SMBC Group · 4 hours ago
Head of CCAR Internal Controls - Director
Jersey City, NJ
Full-time
Hybrid
Senior Level, Lead/Staff
$190K/yr - $225K/yr
10+ years expSMBC Group is a top-tier global financial group offering a diverse range of financial services. The Head of CCAR Internal Controls is responsible for ensuring robust internal controls related to capital planning and stress testing processes, ensuring compliance with regulatory requirements, and supporting staff training on internal control standards.
AdviceBankingFinancial Services
Responsibilities
Developing and implementing internal control frameworks related to capital planning - Reviewing the implementation of internal controls to confirm their effectiveness in mitigating risks associated with CCAR activities
Performing risk assessments specific to CCAR - Assessing the design and operating effectiveness of internal controls related to CCAR
Ensuring compliance with regulatory expectations and internal policies related to CCAR - Collaborating with various departments (e.g., Finance, Risk, Treasury) to ensure adherence to control requirements and timely submission of accurate regulatory reports like the FR Y-14A/Q/M
Reporting and remediation of internal control deficiencies - Identifying, accumulating, and evaluating design and operating control deficiencies and ensuring their remediation; Preparing and presenting detailed reports on control deficiencies and remediation efforts to management and the board of directors
Supporting and training staff on internal control standards and procedures relevant to CCAR - Providing training and guidance to employees on internal control principles, policies, and procedures related to CCAR
Qualification
Required
Bachelor's degree in accounting, finance, or a related field
10+ years of proven experience in internal controls, auditing, or risk management within the financial services industry, preferably with experience related to CCAR or SOX
Strong analytical, critical thinking, and problem-solving skills to assess risks and evaluate control effectiveness
Strong communication and interpersonal skills to collaborate effectively with various stakeholders and to present findings to management and the board
Preferred
Professional certifications like CPA or CIA are preferred
Benefits
Competitive portfolio of benefits
Company
SMBC Group
SMBC Group is a top-tier global financial group.
10001+ employees
H1B Sponsorship
SMBC Group has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
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Trends of Total Sponsorships
2025 (160)
2024 (87)
2023 (73)
2022 (44)
2021 (29)
2020 (26)
Funding
Current Stage
Late StageLeadership Team
Hirofumi Otsuka
Senior Managing Executive Officer & CEO of Americas Division
Juan Kreutz
Head of Structured Finance Solutions and Deputy Head of the Americas
Recent News
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