Credit Stress Testing Vice President

Sumitomo Mitsui Banking Corporation • New York, NY

56d • Hybrid

About The Position

SMBC is seeking an experienced professional to join the Credit Portfolio Risk team. This role will support the firm's credit stress testing development and climate risk stress testing development, including ongoing BAU stress testing, and internal risk appetite processes. The role requires deep expertise in credit portfolio analytics, stress loss estimation, scenario design, and credit risk modeling, as well as strong leadership capabilities to manage a team of quantitative analysts.

Requirements

• Strong quantitative and analytical abilities in credit stress testing, data analysis, and forecasting techniques
• Strong communication and interpersonal skills with the ability to convey complex concepts clearly
• Ability to work effectively in a fast-paced, collaborative environment
• Strong Excel and PowerPoint skills, with experience utilizing these tools to efficiently organize data, transform and analyze information, and create engaging presentations
• 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
• 5+ years of experience in a large financial institution, with 1+ years in a leadership role within credit risk or portfolio analytics
• Strong working knowledge of credit risk modeling approaches, including stress testing models, CCAR, CECL, and related loss estimation methodologies
• Experience serving as a model owner - collaborating closely with model development teams to prioritize model development and implementation for stress loss models and loss components

Nice To Haves

• Proficiency in data analysis tools such as SAS, Python, R, SQL, or Alteryx, and visualization tools such as PowerBI is a plus
• Experience in integrating climate risk into stress testing is a plus
• Experience leading the credit risk identification process is a plus

Responsibilities

• Lead end-to-end stress testing analytics for wholesale credit portfolios, including risk identification, scenario design, loss forecasting, data preparation, model execution, and interpretation of results for senior management
• Partner with Enterprise Risk, Finance, Model Developers, Credit Officers, and Business Units to design and drive internal stress testing exercises
• Integrate credit stress testing results and forward-looking analyses into risk appetite framework to inform risk tolerance/limit decisions
• Serve as the model owner for the stress testing model, overseeing its development, implementation, and ongoing performance to ensure alignment with regulatory and internal standards
• Improve processes by developing and enhancing tools and infrastructure to automate workflows, improve data quality, and accelerate analytical turnaround time
• Support enterprise-wide initiatives related to climate risk integration, ESG-related credit exposure assessment
• Integrate regulatory expectations (e.g., SR 15-18, SR 12-7) into methodologies and documentation

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Credit Intermediation and Related Activities
• Number of Employees: 5,001-10,000 employees