Credit Portfolio Risk Analyst

Company Overview

SMBC Group is a top-tier global financial group headquartered in Tokyo 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, 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. The Group offers commercial and investment banking services to corporate, institutional, and municipal clients, connecting a diverse client base to local markets through its extensive global network. 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.

Compensation and Benefits

The anticipated salary range for this role is between $69,000.00 and $85,000.00. The specific salary offered will be based on an applicant’s qualifications, experience, 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.

Role: Credit Portfolio Analyst

SMBC is seeking a highly analytical and detail-oriented Credit Portfolio Analyst to support the Risk Identification (ID) and Risk Appetite processes for the Americas Division (AD). This role is a key contributor to materials for internal risk committees and regulators, translating complex portfolio data, stress testing outputs, and strategic business considerations into clear, actionable risk appetite metrics and limits for senior management.

Role Objectives: Portfolio Analytics & Reporting

• Assist in the development, implementation, and ongoing enhancement of the credit risk identification framework and processes.
• Analyze credit portfolio trends, concentrations, rating migration, and emerging risks; support identification of thematic vulnerabilities across the AD portfolio.
• Participate in material risk forums to review, challenge, and assess risk impacts; prepare governance and regulatory meeting materials.
• Support development, calibration, and monitoring of Risk Appetite metrics and limits, incorporating stress testing outputs and compliance results.
• Translate complex data and analytics into clear, actionable risk narratives for senior stakeholders.
• Contribute to Risk Appetite updates and enhancements, ensuring consistency in scope and methodology with HO and regional frameworks.

Role Objectives: Data, Infrastructure & Controls

• Support ownership of the end-to-end credit risk reporting data pipeline, including data source, transformation, validation, and aggregation across multiple internal systems.
• Work with Stress Testing and Model teams to refine risk identification methodologies, including materiality assessment approach.
• Collaborate with the Data team to improve data controls and communicate enhanced approaches and methodologies, ensuring consistency in definitions and calculations for Risk Appetite reporting.

Role Objectives: Governance, Regulatory & Process Support

• Support credit risk governance processes, including committee materials, approvals, and action-item tracking.
• Recommend improvements to increase efficiency, transparency, and consistency of portfolio reporting.

Role Objectives: Interpersonal

• Maintain strong attention to detail and high standards for accuracy and data quality.
• Be curious and willing to dig into underlying drivers of portfolio changes.
• Manage multiple recurring deadlines and prioritize effectively.
• Be a self-starter who takes ownership while collaborating closely with team members and stakeholders.
• Demonstrate professionalism, organization, and motivation to improve processes and the clarity of risk communication.

Role Objectives: Expertise

• Solid understanding of credit risk concepts including internal ratings, risk appetite, criticized assets and watchlists, and governance frameworks.
• Experience working with large data sets and portfolio-level metrics.
• Advanced Excel skills (data manipulation, pivot tables, complex formulas); proven PowerPoint skills for executive-ready presentations.
• Strong written and verbal communication skills, with the ability to synthesize complex analysis into concise messages.
• Bachelor’s degree in Finance, Economics, Accounting, Mathematics, Statistics, or a related analytical field.

Qualifications and Skills

• 1–2 years of relevant experience in credit risk analytics, portfolio management, or risk reporting at a bank or large financial institution.
• Experience in a U.S. regulatory environment (Federal Reserve, OCC, or similar) or at a foreign banking organization.
• Professional certifications or coursework in risk management, credit analysis, or data analytics (FRM, CFA, or similar) is a plus.

Additional Requirements

• SMBC employees participate in a Hybrid workforce model, allowing work from home and from an SMBC office.
• SMBC requires employees to live within a reasonable commuting distance of their office location.
• Candidates will learn more about their specific hybrid work schedule during the interview process.
• Hybrid work may not be permitted for certain roles, including certain FINRA-registered roles that require in-office attendance for the entire workweek.
• SMBC provides reasonable accommodations during candidacy for applicants with disabilities consistent with applicable federal, state, and local law.