Portfolio Analyst (RMDAD)
New York, NY, US, 10172
SMBC Group is a top-tier global financial group. Headquartered in Tokyo and with a 400-year history, SMBC Group offers a diverse range of financial services, including banking, leasing, securities, credit cards, and consumer finance. The Group has more than 130 offices and 80,000 employees worldwide in nearly 40 countries. Sumitomo Mitsui Financial Group, Inc. (SMFG) is the holding company of SMBC Group, which is one of the three largest banking groups in Japan. SMFG’s shares trade on the Tokyo, Nagoya, and New York (NYSE: SMFG) stock exchanges.
In the Americas, SMBC Group has a presence in the US, Canada, Mexico, Brazil, Chile, Colombia, and Peru. Backed by the capital strength of SMBC Group and the value of its relationships in Asia, the Group offers a range of commercial and investment banking services to its corporate, institutional, and municipal clients. It connects a diverse client base to local markets and the organization’s extensive global network. The Group’s operating companies in the Americas include Sumitomo Mitsui Banking Corp. (SMBC), SMBC Nikko Securities America, Inc., SMBC Capital Markets, Inc., SMBC MANUBANK, JRI America, Inc., SMBC Leasing and Finance, Inc., Banco Sumitomo Mitsui Brasileiro S.A., and Sumitomo Mitsui Finance and Leasing Co., Ltd.
The anticipated salary range for this role is between $73,000.00 and $93,000.00. The specific salary offered to an applicant will be based on their individual qualifications, experiences, and an analysis of the current compensation paid in their geography and the market for similar roles at the time of hire. The role may also be eligible for an annual discretionary incentive award. In addition to cash compensation, SMBC offers a competitive portfolio of benefits to its employees.
Role Description
- Engage with internal teams to develop analytical views on both internal portfolio and credit market trends to be incorporated in senior management presentations and regulatory reporting
- Support the enhancement and adjustment of credit risk data governance, maintain clear communication with relevant control functions to effectively guide the credit data enhancement initiatives
- Collaborate with Risk Management Stress Testing and Scenario Design Team to enhance and expand stress testing on the portfolio, and assist in identifying emerging risks
- Perform daily, weekly, monthly, and ad-hoc credit risk analyses, and communicate key findings to team leadership
- Work with other team members in creating materials to communicate with other units, auditors, and regulatory agencies
Role Objectives: Interpersonal
- Excellent verbal and written communication skills to solicit input and distill complex credit issues and concepts in refining credit risk appetite and associated controls, accessible to all stakeholders
- Able to work well across functions and levels of expertise, to solicit and capture multiple points of view; render information so that it is accurate and actionable
- Ability to communicate clearly and effectively at every level of the organization
- Outstanding ethics, integrity, judgment and Intellectual curiosity
Role Objectives: Expertise
- Strong analytical skills; intellectually curious; excellent problem-solving abilities and the ability to break apart issues and come up to speed on new issues; attention to detail
- Understanding of credit risk management concepts and rating methodologies is a plus,
Qualifications and Skills
- Required: Baccalaureate degree in finance or quantitative field, including statistical, data visualization skills
- Preferred: Advanced degree or certification, such as MBA, CFA or Risk Management certifications
- Prior experience in global financial service firms or established consulting firms are preferred
SMBC’s employees participate in a Hybrid workforce model that provides employees with an opportunity to work from home, as well as, from an SMBC office. SMBC requires that employees live within a reasonable commuting distance of their office location. Prospective candidates will learn more about their specific hybrid work schedule during their interview process. Hybrid work may not be permitted for certain roles, including, for example, certain FINRA-registered roles for which in-office attendance for the entire workweek is required.
SMBC provides reasonable accommodations during candidacy for applicants with disabilities consistent with applicable federal, state, and local law. If you need a reasonable accommodation during the application process, please let us know at accommodations@smbcgroup.com.
Nearest Major Market: New York City