What are the responsibilities and job description for the CUSO Treasury Operations Associate position at SMBC Group?
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 MANUBANK, JRI America, Inc., SMBC Leasing and Finance, Inc., Banco Sumitomo Mitsui Brasileiro S.A., and Sumitomo Mitsui Finance and Leasing Co., Ltd.
Role Description
This role provides hands-on analytical and operational support for Funds Transfer Pricing (FTP), Interest Rate Risk (IRR), Cashflow Forecasting (CFF), and aligned liquidity metrics within the Quantitative Risk Management (QRM) platform. The position is responsible for executing and overseeing key Treasury production processes, performing detailed analytical validation of outputs, and supporting control frameworks, process enhancements, and regulatory deliverables. The role requires a candidate who can independently manage and run production processes, ensure accuracy under tight timelines, and proactively identify and resolve issues while working closely with cross-functional teams.
Role Objectives: Delivery
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. Hybrid work may not be permitted for certain roles, including, for example, certain FINRA-registered roles for which in-office attendance for the entire workweek is required.
SMBC provides reasonable accommodations during candidacy for applicants with disabilities consistent with applicable federal, state, and local law. If you need a reasonable accommodation during the application process, please let us know at accommodations@smbcgroup.com.
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 MANUBANK, JRI America, Inc., SMBC Leasing and Finance, Inc., Banco Sumitomo Mitsui Brasileiro S.A., and Sumitomo Mitsui Finance and Leasing Co., Ltd.
Role Description
This role provides hands-on analytical and operational support for Funds Transfer Pricing (FTP), Interest Rate Risk (IRR), Cashflow Forecasting (CFF), and aligned liquidity metrics within the Quantitative Risk Management (QRM) platform. The position is responsible for executing and overseeing key Treasury production processes, performing detailed analytical validation of outputs, and supporting control frameworks, process enhancements, and regulatory deliverables. The role requires a candidate who can independently manage and run production processes, ensure accuracy under tight timelines, and proactively identify and resolve issues while working closely with cross-functional teams.
Role Objectives: Delivery
- Execute and oversee end-to-end QRM production processes (FTP, CFF, IRR) across NY Branch, Cayman, and Nikko, including job monitoring, data loads, validation checks, and BAU release testing to deliver complete, accurate, and timely outputs.
- Perform detailed validation of Treasury outputs through reconciliations, variance analysis, and investigation of breaks; identify root causes and implement solutions to prevent recurrence.
- Maintain strong process discipline through clear documentation, control evidence, and consistent adherence to established procedures.
- Identify opportunities to improve processes and efficiency, including development of automation and enhancements using Python, SQL, and Excel.
- Take accountability for resolving production issues, including coordinating across teams to ensure timely closure and minimal impact to downstream deliverables.
- Partner with Treasury, Finance, Risk, Liquidity, Modeling, and Technology teams to ensure alignment on data, assumptions, and outputs supporting FTP, IRR, and cashflow forecasting processes.
- Communicate clearly and effectively with stakeholders, including providing updates, explaining drivers of results, highlighting key drivers and escalating issues with appropriate context and impact.
- Collaborate across teams to resolve data and system issues, improve data flows, and support stability of QRM production processes.
- Contribute to team effectiveness through cross-training, documentation updates, and support of production changes or releases.
- Develop a strong working understanding of FTP, IRRBB, CFF, and liquidity processes, including how inputs, assumptions and outputs interact with Treasury reporting.
- Independently manage QRM production flows, including data inputs, model execution, output validation, and troubleshooting as well as reconciliations, control checks, and audit expectations relevant to Treasury production processes.
- Analyze variances and production issues, identify root causes, and assess impacts across related processes, entities, and reporting outputs.
- Drive cross functional coordination on key upstream and downstream dependencies (e.g., GLTB, forecasting inputs, reporting outputs) and their impact on Treasury deliverables.
- Apply control and reconciliation knowledge to ensure outputs are accurate, well-supported, and aligned with audit expectations.
- Own and contribute to improving documentation, controls, and workflows over time to support consistency and reliability in production.
- 2–5 years in Treasury Operations, ALM, FTP, Liquidity, Risk, or related roles.Bachelor’s degree in finance, Economics, Accounting, Engineering, or similar field.
- Preferred Technical Skills: Strong Excel, working knowledge of Python and SQL, experience with QRM or similar ALM / Treasury platforms.
- Strong understanding of Treasury FTP, liquidity, and interest rate risk concepts.
- Strong analytical and problem-solving skills, including reconciliation, variance analysis, and root cause investigation.
- Ability to operate independently in a control-driven, time-sensitive environment and clearly communicate analysis, issues, and impacts to cross-functional stakeholders.
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. Hybrid work may not be permitted for certain roles, including, for example, certain FINRA-registered roles for which in-office attendance for the entire workweek is required.
SMBC provides reasonable accommodations during candidacy for applicants with disabilities consistent with applicable federal, state, and local law. If you need a reasonable accommodation during the application process, please let us know at accommodations@smbcgroup.com.