Credit Portfolio Risk Associate

Role Description

SMBC is seeking a highly motivated and detail-oriented Associate to join the Credit Portfolio Risk team. The role will focus primarily on the Current Expected Credit Losses (CECL) process and related portfolio credit risk analytics, while also providing support for credit stress testing activities. The Associate will support recurring quarterly production, analysis, governance, documentation, and cross-functional coordination, helping ensure accurate and timely deliverables. The ideal candidate combines strong reporting skills, an understanding of credit risk and allowance methodologies, and the ability to manage detailed processes across multiple stakeholders.

Role Responsibilities

CECL Production

• Perform quarterly CECL production for applicable portfolios and legal entities, including data preparation, calculation, analysis, review materials, and process coordination.
• Perform portfolio-level analysis of expected credit losses, reserve drivers, change analysis, and comparison with actual losses.
• Coordinate timelines, inputs, review checkpoints, and deliverables across Credit Portfolio Risk, Controllers, legal entities, model teams, and other stakeholders.
• Prepare materials for CECL governance and review forums, including clear explanations of regulation requirements, methodology, results, key drivers, and limitations.
• Maintain procedures, controls, supporting workpapers, and audit-ready documentation; assist with responses to internal review, model validation, internal audit, regulators, and external auditors.
• Support enhancements to CECL methodologies, data, reporting, governance, and process efficiency.

Stress Testing Support

• Provide backup support for credit stress testing exercises, including data preparation, upfront adjustment, results aggregation, validation checks, deck preparation, and documentation.
• Support credit stress testing governance materials, procedures, management reporting, and coordination.

Maintain sufficient cross-training and process knowledge to provide reliable coverage during peak periods.

Qualifications and Skills

Education

• Bachelor's degree in Finance, Economics, Accounting, Statistics, Data Analytics, or a related field.
• A master's degree or relevant professional certification, such as CFA or FRM, is a plus.

Experience

• 2+ years of experience in a financial institution, preferably in CECL, or credit stress testing.
• Working knowledge of CECL or other allowance methodologies, including expected loss concepts, reserve drivers, qualitative adjustments, and governance expectations.
• Experience with credit portfolios, credit risk data, or loss estimation methodologies is preferred.
• Experience coordinating recurring processes and stakeholder meetings across multiple functions, including agenda preparation, meeting materials, follow-up, and action-item tracking.
• Experience with credit stress testing or related loss forecasting is a plus.

Skills

• Strong analytical and problem-solving skills, with attention to detail and the ability to identify and explain key drivers of results.
• Strong written and verbal communication skills, including the ability to facilitate stakeholder discussions, communicate clearly across functions, and present technical information to different audiences.
• Strong organizational skills and the ability to manage recurring deliverables, competing priorities, and tight deadlines.
• Strong Excel and PowerPoint skills; experience organizing, reconciling, analyzing, and presenting large or complex datasets.
• Proficiency in SQL, Python, R, SAS, Alteryx, Power BI, or similar data automation and visualization tools is a plus.
• Ability to work collaboratively and independently in a fast-paced, control-focused environment.