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.

The anticipated salary range for this role is between $135,000.00 and $181,000.00. 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.

Overview

The Risk VP role supports the development and implementation of the Information Technology (IT) and Cybersecurity risk management framework, as well as operational resilience second line oversight for the SMBC Group Americas Division (AD), in accordance with applicable regulations, home office policies and industry practices for risk management.

The Risk Management Department (RMDAD) is the second line of defense in its role of monitoring and assessing business practices as related to the risk appetite framework for SMBC. Within the RMDAD, the Non-Financial Risk (NFR) establishes an IT & cyber risk management and resilience oversight frameworks with defined roles and responsibilities across first and second lines. The Risk VP is responsible for providing second line review and challenge as part of the framework execution.

Responsibilities

• Supports the Director of Technology Risk and Resilience Oversight (TRRO) in ensuring IT, data management, cybersecurity, and operational resiliency risk is adequately governed, managed and controlled

• Assists in the review and update of Operational Risk Management (ORM) policies specific to IT, data management, cybersecurity, and operational resiliency risks

• Supports the review and challenge of the 1st LOD risk identification, assessment, mitigating activities, and overall operational risk profile as it relates to IT, data management, cybersecurity, and operational resiliency risks

• Escalates control weaknesses, metrics breaches and incidents related to IT, data management, cybersecurity, and operational resiliency to 2nd line management, as appropriate

• Provides feedback and guidance on IT, data management, cybersecurity, and operational resiliency risk matters, standards, policies and control framework

• Understands the impact of IT, data management, cybersecurity, and operational resiliency risk across the business, group companies, and functions bank-wide

• Understands changes related to regulatory, new product/initiative, processes, controls, events, issues, etc., in the IT, data management, cybersecurity, and operational resiliency risk domains that may impact the operational risk profile of the bank

• Works with business/function/entity to increase awareness of IT, data management, cybersecurity, and operational resiliency risks

• Works with ORM Central Team to obtain and share relevant information, monitors and reports changes of policies, standards, activities, processes, controls, etc. related to IT, data management, cybersecurity, and operational resiliency risks

• Provides ad-hoc IT, data management, cybersecurity, and operational resiliency risk reporting to management

Qualifications

• Well-versed in technology & cyber risk and resilience practices with the ability to connect and align with the firm’s operational risk management processes and operational resilience framework

• 7+ years of direct work experience within the financial services industry, focused on risk management, regulatory, information technology, data management, cybersecurity, operational resiliency, compliance, or audit experience

• Foundational knowledge of enterprise risk management industry practices including project management, and risk control self-assessments

• Working knowledge of technology and cyber risk management process and controls, industry practices and framework (e.g. NIST, ISO).

• Detail oriented, with proven ability to question the status quo and apply effective challenge, as appropriate

• Strong organizational skills, with proven ability to successfully manage multiple, concurrent priorities

• Demonstrated ability to influence a group of diverse stakeholders

• Ability to work effectively in a matrixed environment and across various organizational levels, where flexibility, collaboration, and adaptability are important

• Ability to work independently

• Strong analytical skills and attention to detail

• Foundational knowledge of banking laws and regulations (North America, APAC preferred)

• Maintain an operational risk management and regulatory compliance mindset to understand underlying risks and weaknesses to properly assist in mitigating such risks

• Strong interpersonal and communications skills to successfully interface across various levels and maintain solid working relationships

• Strong desire to continually deliver a quality and meaningful work product in a timely and efficient manner

• Bachelor’s/University degree, Master’s degree preferred

• CISA, CISM, CISSP, or other IT risk/IT security certifications preferred

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.

We are an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, disability status, protected veteran status or any other characteristic protected by law. SMBC provides reasonable accommodations for employees and applicants with disabilities consistent with applicable law. If you need a reasonable accommodation during the application process, please let us know at accommodations@smbcgroup.com.