This role is located in New York City and will require a hybrid work schedule of at least 2 days in office per week.This role is for Officer level candidates.
Department Overview:The Americas Division ("AD") was established in the Sumitomo Mitsui Trust Bank, Limited, New York Branch) ("SMTBNY") to perform corporate functions and supervise U.S. entities. Established under the AD are the "Global Banking Unit ("GBU"), Americas Division" and "Global Market Unit ("GMU"), Americas Division" which performs business functions. The Treasury Team ("MTR") focuses on Funding Activities and Security and Forex Investments. The Treasury Team is divided into the ALM and Investment Accounts. The Front Office Risk Management & Administration Team's ("FORMAT/ MFM") primary responsibility is to establish and maintain a sound risk management structure regarding compliance and operational risks within the GMU.
Your Position Overview:Treasury Risk AnalystPrimarily responsible for monitoring liquidity risks in Americas Division to comply with internal and regulatory requirements. Provide liquidity risk monitoring reports, perform stress scenario updates, and improve reports for accurate and timely reporting.
FORMAT AnalystPrimarily responsible for monitoring regulations. Work with risk owners to ensure that GMU complies with all required regulations. Perform tasks concerning credit line management, performs account maintenance and assist traders with necessary risk management and infrastructure management. Liaison with Head Office.
Your Duties and Responsibilities:
Treasury Risk Analyst- Ensure stress testing is performed to assess the impact of cash movements for heightened monitoring and reporting.
- Collect, analyze, and scrutinize liquidity risk data from various departments, and update stress test scenarios, assumptions, and contingency funding plan.
- Implement other risk management frameworks and ensure they are performed.
FORMAT Analyst- Primarily responsible for monitoring regulations. Wors with risk owners to ensure that GMU complies with all required regulations. May be responsible for creating regulatory frameworks for GMU.
- Perform transactions / counterparties review and prepare monthly reports.
- Perform operational risk management, manage various project teams as assigned, as well as development and improvement of internal controls.
- Assist with procedure manuals updates, FRB / NYSDFS examinations, compliance testing, and audits as needed.
- Ensure proper credit line and counterparty risk management.
- May liaise with Head Office.
- Performs other duties and responsibilities as assigned by management.
Your Qualifications:- Bachelor's degree or equivalent, in finance, economics, data processing and programming with 5+ years of related experience
- Advanced in Microsoft 365 (Word, and Outlook), intermediate knowledge of Excel. Basic understanding of Visual Basic Application, SQL, Access, and Power Point preferred.
- Knowledge of risk management and market products and services, preferred.
- Understanding of key liquidity regulations such as Reg YY, FR 2052a, LCR and NSFR
- Knowledge of ISDA and CSA, preferred.
- Prior work experience in a financial institution, preferred.
- The Employee Benefits package includes: Paid Time Off, medical, HSA, vision, dental, FSA, 401(k), profit sharing, legal plan, cancer indemnity plan, disability insurance, life insurance, employee assistance program, commuter benefits, business travel accident, paid volunteer day, paid memberships, paid seminars, and tuition assistance.
- We offer many socialization opportunities for wellness, financial wellbeing, runs/walks, team building, happy hours, and activities to support the Sustainable Developmental Goals.
Check out our LinkedIn for our employee experience: https://www.linkedin.com/company/smtbny