CCAR Lead for Credit Risk

Role Description

SMBC is seeking an experienced credit risk professional to join the Credit Portfolio Risk team as Vice President, CCAR Credit Stress Testing. This role will lead the end-to-end execution and ongoing enhancement of wholesale credit stress testing for CCAR, DFAST and capital planning. The Vice President will partner with Credit Officers, Finance, Model Development, Model Risk Management, Technology, and the Front Office to deliver forecasts, effective governance and controls, clear documentation, and decision-ready insights for senior management and risk committees. The successful candidate will combine strong wholesale credit and quantitative expertise with sound judgment, effective stakeholder management, and the ability to lead and develop analysts.

Role Responsibilities:

• Own the end-to-end wholesale credit stress testing cycle and directly support CCAR submission delivery, including production planning, data readiness, scenario implementation, model execution, results aggregation, review and challenge, documentation, governance approvals, regulatory schedules, and submission controls.
• Produce and analyze stressed credit loss across wholesale portfolios; explain period-over-period movements, portfolio concentrations, scenario sensitivities, and key drivers to senior management and risk committees.
• Partner with Finance, Credit Officers, Business Units, Model Development, Model Risk Management, and Technology to translate regulatory and business requirements into repeatable methodologies, controlled workflows, and timely deliverables.
• Review and challenge model performance, assumptions, overlays, and management adjustments in partnership with model developers and validation teams, ensuring transparent rationale and consistent application.
• Maintain credit stress testing policies, standards, procedures, and risk appetite metrics in alignment with applicable U.S. regulatory guidance and SMBC Group frameworks.
• Drive strategic enhancements to data pipelines, analytical tools, and reporting processes to improve accuracy, scalability, transparency, and turnaround time.
• Lead and coach junior teammates.

Qualifications and Skills

Education:  

• Bachelor’s degree in Finance, Economics, Statistics, Mathematics, Engineering, Computer Science, or a related quantitative field. A master’s degree or relevant professional certification, such as the CFA or FRM, is preferred.

Experience: 

• Six or more years of relevant experience in wholesale credit risk stress testing within a large or complex financial institution.
• Hands-on experience executing at least one CCAR submission is required.
• Prior experience supporting CCAR submissions, including FR Y-14 reporting schedules and accompanying documentation, is preferred.
• Strong knowledge of wholesale credit risk models and stressed loss estimation across corporate and commercial real estate portfolios.
• Experience partnering with model development and validation teams to assess model outputs, assumptions, limitations, overlays, and compensating controls.
• Experience addressing matters raised by regulators, internal audit, model validation, or independent review teams and driving issues through sustainable remediation.

Skills:

• Advanced Excel and PowerPoint skills, with the ability to translate complex analysis into concise, decision-ready materials for senior and non-technical audiences.
• Proficiency in SQL and working knowledge of Python or another programming language for data extraction, reconciliation, testing, and process automation are a plus.
• Excellent communication, project management, problem-solving, stakeholder management, and people leadership skills.