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SMBC Global Markets Business Manager, Director in New York, New York

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 80,000 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. SMFG’s 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 organization’s extensive global network. The Group’s operating companies in the Americas include Sumitomo Mitsui Banking Corp. (SMBC), SMBC Nikko Securities America, Inc., SMBC Capital Markets, Inc., SMBC Rail Services LLC, Manufacturers Bank, JRI America, Inc., SMBC Leasing and Finance, Inc., Banco Sumitomo Mitsui Brasileiro S.A., and Sumitomo Mitsui Finance and Leasing Co., Ltd.

The anticipated salary range for this role is between $154,000.00 and $235,000.00. The specific salary offered to an applicant will be based on their individual qualifications, experiences, and an analysis of the current compensation paid in their geography and the market for similar roles at the time of hire. The role may also be eligible for an annual discretionary incentive award. In addition to cash compensation, SMBC offers a competitive portfolio of benefits to its employees.

Role Description

We are looking to hire a new Front Office Business Manager at the Director level for the Global Markets business. The successful hire will:

  • Lead and oversee Front Office projects and strategic initiatives to drive change and implement business priorities

  • Support Front Office management by producing management presentations detailing business performance and strategic initiatives

  • Partner with business unit leadership to develop timely, accurate, and insightful analyses, metrics, and forecasts to support strategic decision making

  • Prepare materials to deliver business unit message to Front Office management and Sales and Trading Leadership supporting growth initiatives

  • Lead the preparation of detailed budgets and forecasts

  • Provide business management and project management support and front office oversight of the Libor transition project; capital, margin, collateral, and optimization initiatives; and Front Office management tools and development

Role Objectives

  • Provide recommendations to management to drive business results and achieve financial goals

  • Lead work streams, and contribute to projects, that deliver front office efficiencies

  • Prepare and deliver compelling and visually effective financial presentations

  • Track and analyze the business unit’s competitive position in deal volumes, market share and fees using industry standard tools and internal / external data

  • Perform ad hoc analysis and presentation based on current trends and initiatives for each department of the Front Office

  • Interact directly with bankers on performance metrics and pipeline

  • Analyze client and industry profitability and competitor analyses

  • Deliver weekly, monthly, and quarterly performance metrics to business unit leadership

Qualifications and Skills

  • Undergraduate degree in Finance, Business Administration, or related fields

  • Seven or more years of experience preferably in derivative sales or front office

  • Experience in data analysis, production of reporting materials, and strong presentation and PowerPoint skills

  • Strong organizational, oral, and written communication skills, with ability to communicate effectively with all levels of risk, support, and business partners

  • Proficiency with Word, Excel, and PowerPoint, along with ability to quickly learn new programs and applications

Additional Requirements

D&I Commitment

Responsible for fostering a culture of diversity and inclusion, holding leaders accountable for creating an inclusive environment through awareness and practice of equity in recruiting, developing, and promoting diverse talent.

SMBC’s 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.

We are an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, disability status, protected veteran status or any other characteristic protected by law. SMBC provides reasonable accommodations for employees and applicants with disabilities consistent with applicable law. If you need a reasonable accommodation during the application process, please let us know at accommodations@smbcgroup.com.

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