Risk Management Cross-Function 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

The Strategic & Credit Risk Officer supports the design, implementation, execution, and oversight of the branch’s credit risk management framework accordingly to established corporate and risk strategies. He / She can also support other EMEA entities such as SMBC EU AG.
The Strategic & Credit Risk Officer sits within the Paris Risk Management Department “RMD”

The role is to support the Paris Head of Risk for maintaining and developing an effective credit risk management framework, including:

Coordinates with and / or challenges other key stakeholders of the credit risk management, including the 1LOD (Front Office, Corporate Research), and the 2LOD (Credit Department, Risk modelling team, Information Team, EMEA / EU RMD colleagues).
Performs a regular credit risk oversight with the purpose of a reporting to local committees / forums held on a monthly / quarterly / biannual basis, but also potentially to EMEA / EU governance
Monitors, analyses and challenges the credit quality and concentration risk of the portfolio, including ESG, based on historical data, other departments credit risk analysis at obligors’ level, with a forward-looking view, taking into account industry trends and possible headwinds in macroeconomics / geopolitical context. That applies for Paris local purposes but also potentially to other EMEA entities such as SMBC EU AG.
Advises on the credit risk sections of the branch’s Risk Appetite, including limits and KRIs and performs a regular monitoring.
Monitors new transactions. For some above a certain threshold, organises a local approval meeting (PLAM) and develops its own opinion, in addition of the FO and Credit Department, to justify a RMD veto, if needed
Participates to the EMEA Product Approval Committees, and analyses products from a credit risk perspective.
Performs a regulatory watch on credit risk and advises and / or implements the necessary actions (update of policies and procedures…) based on best practises.
Synthesizes his / her credit risk oversight in the preparation and drafting of reports to (i) local governance committees or forums and to the ACPR (Internal Control Report ‘RACI’)
Participates to ad hoc tasks, potentially but not only, linked to the Paris transfer to an EU entity.
Maintains the existing framework, but also develops best practices, in the perspective of a becoming a SMBC EU entity, which might fall under the ECB supervision

Experience and knowledge
- Solid and successful experience in corporate credit risk (bank, rating agency…), including its ESG aspects.
- Good knowledge of Corporate Banking products and loan structure (syndication, underwriting, trade finance...)
- Good knowledge of the EBA / EU regulation, supervisor expectations and best market practises.
- Ideally, used to work in an international environment.

Skills
- Solid skills in credit risk analysis, with a good understanding of the underlying businesses, sectoral view, macroeconomics…
- Good skills in data management and in related tools such as Excel (Power BI would be a nice to have).
- Strong skills to draft clear reports, in English, on PowerPoint. That includes the underlying text and conclusion but also presentation, graphs….
- Oral communication and presentation skills (French speaker and fluent in English).
- Ability to collaborate into an international environment with multiple interlocutors.
- Ability to take a step back and have a high-level view.
- Team Spirit in line with SMBC values

Qualification
- Master’s degree in Banking / Finance

Business Area

Position Description

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!!