Sumitomo Mitsui Banking Corporation – SMBC Group

Credit Risk Modeling Manager – Vice President

Sumitomo Mitsui Banking Corporation – SMBC Group

full-time

Posted on:

Location Type: Hybrid

Location: New York City • New York • United States

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Job Level

Lead

Tech Stack

MongoDB.NETOracleSQLTableau

About the role

  • Monitoring and managing SMFL credit models and adhere to the Model Risk Management Policy of SMBC and SR 11-7 Fed Guidance
  • Analyzing complex data sets to identify patterns and trends- Development data vs Actual data
  • Presenting findings to stakeholders and making recommendations based on the data
  • Monitoring and validating model performance and updating models as needed and preparing Model Monitoring reports in collaboration with SMFL HQ
  • Staying current with economic conditions and regulatory changes that may impact risk models
  • Collaborating with other departments, such as Finance and Operations, to understand the company’s risk exposure
  • Documenting all processes and methodologies used in risk modeling for transparency and future reference
  • Providing training and guidance to other team members on risk modeling techniques and strategies
  • Ensuring compliance with all industry regulations and standards for risk modeling
  • Monitor the gradings process such as internal Risk rating /JP and US Reg classification ratings, update applicable scorecards, monitor limits, oversee data accuracy to ensure compliance with business and institutional guidelines and ensure data integrity in the credit systems.
  • Manage database for model monitoring purposes specifically for G grade model and if required for QDM scorecard.
  • Prepare and present updates on Portfolio Reviews to business management and Risk when requested and support the portfolio analysis trends and reporting and analytics.
  • Participate in new credit products approval and grading methodologies at the beginning. E.g., Structured finance leases, Synthetic Leases etc.
  • Work with Internal Control in managing and monitoring the Model Risk Management and Risk Appetite metrics for Credit and escalating the breachers to Senior Management.
  • Participate in Policy and Procedure updates related to Credit Risk Models and grading and amendment annually and approval process.
  • Develops close working partnerships with the Leasing sales team, operations and other internal company staff to ensure open communication channels are available to handle issues associated with data-driven requests.
  • Responds to calls and requests for information from the team.
  • Able to design databases that are efficient, reliable, and scalable.
  • Should be capable of logical and physical design of databases and be able to implement best practices in different database architectures.
  • Should be able to perform data analysis and inform decision-making based on data interpretation and visualization.
  • Should be proficient in using database languages such as vb.NET. SQL, Oracle, and C# MongoDB.

Requirements

  • Bachelor’s degree in quantitative fields such as Mathematics, Statistics, or Computer Science.
  • Experience with machine learning algorithms and techniques.
  • Proficiency in programming languages like vb.NET, SQL, C#, R or SAS.
  • Strong understanding of financial markets and investment principles.
  • Experience with data visualization tools (e.g., Tableau, Power BI).
  • Excellent problem-solving and analytical skills.
  • Strong communication skills to explain complex models to non-experts.
  • Familiarity with database management.
  • Proven experience in quantitative modeling and data analysis.
  • Strong mathematical and statistical foundation.
  • Ability to work independently and manage multiple projects simultaneously.
  • Attention to detail and a high level of accuracy.
  • Strong organizational skills.
  • Knowledge of data mining and predictive modeling techniques.
  • Two plus years in Financial Sector having Model Risk or Database Management experience.
Benefits
  • SMBC provides reasonable accommodations during candidacy for applicants with disabilities consistent with applicable federal, state, and local law.
  • Hybrid workforce model that provides employees with an opportunity to work from home, as well as, from an SMBC office.
  • Prospective candidates will learn more about their specific hybrid work schedule during their interview process.