Head of Capital Management Oversight

Overview

SMBC Group is a top-tier global financial group. Headquartered in Tokyo and with a 400-year history, SMBC Group offers a diverse range of financial services, including banking, leasing, securities, credit cards, and consumer finance. The Group has more than 130 offices and 80,000 employees worldwide in nearly 40 countries. Sumitomo Mitsui Financial Group, Inc. (SMFG) is the holding company of SMBC Group, which is one of the three largest banking groups in Japan.

SMFG’s shares trade on the Tokyo, Nagoya, and New York (NYSE: SMFG) stock exchanges.

In the Americas, SMBC Group has a presence in the US, Canada, Mexico, Brazil, Chile, Colombia, and Peru. Backed by the capital strength of SMBC Group and the value of its relationships in Asia, the Group offers a range of commercial and investment banking services to its corporate, institutional, and municipal clients. It connects a diverse client base to local markets and the organization’s extensive global network.

The Group’s operating companies in the Americas include 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 anticipated salary range for this role is between $ and $. 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. The role may also be eligible for an annual discretionary incentive award.

In addition to cash compensation, SMBC offers a competitive portfolio of benefits to its employees.

Sumitomo Mitsui Banking Corporation(“SMBC”) is seeking an Executive Director to join the Treasury Risk Management group as Head of Americas Division Capital Management Oversight.

The Treasury Risk Management group is a risk function within the Risk Management Department Americas Division (RMDAD) that oversees the treasury risks and balance sheet strategy of SMBC branches and subsidiaries in the region; the group provides risk oversight that extends to liquidity risk, interest rate risk in the banking book, and capital management, and independently assesses business strategies that impact these risks.

The mandate of the group is to ensure that all treasury risks are adequately identified, measured, controlled, monitored and reported.

The group works closely with the SMBC risk management department in Tokyo Head Office that oversees SMFG $2+ Tr. balance sheet risks.

The Head of Americas Division Capital Management Oversight will play a key role within the organization and will lead a small team with a mandate to oversee capital adequacy and capital management across different legal entities and jurisdictions in the region.

The position requires knowledge of bank capital regulatory framework and capital adequacy requirements, as well as CCAR and capital stress testing, and capital planning. Strong leadership and stakeholder management skills are required to be successful in this role.

• Build a small team of risk management professionals specialized in bank capital, capital management strategies, and stress testing.
• Define the team vision, scope, and targets and implement them. Establish a structured program for the independent oversight of capital management.
• Perform ongoing independent oversight of capital ratios and capital management strategies and plans (baseline and stress projections) for relevant SMBC entities in the Americas region.
• Execute ongoing review and challenge of capital ratios (CET1, Tier 1, Total Capital, Leverage), risk-weighted assets (RWA), leverage assets, and buffers.
• Identify enhancement areas in the capital risk framework and ensure enhancement plans are defined and implemented.
• Participate in regional capital risk committees and governance forums.
• Prepare and present analyses and reports to senior management, regional boards, and global risk committees, as required.
• Partner with Treasury, Finance, Risk, and Business…