What are the responsibilities and job description for the Treasury Operations Vice President 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.
The anticipated salary range for this role is between $130,000.00 and $170,000.00. 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.
Overview
SMBC Combined US Operations (CUSO) Treasury is seeking a dynamic leader with strong critical thinking and project management skills for a newly created Vice President role in Treasury Operations. This position offers the opportunity to spearhead the development and deployment of a Financial Aggregation tool to support SMBC’s Comprehensive Capital Analysis and Review (CCAR) forecasting processes, while building out a Financial Resource Management (FRM) framework to optimize business decisions. You will collaborate across Treasury functions to automate processes and expand capabilities in response to regulatory requirements and new product introductions.
Role Objectives
Qualifications and Skills
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.
The anticipated salary range for this role is between $130,000.00 and $170,000.00. 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.
Overview
SMBC Combined US Operations (CUSO) Treasury is seeking a dynamic leader with strong critical thinking and project management skills for a newly created Vice President role in Treasury Operations. This position offers the opportunity to spearhead the development and deployment of a Financial Aggregation tool to support SMBC’s Comprehensive Capital Analysis and Review (CCAR) forecasting processes, while building out a Financial Resource Management (FRM) framework to optimize business decisions. You will collaborate across Treasury functions to automate processes and expand capabilities in response to regulatory requirements and new product introductions.
Role Objectives
- Partner with Treasury, FP&A, Strategy & Transformation, and Risk teams to define requirements for a Financial Aggregation tool supporting CCAR compliance.
- Lead the Financial Aggregation workstream for CCAR, establishing operational processes with robust controls.
- Develop a prototype tool, define technology requirements, and secure budget for full-scale development.
- Serve as business owner for the tool, driving collaboration with Technology for successful deployment.
- Design and implement a conceptual framework and tactical plan for Financial Resource Management (FRM).
- Work closely with ALM/FTP, Liquidity Management, and Capital Management teams to refine methodologies and automate processes in QRM, expanding capabilities to meet regulatory and product-driven needs.
Qualifications and Skills
- Minimum 5 years of Finance or Technology experience, including experience modeling or managing complex financial products.
- Bachelor’s or advanced degree in a quantitative or relevant field.Prior experience in CCAR or FRM.
- Excellent written and verbal communication skills.
- Strong capability to collaborate with multiple teams to deliver complex products.
- Ability to manage multiple priorities and deliver results on time under limited supervision and direction.
- Prior experience in Liquidity Coverage Ratio (LCR), Net Stable Funding Ratio (NSFR), Internal Liquidity Stress Testing (ILST), or Funds Transfer Pricing (FTP).
- Demonstrated experience leading technology development in a large organization.
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.
Salary : $130,000 - $170,000