The anticipated salary range for this role is between $213,000.00 and $235,000.00.
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.
JOB SUMMARY:
Reporting to the Head of Model Risk, the Risk Model Validation Director plays an active role in the implementation of Model Risk Management framework for the Combined U.S. Operations of SMFG by performing independent validation and review of Stress Testing Models.
SCOPE:
As part of the Risk Management Department, the Model Risk & Validation department enhances the Model Risk Management framework for the Americas Division to ensure continuous improvement of the model quality and governance.
The Team Lead of Model Validation applies numerical, statistical and qualitative knowledge to perform model validation and measures, monitors and reports model risk from model validation perspectives.
This position provides model validation support to various types of models.
Expertise is required to have great understanding of statistical models, identify issues and limitations, and provide recommendation to enhance existing models.
PRIMARY RESPONSIBILITIES:
The job responsibilities are described herein:
CRITICAL JOB KNOWLEDGE AND CORE COMPETENCIES / SKILLS
Qualifications and Skills
Recommended years of experience: 10
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.