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SMBC Group · 2 weeks ago

Market Risk Governance Manager

New York, NY

Full-time

Hybrid

Senior Level

$135K/yr - $180K/yr

5+ years exp

SMBC Group is a top-tier global financial group that offers a diverse range of financial services. The Market Risk Governance Manager will oversee market risk governance and issue management, ensuring compliance with regulatory standards and supporting new business strategies across multiple entities.

AdviceBankingFinancial Services

H1B Sponsor Likely

Responsibilities

Support all market risk governance obligations under CFTC Swap Dealer rules, including Risk Management Program (23.600), Supervision (23.602), and overall NFA compliance. Ensure governance compliance with SR11-7, Heightened Standards, and internal Risk Appetite

Maintain governance linkages between swap dealer programs and broader CUSO frameworks

Track regulatory developments and interpret implications for swap dealer governance, reporting, and risk controls

Serve as risk governance lead for new business initiatives across SMBC Capital Markets and Nikko including, new products and cross-entity initiatives

Strengthen and maintain the risk issue management framework across CUSO Market Risk, the swap dealer, and Nikko Risk

Lead issue governance, tracking, and compile closure packs of regulatory, audit, and internal risk findings for Market Risk

Ensure root cause analyses, action plans, remediation evidence, and validation align with regulatory and internal standards

Produce timely and accurate dashboards, metrics, and reporting for senior management and governance committees

Provide strategic insight and support on business growth plans, infrastructure changes, and regulatory driven initiatives

Drive continuous improvement of governance processes, templates, risk reporting and cross-entity and cross-regional coordination

Qualification

Market risk governanceRegulatory complianceRisk management frameworksCounterparty riskBroker-dealer oversightAnalytical thinkingWriting skillsCommunication skillsRelationship buildingAttention to detail

Required

5–10 years of experience in market risk, counterparty risk, risk governance, broker-dealer risk, or swap dealer oversight in a large financial institution

Strong writing, communication, and relationship building skills

Proven ability to partner across functions and drive complex issue remediation efforts

Bachelor's degree (BA/BS)

Demonstrate familiarity with key risk and valuation concepts (VaR, stress-testing, counterparty exposure estimation, documentation and internal controls)

Strong understanding of regulatory requirements applicable to Swap-Dealer, Broker-Dealer, and Bank entities

Collaborative and solution oriented to work effectively with internal risk management colleagues and leadership

Highly structured, analytical thinker with deep attention to detail

Demonstrate strong ownership and ability to execute complex initiatives

Preferred

Advanced degree such as MBA or MS in Finance or Risk Management

Benefits

Annual discretionary incentive award

Competitive portfolio of benefits

Company

SMBC Group

Glassdoor3.5

SMBC Group is a top-tier global financial group.

Founded in 1590

New York, New York, USA

10001+ employees

https://www.smbcgroup.com/americas

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

Represents job field similar to this job

Trends of Total Sponsorships

2025 (160)

2024 (87)

2023 (73)

2022 (44)

2021 (29)

2020 (26)