Director, Credit Stress Loss Modeling

Job overview

The Director, Credit Stress Loss Modeling role is hybrid in Jersey City, New Jersey. The stated base salary range is $173,202 to $228,000 per year, with possible eligibility for an annual discretionary incentive award. The role supports SMBC's wholesale credit portfolios and regulatory stress testing and capital planning. The director develops, validates, and implements credit risk models used for stress testing, CECL, and capital planning. Through model governance, performance monitoring, and collaboration with Finance, Risk, IT, and validation teams, the role supports reliable risk decisions and regulatory compliance.

What you'll do

• Develop, calibrate, validate, document, and implement credit risk models including PD, LGD, EAD, and loss forecasting
• build scenario-based stress testing models
• monitor model performance through back-testing and sensitivity analysis
• address validation findings
• support regulatory exams and audits
• operationalize models with Finance, Risk, and IT
• mentor quantitative analysts.

What we're looking for

Skills & competencies

director

credit stress loss modeling

credit risk

stress testing

cecl

capital planning

wholesale credit

pd lgd ead

python

sas

hybrid

jersey city nj

$173,202–$228,000/year

Work arrangement

• Weekend coverage required

Benefits & perks

• SMBC offers a competitive portfolio of employee benefits
• details are available on its Careers page.

Why this role

Focus on wholesale credit portfolios, CCAR stress testing, CECL, and model governance.

About the employer

SMBC is hiring for this role. Industry: Commercial Banking. Sector: 52.