CCAR Data Analyst, Associate
Job Location:
Charlotte, VT - USA
Monthly Salary:
Posted:
Application Deadline:
Vacancies:
Job Summary
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 80000 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. SMFGs 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 organizations extensive global network. The Groups 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.
SMBC is driving a major Digital Transformation initiative across its Americas Division with a strong focus on modernizing technology platforms enhancing data-driven decision-making and supporting business growth. As part of this transformation we are seeking a talented Data Analyst to join the Regulatory Reporting & CCAR Technology Team.
The Data Analyst will play a critical role in analyzing business and data requirements designing data solutions and supporting the implementation of technology initiatives that automate and enhance Regulatory Reporting and CCAR reporting processes.
- Collaborate with business stakeholders to gather analyze and validate data requirements for CCAR and Regulatory Reporting initiatives.
- Partner closely with Data Management teams to identify source and onboard data required for regulatory and stress testing reporting.
- Perform data mapping data lineage analysis gap assessments and current-state versus future-state analysis.
- Create and maintain functional specification documents data mapping artifacts business requirements and data lineage documentation.
- Work with development teams to translate business requirements into functional and technical specifications and support solution implementation.
- Analyze existing business processes and identify opportunities for process improvements automation and operational efficiencies.
- Conduct detailed data analysis and support Unit Testing Quality Assurance (QA) and User Acceptance Testing (UAT) activities.
- Participate in the resolution of data quality issues and support data governance initiatives.
- Bachelors degree in Accounting Finance Business Analytics Computer Science Information Systems or a related field.
- Strong knowledge of Banking and Financial Services including Regulatory Reporting and CCAR reporting (FR Y-14A FR Y-14M and FR Y-14Q).
- Solid understanding of banking products including Loans Securities Deposits and Derivatives.
- Excellent analytical problem-solving and communication skills with the ability to clearly articulate findings and recommendations to senior management and business stakeholders.
- Experience working with both Agile and Waterfall project delivery methodologies.
- Proficiency in data analysis and reporting tools including SQL Python Microsoft Excel Tableau Visio and Jira.
- Experience with Databricks and modern cloud-based data platforms is preferred.
- Strong understanding of data governance data quality management data validation data reconciliation and data lineage concepts.
- Familiarity with regulatory reporting controls audit requirements and enterprise data management practices.
- Ability to manage multiple priorities in a fast-paced regulatory-driven environment.
- 7 years of experience supporting Regulatory Reporting CCAR/Stress Testing Treasury Finance or Risk Management initiatives within the banking industry.
- Hands-on experience with large-scale data integration data warehousing and regulatory reporting platforms.
- Experience performing data sourcing data mapping reconciliations controls validation and root cause analysis for reporting and compliance requirements.
- Understanding of end-to-end regulatory reporting processes and associated data governance frameworks.
SMBCs 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. Hybrid work may not be permitted for certain roles including for example certain FINRA-registered roles for which in-office attendance for the entire workweek is required.
SMBC provides reasonable accommodations during candidacy for applicants with disabilities consistent with applicable federal state and local law. If you need a reasonable accommodation during the application process please let us know at
Required Experience:
IC
