Jenius Bank, a division of SMBC MANUBANK, is looking to solve the problem of providing 2nd line oversight over financial risks including credit risk, market risk, liquidity risk and model risk, and to build a completely new, 100% digital bank that uses consumer feedback to truly meet customers’ best interests.
Requirements
- Proficiency and exposure to risk modeling and data analysis – including credit risk models and forecasting models.
- Strong view on the macroeconomic environment and how it could potentially impacts the banks provisions.
- CCAR experience is a plus
- CFA or FRM certification a plus
- Experience with credit forecasting processes including CECL allowance, provision forecasting and stress testing
- Strong training in credit
- Proficiency in scoring, machine learning and other risk dynamics
Responsibilities
- Be responsible for the end-to-end quarterly CECL allowance process and loss provision forecast for the bank, including communication to SMBC executives, bank Board of Directors (Committees), and leadership globally.
- Design and conduct stress testing and scenario analysis to assess the impact of adverse economic conditions on the various financial aspects of the bank – influencing larger global initiatives given the nuances specific to a regional-commercial and national-consumer bank.
- Implement CCAR for MANUBANK in close partnership with key stakeholders from SMBC Americas
- Partner with risk modeling and model validation teams to provide oversight over all models at MANUBANK, thereby ensuring models are aligned with corporate policies, are fit for use, adequately monitored and findings are closed on time.
- Maintain an expert-level knowledge of the financial and regulatory landscapes – local, national, and global influences over drivers that can impact the bank – making adjustments as necessary.
- Work collaboratively with all members of 1st and 3rd lines of defense, as well as Non-Financial risk specialists within the 2nd line of defense
- Lead and mentor a small team of analysts - maintaining ongoing support of the Bank’s risk culture throughout all management routines.
Other
- Bachelor's Degree in Finance, Economics, Business Administration, Scientific, Data Science or equivalent quantitatively-based field
- Advanced degree or professional certification is preferred
- 12+ years of experience, including substantial experience in credit risk management and credit forecasting activities and overall bank financial management
- Strong communication skills with an interpersonal style which enables the executive to effectively interface with senior management including the CEO, Board of Directors, parent representatives, peers, auditors, and regulators.
- High attention to detail with strong organizational skills.
