Team Lead of Enterprise Risk

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.

Role Description

Lead the Enterprise Risk Teams responsible for Risk Identification, Risk Appetite and New Business Initiatives.

Role Objectives: Delivery

Develop and maintain a comprehensive risk inventory, maintaining policies and procedures to ensure completeness and determination of material risks.

Develop and maintain the risk appetite process in coordination with other risk verticals and business units to ensure acceptable risk taking across the enterprise. Partner with development teams to ensure appropriate quantitative metrics as well develop qualitative approaches for all risk taking.

Oversee the new initiatives process for risk and maintain the policy. Provide review and challenge as well as coordination across subject matter experts in risk.

Oversee the issues management process and develop policies and procedures to ensure review and challenge as well as develop the management system.

Role Objectives: Interpersonal

Facilitate close partnerships with all business units, risk verticals, finance, compliance and other control functions.

Present to senior management and where necessary board level committees.

Role Objectives: Expertise

Apply a strong background in financial markets, economics, models and regulatory capital calculations.

Utilize a thorough understanding of risk management and business strategies across the organization. Be familiar with financial services trends, emerging issues and regulatory requirements (CCAR, DFAST) to inform capital adequacy assessments. Exhibit exceptional communication skills when conveying complex concepts.

Qualifications and Skills

Recommended years of experience: 15

SMBC’s employees participate in a Hybrid workforce model that provides employees with an opportunity to work from home, as well as, from an SMBC office. SMBC requires that employees live within a reasonable commuting distance of their office location. Prospective candidates will learn more about their specific hybrid work schedule during their interview process. Hybrid work may not be permitted for certain roles, including, for example, certain FINRA-registered roles for which in-office attendance for the entire workweek is required.

SMBC provides reasonable accommodations during candidacy for applicants with disabilities consistent with applicable federal, state, and local law. If you need a reasonable accommodation during the application process, please let us know at View email address on click.appcast.io.

EOE, including Disability/veterans