Senior Director of Financial Risk Management

3 weeks ago

Old Toronto, Ontario, Canada SMBC Full time
Job Title: Director, Commercial Financial Services Senior Markets

Sumitomo Mitsui Banking Corporation (SMBC) is a leading global financial institution renowned for its commitment to excellence, innovation, and integrity. As part of our strategic expansion and growth, we are seeking a highly experienced Director of Financial Risk to join our dynamic team in Toronto, Canada.

Key Responsibilities:
  • Lead and manage the financial risk management function, with a primary focus on portfolio management, to ensure the bank's financial stability and growth.
  • Develop and implement robust risk management policies, procedures, and frameworks in alignment with regulatory requirements and industry best practices.
  • Perform portfolio deep dives and analysis & assessment of risk exposures, identifying emerging risks and opportunities, to inform strategic decision-making.
  • Collaborate closely with senior management, Front office / Coverage bankers business units, and other stakeholders to optimize risk-return trade-offs and support business growth.
  • Participate in annual risk appetite refresh, establishing, back testing, and calibrating Credit & portfolio Metrics, Limits, and KRIs to ensure alignment with business objectives.
  • Ensure timely and accurate reporting of risk metrics, key risk indicators (KRIs), and risk appetite metrics to senior management and relevant committees.
  • Lead the development and implementation of stress testing, scenario analysis, and sensitivity testing frameworks to assess the resilience of the bank's portfolios under various economic scenarios.
  • Support long- and short-term planning, new product development, Credit Portfolio Committee, and risk management meetings to drive business growth and risk management excellence.
  • Network within the industry through meetings, events, and involvement with trade organizations to stay abreast of emerging risk trends and credit products.
  • Stay informed about market developments, regulatory changes, and industry trends impacting financial risk management, providing insights and recommendations to senior leadership.
  • Provide strategic guidance and direction to the Front office / Coverage bankers, fostering a culture of excellence, collaboration, and continuous improvement.
  • Build and maintain effective relationships with regulators, auditors, and external partners, ensuring compliance with regulatory requirements and audit standards.
Requirements:
  • Bachelor's degree in Finance, Economics, Mathematics, or a related field. Master's degree or professional certification (e.g., FRM, CFA) is highly desirable.
  • Over 10 years of progressive experience in financial risk management, portfolio management, or related roles within a major bank or management consultancy.
  • Demonstrated expertise in quantitative analysis, statistical modeling, and risk assessment methodologies, with a strong focus on portfolio risk management.
  • Display an advanced understanding of credit markets and risk analysis to create models, risk ratings, loss estimates, and risk management strategies.
  • Proven leadership experience, with the ability to inspire and motivate teams, drive strategic initiatives, and foster a culture of risk management excellence.
  • Deep understanding of financial markets, products, and regulatory requirements, with the ability to translate complex concepts into actionable insights and strategies.
  • Excellent communication and interpersonal skills, with the ability to effectively engage with stakeholders at all levels of the organization.
  • Strong analytical and problem-solving skills, with a track record of delivering innovative solutions to complex risk management challenges.
  • Proficiency in risk management software and tools, as well as advanced Microsoft Excel skills.
Why Join SMBC

Opportunity to lead and shape the financial risk management function of a leading global financial institution.

Competitive compensation package with benefits and opportunities for professional growth and development.

Collaborative and inclusive work culture that values diversity, integrity, and excellence.

  • Senior Director of Risk Management

    1 month ago

    Toronto, Ontario, Canada Royal Bank of Canada Full time

    Job SummaryAs a Senior Director, you will lead the Risk Initiatives & Infrastructure team within RBC Corporate Treasury. The team is responsible for developing, maintaining, and executing the bank's structural interest rate, liquidity risk, and funds transfer pricing measurement processes and data.Key ResponsibilitiesDevelop and implement risk management...

