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Director, CCAR Finance Project Manager

Sumitomo Mitsui Banking Corporation
Posted 6 days ago, valid for 24 days
Location

Charlotte, NC, US

Salary

Competitive

Contract type

Full Time

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Sonic Summary

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  • SMBC Group is seeking a CCAR Finance Program Manager with over 10 years of experience in finance technology, regulatory reporting, or stress testing programs.
  • The role involves leading the end-to-end delivery of the bank's Finance stress testing platform and ensuring compliance with regulatory requirements.
  • Candidates should possess strong knowledge of CCAR/DFAST frameworks and experience with finance model platforms and regulatory reporting systems.
  • The position includes responsibilities across program leadership, model execution, aggregation, and regulatory reporting.
  • Salary details were not specified in the provided information.

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.

Role Overview

We are seeking a CCAR Finance Program Manager to lead the end-to-end delivery of the bank’s Finance stress testing platform, covering finance model execution, capital and balance sheet aggregation, and FR Y-14 regulatory reporting.

This role will drive the implementation and integration of key components of the CCAR finance architecture, including the Finance Model Execution Platform (MEP), enterprise aggregation engine, and regulatory reporting platforms (e.g., Axiom). The program manager will coordinate across Finance, Risk, Treasury, and Technology teams to ensure timely delivery, regulatory compliance, and alignment with enterprise stress testing requirements.

The ideal candidate will combine strong program management experience with deep understanding of CCAR, finance stress testing, and regulatory reporting frameworks.

Key Responsibilities

Program Leadership

• Lead the end-to-end CCAR Finance program spanning model execution, aggregation, and regulatory reporting.

• Manage delivery across multiple workstreams including Finance MEP, balance sheet and PPNR projections, aggregation, and FR Y-14 reporting.

• Define program roadmap, milestones, and delivery plans aligned with regulatory timelines.

• Coordinate across Finance, Risk, Treasury, and Technology stakeholders.

Model Execution Platform (MEP)

• Oversee implementation of the Finance Model Execution Platform supporting execution of:

• Balance sheet projection models

• PPNR models

• RWA and capital models

• Tax and capital action models

• Ensure integration with scenario management, data ingestion pipelines, and aggregation layers.

Aggregation

• Lead the design and delivery of the CCAR aggregation framework to consolidate outputs from finance and risk models.

• Ensure consistency across model outputs and alignment with enterprise stress testing assumptions.

• Implement controls for data reconciliation, adjustments, overlays, and audit traceability.

Regulatory Reporting

• Manage implementation and integration of FR Y-14 reporting processes including Axiom or similar regulatory platforms.

• Ensure automated data feeds from aggregation to reporting templates.

• Establish reconciliation controls between aggregation outputs, general ledger, and regulatory reports.

Governance and Regulatory Engagement

• Establish program governance, delivery tracking, and issue management processes.

• Coordinate with Model Risk Management, Internal Audit, and Regulatory Affairs.

• Support regulatory submissions and examinations related to CCAR.

Stakeholder Management

• Serve as the primary liaison between Finance, Risk, Technology, and external vendors.

• Drive alignment across cross-functional teams delivering the CCAR platform.

• Provide regular updates to senior finance and technology leadership.

Qualifications

Required Qualifications

• 10+ years of experience in finance technology, regulatory reporting, or stress testing programs.

• Strong knowledge of CCAR / DFAST regulatory frameworks and FR Y-14 reporting requirements.

• Experience implementing finance model platforms, aggregation engines, or regulatory reporting systems.

• Proven experience managing large cross-functional regulatory programs.

• Strong stakeholder management and communication skills.

Preferred Qualifications

• Experience with Axiom regulatory reporting platform.

• Experience building or managing model execution platforms for finance or risk models.

• Familiarity with balance sheet forecasting, PPNR modeling, RWA calculations, and capital planning.

• Experience working with cloud data platforms (e.g., Databricks) and modern data architectures.

• Prior experience working with regulators or regulatory remediation programs.

 

 

SMBC’s employees participate in a Hybrid workforce model that provides employees with an opportunity to work from home, as well as, from an SMBC office. SMBC requires that employees live within a reasonable commuting distance of their office location. Prospective candidates will learn more about their specific hybrid work schedule during their interview process. Hybrid work may not be permitted for certain roles, including, for example, certain FINRA-registered roles for which in-office attendance for the entire workweek is required.

 

SMBC provides reasonable accommodations during candidacy for applicants with disabilities consistent with applicable federal, state, and local law. If you need a reasonable accommodation during the application process, please let us know at accommodations@smbcgroup.com.




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