Credit Risk Identification & Risk Appetite Manager

Vice President, Credit Risk Management

SMBC Group is a top-tier global financial group. Headquartered in Tokyo and with a 400-year history, SMBC Group offers a diverse range of financial services including banking, leasing, securities, credit cards, and consumer finance. The Group has more than 130 offices and 80,000 employees worldwide in nearly 40 countries. Sumitomo Mitsui Financial Group, Inc. (SMFG) is the holding company of SMBC Group, which is one of the three largest banking groups in Japan. SMFG's shares trade on the Tokyo, Nagoya, and New York (NYSE : SMFG) stock exchanges.

In the Americas, SMBC Group has a presence in the US, Canada, Mexico, Brazil, Chile, Colombia, and Peru. Backed by the capital strength of SMBC Group and the value of its relationships in Asia, the Group offers a range of commercial and investment banking services to its corporate, institutional, and municipal clients. It connects a diverse client base to local markets and the organization's extensive global network. The Group's operating companies in the Americas include Sumitomo Mitsui Banking Corp. (SMBC), SMBC Nikko Securities America, Inc., SMBC Capital Markets, Inc., SMBC MANUBANK, JRI America, Inc., SMBC Leasing and Finance, Inc., Banco Sumitomo Mitsui Brasileiro S.A., and Sumitomo Mitsui Finance and Leasing Co., Ltd.

The anticipated salary range for this role is between $145,000.00 and $177,000.00. The specific salary offered to an applicant will be based on their individual qualifications, experiences, and an analysis of the current compensation paid in their geography and the market for similar roles at the time of hire. The role may also be eligible for an annual discretionary incentive award. In addition to cash compensation, SMBC offers a competitive portfolio of benefits to its employees.

Role Description

SMBC is seeking a Vice President to lead the ongoing enhancement of credit risk identification and risk appetite framework across the Americas Division portfolio. This role will govern the credit risk metrics process, partnering with Lines of Business to identify, measure, assess, and manage potential credit risks. The Vice President will collaborate with senior leadership, Finance, and the Credit Department to establish and monitor the bank's risk appetite limits, ensuring alignment with strategic objectives and resource availability. Additionally, the role will support improvements to underwriting standards and documentation, and coordinate with stakeholders to refine credit risk guidelines.

Role Objectives : Delivery

• Conduct regular materiality assessments of potential portfolio risks leveraging credit risk taxonomy and risk identification process across all lines of business
• Assist in identifying appropriate methodology and data sources to appropriately quantify financial as well as non-financial risks
• Track emerging risks and ensure they are accounted for in the risk identification inventory.
• Lead the governance of the credit risk metrics annual review process to re-evaluate the credit metrics ensuring alignment with business objectives and credit risk appetite.
• Support the effort to enhance and manage the credit risk appetite framework, manage the credit risk appetite process, and work with various stakeholders to enhance credit risk metrics.
• Interact with Business Units to help support, enhance, and adjust risk control measures, credit underwriting standards and guidelines, and maintain ongoing communications with business units and credit approval functions to effectively guide businesses within such controls and authorities.
• Synthesize credit matters and develop contextual content for presentations to senior management and regulators.
• Mentor junior members of the team

Role Objectives : Interpersonal

Role Objectives : Expertise

Qualifications and Skills