CCAR Data Analyst, Associate

About the Company

SMBC Group is a top-tier global financial group headquartered in Tokyo with a 400-year history. The Group offers a diverse range of financial services, including banking, leasing, securities, credit cards, and consumer finance, operating in nearly 40 countries with over 130 offices and 80,000 employees worldwide. Sumitomo Mitsui Financial Group, Inc. (SMFG), the holding company of SMBC Group, is one of the three largest banking groups in Japan, with shares traded on the Tokyo, Nagoya, and New York (NYSE: SMFG) stock exchanges.

In the Americas, SMBC Group serves corporate, institutional, and municipal clients through a network of operating companies, including 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 Group connects clients to local markets and its extensive global network, offering commercial and investment banking services backed by strong capital and relationships in Asia.

About the Role

SMBC is driving a major Digital Transformation initiative across its Americas Division, focusing on modernizing technology platforms, enhancing data-driven decision-making, and supporting business growth. As part of this transformation, this role will contribute to analyzing business and data requirements, designing data solutions, and supporting the implementation of technology initiatives that automate and enhance Regulatory Reporting and CCAR reporting processes.

Responsibilities

• Collaborate with business stakeholders to gather, analyze, and validate data requirements for CCAR and Regulatory Reporting initiatives.
• Partner closely with Data Management teams to identify, source, and onboard data required for regulatory and stress testing reporting.
• Perform data mapping, data lineage analysis, gap assessments, and current-state versus future-state analysis.
• Create and maintain functional specification documents, data mapping artifacts, business requirements, and data lineage documentation.
• Work with development teams to translate business requirements into functional and technical specifications and support solution implementation.
• Analyze existing business processes and identify opportunities for process improvements, automation, and operational efficiencies.
• Conduct detailed data analysis and support Unit Testing, Quality Assurance (QA), and User Acceptance Testing (UAT) activities.
• Participate in the resolution of data quality issues and support data governance initiatives.

Requirements

• Bachelor’s degree in Accounting, Finance, Business Analytics, Computer Science, Information Systems, or a related field.
• Strong knowledge of Banking and Financial Services, including Regulatory Reporting and CCAR reporting (FR Y-14A, FR Y-14M, and FR Y-14Q).
• Solid understanding of banking products, including Loans, Securities, Deposits, and Derivatives.
• Excellent analytical, problem-solving, and communication skills, with the ability to clearly articulate findings and recommendations to senior management and business stakeholders.
• Experience working with both Agile and Waterfall project delivery methodologies.
• Proficiency in data analysis and reporting tools, including SQL, Python, Microsoft Excel, Tableau, Visio, and Jira.
• Experience with Databricks and modern cloud-based data platforms is preferred.
• Strong understanding of data governance, data quality management, data validation, data reconciliation, and data lineage concepts.
• Familiarity with regulatory reporting controls, audit requirements, and enterprise data management practices.
• Ability to manage multiple priorities in a fast-paced, regulatory-driven environment.

Preferred Qualifications

• 7+ years of experience supporting Regulatory Reporting, CCAR/Stress Testing, Treasury, Finance, or Risk Management initiatives within the banking industry.
• Hands-on experience with large-scale data integration, data warehousing, and regulatory reporting platforms.
• Experience performing data sourcing, data mapping, reconciliations, controls validation, and root cause analysis for reporting and compliance requirements.
• Understanding of end-to-end regulatory reporting processes and associated data governance frameworks.

Work Arrangement

SMBC’s employees participate in a Hybrid workforce model, allowing work from home and the office. Employees must live within a reasonable commuting distance of their office location. Hybrid work may not be permitted for certain roles, such as FINRA-registered positions requiring full-time in-office attendance. Specific hybrid work schedules will be discussed during the interview process.