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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 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.

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.

Role Description

SMBC is seeking a EUC Risk Manager with a strong internal controls and 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 New York, NY office within the NYC metropolitan area and will be part of our remote workforce model utilizing an at-home work arrangement

Role Objectives

• As part of the second line of defense function, the EUC Risk Manager will support implementation of the EUC Framework across the various SMBC functional areas, which includes leading training sessions to explain the EUC Framework and its components, as well as communicating framework compliance requirements to stakeholders.

• Independently challenge the work performed by the first line of defense which includes the identification and risk assessment of EUCs.

• 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.

• The EUC Risk Manager may also be involved in supporting Model Risk Management related initiatives, focusing mainly on internal controls enhancement and evaluation

Qualifications and Skills

• 7 years of relevant experience

• Bachelor's degree in finance, accounting, business, or hard science field or related training.

• Excellent communication (verbal and written), organizational, and interpersonal skills.

• Banking experience in credit, capital markets, asset liability management, financial reporting, regulatory reporting, or operational risk areas. Specific experience within Model Risk Management or EUC Risk Management function is ideal

• Deep knowledge of internal controls design and controls effectiveness testing concepts

• Prior experience with control evaluation within model risk, operational risk, compliance risk, financial reporting, regulatory reporting, or internal audit is ideal.

• Prior experience within a second line of defense function, ideally within Model Risk, EUC, financial reporting, or regulatory reporting quality assurance

• Familiarity with regulations such as SR 11-7 (Model Risk), Basel, CCAR, BCBS 239, and SOX is ideal

• Excel proficiency, including experience with macros is good to have.

• 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.

We are an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, disability status, protected veteran status or any other characteristic protected by law. 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.