The Risk Director role supports the development and implementation of the Information Technology (IT) and Cybersecurity risk management framework, as well as operational resilience second line oversight for the SMBC Group Americas Division (AD), in accordance with applicable regulations, home office policies and industry practices for risk management.   The Risk Management Department (RMDAD) is the second line of defense in its role of monitoring and assessing business practices as related to the risk appetite framework for SMBC. Within the RMDAD, the Non-Financial Risk (NFR) establishes an IT & cyber risk management and resilience oversight frameworks with defined roles and responsibilities across first and second lines. The Risk Director is responsible for providing second line review and challenge as part of the framework execution. 

This is a position within the Latin America Department / Americas Division (LADA) at SMBC. The candidate will support the Monitoring and Testing Activities and Anti-Money Laundering (AML) for the SOFOM operations in Mexico. The position operationally reports to the Director- Compliance Officer. The candidate will be required to work jointly with: (i) the planning and compliance departments and Financial Crime Compliance (FCC) of SMBC in NY and Tokyo, (ii) Mexican law firms and consultants and (iii) local authorities/regulators.

SMBC Capital Markets, Inc, a swap dealer registered with CFTC, is seeking a highly skilled controller to join and oversee the Accounting team.  The position will be responsible for all aspects of accounting functions of the swap dealer such as monthly close, financial reporting, regulatory reporting, etc., and will report to MD in Accounting/Finance.  In discharging the duties as the controller, this position will regularly interact with various levels of management within the organization.

Technology Asset Management Lead you will be responsible for all aspects of the Asset Management and End Of Life practices for AD Technology.  The Asset management lead will be responsible for maintaining the entire IT Asset estate for the America’s.  The Lead will govern all people, process and tools related to IT asset management and ensure visibility and accuracy over the companies onboarding registry through the end-of-life cycle process.  The lead will ensure best practices are followed related to regulatory expectations and core authoritative frameworks are implemented and regularly pressure tested as part of bi-annual cycle reviews.  You will work and frequently communicate with Audit, Risk, Compliance, Senior Leadership and Steering Committees to define strategy and implementation related to Asset Management and Transformational changes.  You will monitor and govern asset management, review standards, and test controls that govern and ensure AD Technology Asset Management practices and methodologies.  You will ensure prompt reporting of all process enhancements, oversight, failures, and potential risks and identify remediation solutions, timelines, and cost impacts to Senior Management. 

SMBC Capital Markets, Inc. (CM) is a derivative trading company since 1988 based in New York City, with offices in London and Hong Kong. SMBC CM is an established derivatives dealer with a broad product portfolio, with specific emphasis on interest rates and foreign exchange products such as interest & FX swaps, FRAs, options, exotic products, commodity derivatives as well as exchange traded products such as treasury bonds, interest rate futures & options, currency futures, treasury futures & options, etc.    CM is searching for a candidate to serve as a Team Lead in the Credit Administration Group. This vice president role will report to the Head of Credit Administration, within the Risk Management Department of SMBC Capital Markets. The role's primary function is to perform credit limit surveillance and risk reporting in support of the Capital Markets businesses. The position is on the trading floor and the work environment is fast paced. The person will have direct contact with front office (traders and marketers).   The Risk Management Department is responsible for market, model, liquidity, credit, foreign exchange, operational and legal risks associated with SMBC CM Inc’s business and manages those risks directly or through each related departments and groups. The department is organized into four functional groups - Credit Risk Group, Market Risk and Analytics Group, Model Risk Group, and the Operational & Regulatory Risk Group. The Credit Risk Management Group maintains sound credit management activities liaising where necessary with other departments to review and assess credit risk, monitor credit exposure and provide guidance on credit limits in accordance with policies and procedures.  

SMBC is looking for an Associate to work in the Investigations Department of Client Services Center, located in Jersey City, NJ (Harborside).  The candidate will ensure that all inquiries received from SMBC’s customers and financial institutions are addressed and resolved in a timely manner utilizing the Sungard Investigations system, Montran Payment System, and Microsoft Outlook Email Database.  Comprehensive and concise responses must be provided while adhering to SMBC’s overall policy related to customer communication and correspondence.  There is a strong requirement for an individual who has excellent written and verbal communication skills and is diverse and detail oriented. 

