The anticipated salary range for this role is between $99,882.00 and $105,000.00. 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 Objectives: Delivery- Prepare and submit liquidity reports, including daily/monthly/quarterly Internal Liquidity Stress Testing, Intraday Liquidity monitoring, Early Warning Indicator, Collateral Monitoring
- Report and other liquidity risk limits, ensuring accuracy and compliance with regulatory standards, for various SMBC entities.
- Support compliance with U.S. regulatory requirements for the Daily Liquidity positioning report and internal liquidity stress testing, Liquidity Coverage ratio, Stable Funding ratio and short-term wholesale funding reports for Consolidated US Operations, the US "Bank Holding Company", as well as Sumitomo Mitsui Financial Group, Inc. for Tokyo Head office reporting, while collaborating with Treasury, Risk, Finance, and Operations teams to ensure accurate and timely reporting.
- Partner with Asset Liability Management & Funds Transfer Pricing, Liquidity Management and Capital Management teams in refining methodologies and automating processes in Quantitative Risk Management (QRM) liquidity reporting tool and expanding existing capabilities due to regulatory requirements or introduction of new products by the firm.
- Develop strong partnerships with key stakeholders across SMBC's Head Office and entities in Americas & EMEA to adequately understand the firm's liquidity position, identify trends/risks, and provide advice on new product approval.
- Monitor and reconcile liquidity positions across SMBC entities within US. Support the team in Japan and US regulatory exams and addressing internal findings issued by 2nd or 3rd line of defense. Monitor and analyze key liquidity risk metrics to assess the firm's funding position and liquidity risk exposure.
- Produce underlying analyses and meeting materials for senior management committees and regulatory communications on spot and forward-looking strategies. Communicate key liquidity trends and findings to senior management, the 1st and 2nd line of defense.
- Ensure liquidity reports meet regulatory requirements from agencies such as the Federal Reserve, Basel Committee, Japan Financial Services Agency Reporting, FINRA and other relevant regulators. Develop Liquidity stress and balance sheet forecast models across various business lines (investment banking, trading, commercial, consumer) working with front office to understand SMBC entities operations and inter-affiliate activity (borrowing /funding).
- Collaborate with model owners and model validation team to address validation findings and ensure models meet internal and external standards.
- Conduct back-testing, sensitivity analysis and attribution analyses along with other modeling and analytical tests to provide robust quantitative solutions based on the specific business model of each SMB entity.
Hybrid remote work permitted.
Qualifications and Skills- Bachelor's degree in Business Administration, Finance, Enterprise Risk Management or a related field plus 2 years of experience in counterparty risk, risk governance, broker-dealer risk, or swap dealer oversight in a large financial institution or financial industry in Finance, Treasury, or Risk departments.
- Special Skills: Liquidity metrics and reporting requirements across US, Japan, and International (Basel Committee) regulations; business mix and liquidity stress models of both Bank and Broker/Dealer entities including experience modeling or managing complex financial products required; financial reporting, Liquidity reporting, early warning indicators, stress testing, and risk systems- Oracle ledger, Prism/REVAL, Daisy, Star, Polaris, Axiom, RegReporter; Dodd-Frank Section 165 liquidity stress testing and related governance frameworks; Treasury transformation initiatives and internal system upgrades; ELF Database, Python, SQL, Power BI; Financial risk modeling techniques.
The role is eligible for an annual discretionary incentive award. In addition to cash compensation, SMBC offers a competitive portfolio of benefits to its employees.
For benefit information, please see the Careers page
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.
