Liquidity Risk Oversight Manager

Join to apply for the Liquidity Risk Oversight Manager role at Sumitomo Mitsui Banking Corporation - SMBC Group . 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. The anticipated salary range for this role is between $146,000.00 and $175,000.00. 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. Role Description Risk Management Department Americas Division (RMDAD) has an opening for an Associate/Vice President in the Liquidity Risk Management Group. This position resides within the Liquidity Risk Oversight Team. The Liquidity Risk Associate/VP will provide ongoing review and challenge to the 1st Line of defense activities. Role Responsibilities Provide on-going and ad-hoc review and challenge to 1st Line of Defense activities including but not limited to internal liquidity stress testing, cash flow forecasting, contingency funding plan, intraday liquidity, funds transfer pricing. Develop bespoke risk frameworks and tools to track and analyze movement in key liquidity metrics and use results to aid review and challenge activity. Provide challenge to 1st line proposal of annual risk appetite statement refresh for SMBC CUSO. Participate in annual Horizontal Liquidity Reviews conducted by FRB; respond to FRB questions and ad-hoc requests. Assist in preparing risk committee meeting materials to report to both internal and external stakeholders, including regulators. Provide independent review and assessment of new products, business initiatives and services introduced/proposed by sponsors. Engage with internal audit during annual audit of liquidity risk; remediate findings as needed. Enhance internal LRO processes and collaborate with Independent Review Function on providing input into IRF's annual risk assessment of liquidity. Qualifications And Skills Previous experience and working knowledge of banking products/activities and their implications on liquidity risk. In depth understanding of banking book products such as deposits and loans, off balance sheet exposures; commitments, derivatives (swaps options), money market products (repos) and the associated liquidity risk. Programming ability in VBA and Python. Working knowledge of liquidity risk and regulatory frameworks and regulations. Familiarity with funding plans, contingency funding plans, and Funds Transfer Pricing. Preferred experience with Federal Reserve Bank Horizontal Liquidity reviews and MRA remediation. Strong communicator and presenter - demonstrated ability to proactively interact with other departments including treasury, business lines, and audit. Proven ability to effectively present complex topics to management. Graduate and/or Post Grad degree in STEM. 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. #J-18808-Ljbffr

Created: 2025-03-01