Vice President, Market Risk Analytics & Data Engineering

Sumitomo Mitsui Banking Corporation • New York, NY

34d • Hybrid

About The Position

SMBC is seeking a highly skilled Vice President (VP) to join the Market Risk - Product and Data Management Team within the Risk Management Department, Americas Division (RMDAD). This role is central to enhancing SMBC’s Market Risk analytics, data infrastructure, and reporting capabilities across the Combined U.S. Operations (CUSO).
The Vice President will bring a solid foundation in Market Risk fundamentals, including Value at Risk (VaR), stress testing, and interest rate sensitivities, combined with advanced Python based technical expertise. The role will focus on modernizing, streamlining, and automating Market Risk processes and models used for both regulatory and internal risk measurement.
This position plays a key role in enhancing existing analytical tools, improving model efficiency, and transforming manual or tactical workflows into robust, scalable, and well controlled automated solutions. The VP will ensure that all tools and models meet model risk management and governance expectations, supported by clear documentation, testing frameworks, and ongoing performance monitoring.Experience with CCAR (Comprehensive Capital Analysis and Review) and Global Market Shock (GMS) processes is highly valued. The VP will contribute to the design, testing, and execution of stress testing frameworks, supporting regulatory submissions as well as delivering clear, actionable insights to senior management.
The position reports to the Head of the Product and Data Management Team, offering the opportunity to learn from and collaborate with seasoned Market Risk professionals across the Americas and Head Office.

Requirements

• Bachelor’s degree in Finance, Business Administration, Economics, Mathematics, or related field
• Minimum of five years of experience working in a Market Risk management role
• Strong understanding of core risk management concepts: including Value-at-Risk (VaR), stress testing, and backtesting methodologies
• Advanced programming expertise in Python

Responsibilities

• Develop, enhance, and maintain Market Risk analytical tools and data processes supporting CUSO regulatory and internal reporting.
• Utilize advanced Python programming to modernize risk models, automate workflows, and improve computational speed, scalability, and control environments.
• Support the preparation, execution, and analysis of CCAR and Global Market Shock (GMS) stress testing, including scenario design, risk factor mapping, and results interpretation.
• Convert existing manual Market Risk processes into automated, scalable, and well-governed solutions aligned with model and operational risk standards.
• Produce clear documentation for models, tools, and processes, ensuring alignment with SMBC governance, audit requirements, and regulatory expectations.
• Collaborate with Market Risk managers, IT partners, Front Office, Data Governance, and Head Office teams to strengthen data pipelines and improve risk analytics.
• Conduct system testing, UAT, and periodic tool performance reviews to ensure reliability, accuracy, and consistency of Market Risk outputs.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level