Director, Counterparty Credit Risk Stress Testing

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 $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 Counterparty Credit Risk (CCR) Stress Testing is responsible for leading the end-to-end execution and oversight of CCR stress testing across internal stress testing initiatives and CCAR. This role ensures the accuracy, integrity, and interpretability of stressed exposure results, providing credible risk insights to senior management and regulators. The Director partners closely with CCR Risk Managers, Technology, Risk Analytics, and Risk stakeholders to drive robust model implementation, scalable infrastructure, and continuous enhancement of stress testing capabilities in line with regulatory expectations.

Role Responsibilities:
Lead the execution, governance, and control framework for CCR stress testing models supporting internal stress testing exercises and CCAR.
Review, challenge, and validate stressed exposure outputs to ensure results are intuitive, explainable, and aligned with stress scenarios and underlying risk drivers.
Analyze and explain material movements in stressed exposures, including scenario impacts, portfolio changes, and model behavior, and provide clear narratives to CCR team and senior management.
Partner with Technology teams to drive model implementation, productionization, automation, and performance optimization of stress testing platforms.
Coordinate with Risk Analytics and Model Risk Management to address model validations, findings, limitations, and remediation plans related to stress testing models.
Ensure adherence to regulatory requirements, supervisory guidance, and internal policies governing firmwide stress testing and CCAR.
Drive enhancements to stress testing methodologies, data quality, controls, and documentation to strengthen model credibility and regulatory defensibility.
Support regulatory exams, internal audits, and management reviews related to counterparty credit risk stress testing.

Qualifications and Skills
10+ years of experience in Counterparty Credit Risk, Stress Testing, Risk Analytics, or related disciplines within a large financial institution.
Bachelor's degree in Finance, Economics, or a related discipline
A master's degree or relevant certification (e.g., CFA, FRM) is a plus.
Strong expertise in stress testing frameworks and CCAR, including regulatory expectations, governance, and documentation standards.
Deep understanding of counterparty credit risk exposure modeling (e.g., PFE, EAD), netting, collateral, and stress scenario design and application.
Proven experience managing large-scale model execution processes and assessing the reasonableness of stressed exposure results.
Hands-on experience partnering with Technology teams on model implementation, system architecture, and data integration.
Strong communication skills with the ability to articulate complex risk concepts clearly to senior management and regulators.

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