Role Description

The role will focus on expanding and integrating the firm's counterparty credit risk (CCR) framework across policies, systems, and governance processes, while leading strategic initiatives, regulatory engagement, and audit-related matters. The ideal candidate will have a holistic understanding of counterparty credit risk and will represent the team in various forums.

Role Responsibilities:
• Lead strategic initiatives to enhance and align the firm's CCR framework across regions (e.g., AD/EMEA), ensuring consistency in limit setting, collateral standards, escalation processes, and governance in line with regulatory expectations (SR11-10, BCBS guidance).
• Own end-to-end enablement of new product and business initiatives, driving timely execution through the design and implementation of robust CCR control frameworks, governance processes, and system enhancements, including development of detailed technical requirements and cross-functional alignment.
• Lead the development and enhancement of CCR policies, standards, and procedures, and drive stakeholder socialization, training, and consistent interpretation.
• Serve as a central coordinator across CCR initiatives, ensuring alignment between policy, systems, governance, and risk appetite, while driving cross-functional resolution of CCR issues across Analytics, Model Validation, IT, Front Office, Operations, Risk, Legal, and Compliance.
• Prepare and coordinate materials for senior management, regulatory examinations, and audits, ensuring consistent and clear CCR narratives across all outputs, and effectively communicate progress on issues, and remediation efforts.
• Represent the CCR team in CCAR and broader stress testing governance activities, ensuring alignment with supervisory expectations.
• Assist in managing the day-to-day counterparty limit monitoring process by tracking risk metrics against approved limits, addressing limit breaches, and following up on remediation efforts with front-line teams, and other stakeholders across derivatives and cash trading desks.
• Identify and drive opportunities to incorporate data analytics and AI-driven solutions into CCR processes.

Qualifications and Skills
• 7+ years of experience in risk management or a risk-taking role, preferably with a focus on capital markets and derivatives.
• Strong analytical, quantitative, and communication skills (written and verbal).
• Good knowledge and understanding of Capital Markets, derivatives products, risk metrics (EPE, PFE, XVA), and CSA/ISDA documents.
• Advanced proficiency in developing executive-level presentations (PowerPoint), including ability to translate complex CCR analytics, risk metrics, and regulatory concepts into clear, structured, and visually effective materials for senior management and regulators.
• Experience with drafting risk management policies and procedures.
• Strong technical skills, including proficiency in Power BI, Excel, Word etc.
• Familiarity with data analytics and AI-enabled tools to enhance risk monitoring, reporting, and process efficiency.
• Ability to collaborate effectively with stakeholders, building positive relationships to drive team and organizational mandates.
• Strong organizational skills and ability to manage multiple assignments concurrently, with flexibility to meet deadlines.
• A Master's or Bachelor's degree in finance, mathematics, engineering, or statistics preferred.
• Progress towards CFA and/or FRM certification 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.