Quantitative Risk Manager - Enterprise Risk - Vice President (m/f/d)

SMBC: A trusted partner for the long term

Here at SMBC Group, we want to help you find the next step in your career so read on to discover if this opportunity is the one for you. We like to recognise potential in our people, so we welcome your application even when your experience doesn't perfectly align with the job description. Whilst we’ll always strive to be better, we’re proud of our inclusive culture, and encourage our applicants and colleagues to be their authentic, unique selves.

Who we are

United by a sense of purpose towards our customers - to be a trusted partner for the long-term - and our universal banking platform in EMEA, SMBC Group has an international growth agenda and award-winning products, meaning we provide exciting opportunities to work on a diverse range of projects and initiatives. We deliver a full suite of corporate finance products and solutions to our customers as well as investment banking and advisory services, and a range of innovative solutions in global capital markets. Read on to find out how you could enhance your skills and gain valuable experience, by joining us to support our clients transition to a sustainable future.

Role Summary

Is the next step in your career at SMBC Group EMEA? We’re looking for a Vice President for our Enterprise Risk Management (ERM) to join our team. The main purpose of this role is to support the ERM in delivering and improving the Bank’s internal capital adequacy assessment process, including aspects of risk inventory, emerging and top risks analysis, scenario analysis, recovery planning, risk culture framework, risk reporting and monitoring of risk related regulation developments. This will involve execution of quantitative analysis and consolidation of results for delivery of the main regulatory documentation and processes regarding ICAAP, including aspects related to risk inventory, stress testing, recovery planning and risk reporting. Close collaboration with other Risk departments as well as other departments of the Bank.

You have good knowledge of mathematical techniques used for risk capital modelling and stress testing, good knowledge of risk inventory, risk appetite setting and risk reporting, as well as very good knowledge of data management tools. You have good understanding of the regulations relating to risk (MaRisk, ECB, EBA). And you could demonstrate grasp of risk frameworks and their link to strategy.

Business Area

SMBC Bank EU AG has a dedicated risk management team in charge of designing, implementing, developing, and maintaining the Bank’s risk management framework across the entity and the various risk types to which the entity is exposed. The risk management team of the Bank is supported in this task by staff of SMBC BI (UK), and the wider RMD EMEA group under a Service Level Agreement. The risk management team of the Bank also provides risk management support to other EMEA entities (in Germany) under a Service Level Agreement. The Enterprise Risk Manager is responsible for coordinating and executing all tasks of integrated, enterprise-wide and prudential risk management practices across the firm. This role will closely work with colleagues within ERM team, the Head of Enterprise Risk as well as senior experts of other departments in the Bank and in other EMEA entities.

Position Description

Tasks and Responsibilities

• Maintain ERM tools, practices, and policies to achieve a framework which is aligned with organizational objectives and department target
• Drive the Bank’s regular processes in particular risk inventory including balance sheet and new product analysis, scenario analysis including coordination of top risk impact assessment; contribute to alignment between capital adequacy assessment and liquidity adequacy assessment; support consistent use of risk inventory result in other bank-wide disciplines, in particular strategic planning, multi-year planning, ICAAP, ILAAP and recovery planning.
• Ensure high quality result and efficient communication
• Contribute to the Bank’s Vulnerability framework, including macroeconomic and geopolitical stress analysis
• Coordinate the analysis and reporting of Top Risk of the Bank
• Co‑ordinate ICAAP and ILAAP reporting as well as risk appetite dashboard and consolidated MI report to the Executive Board and Supervisory Board and relevant risk committee and ensure that the Bank maintains an acceptable standard in reporting meeting business, regulatory, and market expectations and standards,
• Conduct analyses for input to more complex topics and provide recommendations to facilitate decision making
• Support Head of Enterprise Risk in further development and design of ERM deliveries related to risk inventory, top risk framework, risk strategy, stress testing framework, recovery plan and risk culture framework
• Provide professional advisory support to stakeholders by being focal point of contact, to ensure alignment between ERM related policy and practice
• Lead and manage projects within area of expertise
• Ensure effective relationships and communication with key stakeholders across the Bank.

Knowledge and Qualifications

Essential Technical Experience

• Strong knowledge of the market and regulatory standards and requirements regarding ICAAP, stress testing and recovery plan.
• Strong knowledge of mathematical techniques used for risk capital modelling in general and stress testing
• Detailed understanding of internal and external reporting of risk, liquidity and capital
• Detailed understanding of measurement techniques used for capital and liquidity management

Essential Technical Competencies (skills and knowledge)

• Good knowledge of mathematical techniques used for risk capital modelling and stress testing
• Good knowledge of risk appetite setting
• Very good knowledge of data management tools
• Understanding of the regulation relating to risk (MaRisk, ECB, EBA)
• Demonstrable grasp of risk frameworks and their link to strategy

Other Essential Information

• Educated to degree level
• Ability to build strong working relationships
• Strong communication skills
• Culturally aware
• Need to be able to represent the Bank with regulators and other external stakeholders
• Demonstrable track record in stakeholder management
• Strong team player

Competencies

• Customer Focus
• Driving Change
• Driving Results
• Embraces Diversity
• Enterprise Leadership
• Judgement and Decision Making
• Risk Management
• Strategic and Visionary
• Trust and Integrity

What we offer

For all the expertise and experience you bring to help us make a difference, it’s only sustainable if we support you to build your career and be your best self so we offer competitive company benefits, centred around promoting positive well-bring and work‑life balance. We also believe in fostering a diverse and inclusive work environment, where all team members perspectives and contributions are valued. Initiatives in place which promote a diverse and inclusive culture and healthy work life balance include hybrid working, Sport & Social Clubs and Diversity and Inclusion networks.

As an employee of SMBC you have access to a host of both useful and exciting benefit offerings. See below some of the benefits on offer to you:

• Hybrid and flexible working
• Competitive paid leave days
• Benefits to support your physical wellbeing, including private medical insurance
• Various policies to support your mental wellbeing, including a robust behavioural health network with counselling and coaching services
• Access a wide range of learning and development opportunities and career progression opportunities
• Ambitious remuneration package

So, if you like a challenge and want to continuously grow and develop in a role where you will be supported along the way by a dynamic and diverse team, apply today!

We recognise our role as a bank to support social change and welcome all applications, including those from groups often under‑represented in financial services. We value the uniqueness of professional and personal, backgrounds and perspectives as they play a vital role in continuing the sustainable growth of our organisation. We’ll ensure reasonable adjustments to our recruitment process are offered due to a disability or long‑term condition whenever requested.

We are committed to transparent and equitable pay practices. Compensation is determined using objective criteria, including skills, experience, and role responsibilities, and applied consistently throughout our recruitment processes. We do not request candidates’ pay history and are committed to preventing unjustified pay disparities.

About SMBC

A trusted partner for the long term

United by a sense of purpose towards our customers - to be a trusted partner for the long-term - and our universal banking platform in EMEA, we deliver a full suite of corporate finance products and solutions to our customers, including corporate, structured and trade finance, leveraged finance, loan market and treasury products. We can also provide investment banking and advisory services and a range of innovative solutions in global capital markets.

Find out more about what we do and who we are at