Counterparty Credit Risk IT Product Owner - Vice President

Who we are

United by a sense of purpose towards our customers – to be a trusted partner for the long-term – and our universal banking platform in EMEA, SMBC Group has an international growth agenda and award-winning products, meaning we provide exciting opportunities to work on a diverse range of projects and initiatives. We deliver a full suite of corporate finance products and solutions to our customers as well as investment banking and advisory services, and a range of innovative solutions in global capital markets. Read on to find out how you could enhance your skills and gain valuable experience, by joining us to support our clients transition to a sustainable future.

Role Summary

We are looking for an experienced and technically experienced Counterparty Credit Risk IT Product Owner covering Counterparty Credit Risk (CCR), Market Risk, and Asset/Liability Management to lead the design and delivery of technology solutions that support regulatory and internal risk management across EMEA. The role requires a deep understanding of applicable methodologies, solid Agile product ownership experience, and the ability to bridge business and technology to drive high-impact risk initiatives.

This role requires a mature Risk Projects professional who will work collaboratively with SMBC IT, Risk Management, Data Management, and other areas, and play an active delivery role within EMEA.

Business Area

The EMEA Risk Technology team is part of the wider Cross-Product Platforms IT function under EMEA CIO. The key stakeholders of the Risk Technology team are EMEA Risk Managers (2nd Line of Defence), operational risk teams.

Position Description

This position is for an experienced IT Product Owner to work in the SMBC EMEA Risk Management domain with a focus on Counterparty Credit Risk (CCR), Market Risk, and Asset/Liability Management. The applicant will:

• Own the product vision and strategic roadmap
• Support end-to-end project lifecycle from initiation through to implementation focusing on credit risk systems, controls, and data.
• Interpret business requirements, develop and prioritise product backlog items (epics/user stories and clear acceptance criteria) based on business value, risk impact, and technical feasibility.
• Define Credit and Credit Risk solution delivery business requirements through current state, future state and gap analyses.
• Perform data mapping and impact assessments, to inform solution design and project planning.
• Represent and engage business stakeholders in Scrum ceremonies and acting as a liaison between credit/credit risk and
• Partner with technology teams to ensure timely delivery and release of product features following and Agile principles.
• Present product updates, roadmaps, and demos to risk governance forums, program leadership, and other stakeholders.
• Lead UAT coordination and delivery of IT change into operational risk functions.

This role requires a mature Risk Technology professional who will work collaboratively with SMBC IT, Risk Management, Data Management, and others areas, and play an active delivery role within EMEA Cross-Product Platforms Technology team.

Skills and Experience:

• Deep understanding of counterparty credit, market risk, and Asset/Liability Management frameworks and tooling
• Strong Agile methodology knowledge (e.g. Scrum/Kanban)
• Ability to translate complex credit and credit risk requirements into user-centric solutions
• Exceptional communication and stakeholder management skills,
• Proficient in Jira, Confluence or DevOps tools
• Judgement and Decision Making
• Familiarity with Credit and Credit Risk platforms.
• Analytical mindset
• Degree preferred
• Certified Scrum Product Owner or other Agile certification preferred
• FRM or other relevant certifications preferred.
• Proactive team player with a can-do attitude.
• Counterparty Credit Risk and Market Risk Management
• Asset & Liability Management
• Strategic and Visionary

Competencies

What we offer

For all the expertise and experience you bring to help us make a difference, it’s only sustainable if we support you to build your career and be your best self so we offer competitive company benefits, centred around promoting positive well-bring and work-life balance. We also believe in fostering a diverse and inclusive work environment, where all team members perspectives and contributions are valued. Initiatives in place which promote a diverse and inclusive culture and healthy work life balance include hybrid working, Sport & Social Clubs and Diversity and Inclusion networks.

As an employee of SMBC you have access to a host of both useful and exciting benefit offerings. See below some of the benefits on offer to you:

• Hybrid and flexible working 
• Competitive paid leave days
• Benefits to support your physical wellbeing, including private medical insurance and life and invalidity insurance 
• Various policies to support your mental wellbeing, including a robust behavioural health network with counselling and coaching services  
• Access a wide range of learning and development opportunities and career progression opportunities 
• Ambitious remuneration package

So, if you like a challenge and want to continuously grow and develop in a role where you will be supported along the way by a dynamic and diverse team, apply today!!