Vice President - Enterprise Scenario Design Lead at Sumitomo Mitsui Banking Corporation | NY, US | Rezi

Vice President - Enterprise Scenario Design Lead at Sumitomo Mitsui Banking Corporation

Vice President - Enterprise Scenario Design Lead

Sumitomo Mitsui Banking Corporation · NY, US

Today

Vice President - Enterprise Scenario Design Lead

Sumitomo Mitsui Banking Corporation · NY, US

10 hours ago
Resume preview

Impress employers and recruiters.
Choose from hundreds of resume examples.

Target Resume Now
Resume preview

Tailor your resume to this Vice President - Enterprise Scenario Design Lead role.

Rezi rewrites your resume against Sumitomo Mitsui Banking Corporation's job description. Free.

Resume score gauge reading 58 out of 100

Don't guess if your resume is good enough.

See how it scores against the Vice President - Enterprise Scenario Design Lead posting at Sumitomo Mitsui Banking Corporation — free, in seconds.

About the Role

The Enterprise Risk Management team is seeking a Vice President to provide enterprise-wide leadership for scenario design for the SMBC Americas Division. This includes developing, governing, and executing enterprise stress tests, such as CCAR. The role ensures that scenario methodologies, assumptions, and governance processes support effective capital adequacy assessment, risk appetite, and strategic decision-making, aligning with U.S. regulatory expectations and SMBC Group standards. The role reports to the Head of Stress Testing & Scenario Design.

Responsibilities

  • Develop macroeconomic forecasts for enterprise stress scenarios covering CCAR/capital stress testing, risk appetite, and ad hoc/rapid stress testing.
  • Coordinate with risk stripes to ensure consistency across macroeconomic forecasts and idiosyncratic market shocks for trading portfolios.
  • Develop scenario narratives that clearly articulate economic drivers, key assumptions, and risk impacts.
  • Own the scenario design policy and manage the scenario design working group with senior stakeholders from risk, finance, and front office.
  • Maintain an inventory of approved enterprise scenarios and their associated use cases.
  • Ensure linkage between enterprise scenarios and the firm's risk taxonomy, material risks, vulnerabilities, concentrations, and emerging risk inventory.
  • Partner with risk technology to create a scenario capability for housing all internal scenarios for downstream use.

Requirements

  • 10+ years of experience in scenario design, stress testing, capital planning, risk management, economics, or quantitative analytics within a large financial institution.
  • Deep expertise in macroeconomic trends and emerging risks impacting banking and trading portfolios.
  • Demonstrated experience designing macroeconomic scenarios and forecasts supporting CCAR and/or enterprise stress testing in a large, complex banking organization.
  • Strong understanding of U.S. regulatory expectations, including CCAR and capital planning guidance (SR 12-7/15-19), and related supervisory stress testing standards.
  • Ability to forge strong relationships with business partners including risk stripes, finance, and front office.
  • Gravitas to lead challenging and strategic discussions with business partners.
  • Exceptional ability to communicate scenario results to senior management and regulators.

Skills

  • Familiarity with both banking and trading products is highly desired.
  • Self-starter

Location

  • US

Work Type

  • Hybrid

Experience Level

  • Vice President
  • 10+ years

Education Level

  • Bachelor’s degree in finance/economics or related discipline
  • Master’s, MBA or PhD degree preferred in similar disciplines

Salary/Compensations

  • $155,000.00 - $195,000.00

Benefits

  • Competitive portfolio of benefits

About the Company

  • SMBC Group is a top-tier global financial group headquartered in Tokyo with a 400-year history.
  • Offers a diverse range of financial services including banking, leasing, securities, credit cards, and consumer finance.
  • Has over 130 offices and 80,000 employees worldwide in nearly 40 countries.
  • Sumitomo Mitsui Financial Group, Inc. (SMFG) is the holding company of SMBC Group, 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.
  • Offers a range of commercial and investment banking services to corporate, institutional, and municipal clients in the Americas.
  • Connects a diverse client base to local markets and the organization’s extensive global network.
  • 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.

Equal Opportunity

  • 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.