Analyst, Counterparty Credit Risk Analytics

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 $73,000.00 and $86,000.00. 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

We are seeking a highly motivated and detail-oriented Analyst to join the Counterparty Credit Risk (CCR) Analytics team. This role will support the development, implementation, and ongoing monitoring of CCR models and analytics frameworks, with a focus on exposure monitoring, BAU support, and ad-hoc analysis. This role offers strong exposure to the CCR analytics framework, derivatives and SFT valuation methodologies, and enterprise risk management practices.

Role Objectives

• Analyze and monitor counterparty credit exposures across derivatives and SFT portfolios, including PFE, EPE, and related risk sensitivities, and investigate large day-over-day and month-over-month movements.
• Perform model ongoing monitoring activities (e.g. back-testing), and investigation of breaches for any remediation action.
• Assist in the development and enhancement of CCR models.
• Investigate and resolve data quality issues impacting CCR analytics.
• Participate in user acceptance testing (UAT), and partner with IT and data teams for new business and system enhancements.
• Collaborate with risk officers, risk reporting and other stakeholders to improve CCR framework.

Qualifications and Skills

• Bachelor's or Master's degree in Financial Engineering, Mathematics, Computer Science, Statistics, or a related quantitative field.
• 0-3 years of experience in market risk, counterparty credit risk, or pricing model development.
• Knowledge of derivatives products (e.g., interest rate swaps, FX derivatives, options), SFT products, and related valuation fundamentals.
• Understanding of CCR concepts such as PFE, EPE, collateral, and exposure modeling.
• Strong analytical, problem-solving and communication skills with attention to detail.
• Proficiency in statistical programming languages (e.g. Python, SQL), and data visualization tools (e.g. Power BI) etc.
• Ability to manage multiple priorities and work effectively in a fast-paced and collaborative 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. 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.