Vice President, Market Risk Analytics & Data Engineering
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 $155,000.00 and $195,000.00. 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
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.
Role 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.
Qualifications and Skills
• 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
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