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SMBC Group · 2 days ago

Director, Counterparty Credit Risk Stress Testing

New York, NY

Full-time

Hybrid

Senior Level, Lead/Staff

$178K/yr - $231K/yr

10+ years exp

SMBC Group is a top-tier global financial group offering a diverse range of financial services. The Director of Counterparty Credit Risk Stress Testing is responsible for leading the execution and oversight of CCR stress testing, ensuring accuracy and integrity of results while providing insights to management and regulators.

AdviceBankingFinancial Services

H1B Sponsor Likely

Responsibilities

Lead the execution, governance, and control framework for CCR stress testing models supporting internal stress testing exercises and CCAR

Review, challenge, and validate stressed exposure outputs to ensure results are intuitive, explainable, and aligned with stress scenarios and underlying risk drivers

Analyze and explain material movements in stressed exposures, including scenario impacts, portfolio changes, and model behavior, and provide clear narratives to CCR team and senior management

Partner with Technology teams to drive model implementation, productionization, automation, and performance optimization of stress testing platforms

Coordinate with Risk Analytics and Model Risk Management to address model validations, findings, limitations, and remediation plans related to stress testing models

Ensure adherence to regulatory requirements, supervisory guidance, and internal policies governing firmwide stress testing and CCAR

Drive enhancements to stress testing methodologies, data quality, controls, and documentation to strengthen model credibility and regulatory defensibility

Support regulatory exams, internal audits, and management reviews related to counterparty credit risk stress testing

Qualification

Counterparty Credit RiskStress TestingRisk AnalyticsCCARExposure ModelingModel ImplementationGovernanceDocumentation StandardsCommunication Skills

Required

10+ years of experience in Counterparty Credit Risk, Stress Testing, Risk Analytics, or related disciplines within a large financial institution

Bachelor's degree in Finance, Economics, or a related discipline

Strong expertise in stress testing frameworks and CCAR, including regulatory expectations, governance, and documentation standards

Deep understanding of counterparty credit risk exposure modeling (e.g., PFE, EAD), netting, collateral, and stress scenario design and application

Proven experience managing large-scale model execution processes and assessing the reasonableness of stressed exposure results

Hands-on experience partnering with Technology teams on model implementation, system architecture, and data integration

Strong communication skills with the ability to articulate complex risk concepts clearly to senior management and regulators

Preferred

A master's degree or relevant certification (e.g., CFA, FRM) is a plus

Benefits

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)