CCAR Data Analyst, Associate

Sumitomo Mitsui Financial Group, Inc. • $80K — $95K *
Charlotte, NC 28269In-Person
Finance & Insurance
5 - 7 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Bachelor's degree in Accounting, Finance, Business Analytics, Computer Science, Information Systems, or related field.
  • Strong knowledge of Banking and Financial Services, particularly in Regulatory Reporting and CCAR.
  • Solid understanding of banking products like Loans, Securities, Deposits, and Derivatives.
  • Excellent analytical, problem-solving, and communication skills for stakeholder interaction.
  • Experience with Agile and Waterfall project management methodologies.
  • Proficient in SQL, Python, Microsoft Excel, Tableau, Visio, and Jira.
  • Familiarity with data governance, quality management, and regulatory compliance requirements.

Responsibilities

  • Collaborate with stakeholders to gather and analyze data requirements for CCAR and Regulatory Reporting.
  • Partner with Data Management teams to source and onboard necessary data.
  • Perform data mapping, lineage analysis, and gap assessments.
  • Create and maintain documentation for functional specifications and business requirements.
  • Translate business needs into technical specifications with development teams.
  • Identify process improvement opportunities through business process analysis.
  • Support Unit Testing, QA, and UAT activities, and address data quality issues.

Benefits

  • Hybrid work model allowing flexibility between home and office.
  • Opportunities for professional growth and development within a major Digital Transformation initiative.
  • Engagement in a critical role that contributes to regulatory compliance and business operations.
Full Job Description
Role Description

SMBC is driving a major Digital Transformation initiative across its Americas Division, with a strong focus on modernizing technology platforms, enhancing data-driven decision-making, and supporting business growth. As part of this transformation, we are seeking a talented Data Analyst to join the Regulatory Reporting & CCAR Technology Team.

The Data Analyst will play a critical role in analyzing business and data requirements, designing data solutions, and supporting the implementation of technology initiatives that automate and enhance Regulatory Reporting and CCAR reporting processes.

Key Responsibilties

  • Collaborate with business stakeholders to gather, analyze, and validate data requirements for CCAR and Regulatory Reporting initiatives.
  • Partner closely with Data Management teams to identify, source, and onboard data required for regulatory and stress testing reporting.
  • Perform data mapping, data lineage analysis, gap assessments, and current-state versus future-state analysis.
  • Create and maintain functional specification documents, data mapping artifacts, business requirements, and data lineage documentation.
  • Work with development teams to translate business requirements into functional and technical specifications and support solution implementation.
  • Analyze existing business processes and identify opportunities for process improvements, automation, and operational efficiencies.
  • Conduct detailed data analysis and support Unit Testing, Quality Assurance (QA), and User Acceptance Testing (UAT) activities.
  • Participate in the resolution of data quality issues and support data governance initiatives.


Qualifications and Skills

  • Bachelor's degree in Accounting, Finance, Business Analytics, Computer Science, Information Systems, or a related field.
  • Strong knowledge of Banking and Financial Services, including Regulatory Reporting and CCAR reporting (FR Y-14A, FR Y-14M, and FR Y-14Q).
  • Solid understanding of banking products, including Loans, Securities, Deposits, and Derivatives.
  • Excellent analytical, problem-solving, and communication skills, with the ability to clearly articulate findings and recommendations to senior management and business stakeholders.
  • Experience working with both Agile and Waterfall project delivery methodologies.
  • Proficiency in data analysis and reporting tools, including SQL, Python, Microsoft Excel, Tableau, Visio, and Jira.
  • Experience with Databricks and modern cloud-based data platforms is preferred.
  • Strong understanding of data governance, data quality management, data validation, data reconciliation, and data lineage concepts.
  • Familiarity with regulatory reporting controls, audit requirements, and enterprise data management practices.
  • Ability to manage multiple priorities in a fast-paced, regulatory-driven environment.


Preferred Qualifications

  • 7+ years of experience supporting Regulatory Reporting, CCAR/Stress Testing, Treasury, Finance, or Risk Management initiatives within the banking industry.
  • Hands-on experience with large-scale data integration, data warehousing, and regulatory reporting platforms.
  • Experience performing data sourcing, data mapping, reconciliations, controls validation, and root cause analysis for reporting and compliance requirements.
  • Understanding of end-to-end regulatory reporting processes and associated data governance frameworks.

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.

About Sumitomo Mitsui Financial Group, Inc.

Sumitomo Mitsui Financial Group, Inc. Careers

There has never been a more opportune time to join the dynamic team at Sumitomo Mitsui Financial Group, Inc. (SMFG)—a leading force in the financial services industry recognized for its leadership in innovation and diversity.

Explore Job Opportunities

Sumitomo Mitsui Financial Group, Inc. offers a plethora of job opportunities that cater to a variety of skills and interests. The company is renowned for its commitment to professional growth and leadership development, making it an ideal environment for ambitious individuals looking to advance their careers.

Experience Professional Growth

At SMFG, career advancement is not just a possibility but a priority. The company supports its team members with extensive training programs, including leadership development and diversity training, ensuring that every employee has the tools and knowledge necessary to succeed.

Join a Diverse and Inclusive Team

Diversity and inclusion are at the core of the company culture at Sumitomo Mitsui Financial Group, Inc. With a global team that values unique perspectives and fosters a collaborative and inclusive environment, SMFG is a place where everyone can thrive.

Internship Programs

For those starting their career journey, SMFG offers internship programs that provide a robust foundation in the financial sector. Interns gain invaluable experience, working alongside seasoned professionals and engaging in projects that offer real-world applications of their studies.

Benefits and Culture

Sumitomo Mitsui Financial Group, Inc. is dedicated to not only attracting but also retaining top talent by offering competitive benefits that enhance both personal and professional life. The company culture promotes work-life balance, employee well-being, and continuous learning.

Innovative Work Environment

Innovation is a key driver of SMFG’s success. Employees are encouraged to bring forward-thinking ideas to the table and are provided with the resources to transform these ideas into actionable solutions that drive the financial industry forward.

Networking and Career Development

Networking opportunities within SMFG are abundant. Employees are encouraged to connect with colleagues and industry leaders through various platforms and events, enhancing their professional network and opening doors to myriad career opportunities.

Apply for a Position

Sumitomo Mitsui Financial Group, Inc. is actively hiring and looking for talented individuals who are passionate, curious, and driven. Explore open positions that match your skills and interests on the SMFG careers page.

Stay Connected with SMFG Careers

Keep up to date with the latest career tips, industry insights, and company news from Sumitomo Mitsui Financial Group, Inc. Subscribe to receive updates and stay informed about new job openings and employment trends.

Prepare for Your Interview

Aspiring to join SMFG? Prepare your resume to reflect your best self and gear up for the interview process where you can showcase your skills and passion for finance and innovation.

Career Opportunities Await

At Sumitomo Mitsui Financial Group, Inc., the potential for professional development and personal growth is limitless. Discover the exciting and rewarding career opportunities that await at SMFG, where every position contributes to the company’s global success and leadership in the financial industry.
Learn more about Sumitomo Mitsui Financial Group, Inc.
Industry
Finance & Insurance
* Ladders Estimates

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