Vice President, Liquidity Reporting Operations

Compensation

$99,882.00 - $105,000.00 / Yearly

Hours Per Week

40

Number Of Positions

1

Shift

First Shift (Day)

Job Description

Employer: Sumitomo Mitsui Banking Corporation

Job Title: Vice President, Liquidity Reporting Operations (ref.# 8320)

Job Location: 210 Hudson St, Jersey City, NJ 07302

Duties: Prepare and submit liquidity reports, including daily/monthly/quarterly Internal Liquidity Stress Testing, Intraday Liquidity monitoring, Early Warning Indicator, Collateral Monitoring Report and other liquidity risk limits, ensuring accuracy and compliance with regulatory standards, for various SMBC entities. Support compliance with U.S. regulatory requirements for the Daily Liquidity positioning report and internal liquidity stress testing, Liquidity Coverage ratio, Stable Funding ratio and short-term wholesale funding reports for Consolidated US Operations, the US “Bank Holding Company”, as well as Sumitomo Mitsui Financial Group, Inc. for Tokyo Head office reporting, while collaborating with Treasury, Risk, Finance, and Operations teams to ensure accurate and timely reporting. Partner with Asset Liability Management & Funds Transfer Pricing, Liquidity Management and Capital Management teams in refining methodologies and automating processes in Quantitative Risk Management (QRM) liquidity reporting tool and expanding existing capabilities due to regulatory requirements or introduction of new products by the firm. Develop strong partnerships with key stakeholders across SMBC’s Head Office and entities in Americas & EMEA to adequately understand the firm’s liquidity position, identify trends/risks, and provide advice on new product approval. Monitor and reconcile liquidity positions across SMBC entities within US. Support the team in Japan and US regulatory exams and addressing internal findings issued by 2nd or 3rd line of defense. Monitor and analyze key liquidity risk metrics to assess the firm’s funding position and liquidity risk exposure. Produce underlying analyses and meeting materials for senior management committees and regulatory communications on spot and forward-looking strategies. Communicate key liquidity trends and findings to senior management, the 1st and 2nd line of defense. Ensure liquidity reports meet regulatory requirements from agencies such as the Federal Reserve, Basel Committee, Japan Financial Services Agency Reporting, FINRA and other relevant regulators. Develop Liquidity stress and balance sheet forecast models across various business lines (investment banking, trading, commercial, consumer) working with front office to understand SMBC entities operations and inter-affiliate activity (borrowing /funding). Collaborate with model owners and model validation team to address validation findings and ensure models meet internal and external standards. Conduct back-testing, sensitivity analysis and attribution analyses along with other modeling and analytical tests to provide robust quantitative solutions based on the specific business model of each SMB entity.

Hybrid remote work permitted.

Requirements: Bachelor’s degree in Business Administration, Finance, Enterprise Risk Management or a related field plus 2 years of experience in counterparty risk, risk governance, broker-dealer risk, or swap dealer oversight in a large financial institution or financial industry in Finance, Treasury, or Risk departments. Special Skills: Liquidity metrics and reporting requirements across US, Japan, and International (Basel Committee) regulations; business mix and liquidity stress models of both Bank and Broker/Dealer entities including experience modeling or managing complex financial products required; financial reporting, Liquidity reporting, early warning indicators, stress testing, and risk systems– Oracle ledger, Prism/REVAL, Daisy, Star, Polaris, Axiom, RegReporter; Dodd-Frank Section 165 liquidity stress testing and related governance frameworks; Treasury transformation initiatives and internal system upgrades; ELF Database, Python, SQL, Power BI; Financial risk modeling techniques.

The required skill set does not need to be maintained over the full term of the required experience.

Salary range: $99,882 - $105,000/year.

Benefits: https://careers.sumitomocorp.com/content/why-sc-americas/

To apply enter 8320 here: https://careers.smbcgroup.com/smbc/

#LI-DNI

Place of Work

Hybrid

Requisition ID

8320

Job Type

Full Time