Vice President - 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 $138,000.00 and $185,000.00. 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 Vice President of Counterparty Credit Risk (CCR) Reporting will lead the production, analysis, and automation of CCR reports.

The role focuses on derivatives and securities financing exposures, partnering closely with CCR, Risk Analytics, Front Office, and Technology teams. The position will also support regulatory deliverables including FR Y-14Q and FR Y-14A (Schedule L), ensuring robust governance, accuracy, and scalability of reporting infrastructure.

Role Responsibilities: Lead end-to-end production of CCR reporting across derivatives and securities financing transactions (SFTs), ensuring completeness and accuracy Produce and analyze exposure metrics and stress scenario outputs for internal risk management Partner closely with Front Office and XVA teams to explain exposure movements and validate risk sensitivities Drive automation and strategic transformation of CCR reporting, reducing reliance on manual processes Support preparation and submission of regulatory reports including FR Y-14Q and FR Y-14A, with focus on Schedule L (counterparty exposures) Define business requirements for reporting solutions, including dashboards and visualization tools such as Power BI Collaborate with Technology teams to build scalable data pipelines and reporting infrastructure sourcing data from authoritative data sources (e.

g. Data Lakehouse) Interpret Federal Reserve guidance and ensure consistent implementation of CCR methodologies within regulatory reporting Perform reconciliations between front office systems, risk engines, and regulatory outputs to ensure data integrity Establish strong controls, data governance, and audit-ready documentation for all reporting processes Act as a key contact for internal audit, regulators, and external stakeholders on CCR reporting topics Qualifications and Skills 8+ years of experience in counterparty credit risk, market risk, or risk reporting within an investment bank Strong understanding of derivatives (IRS, FX, credit, equity) and securities financing products (repos, securities lending) Deep knowledge of CCR exposure methodologies including PFE, EAD, CVA, and collateral/netting frameworks Hands-on experience with FR Y-14Q and FR Y-14A reporting, specifically Schedule L Strong experience in report automation and building dashboards using Power BI or similar tools Strong understanding of risk data architecture and data lineage across trading and risk systems Excellent communication skills, with the ability to present to senior stakeholders and regulators Strong attention to detail with a focus on data quality, controls, and governance Bachelor’s degree in Finance, Mathematics, Engineering, or related field (advanced degree preferred) 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.