, efficiency and control through process optimization, proactively identifying and remediating regulatory deficiencies.
Identify opportunities for automation, increased transparency and enhancement of business processes.
Work closely with key partners to ensure alignment with strategic goals.
Qualifications and Skills
Work experience in finance, accounting or risk in a similar domain, with RWA calculation experience required.
Bachelor’s degree in finance, accounting or a related discipline.
8+ years of related work experience.
Advanced Microsoft Office (especially Excel) skills.
Self‑motivated with decision‑making ability and a controlled environment focus.
Strong interpersonal and communication skills (oral and written).
Ability to manage complex projects independently and coordinate across multiple stakeholder groups.
Capability to interact with all levels of management, working independently or in a team.
Flexibility to meet tight deadlines and multi‑tasking proficiency.
Significant knowledge of change/program management, financial operations, risk and controls, IT processes and data management.
Compensation and Benefits The anticipated salary range is $124,000.00 – $175,000.00, with the specific offer based on qualifications and market data. The role may also be eligible for an annual discretionary incentive award. In addition to cash compensation, SMBC offers a competitive benefits portfolio.
SMBC’s employees work in a hybrid model, with the expectation that employees reside within a reasonable commuting distance of their office. Hybrid work arrangements may not be permitted for certain roles.
SMBC provides reasonable accommodations during candidacy for applicants with disabilities. If you need a reasonable accommodation during the application process, please contact
accommodations@smbcgroup.com .
#J-18808-Ljbffr