Market Risk Stressed RWA Modelling

Market Risk Stressed RWA Modelling

The Vice President (VP) will be responsible for leading and developing CCAR market risk RWA models within the bank's Risk Modelling COE group. This role will drive the production needs and support various workstreams which will be responsible for calculating the bank's regulatory capital of trading book portfolios. This role will have a high level of visibility within the organization with opportunities to work directly with other groups. The ideal candidate should have a strong understanding of market risk models, and a solid grasp of financial markets as well as US regulatory framework.

Role Objectives

• Lead the development of CCAR market risk RWA framework to provide coverage for current and future regulatory changes.
• Develop business requirements for capital calculations, analytics and reporting on behalf of the team.
• Work closely with risk technology and data team to implement the models.
• Build strong relationships with various stakeholders, including market risk managers, trading desks and finance to drive team's deliverables and priorities.
• Ensure compliance with regulatory requirements and industry best practices related to market risk capital calculation.
• Coordinate with Model Risk and Validation to resolve model risk findings and ensure models meet regulatory standards.

Qualifications and Skills

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 .