Market Risk Governance Associate
Sumitomo Mitsui Banking Corporation – SMBC Group
full-time
Posted on:
Location Type: Hybrid
Location: New York City • New York • 🇺🇸 United States
Visit company websiteSalary
💰 $95,000 - $150,000 per year
Job Level
JuniorMid-Level
About the role
- Support the end-to-end issue management lifecycle for regulatory, audit, and internal Management Self-Identified issues
- Track open issues, remediation milestones, evidence, and validation activities across multiple internal (market risk) and external stakeholders
- Ensure root cause analyses, action plans, remediation evidence, and validation align with regulatory and internal standards
- Produce timely and accurate dashboards, metrics, and reporting for senior management and governance committees
- Coordinate with Operational Risk and Internal Audit to ensure alignment with firm wide issue management standards
- Assist in preparing high quality materials for Risk Committees (Tier 1 and 2), Swap Dealer and Broker Dealer oversight forums
- Help review policies, procedures and governance documentation for completeness and consistency
- Track regulatory developments and interpret implications for swap dealer governance, reporting, and risk controls
Requirements
- 3-5 years of experience in risk management, counterparty risk, risk governance, broker-dealer risk, or swap dealer oversight in a large financial institution or consulting firm
- Strong analytical, organizational, and problem-solving skills
- Ability to manage multiple tasks with attention to detail and tight deadlines
- Excellent written and verbal communication skills
- Bachelor’s degree (BA/BS) required
- Advanced degree such as MBA or MS in Finance or Risk Management preferred
Benefits
- Competitive portfolio of benefits to its employees
- Annual discretionary incentive award
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
risk managementcounterparty riskrisk governancebroker-dealer riskswap dealer oversightroot cause analysisremediationmetrics reportingdashboard productionregulatory compliance
Soft skills
analytical skillsorganizational skillsproblem-solving skillsattention to detailtime managementwritten communicationverbal communication
Certifications
Bachelor’s degreeMBAMS in FinanceMS in Risk Management