Executive Director - Enterprise Stress Testing Lead

Sumitomo Mitsui Banking Corporation•New York, NY

6d•$214,000 - $255,000•Hybrid

About The Position

The Enterprise Risk Management is seeking an Executive Director to provide enterprise-wide leadership for stress testing for the SMBC Americas Division, including the development, governance, and execution of enterprise stress tests and the build-out and ongoing management of a CCAR program from a Risk perspective. The role ensures that stress testing methodologies, assumptions, and governance processes support effective capital adequacy assessment, risk appetite and strategic decision-making, in alignment with U.S. regulatory expectations and SMBC Group standards. The role will report to the Head of Stress Testing & Scenario Design and will manage a small team.

Requirements

12+ years of experience leading stress testing / CCAR initiatives in large and complex banking organization, ideally in a Category 3 bank or GSIB; hands on experience building out an enterprise stress testing/CCAR program preferred
Deep expertise in enterprise stress testing, CCAR and capital adequacy frameworks for large banking organizations;
Strong understanding of U.S. regulatory expectations, including Federal Reserve CCAR and capital planning guidance (SR 12-7/ 15-19), and related supervisory stress testing standards.
Broad knowledge of financial risk types and how stress scenarios transmit across trading and lending portfolios and balance sheets.
Ongoing awareness of regulatory priorities, model risk considerations, and industry stress testing practices.
Experience interacting with and managing regulatory expectations with respect to CCAR submissions; experience closing regulatory findings around CCAR is highly desirable
Exceptional ability to communicate complex stress testing outcomes and limitations to senior management, Boards, and regulators.
Self-starter and ability to forge strong relationships with business partners including Risk Stripes, Finance and Front Office
Gravitas to lead challenging and strategic discussions with business partners, especially Front Office traders and bankers

Responsibilities

Lead the design, governance, and execution of enterprise-wide stress testing covering credit, market, liquidity, operational, and non-financial risks.
Build, implement, and oversee a CCAR Risk program, including stress testing governance, documentation, challenge processes – working actively with Risk Stripes, Finance and Front Office to deploy the program across the businesses.
Establish and maintain stress testing policies, standards, and procedures aligned with SMBC Group frameworks and U.S. regulatory guidance.
Provide independent second-line challenge of stress testing assumptions, methodologies, overlays, and results produced by first-line and Finance partners.
Aggregate enterprise stress testing outputs to form an independent Risk view for senior management and Board oversight.
Ensure effective integration of stress testing results into capital planning, risk appetite, recovery and resolution planning, and strategic decision-making.
Coordinate closely with Finance, Treasury, Model Risk Management, Credit Risk, Market Risk, Liquidity Risk, and Regulatory Relations to ensure end-to-end process integrity.
Drive ongoing enhancement of stress testing capabilities in response to regulatory developments, internal reviews, and evolving risk exposures.
Engage with global SMBC Group risk counterparts globally to ensure alignment and utilization of best practices – with specific attention to alignment with EMEA during the 2026-28 timeframe.