MBC Capital Markets, Inc. (CM) is a derivatives trading company since 1988 based in New York City, with offices in London and Hong Kong. SMBC CM is an established derivatives dealer with a broad product portfolio, with specific emphasis on interest rates and foreign exchange products such as interest & FX swaps, FRAs, options, exotic products, commodity derivatives as well as exchange traded products such as treasury bonds, interest rate futures & options, currency futures, treasury futures & options, etc.    Based on the growth in the CM business, CM is looking to expand Counterparty Credit Risk Analytics function. CM is searching for a candidate with strong quantitative background to lead counterparty credit analytics function and serve as a VP within CCR team. The role's primary function is to lead counterparty credit risk analytics with core focus on understanding PFE modeling and analyzing various modeling approaches. The person will lead discussions on modeling new products in vendor platform, engage with risk modeling team to drive implementation of new models/enhance existing models, develop and maintain wide varieties of stress testing scenarios covering historical and forward-looking scenarios to ensure the firm's compliance with regulatory requirements (SR 11-10). The candidate will perform ongoing counterparty surveillance, risk exposure monitoring, ad-hoc analysis on various risk analytics project, and work closely with front office on estimating exposures   The risk management department is responsible for market, model, liquidity, credit, foreign exchange, operational and legal risks associated with SMBC-CM Inc’s business and manages those risks directly or through each related departments and groups. The department is organized into four functional groups - Credit Risk Group, Market Risk and Analytics Group, Model Risk Group, and the Operational & Regulatory Risk Group. The Credit Risk Group maintains sound credit management activities liaising where necessary with other departments to review and assess credit risk, monitor credit exposure and provide guidance on credit limits in accordance with policies and procedures. Within Credit Risk Group, counterparty credit risk team performs risk measurement/CCR analytics and risk exposure analysis/risk management.  

SMBC is seeking a Model Risk Manager with strong quantitative background to join the Model Risk Governance Team within the Model Risk & Validation Group.  The Model Risk Governance Team is responsible for maintaining policy and procedures, overseeing model risk reporting, and leading efforts to effectively identify new models.  This position will be part of our hybrid workforce model utilizing a combination of in-office and at-home work arrangement.

SMBC's Global Structured Finance Department is looking for an Associate to join its North America Project Finance Group.   The North America Project Finance Group is a leading banking franchise providing advisory, structuring, and lending services to large strategic investors and private equity sponsors. The group covers the growing infrastructure industry (including digital infrastructure, transportation, and social infrastructure), the power industry (including conventional power generation, renewable power generation, and storage), and the natural resources industry (including LNG terminals, midstream assets, and renewable fuels), with a growing focus on ESG-themed projects. The franchise is consistently ranked at the top of the Project Finance league tables, both in North America and globally.   With a strong focus on debt structuring and arranging, you will be involved in all stages of transactions, from composing early-stage proposals and pitch books, to due diligence and execution, and ultimately to managing a successful financial close.   The Associate will provide analytical and marketing support to senior bankers through the preparation of financial models, complex credit analyses, credit applications, term sheets, presentation materials (pitch books), and industry research, as well as through ongoing monitoring and review of the group’s lending portfolio.   The position will be sector-agnostic, working with bankers across all industry groups in North America. This position reports directly to a senior colleague assigned to managing the pool of junior staff (Analysts and Associates). The Associate will be actively involved in overseeing Analysts as part of deal teams.

SMBC Capital Markets is an established derivatives dealer with a broad product portfolio, with specific emphasis on interest rates and foreign exchange.  We have been in operation for more than 30 years and we are a leading market-maker in several markets. The Treasury Settlements and Margin Group handles operations for Capital Markets.  This ranges from management of cash and liquidity, the settlement cycle of all products across Capital Markets and collateralization.  Settlements is a fast-paced environment in daily settlement processing in FX, Interest rate swaps, Caps, non-deliverable FX and swaps as well securities including US Treasuries and Canadian Treasuries.  The team actively manages pre and post settlement inquiries while monitoring settlement risk.  There is a focus on staying current with industry standards and regulations and an emphasis on related projects including the upcoming SOFR transition and transitioning to MX messaging through ISO20022.   The Data Administrator will be immersed in a fast-paced environment within the Settlements team and will be supporting the team by inputting standard settlement instructions, monitoring notice distributions as well as handling reconciliations.   This position will be located in our White Plains, NY office.

SMBC Capital Markets, Inc. (CM) is a derivatives trading company since 1988 based in New York City, with offices in London and Hong Kong. SMBC CM is an established derivatives dealer with a broad product portfolio, with specific emphasis on interest rates and foreign exchange products such as interest & FX swaps, FRAs, options, exotic products, commodity derivatives as well as exchange traded products such as treasury bonds, interest rate futures & options, currency futures, treasury futures & options, etc.    CM is searching for a candidate to serve as a counterparty credit risk management associate. The team has a strong mandate to enhance counterparty credit risk framework across the firm and to ensure the firm's compliance with regulatory requirements (SR 11-10). The position is on the trading floor and the work environment is fast paced. The person will have direct contact with front office (traders and marketers). This role requires good communication with front office, regulators, and other risk management teams to address key mandates.   The risk management department is responsible for market, model, liquidity, credit, foreign exchange, operational and legal risks associated with SMBC-CM Inc’s business and manages those risks directly or through each related departments and groups. The department is organized into four functional groups - Credit Risk Group, Market Risk and Analytics Group, Model Risk Group, and the Operational & Regulatory Risk Group. The Credit Risk Group maintains sound credit management activities liaising where necessary with other departments to review and assess credit risk, monitor credit exposure and provide guidance on credit limits in accordance with policies and procedures. Within Credit Risk Group, counterparty credit risk team performs risk exposure analysis/analytics, engages in modeling of PFE/EPE and risk monitoring.   The anticipated salary range for this role is between $85,000 and $131,000. 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.

