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SMBC Group · 2 weeks ago

Credit Stress Testing Vice President

New York, NY

Full-time

Hybrid

Mid, Senior Level

$145K/yr - $185K/yr

5+ years exp

SMBC Group is a top-tier global financial group offering a diverse range of financial services. They are seeking an experienced professional to join the Credit Portfolio Risk team, focusing on credit stress testing development and climate risk stress testing development, while managing a team of quantitative analysts.

AdviceBankingFinancial Services

H1B Sponsor Likely

Responsibilities

Lead end-to-end stress testing analytics for wholesale credit portfolios, including risk identification, scenario design, loss forecasting, data preparation, model execution, and interpretation of results for senior management

Partner with Enterprise Risk, Finance, Model Developers, Credit Officers, and Business Units to design and drive internal stress testing exercises

Integrate credit stress testing results and forward-looking analyses into risk appetite framework to inform risk tolerance/limit decisions

Serve as the model owner for the stress testing model, overseeing its development, implementation, and ongoing performance to ensure alignment with regulatory and internal standards

Improve processes by developing and enhancing tools and infrastructure to automate workflows, improve data quality, and accelerate analytical turnaround time

Support enterprise-wide initiatives related to climate risk integration, ESG-related credit exposure assessment

Integrate regulatory expectations (e.g., SR 15-18, SR 12-7) into methodologies and documentation

Qualification

Credit risk modelingStress testing analyticsData analysis toolsLeadership capabilitiesExcelPowerPointCommunication skillsForecasting techniquesVisualization toolsClimate risk integrationCollaborative environmentInterpersonal skills

Required

Bachelor's degree in Finance, Economics, Statistics, or a related field

5+ years of experience in a large financial institution

1+ years in a leadership role within credit risk or portfolio analytics

Strong working knowledge of credit risk modeling approaches, including stress testing models, CCAR, CECL, and related loss estimation methodologies

Experience serving as a model owner – collaborating closely with model development teams to prioritize model development and implementation for stress loss models and loss components

Strong quantitative and analytical abilities in credit stress testing, data analysis, and forecasting techniques

Strong communication and interpersonal skills with the ability to convey complex concepts clearly

Ability to work effectively in a fast-paced, collaborative environment

Strong Excel and PowerPoint skills, with experience utilizing these tools to efficiently organize data, transform and analyze information, and create engaging presentations

Proficiency in data analysis tools such as SAS, Python, R, SQL, or Alteryx, and visualization tools such as PowerBI

Preferred

Master's degree or relevant professional certifications (e.g., CFA, FRM, ESG)

Experience in integrating climate risk into stress testing

Experience leading the credit risk identification process

Benefits

Annual discretionary incentive award

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)

Distribution of Different Job Fields Receiving Sponsorship

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Trends of Total Sponsorships

2025 (160)

2024 (87)

2023 (73)

2022 (44)

2021 (29)

2020 (26)