Job Description

28 Nov 2025
London, LND, GB, EC2M 2AT
SMBC: A trusted partner for the long term




Here at SMBC Group, we want to help you find the next step in your career so read on to discover if this opportunity is the one for you. We like to recognise potential in our people, so we welcome your application even when your experience doesn't perfectly align with the job description. Whilst we'll always strive to be better, we're proud of our inclusive culture, and encourage our applicants and colleagues to be their authentic, unique selves.





Who we are

United by a sense of purpose towards our customers - to be a trusted partner for the long-term - and our universal banking platform in EMEA, SMBC Group has an international growth agenda and award-winning products, meaning we provide exciting opportunities to work on a diverse range of projects and initiatives. We deliver a full suite of corporate finance products and solutions to our customers as well as investment banking and advisory services, and a range of innovative solutions in global capital markets. Read on to find out how you could enhance your skills and gain valuable experience, by joining us to support our clients transition to a sustainable future.

Role Summary

Is the next step in your career at SMBC Group EMEA? We're looking for a Senior Quantitative Risk Analyst / VP for our Modelling team within the Risk Management Department.



The role reports to the Head of Modelling Group, working from our office at 100 Liverpool Street, London. The successful candidate will be responsible for development, ownership, and maintenance of internal and vendor models used for Credit Risk, Counterparty Risk and Concentration Risk. The role also provides significant exposure to the Bank's ICAAP, ICARA, Reverse Stress Test, and other strategic initiatives.



Successful candidates will be extremely proactive, detail oriented, have strong logical reasoning & problem solving skills. It is highly desirable for the candiate to be able to liaise with senior management / regulators on complex modelling and capital related topics. Solid experience in Credit Risk Analytics within Financial Services firms, knowledge of MS Excel / Access and SQL / Python / R programming skills will be essential to be successful in this role.
Business Area

The role sits within the Modelling vertical of Credit Portfolio, Policy & Modelling Group of Risk Management Department (RMD) at SMBC BI. This vertical is responsible for the quantification of Credit, Operational, Market, Counterparty, Liquidity and Climate Change risks for both internal and regulatory purposes and the development of Model Risk Management Framework for SMBC BI and EMEA region. The role holder has the primary responsibility to support the development of Credit Risk related Models as well as Risk Tolerances and maintain related documents to regulatory and audit standard.
Position Description

Purpose of the Job

Responsible for developing, documenting, and monitoring Credit Risk models for various SMBC entities within EMEA region, and ensuring compliance with regulatory and internal policy requirements. Proactively support and take initiative on activities supporting Regulatory and Internal Capital Assessments such as ICAAP, ICARA and other initiatives Provide support and participate in developing innovative solutions in climate risk modelling and scenario analysis exercise. Present results and analyses to a wide range of audience, including but not limited to Senior Management, Risk Committees and the Board of Directors on a regular basis. Manage and provide training to junior/new staff in the department.

Facts / Scale

The Modelling Team comprises 7 employees and there is no direct report to the role holder. Interaction with Senior Management, Risk committees, Internal & External Auditors, and Regulators. Work in a multi-cultural team and collaborate with multiple stakeholders

Accountabilities & Responsibilities

Own, monitor and maintain various internal and vendor models capturing Credit Risk, Counterparty Risk and Concentration Risk, support other team members in regular upkeep of other models. Produce portfolio analytics covering capital contribution for both Economic Capital and Regulatory Capital. Support, enhance, and develop stress testing calculation for Pillar 2B, Reverse Stress Test, various Strategic initiatives, and other ad-hoc purposes. Develop innovative solutions to model Climate risk and quantify its impact to the bank's portfolio and be a key contributor to enhance the current scenario analysis methodology. Support the team's compliance with the Model Risk Management framework and handle challenges during the independent model validation exercise. Participate on various ICAAP/ICARA workflows including risk tolerance set up, scenario development, stress testing calculation, and/or as instructed by management Participate in the production of stress testing methodologies / results / documentation for the SMBC BI and other EMEA entities; ensure existing methodologies are appropriate and up to date; and ensure documentation is accurate and comply with the latest regulatory and audit requirements Actively participate in producing appropriate stress scenarios, stressed parameters and models for SMBC BI's capital planning within the ICAAP framework

Knowledge, Skills, Experience & Qualifications

Experience in credit risk analytics or quantitative research within financial services. Proven problem-solving skills using logical reasoning and analytical methods Working knowledge of programming language (R, SAS, Python etc.) Excellent Excel and Access Skills BSc/MSc Degree in a quantitative field (Finance, Mathematics, Economics, Engineering etc. Competencies
Customer Focus
Driving Change
Driving Results
Embraces Diversity
Enterprise Leadership
Judgement and Decision Making
Risk Management
Strategic and Visionary
Trust and Integrity
What we offer

For all the expertise and experience you bring to help us make a difference, it's only sustainable if we support you to build your career and be your best self so we offer competitive company benefits, centred around promoting positive well-bring and work-life balance. We also believe in fostering a diverse and inclusive work environment, where all team members perspectives and contributions are valued. Initiatives in place which promote a diverse and inclusive culture and healthy work life balance include hybrid working, Sport & Social Clubs and Diversity and Inclusion networks.
As an employee of SMBC you have access to a host of both useful and exciting benefit offerings. See below some of the benefits on offer to you:
Hybrid and flexible working Competitive paid leave days Benefits to support your physical wellbeing, including private medical insurance and life and invalidity insurance Various policies to support your mental wellbeing, including a robust behavioural health network with counselling and coaching services Access a wide range of learning and development opportunities and career progression opportunities Ambitious remuneration package

So, if you like a challenge and want to continuously grow and develop in a role where you will be supported along the way by a dynamic and diverse team, apply today!!


We recognise our role as a bank to support social change and welcome all applications, including those from groups often under-represented in financial services. We value the uniqueness of professional and personal, backgrounds and perspectives as they play a vital role in continuing the sustainable growth of our organisation. We'll ensure reasonable adjustments to our recruitment process are offered due to a disability or long-term condition whenever requested.




About SMBC


A trusted partner for the long term

United by a sense of purpose towards our customers - to be a trusted partner for the long-term - and our universal banking platform in EMEA, we deliver a full suite of corporate finance products and solutions to our customers, including corporate, structured and trade finance, leveraged finance, loan market and treasury products. We can also provide investment banking and advisory services and a range of innovative solutions in global capital markets.

about what we do and who we are at https://www.smbcgroup.com/emea/careers