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Jobs · New Jersey

Capital Reporting & Analysis Vice President

SMBC Group · Jersey City, NJ · 4 days ago
$124k–$175k/yrFull-time

Role Description

SMBC is seeking a self-motivated and diligent professional for a full-time position in the Regulatory Reporting - Capital Analytics Department. This position is responsible for supporting calculation of Risk Weighted Assets "RWA", specifically RWA calculation relative to Basel Rule for both credit and market risk. The candidate will work closely with key partners leading the RWA transformation efforts such as calculation automation, changes related to Basel III Endgame readiness, CCAR, SA-CCR as well as work with regulatory policy to interpret rule changes.

Responsibilities

  • Calculate quarterly capital ratios and credit and market risk weighted asset calculation for the Bank Holding Company.
  • Support analysis of Basel RWA Reporting based on US Regulatory requirements.
  • Aid in requirements gathering, test case reviews, user acceptance testing of the calculation engine automation.
  • Work with IT on systems implementation.
  • Document and maintain EUC procedures and ensure financial controls and validations are performed as expected.
  • Build metrics reporting, impact assessments, and reporting of ongoing monitoring of any exceptions.
  • Be involved in understanding and assessing impact of rule changes on the calculations and addition of new products.
  • Focus on improving governance, efficiency and control through process optimization, and proactively identify and remediating areas of regulatory deficiencies.
  • Identify opportunities for automation, increased transparency, and enhancement of business processes.
  • Work closely with key partners to ensure alignment with strategic goals.

Qualifications And Skills

  • The ideal candidate needs to have work experience in finance, accounting and / or risk in similar domain.
  • RWA calculation experience necessary.
  • Bachelor’s degree in finance, accounting or similar discipline.
  • 8+ years of related work experience.
  • Advanced Microsoft Office Suite (e.g. Excel) skills required.
  • Self-motivated with ability to make decisions and maintain a controlled environment.
  • Strong interpersonal/communication skills (oral and written).
  • Strong capability to manage complex projects independently, coordinating across multiple stakeholder groups.
  • Ability to interact with all levels of management, work independently and in a team environment.
  • Ability to be flexible and follow tight deadlines.
  • Ability to multi-task, be proactive and collaborative.
  • Significant knowledge of change/program management, financial operations and planning, risk and controls management, IT processes, and data management.

Pay

The anticipated salary range for this role is between $124,000.00 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.

Schedule

The role may also be eligible for an annual discretionary incentive award.

Benefits

SMBC offers a competitive portfolio of benefits to its employees, including 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.

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