Vice President - Regulatory Reporting Change Management
About The Position
SMBC Group is a global financial group headquartered in Tokyo, operating in nearly 40 countries with more than 130 offices and 80,000 employees. In the Americas, it provides commercial and investment banking services to corporate, institutional, and municipal clients through its regional operating companies. The Vice President - Regulatory Reporting Change Management will design and implement new and enhanced regulatory reports for SMBC Bank, supporting compliance with Federal Reserve reporting requirements applicable to the bank’s regulatory category. The role supports daily, quarterly, and annual reporting obligations and works with stakeholders across Risk, Data, Compliance, Finance, and subsidiary organizations to develop regulatory reporting solutions. The position is permitted to be 100% remote, although SMBC also describes a hybrid workforce model that generally requires employees to live within reasonable commuting distance of an office; role-specific arrangements are discussed during the interview process.
Requirements
- Bachelor’s degree in computer science, electronics engineering, or a related field.
- At least 7 years of progressively responsible experience.
- Experience with AXIOM and PL/SQL.
- Experience with system or data implementation projects.
- Experience delivering projects across the Systems Development Life Cycle (SDLC), including business and data requirements gathering, systems analysis, technical design, data mapping, quality assurance and testing, and project management.
- Experience with regulatory reporting implementation and automation projects.
Responsibilities
- Design and implement new and enhanced regulatory reports to support compliance with Federal Reserve requirements.
- Support daily, quarterly, and annual reporting obligations and implement functionality to meet changing regulatory reporting requirements.
- Identify key data elements for products reported in regulatory filings.
- Gather requirements and perform business and data analysis with stakeholders across Risk, Data, Compliance, and Finance.
- Develop knowledge of bank products and their reporting classifications; map and trace regulations, business rules, requirements, and technical solutions to create an auditable compliance framework.
- Create product mapping and gap-analysis documentation, working with source-system owners to identify and document regulatory reporting data requirements.
- Evaluate and prioritize change requests, defect remediation, and project estimates throughout the project lifecycle.
- Identify process gaps, redesign business processes, propose application designs, and participate in review and approval of system architecture for regulatory reporting solutions.
- Collect, analyze, and reconcile financial data from SMBC Bank subsidiaries for Bank Holding Company (BHC) and CUSO-level regulatory reporting.
- Partner with Risk and Compliance teams to develop regulatory reporting solutions.
- Evaluate and implement data integration and transformation methodologies using the bank’s analytical framework and risk management practices.
- Participate in Unit Testing and User Acceptance Testing (UAT) to validate solutions and report accuracy.
- Validate and reconcile AXIOM regulatory reports, including calculation logic, data integrity, and model outputs.
Benefits
- Competitive portfolio of employee benefits
- Potential eligibility for an annual discretionary incentive award
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Senior
