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Credit Risk Analytics
Credit Risk AnalyticsSMBC • New York, NY, United States
Credit Risk Analytics

Credit Risk Analytics

SMBC • New York, NY, United States
16 days ago
Job type
  • Full-time
Job description

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 $90,000.00 and $135,000.00. 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.

Role Description

SMBC is seeking a highly motivated and detail-oriented Associate to join the stress testing function within the Credit Portfolio Risk team. This role will support CCAR and credit stress testing, and will play a lead role in project management across these workstreams. The ideal candidate will combine strong analytical skills, knowledge of stress testing, and proven project management capabilities to drive cross-functional initiatives and deliver high-quality results in a fast-paced environment.

Responsibilities

Role Responsibilities

Project Management

  • Lead and coordinate credit stress testing projects, ensuring timely delivery of milestones and effective communication with stakeholders
  • Oversee project plans, track progress, identify risks, and implement mitigation strategies
  • Prepare and present project updates to senior management and cross-functional teams
  • Facilitate communication across stakeholders to ensure alignment and transparency
  • Ensure compliance with internal governance and regulatory expectations throughout the project lifecycle

Credit Stress Testing & CCAR :

  • Support the design, execution, and enhancement of credit stress testing frameworks, including scenario analysis and loss forecasting in alignment with CCAR requirements
  • Support CRE (Commercial Real Estate) bottom-up modeling, integrating results into broader portfolio analytics
  • Partner with Enterprise Risk, Finance, Model Developers, Credit Officers, and Business Units to design and drive internal stress testing exercises
  • Contribute to documentation and regulatory submissions with precision and clarity
  • Qualifications and Skills

    Education :

  • Bachelor’s degree in Finance, Economics, Statistics, or a related field. A Master’s degree or relevant professional certifications (e.g., CFA, FRM, ESG) are a plus
  • Experience :

  • 3+ years of experience in a large financial institution
  • Experience in project management, with a track record of leading or coordinating complex initiatives
  • Strong knowledge of credit risk modeling approaches, including stress testing models, CCAR, CECL, and related loss estimation methodologies is a plus
  • Experience in the credit risk identification process is a plus
  • Skills :

  • Excellent communication and interpersonal skills, with the ability to convey complex concepts clearly and work effectively across functions
  • Ability to work in a fast-paced, collaborative environment and manage multiple priorities
  • Strong Excel and PowerPoint skills, with experience utilizing these tools to efficiently organize data, transform and analyze information, and create engaging presentations
  • Proficiency in data analysis tools such as SAS, Python, R, SQL, or Alteryx, and visualization tools such as PowerBI is a plus
  • 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.

    EOE, including Disability / veterans

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