Model Validation Analyst - SMBC Group : Job Details

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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 $82,000.00 and $96,000.00. The specific salary offered will be based on individual qualifications, experience, and current market conditions. The role may also be eligible for an annual discretionary incentive. SMBC offers a competitive benefits portfolio.

Reporting to the Manager, Model Validation Group, the Model Validation Analyst plays an active role in implementing and enhancing the Model Risk Management framework by performing independent validation of Credit Risk, Liquidity Risk, and capital stress testing models, aiming to enhance model risk governance and quality.

• Deep knowledge in credit grading, PD/LGD/EAD, loss reserve, CECL, capital, and stress testing models.
• Experience in model validation and development, working with large data sets.
• Knowledge of SR11-7, capital, stress testing, and regulatory requirements.
• Strong analytical skills, quantitative and qualitative.
• Effective communication and interpersonal skills.
• Work Experience: 0 to 1 year in Quantitative Financial Services.
• Education: MS or PhD preferred, in Quantitative Math, Finance, Physics, or related fields.

SMBC offers a Hybrid workforce model, allowing remote and office work, with location-specific schedules discussed during interviews. Employees must live within a reasonable commute. SMBC provides accommodations for applicants with disabilities; contact [email protected] for assistance.