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SMBC Group · 1 day ago

Financial Reporting - Vice President

Jersey City, NJ

Full-time

Hybrid

Senior Level, Lead/Staff

$124K/yr - $175K/yr

8+ years exp

SMBC Group is a top-tier global financial group offering a diverse range of financial services. The Vice President of Financial Reporting will be responsible for supporting the calculation of Risk Weighted Assets and collaborating on regulatory reporting and automation efforts.

AdviceBankingFinancial Services

H1B Sponsor Likely

Responsibilities

Calculate quarterly capital ratios and credit and market risk weighted asset calculation for the Bank Holding Company

Support analysis of Basel RWA Reporting based on US Regulatory requirements

Assist in requirements gathering, test case reviews, user acceptance testing of the calculation engine automation

Works with IT on systems implementation

Document and maintain EUC procedures and ensure financial controls and validations are performed as expected

Build metrics reporting, impact assessments, and reporting of ongoing monitoring of any exceptions

Be involved in understanding and assessing impact of rule changes on the calculations and addition of new products

Focus on improving governance, efficiency and control through process optimization, and proactively identifying and remediating areas of regulatory deficiencies

Identify opportunities for automation, increased transparency, and enhancement of business processes

Work closely with key partners to ensure alignment with strategic goals

Qualification

RWA calculationBasel III knowledgeRegulatory reporting experienceAdvanced Excel skillsProject managementMulti-taskingInterpersonal skillsCommunication skillsTeam collaborationFlexibility

Required

Work experience in finance, accounting and/or risk in similar domain

RWA calculation experience necessary

Bachelor's degree in finance, accounting or similar discipline

8+ years of related work experience

Advanced Microsoft Office Suite (e.g. Excel) skills required

Self-motivated with ability to make decisions and maintain a controlled environment

Strong interpersonal/communication skills (oral and written)

Strong capability to manage complex projects independently, coordinating across multiple stakeholder groups

Ability to interact with all levels of management, work independently and in a team environment

Ability to be flexible and follow tight deadlines

Ability to multi-task, be proactive and collaborative

Significant knowledge of change/program management, financial operations and planning, risk and controls management, IT processes, and data management

Preferred

Experience with regulatory reports is preferred

Benefits

Competitive portfolio of benefits

Annual discretionary incentive award

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)

Distribution of Different Job Fields Receiving Sponsorship

Represents job field similar to this job

Trends of Total Sponsorships

2025 (160)

2024 (87)

2023 (73)

2022 (44)

2021 (29)

2020 (26)