Director - Risk Management Regulatory Reporting

Director - Risk Management Regulatory Reporting

Job Level: Director Job Function: Governance & Assurance Location: New York, NY, US Employment Type: Full Time The anticipated salary range for this role is between $178,000.00 and $231,000.00. 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

The Director of Risk Management will lead the governance, framework design, and production of Schedule L for FR Y-14Q regulatory stressed and unstressed submissions along with FRY-14A reporting. This role is responsible for establishing a robust reporting infrastructure, building sustainable processes and systems, and coordinating cross-functional inputs across Risk, Finance, Technology, and Front Office teams. The individual will ensure accurate, timely, and well-controlled submissions aligned with regulatory expectations and internal governance standards.

Role Responsibilities

• Own the end-to-end preparation and submission of Schedule L for FR Y-14Q regulatory stressed and unstressed submissions along with FRY-14A reporting
• Establish and maintain a comprehensive reporting framework covering data sourcing, calculations, controls, documentation, and submission timelines.
• Ensure compliance with regulatory guidance and evolving supervisory expectations.
• Design and implement a scalable operating model for Schedule L production.
• Partner with Technology to develop or enhance systems and data pipelines supporting regulatory reporting.
• Implement governance processes for data validation, issue management, and documentation.
• Coordinate attestations and sign-offs from key stakeholders across Risk and Front Office.
• Act as a central point of contact for questions related to Schedule L methodology, assumptions, and reporting requirements.
• Address findings and implement remediation actions related to reporting processes and controls.

Qualifications and Skills

• 10+ years of experience in risk management, regulatory reporting, or stress testing within a large financial institution. • Deep familiarity with FR Y-14A / FR Y-14Q reporting requirements, particularly Schedule L. • Strong understanding of capital stress testing frameworks, regulatory reporting controls, and governance practices. • Experience building reporting frameworks, data processes, and regulatory infrastructure. • Proven ability to work across multiple stakeholders including Risk, Finance, Technology, and Front Office. • Strong analytical, project management, and communication skills. • Experience managing regulatory exams, audit interactions, and issue remediation. • Experience supporting CCAR / stress testing regulatory processes. • Prior experience leading cross-functional initiatives in a complex banking environment.

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. 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.