Discover your dream Career
For Recruiters

Director, Counterparty Credit Risk Reporting

Sumitomo Mitsui Financial Group, Inc. New York, United States
Posted 18 hours ago Permanent $178k - $231k

Director, Counterparty Credit Risk Reporting

Sumitomo Mitsui Financial Group, Inc. New York, United States
Director, Counterparty Credit Risk Reporting
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) Reporting provides senior leadership for the design, oversight, and delivery of firmwide CCR reporting. This role is responsible for ensuring accurate, timely, and decision-useful risk information is delivered to senior management, risk committees, and regulators. The Director partners closely with Counterparty Credit Risk Managers, Front Office, Risk Analytics, Finance, Technology, and Regulatory teams to strengthen risk transparency, governance, and reporting infrastructure across the organization.

Role Responsibilities:
• Lead the end-to-end CCR reporting framework, including senior management, Board, and regulatory reporting
• Oversee governance, controls, and data quality standards across risk reporting processes and platforms
• Act as a senior point of contact for regulators, internal audit, and other internal teams on reporting-related matters
• Drive strategic enhancements to reporting infrastructure, automation, and analytics in partnership with Technology teams
• Establish and maintain robust governance, including standards, control, issue management, and escalation frameworks
• Ensure scalability of reporting frameworks to support new products and business growth
• Work closely with Technology team to create new reports to assist the risk management team manage counterparty exposures
• Manage, mentor, and develop a team of risk reporting professionals, setting standards for excellence and accountability

Qualifications and Skills
• Bachelor's degree in Finance, Economics, or a related discipline; advanced degree preferred
• 10+ years of experience in Risk Reporting within a large financial institution
• Deep expertise in counterparty credit risk concepts, including exposure methodologies, limits, PFE, EPE, etc.
• Proven experience producing and presenting risk information to senior management, committees, and regulators
• Familiarity with business intelligence and data visualization tools (e.g. Power BI) to enhance risk transparency and executive reporting
• Strong understanding of regulatory expectations related to Counterparty Credit Risk reporting and governance
• Demonstrated leadership experience managing teams and driving large-scale change initiatives
• Excellent communication, stakeholder management, and executive presentation skills

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 accommodations@smbcgroup.com.
Job ID  7005
More jobs From Sumitomo Mitsui Financial Group, Inc.
Cash Management Sales - Director
Sumitomo Mitsui Financial Group, Inc.
New York, United States
17 hours ago Full time $152k - $200k
Total Rewards Project Manager - 12-24 Month Project
Sumitomo Mitsui Financial Group, Inc.
New York, United States
3 days ago Full time $114k - $170k
Associate, Credit Portfolio Management, TMT
Sumitomo Mitsui Financial Group, Inc.
New York, United States
3 days ago Full time $150k - $175k
Vice President, Business Manager
Sumitomo Mitsui Financial Group, Inc.
New York, United States
3 days ago Full time $170k - $175k
Performance and Promotion Specialist - 12-24 Month Project
Sumitomo Mitsui Financial Group, Inc.
New York, United States
7 days ago Full time $130k - $173k
Vice President, Counterparty Credit Risk - Strategic Initiatives
Sumitomo Mitsui Financial Group, Inc.
New York, United States
13 days ago Full time $138k - $185k
Director, International Transformation Business Management Lead
Sumitomo Mitsui Financial Group, Inc.
New York, United States
14 days ago Full time $170k - $235k
Corporate Strategic Planning, Vice President
Sumitomo Mitsui Financial Group, Inc.
New York, United States
14 days ago Full time $121k - $180k
Corporate Strategic Planning, Director
Sumitomo Mitsui Financial Group, Inc.
New York, United States
14 days ago Full time $170k - $235k
Credit Risk Model Owner
Sumitomo Mitsui Financial Group, Inc.
New York, United States
16 days ago Full time $133k - $181k

Boost your career

Find thousands of job opportunities by signing up to eFinancialCareers today.
Recommended Jobs
JPMorgan Chase & Co.
Counterparty Risk - Vice President
JPMorgan Chase & Co.
London, United Kingdom
Project Finance VP - Credit Risk Management
Alexander Chapman
New York, United States
JMD Reg Consultancy LTD
Quantitative Risk Analyst, Associate, Hedge Fund, New York
JMD Reg Consultancy LTD
New York, United States