Sumitomo Mitsui Banking Corporation – SMBC Group

Compensation

Full Description

Description: • Manage and lead end-to-end quarterly CECL allowance process and loss provision forecast, including communication to SMBC executives and Board of Directors • Design and conduct stress testing and scenario analysis to assess adverse economic impacts • Implement CCAR for MANUBANK in partnership with key stakeholders • Provide model oversight and analytics for all MANUBANK models, partnering with risk modeling and model validation teams • Ensure models align with corporate policies, are fit for use, adequately monitored, and findings are closed on time • Maintain expert-level knowledge of financial and regulatory landscapes and make adjustments as necessary • Work collaboratively with 1st and 3rd lines of defense and Non-Financial risk specialists • Represent MANUBANK’s interests with regional and global stakeholders, governance, internal auditors and regulators • Lead, mentor and develop a small team of analysts and uphold the Bank’s risk culture and Code of Conduct Requirements: • Bachelor's Degree in Finance, Economics, Business Administration, Scientific, Data Science or equivalent quantitatively-based field • Advanced degree or professional certification preferred • CFA or FRM certification a plus • 12+ years of experience, including substantial experience in credit risk management and credit forecasting activities and overall bank financial management • Significant period responsible for loan loss provision and allowances including CECL reserving • Experience managing the loss provision through economic stress and a rapid growth environment • Strong view on the macroeconomic environment and how it could potentially impact bank provisions • CCAR experience is a plus • Proficiency and exposure to risk modeling and data analysis, including credit risk models and forecasting models • Strong communication and presentation skills; ability to interface with senior management, CEO, Board of Directors, parent representatives, peers, auditors, and regulators • High attention to detail and strong organizational skills • Proven ability to recruit, build and develop a team • Hands-on professional manager, self-motivated, curious, and data-skilled • Strong and diverse knowledge across commercial and retail banking lending products, including scoring, machine learning and other risk dynamics Benefits: • May be eligible for an annual discretionary incentive award • In addition to cash compensation, SMBC MANUBANK offers a competitive portfolio of benefits to its employees