  • Senior Director of Risk Management

    1 month ago

    Toronto, Ontario, Canada Royal Bank of Canada Full time

    Job SummaryAs a Senior Director, you will lead the Risk Initiatives & Infrastructure team within RBC Corporate Treasury. The team is responsible for developing, maintaining, and executing the bank's structural interest rate, liquidity risk, and funds transfer pricing measurement processes and data.Key ResponsibilitiesDevelop and implement risk management...

  • Senior Financial Director

    3 weeks ago

    Old Toronto, Ontario, Canada University of St. Michael's College Full time

    Director of FinanceWe are seeking a highly skilled and experienced Director of Finance to join our team at the University of St. Michael's College. As a key member of our senior administration, you will play a critical role in providing strategic financial leadership and direction to the university.Key Responsibilities:Oversee financial accounting and...

  • Senior Financial Director

    3 weeks ago

    Old Toronto, Ontario, Canada University of St. Michael's College Full time

    Director of FinanceWe are seeking a highly skilled and experienced Director of Finance to join our team at the University of St. Michael's College. As a key member of our senior administration, you will play a critical role in providing strategic financial leadership and direction to the university.Key Responsibilities:Oversee financial accounting and...

  • Risk Management Director

    3 weeks ago

    Old Toronto, Ontario, Canada BMO Financial Group Full time

    Job Title: Contract & Risk Management DirectorAt BMO Financial Group, we are seeking a highly skilled Contract & Risk Management Director to join our team. This role will be responsible for supporting the build, management, and execution of an enterprise-wide, intraday liquidity management framework to optimize risks and maximize risk-adjusted...

  • Risk Management Director

    3 weeks ago

    Old Toronto, Ontario, Canada BMO Financial Group Full time

    Job Title: Contract & Risk Management DirectorAt BMO Financial Group, we are seeking a highly skilled Contract & Risk Management Director to join our team. This role will be responsible for supporting the build, management, and execution of an enterprise-wide, intraday liquidity management framework to optimize risks and maximize risk-adjusted...

  • Risk Management Director

    4 weeks ago

    Toronto, Ontario, Canada Royal Bank of Canada> Full time

    Job SummaryRoyal Bank of Canada is seeking a highly skilled and experienced Risk Management professional to join our Group Risk Management team as a Director, Deputy CRO IS Trust. This role will be responsible for providing independent and objective oversight of the management of significant risks arising from RBC Investor Services' businesses and...

  • Risk Management Director

    4 weeks ago

    Toronto, Ontario, Canada Royal Bank of Canada> Full time

    Job SummaryRoyal Bank of Canada is seeking a highly skilled and experienced Risk Management professional to join our Group Risk Management team as a Director, Deputy CRO IS Trust. This role will be responsible for providing independent and objective oversight of the management of significant risks arising from RBC Investor Services' businesses and...

  • Director, Pension Risk Management

    1 month ago

    Toronto, Ontario, Canada Sun Life Financial Full time

    Job Title: Director, Pension Risk ManagementJoin Sun Life Financial as a Director, Pension Risk Management, and take on a leadership role in shaping the company's investment strategy and risk management practices.About the RoleWe are seeking a highly experienced and skilled professional to lead our pension risk management team. As a Director, you will be...

  • Director, Pension Risk Management

    1 month ago

    Toronto, Ontario, Canada Sun Life Financial Full time

    Job Title: Director, Pension Risk ManagementJoin Sun Life Financial as a Director, Pension Risk Management, and take on a leadership role in shaping the company's investment strategy and risk management practices.About the RoleWe are seeking a highly experienced and skilled professional to lead our pension risk management team. As a Director, you will be...

  • Risk Management Director

    4 weeks ago

    Toronto, Ontario, Canada Royal Bank of Canada Full time

    Job SummaryRoyal Bank of Canada is seeking a highly skilled and experienced professional to join our Group Risk Management team as a Director, Deputy CRO IS Trust. This role is responsible for providing independent and objective oversight of the management of significant risks arising from RBC Investor Services' businesses and operations.Key...

