Director - Risk Management (Regulatory Reporting: FR Y-14A / FR Y-14Q - Schedule L)

Sumitomo Mitsui Banking Corporation•New York, NY

9d•$178,000 - $231,000•Hybrid

About The Position

SMBC Group is a top-tier global financial group with a 400-year history, headquartered in Tokyo. It offers diverse financial services and has a significant international presence with over 130 offices and 80,000 employees worldwide in nearly 40 countries. Sumitomo Mitsui Financial Group, Inc. (SMFG) is the holding company and one of the three largest banking groups in Japan. In the Americas, SMBC Group provides a range of commercial and investment banking services to corporate, institutional, and municipal clients, connecting them to local markets and its extensive global network. The Director of Risk Management will lead the governance, framework design, and production of Schedule L for FR Y-14Q regulatory stressed and unstressed submissions along with FRY-14A reporting. This role is responsible for establishing a robust reporting infrastructure, building sustainable processes and systems, and coordinating cross-functional inputs across Risk, Finance, Technology, and Front Office teams. The individual will ensure accurate, timely, and well-controlled submissions aligned with regulatory expectations and internal governance standards.

Requirements

10+ years of experience in risk management, regulatory reporting, or stress testing within a large financial institution.
Deep familiarity with FR Y-14A / FR Y-14Q reporting requirements, particularly Schedule L.
Strong understanding of capital stress testing frameworks, regulatory reporting controls, and governance practices.
Experience building reporting frameworks, data processes, and regulatory infrastructure.
Proven ability to work across multiple stakeholders including Risk, Finance, Technology, and Front Office.
Strong analytical, project management, and communication skills.
Experience managing regulatory exams, audit interactions, and issue remediation.
Experience supporting CCAR / stress testing regulatory processes.
Prior experience leading cross-functional initiatives in a complex banking environment.

Responsibilities

Own the end-to-end preparation and submission of Schedule L for FR Y-14Q regulatory stressed and unstressed submissions along with FRY-14A reporting
Establish and maintain a comprehensive reporting framework covering data sourcing, calculations, controls, documentation, and submission timelines.
Ensure compliance with regulatory guidance and evolving supervisory expectations.
Design and implement a scalable operating model for Schedule L production.
Partner with Technology to develop or enhance systems and data pipelines supporting regulatory reporting.
Implement governance processes for data validation, issue management, and documentation.
Coordinate attestations and sign-offs from key stakeholders across Risk and Front Office.
Act as a central point of contact for questions related to Schedule L methodology, assumptions, and reporting requirements.
Address findings and implement remediation actions related to reporting processes and controls.