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 $113,000.00 and $140,000.00. 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 Objectives

• Design, develop, and enhance the firm's Operational Risk Scenario Design and Stress Testing framework, integrating multiple risk programs including Internal Loss Data, External Loss Data, Key Risk Indicators, Risk and Control Self Assessments, Control Testing, and Risk Appetite. Lead the Scenario Design and Stress Testing program, including development of risk scenarios, calibration of models, and quantification of stress capital in line with regulatory expectations.
• Conduct and facilitate Subject Matter Expert (SME) workshops, guiding participants through scenario development, risk assessment, estimation methodologies, and capital determination processes.
• Build and continuously enhance risk models, processes, methodologies, policies and procedures to support operational risk measurement, capital adequacy, and regulatory submissions,
• Design, develop, and enhance the firm's Operational Risk Scenario Design and Stress Testing framework, integrating multiple risk programs including Internal Loss Data, External Loss Data, Key Risk Indicators, Risk and Control Self Assessments, Control Testing, and Risk Appetite. Lead the Scenario Design and Stress Testing program, including development of risk scenarios, calibration of models, and quantification of stress capital in line with regulatory expectations.
• Conduct and facilitate Subject Matter Expert (SME) workshops, guiding participants through scenario development, risk assessment, estimation methodologies, and capital determination processes.
• Build and continuously enhance risk models, processes, methodologies, policies and procedures to support operational risk measurement, capital adequacy, and regulatory submissions, particularly in preparation for the Comprehensive Capital Analysis and Review (CCAR) bank requirements. Collaborate with stakeholders across front office, back office, and risk management teams to ensure accurate capture, validation, and analysis of operational risk exposures. Develop and implement AI/ML-based predictive and analytical tools to automate and streamline data collection, risk analysis, and stress testing processes. Ensure compliance with U.S. regulatory standards for operational risk (Federal Reserve Bank, Office of the Comptroller of the Currency, and Dodd-Frank Act stress testing principles) including governance, documentation, validation, and reporting requirements.
• Manage and oversee the Operational Risk Appetite program, ensuring that risk tolerance metrics (measures and limits) are aligned with the firm's strategic objectives and regulatory guidance.
• Prepare senior management and board-level presentations, reports, and recommendations to communicate stress testing outcomes, risk appetite metrics, and capital implications.
• Drive annual enhancements to operational risk programs, leveraging data insights and regulatory feedback to ensure the framework remains robust, scalable, and compliant.
• *Hybrid remote work permitted.

Qualifications and Skills

• Master's degree in enterprise risk management, finance, or a related field plus 1 year of experience.
• Experience must include the following: operational risk frameworks such as internal loss data, external loss data, key risk indicators, risk and control self-assessments, control testing and risk appetite; risk modeling; scenario design and stress testing methodologies; U.S. regulatory standards such as Federal Reserve Bank, Office of the Comptroller of the Currency, and Dodd-Frank Act stress testing principles; quantitative, statistical, and machine learning techniques such as , data automation; data analysis tools and programming languages such as Python, and SQL.
• The required skills do not need to be maintained over the full term of required experience.

The role is eligible for an annual discretionary incentive award. In addition to cash compensation, SMBC offers a competitive portfolio of benefits to its employees.

For benefit information, please see the Careers page

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.