Vice President, Finance Data Strategy

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 $124,000.00 and $176,000.00. 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 is a subject matter expert in the Regulatory Reporting Automation for BHC, Branch, Liquidity or Broker Dealer regulatory reports. This position will provide leadership to the team by setting the direction, defining the accountabilities and assignments, articulating goals and objectives, and monitoring and evaluating work. This position works closely with Director of Regulatory Reporting Change Management Department to ensure proper review of all work under the team’s responsibility.

Responsibilities

• Deep knowledge of Regulatory Reporting for US and foreign financial companies (including but not limited to reports such as the FRB reports, knowledge of broker-dealer reporting, liquidity reporting, etc.)
• Experience in capital markets asset classes such as deposits, cash, and other asset/liabilities, utilize the knowledge to drive the data sourcing activities
• Define regulatory reporting data requirements based on the instructions
• Drive the data gap analysis by working with multiple teams including data and source system owners
• Understand the financial product lifecycle & F2B data lineage/data flow to remediate the data gaps using tactical and strategical approach
• Drive Data Management activities with focus on data definitions, data sourcing strategies and data model preferred
• Participate in Testing and Quality Assurance (including test planning, test execution and test management)
• Participate in data quality governance, data controls and data exceptions remediation process
• Develop and maintain strong working relationships with key business/governance/data governance and IT stakeholders to identify additional areas of risk and procuring their help in solving complex issues
• Project management including multi-tasking skills and the ability to work in a fast-paced, deadline-oriented, and dynamic environment
• Ability to influence people outside the immediate span of control, negotiate and resolve conflicts, and work with business users, IT partners and vendors
• Train, supervise and review all staffs work under your responsibility
  
  

Qualifications And Skills

• 7-10 years of work experience, including system implementation, Data sourcing design, and operational improvement projects.
• 5 years of regulatory reporting experience at a financial services company or comparable experience working.
• Knowledge of securities, derivatives, and securitization transactions systems such as PRISM or Impact is a plus
• Post-graduate / Graduate degree in computer science, engineering, accounting, finance, or a related field
• Excellent communication and senior management relationship management skills
• Strategic thinking, strong analytical & problem-solving skills - excellent attention to detail
• Team player with a strong sense of ownership and accountability
  
  

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.