The HRIS Product Specialist will help build, implement, and support a firmwide SAP SuccessFactors deployment, integrations and ongoing enhancements. This is a key role bridging between the business, the technical team and our implementation partner, focusing on delivering best possible service and user experience to employees within the organization. This role develops streamlined and effective user experiences within the Human Resources process lifecycle for both the administrator and end-user and requires a strong background in HR processes as well as HR technology strategies and systems to effectively provide employees a well-designed work reality. The HRIS Product Specialist will partner closely with HR functions to identify, enhance and implement their business processes against the technology strategy to leverage system automations and optimize moments that matter for employees and provide business leaders with the data needed to make informed decisions.

The Settlement Associate has the primary responsibility for clearing billions of dollars in securities value on a daily basis and having the authority to make quick clearance decisions day to day. Ensures that all client transactions are escalated and thoroughly investigated and resolved in a timely manner. Ensuring that the Settlements Team Lead/Manager is informed with written details and notified of any potential risk issues that can be escalated up the chain accordingly.   The anticipated salary range for this role is between $76,000 and $120,000. 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 is hiring a Compliance Policy Associate to support the Compliance department with key policy program functions and initiatives. The role entails a variety of administrative, technical, coordination, and organizational duties in support of the Compliance Policies team across SMBC Americas Division (AD) entities, such as policy program quality control, document management, issue management, policy mapping, policy writing, repository management (shared drives, SharePoint, etc.), and other tasks as assigned.

SMBC is hiring a Reconciliations Associate within the CFTC Trade Reporting team. The team will be responsible for building and maintaining reconciliations across the bank using various reconciliation tools. The Associate’s primary responsibility will be to support and enhance current reconciliations as well as build new reconciliations for teams across the bank. The candidate should have functional knowledge of supporting a reconciliation processes.   The anticipated salary range for this role is between $78,000 and $124,000. 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.

SMBC is hiring a Reconciliations Associate within the CFTC Trade Reporting team. The team will be responsible for building and maintaining reconciliations across the bank using various reconciliation tools. The Associate’s primary responsibility will be to support and enhance current reconciliations as well as build new reconciliations for teams across the bank. The candidate should have functional knowledge of supporting a reconciliation processes.   The anticipated salary range for this role is between $78,000 and $124,000. 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.

The Product Control team seeks an experienced Product Control Associate responsible for daily P&L validation, explanation, risk analysis, and reporting for our fixed-income securities, loans, derivatives, and FX trading desks. The successful candidate will be involved in internal controls and process efficiency projects, document policies and procedures, and liaise with internal departments, external auditors, and regulators.

JOB SUMMARY Within the Financial Crime Prevention Unit, ("FCPU"), the Sanctions Compliance Team ("SCT") provides second-line oversight to the SMBC in the New York branch other business within the Americas Division. The Sanctions Advisory Team within the Sanctions Compliance Team employs a Director-level contributor to lead, provide advice for, and support the compliance framework on Export Control related matters. The Director is primarily responsible to advise on dual-use good escalations or escalations pertaining to persons denied export privileges from a U.S. Commerce perspective. The Director may liaison with Head Office for additional assessments. The Director is responsible for the regulatory assessments as they are triggered in relevant changes in law or enforcement actions, plan or assist in the implementing controls, policies and procedures accordingly, and provide updates to multiple disciplines or jurisdictions of business within the Americas Division. The Director additionally supports on Economic Sanctions related matters within the Sanctions Advisory team including regulatory change management processes, advice on referrals, self-disclosures, and/or regulatory reporting.   SCOPE The Director reports into the Director of the Sanctions Advisory Team. The Director may be involved in performing assignments in the absence of the Director of the Sanctions Advisory Team. In addition to Export Controls the Director ensures compliance in accordance with regulatory requirements Bank Secrecy Act/Anti Money Laundering/Office of Foreign Assets Control (BSA/AML/OFAC), SMBC policies and procedures.

This position provides support to senior management and other business stakeholders for the FP&A (Financial Planning and Analysis) Team in the Strategic Planning Department, Americas Division (SPDAD), and under supervision of our Chief Financial Officer (CFO).   Scope of responsibility includes, but not limited to: system integration, architecture design, and automation for financial analysis and planning purposes. This role also focuses on providing both business and technical support through measuring, evaluating, and improving financial data analysis, planning, and forecasting processes, managing reporting of our financial results, analyzing key business drivers, and evaluating strategic initiatives. This role will contribute to major areas of the FP&A Team, which includes financial resource optimization, management and regulatory reporting, while coordinating with various stakeholders of the organization from Head Office to our bank’s back office, middle office, and front office.   The anticipated salary range for this role is between $117,000 and $159,000. 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.

We are looking for an experienced finance professional to manage the Product Control team responsible for daily P&L validation, attribution, reporting and other ad hoc analytical functions. We will trust this candidate to maintain a solid internal control framework around the entire trade lifecycle that assures the reliability, accuracy, and completeness of information for financial, regulatory, and management reporting. The successful candidate will be involved in internal controls, process efficiency, and finance transformation projects. The candidate will also document department-level policies and procedures and manage the EUC (End User Computing) control process for critical spreadsheets.   The anticipated salary range for this role is between $128,000 and $159,000. 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.