Market Risk Analysis & Reporting Team Manager

$131,000 - $180,000/Yr

Sumitomo Mitsui Financial Group - New York, NY

Full-time - Senior

Remote - New York, NY

10,001+ employees

Credit Intermediation and Related Activities

About the position

The Market Risk Analysis & Reporting Team Manager at Sumitomo Mitsui Banking Corporation (SMBC) is responsible for overseeing the analysis and monitoring of Market Risk reports. This role involves providing detailed commentary on changes in risk results and ensuring compliance with regulatory requirements. The position offers opportunities for professional growth within a supportive team of experienced Market Risk professionals.

Responsibilities

• Perform Market Risk analysis and monitoring tasks for internal stakeholders
• Provide analysis and commentary explaining changes in Market Risk report results
• Familiarity with ‘new products' risk factors onboarding, testing, and implementation processes to support business growth
• Drive enhancements to improve risk reporting aggregation and reporting processes
• Support preparation of risk committee meeting materials for internal stakeholders
• Provide regular status updates to management and escalate issues timely, as necessary
• Ensure compliance with Market Risk reporting documents

Requirements

• 7 years of experience in a Market Risk analysis and monitoring role
• Bachelor's degree, preferably in finance, business administration, or related field
• Understanding of programming languages, such as SQL, Python, R, C++
• Basic understanding of financial products and their risks, including interest rate swaps, swaptions, caps/floors, corporate bonds, CDS, and Treasuries
• Familiarity with commonly used databases for data aggregation, such as Microsoft SQL, MySQL, and Oracle
• Proficient in VBA and visualization tools such as PowerBi and Powerpoint
• Knowledgeable about Market Risk regulatory requirements for Basel 2.5 and Basel III
• Strong analytical skills to identify and rectify reporting and monitoring issues effectively
• Ability to communicate appropriately at every level of the organization

Nice-to-haves

• Experience with risk committee meeting preparation
• Familiarity with Market Risk reporting documents

Benefits

• Work from home
• Competitive salary range of $131,000 - $180,000
• Annual discretionary incentive award
• Diversity and inclusion initiatives
• Hybrid workforce model