Risk Manager

Headquartered in Tokyo, Sumitomo Mitsui Banking Corporation (SMBC) is a leading global financial institution and a core member of Sumitomo Mitsui Financial Group (SMBC Group). Built upon our rich Japanese heritage since 1876, we put our customers first and provide seamless access to, from and within the Asia Pacific region.   SMBC is one of the largest Japanese banks by assets and maintain strong credit ratings across our global integrated network.  We work closely as one SMBC Group to offer personal, corporate and investment banking services to meet the needs of our customers.

With sustainability embedded within our strategy and operations, we are committed to creating a society in which today’s generation can enjoy economic prosperity and well-being, and pass it on to future generations.

Scope 

1. Good understanding of ECL Models, VAR, BPV, PV01/ DV01/ Modified Duration and Enterprise level Risk methodology.
2. Ability to identify and propose mitigation in line with SMBC Risk Appetite Framework.
3. Deep understanding of Risk theory and methodology specially in Banks and preferably with a multi-currency, Basel compliant Risk Management environment.
4. Excellent execution skill and good interpersonal skills for engagement with various stakeholders like Business, SMBC HO/ Regional Office counterparts, Middle and Back Office teams and regulators to ensure timely risk management and response   

Job Responsibilities

1. Development and implementation of a comprehensive Risk management framework for GIFT-City Branch
2. Monitor, Establish and review of the various risk limits
3. Management of dashboard reporting
4. Enhancement of the Risk Management function for GIFT-City Branch.
5. Establishment of the comprehensive framework for Risk information and develop relevant risk related policies in alignment with IFSCA’s regulations
6. Identification, measurement, monitoring/ control/ reporting, analysis and mitigation of risks, embedded and emerging, in the Bank’s business. (in line with Governing Body Guidance).
7. Monitoring adherence to internal risk policies/ regulatory guidelines/ risk management systems and procedures etc, reporting of deviations.
8. Compliance and alignment with Internal Audit observations, IFSCA Audit, and Statutory Audit observations pertaining to Risk Management Functions.
9. End-to-end IFRS ECL computation along with model governance 
10. Coordination with Business, Regional/ Head office counterparts, Middle and Back office teams.
11. Ancillary activities as per team/Branch requirements