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SMBC Group · 1 week ago

Risk Model Validation Director

Jersey City, NJ

Full-time

Hybrid

Senior Level, Lead/Staff

$213K/yr - $235K/yr

10+ years exp

SMBC Group is a top-tier global financial group offering a diverse range of financial services. The Risk Model Validation Director will implement the Model Risk Management framework for the Combined U.S. Operations of SMFG by performing independent validation and review of Stress Testing Models.

AdviceBankingFinancial Services

H1B Sponsor Likely

Responsibilities

Conducts model validation and model risk governance across SMBC businesses and group companies

Develops model validation methodology to assess models to confirm the conceptual; soundness of model theory, quality of model implementation, and robustness of model ongoing monitoring

Conducts thorough review on model annual assessment, model changes, and ongoing monitoring results

Develops and maintains documentation, work papers and professional reports of validation results

Communicates findings from validation work to management and stakeholders, including recommendations as appropriate

Ensures business continuity under all conditions, sometimes adverse, with strict adherence to established guidelines and deadlines

Qualification

Model validationStatistical modelsRegulatory requirementsProgramming skillsAnalytical skillsInterpersonal skillsProblem solvingCommunication skills

Required

10 years of experience in model validation and model development

Knowledge and skill set in model validation and model development; and working with large and complex data sets

Ability to apply regulatory requirements outlined in CECL, IFRS9, SR11-7, capital, CCAR, and DFAST, and other regulations and rules to conducting model validation and model governance assignments

Strong analytical skills, both quantitative and qualitative

Good problem solver; ability to learn quickly; able to work multiple cross-functional efforts

Effective interpersonal skills, strong communication, especially written

Programming skills: Python, R, SAS, SQL

Benefits

Annual discretionary incentive award

A competitive portfolio of benefits

Company

SMBC Group

Glassdoor3.5

SMBC Group is a top-tier global financial group.

Founded in 1590

New York, New York, USA

10001+ employees

https://www.smbcgroup.com/americas

H1B Sponsorship

SMBC Group has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

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2025 (160)

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2020 (26)