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SMBC Vice President, Finance Resource Optimization 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 $117,000.00 and $159,000.00. 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

This position provides support to senior management and other business stakeholders for the FP&A (Financial Planning and Analysis) Team in Finance and Strategic Planning Department, Americas Division (FSPDAD), and under supervision of our Chief Financial Officer (CFO).

Scope of responsibility includes, but not limited to: system integration, architecture design, and automation for financial analysis and planning purpose. This role also focuses on providing both business and technical support through measuring, evaluating, and improving financial data analysis, planning, and forecasting processes, managing reporting of our financial results, analyzing key business drivers, and evaluating strategic initiatives. This role will contribute to major areas of the FP&A Team, which includes financial resource optimization, management and regulatory reporting, while coordinating with various stakeholders of the organization from Head Office to our bank’s back office, middle office, and front office.

Role Objectives

• Provide system integration solution for management and regulatory reporting.

• Architect and develop a strategic architecture framework for supporting and improving our daily, monthly, quarterly, and yearly reporting processes.

• Automate current EUCs management reporting through R, Python or VBA.

• Identify and leverage regulatory reporting platform to build more integrated financial resource management reporting, including ROE, NIM, PPNR, etc.

• Establish data and process architecture to support end to end reporting processes and key points of data integration across management reporting, financial reporting, and client reporting.

• Deliver frequent reporting at the aggregate regional level and granular business level to enable business management.

• Collaborate to develop forecasting processes to enable entity, business, and regional views of both local and global financial resource consumption and constraints.

• Understand data and process architecture to support end to end reporting processes and key points of data integration across management reporting, financial reporting, and client reporting.

Qualifications and Skills

• 5+ years of working experience in financial industry in Finance, Risk, or Technology departments. Regulatory reporting (CCAR, DFAST, etc.) experience highly preferred.

• Hands on experience on System Integration with Oracle Database, Tableau, and Power BI, etc.

• Proficient level of programming skills in Python, SQL Scripts, VBA, and/or R.

• Working knowledge of financial services industry (finance, banking, accounting, and business management, etc.)

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

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

• Undergraduate degree in Finance, Accounting, Mathematics, Statistics, Computer Science or related fields. MBA/CFA/FRM or other professional qualification highly preferred.

• Working experience on financial reporting, business analysis, data analysis and/or project management is preferred.

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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