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.
The anticipated salary range for this role is between $147,000.00 and $191,000.00. 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.
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 Rail Services LLC, Manufacturers Bank, JRI America, Inc., SMBC Leasing and Finance, Inc., Banco Sumitomo Mitsui Brasileiro S.A., and Sumitomo Mitsui Finance and Leasing Co., Ltd.
Role Description
SMBC is seeking a EUC Risk Manager with strong quantitative background to join the Model Risk Governance Team within the Model Risk & Validation Group. The Model Risk Governance Team is responsible for the independent replication and governance activities around end user computing (EUCs) tools utilized in capital planning, financial reporting, and other business processes. This position will be located in the White Plains, NY office within the NYC metropolitan area and will be part of our remote workforce model utilizing an at-home work arrangement.
The anticipated salary range for this role is between $147,000 and $191,000. 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 Objectives
- Independently perform EUC functionality testing by assessing the tool’s overall suitability to its intended purpose, construct, assumptions, data and calculations, making recommendations for improvements, and thoroughly documenting all work via formal reports.
- Evaluate other tool controls such as tool identification, change management, access management, and documentation.
- Evaluation of remediation activity associated with EUC findings.
- Develop and enhance EUC risk metrics reports and present results to senior management.
- Continuously broaden and deepen expertise in analytical methods, coding, and tools via self-directed research and training.
Qualifications and Skills
Recommended years of experience: 7
- Bachelor’s degree in finance, accounting, business, or hard science field or related training.
- Excellent communication (verbal and written), organizational, and interpersonal skills.
- Excel proficiency, including experience with macros.
- Banking experience in credit, capital markets, asset liability management, or operational risk areas.
- Prior experience with control evaluation within operational risk, compliance risk, or internal audit areas.
- Familiarity with reporting platforms, especially PowerBI.
- Familiarity with programming languages (e.g. Python, R, VBA, SQL).
Additional Requirements
D&I Commitment
Responsible for fostering a culture of diversity and inclusion, holding leaders accountable for creating an inclusive environment through awareness and practice of equity in recruiting, developing, and promoting diverse talent.
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 is an EO employer – M/F/Veteran/Disability. SMBC provides reasonable accommodations for employees and applicants with disabilities consistent with applicable law. If you need a reasonable accommodation during the application process, please let us know at accommodations@smbcgroup.com.