Associate, Credit Portfolio Risk

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 an associate to support the ongoing enhancement and refinement of portfolio reporting and governance capabilities. This position is expected to design net-new portfolio reporting, , enhancing data infrastructure and engage in automation. This role will play a key part in enhancing credit portfolio reporting though improved data sourcing, transformation, and visualization, while partnering closely with Business, Risk Data team, and Technology stakeholders.

Role Objectives: Delivery

• Enhance credit portfolio risk reports and dashboards based on business need or senior management requirements, including exposure, risk concentration, limits and trend analytics.
• Identify the enhancements opportunities through the existing reporting process and partner with Risk Data team and Technology to improve data sourcing, transformation and controls
• Coordinate and manage the data enhancement projects, ensuring timely delivery of milestones, and effective communication with stakeholders.
• Engage in the automation of the reports to improve the reporting efficiency

Role Objectives: Interpersonal

• Excellent verbal and written communication skills to solicit input and distill complex credit issues and concepts that are accessible to all stakeholders with different experience levels.
• Recommend enhancements to senior management to improve efficiency and accuracy of portfolio reporting processes.

Role Objectives: Expertise

• Strong data manipulation and automation skills using Excel and advanced tools to quickly and accurately gather data.
• Analytical mindset with problem-solving ability, intellectual curiosity, and attention to detail.
• General understanding of credit risk management concepts and knowledge of U.S. and international regulatory requirements and industry best practices.

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) are a plus

• 3+ years of experience in a large financial institution
• Experience in credit portfolio reporting and monitoring
• Knowledge of credit risk reporting process, risk appetite metrics, and credit risk data preferred
• Experience in project management, with a track record of leading or coordinating complex initiatives is a plus

• 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 under tight deadline
• Willing to learn business knowledge across products for credit risk reporting
• Strong Excel and PowerPoint skills, with experience utilizing these tools to efficiently organize data, transform and analyze information, and create engaging presentations
• Proficiency in advanced data analytical tools such as SQL, Python, or Alteryx, and visualization tools such as Power BI 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 [email protected].