SMBC's Combined U.S. Operations (CUSO) seeks a quantitatively oriented individual for the position of VP, Quantitative Analytics within Corporate Treasury to lead quantitative model development initiatives to support key Treasury functions, including PPNR/balance sheet forecasts, IRRBB, liquidity management and CCAR stress testing.
Requirements
- 3+ years of quantitative model development, research and/or validation experience within banking, fintech, or financial service industry.
- Deep knowledge of statistical/predictive modeling knowledge and techniques.
- Proficiency in programming language such R, Python, and SAS.
- Master’s or PhD in Mathematics, Statistics, Finance, Economics, or a related field. A Bachelor’s degree with extensive experience may be considered.
- Strong understanding of statistical/predictive models and methodologies.
- Solid grasp of financial markets and US regulatory framework.
Responsibilities
- Develop PPNR and balance sheet forecast models across various business lines (investment banking, trading, commercial, consumer) for the purpose of CCAR stress testing and business planning processes.
- Support the model development in ALM/IRRBB domain (e.g. non-maturity deposit decay rate, beta, prepayment, etc.)
- Collaborate with model owners and model validation team to address validation findings and ensure models meet internal and external standards.
- Drive strong partnership with across Finance, Risk and business leaders during the development, implementation and use of the quantitative models, ensuring appropriate design and use.
- Prepare high-quality, well-structured presentations of model results to senior leadership and committees.
- Align model frameworks with business objectives and regulatory requirements (SR 11-7, SR 12-7, SR 15-18, SR 15-19).
Other
- Strong communication skills; The ability to translate model results into business intuition.
- Strategic thinking and problem-solving abilities.
- SMBC employees participate in a Hybrid workforce model that provides employees with an opportunity to work from home, as well, from an SMBC office.
- SMBC requires that employees live within a reasonable commuting distance of their office location.
- SMBC provides reasonable accommodations during candidacy for applicants with disabilities consistent with applicable federal, state, and local law.