  • Risk Management Director

    4 weeks ago

    Toronto, Ontario, Canada Royal Bank of Canada Full time

    Job SummaryRoyal Bank of Canada is seeking a highly skilled and experienced professional to join our Group Risk Management team as a Director, Deputy CRO IS Trust. This role is responsible for providing independent and objective oversight of the management of significant risks arising from RBC Investor Services' businesses and operations.Key...

  • Risk Management Director

    4 weeks ago

    Old Toronto, Ontario, Canada SMBC Full time

    Director of Financial Risk ManagementSMBC is seeking a seasoned Director of Financial Risk Management to lead our financial risk management function in Toronto, Canada. As a key member of our team, you will be responsible for overseeing the financial risk management function, with a primary focus on portfolio management.Key Responsibilities:Develop and...

  • Risk Management Director

    4 weeks ago

    Old Toronto, Ontario, Canada SMBC Full time

    Director of Financial Risk ManagementSMBC is seeking a seasoned Director of Financial Risk Management to lead our financial risk management function in Toronto, Canada. As a key member of our team, you will be responsible for overseeing the financial risk management function, with a primary focus on portfolio management.Key Responsibilities:Develop and...

  • Risk Management Director

    4 weeks ago

    Toronto, Ontario, Canada Investment Industry Regulatory Organization of Canada Full time

    Director, Enterprise Risk ManagementReporting to the General Counsel and Corporate Secretary, the Director of Enterprise Risk Management is responsible for leading the development and implementation of the organization's risk management framework.Key Responsibilities:Develop and maintain a comprehensive risk management strategy aligned with the...

  • Risk Management Director

    4 weeks ago

    Toronto, Ontario, Canada Investment Industry Regulatory Organization of Canada Full time

    Director, Enterprise Risk ManagementReporting to the General Counsel and Corporate Secretary, the Director of Enterprise Risk Management is responsible for leading the development and implementation of the organization's risk management framework.Key Responsibilities:Develop and maintain a comprehensive risk management strategy aligned with the...

  • Financial Director

    2 weeks ago

    Old Toronto, Ontario, Canada University of St. Michael's College Full time

    Job Title: Audit and Risk DirectorWe acknowledge the traditional land of the Huron-Wendat, Seneca, and Mississaugas of the Credit on which the University of St. Michael's College operates.The University of St. Michael's College is a Catholic institution of higher learning federated with the University of Toronto. Our undergraduate division offers a wide...

  • Senior Director, Risk Initiatives Lead

    4 weeks ago

    Toronto, Ontario, Canada Royal Bank of Canada Full time

    Job SummaryAs a Senior Director, you will lead RBC Corporate Treasury's Risk Initiatives & Infrastructure team, responsible for developing, maintaining, and executing CT's Structural Interest Rate, Liquidity Risk, and Funds Transfer Pricing measurement processes and data.Key ResponsibilitiesDevelop and maintain risk measurement processes and dataLead the...

  • Senior Director, Risk Initiatives Lead

    4 weeks ago

    Toronto, Ontario, Canada Royal Bank of Canada Full time

    Job SummaryAs a Senior Director, you will lead RBC Corporate Treasury's Risk Initiatives & Infrastructure team, responsible for developing, maintaining, and executing CT's Structural Interest Rate, Liquidity Risk, and Funds Transfer Pricing measurement processes and data.Key ResponsibilitiesDevelop and maintain risk measurement processes and dataLead the...

  • Director of Financial Risk Management

    1 month ago

    Toronto, Ontario, Canada SMBC Group Full time

    Director of Financial Risk ManagementSMBC Group is seeking a seasoned Director of Financial Risk Management to join our team in Toronto, Canada. As a key member of our risk management function, you will be responsible for overseeing the financial risk management process, with a primary focus on portfolio management.Key Responsibilities:Lead and manage the...