Vp, Financial Resource Optimization

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.

Role Description

Responsibility Will Cover Future-state Corporate Treasury, Specifically The Following

This position is with Financial Resource Management (FRM) and is part of U.S. Chief Financial Officer (“U.S. CFO”) organization.

• As core member of Corporate Treasury function help devise integrated funding strategy, funding flow, managing risk, and senior management reporting
• Build the capabilities in collaboration with Risk function, Operations, Technology
• Conduct current-state capability gap analysis (regulatory and peer-practice)

Role Objectives

• Develop strong partnerships with key stakeholders to understand the end-to-end process of transactions, continuously identify risks, and design solutions that mitigate them
• Compliance with the firm's code of conduct and adhere to proper controls policies and procedures which are applicable.
• Enhance CUSO FTP framework which will include target operating model, policies & procedures, governance, methodology, and implementation
• Work with Liquidity Management, Capital Management and Funding Desk to create an Integrated view of funding, risk, and balance sheet steering
• Drive execution of key strategic initiatives pertaining to Funds Transfer Pricing
• Align FTP charging mechanism to Liquidity & IRRBB framework and with firms strategy;
• Drive business engagement to timely update upcoming FTP related changes, address any deficiencies, and provide transparency to cost and benefit allocation
• Drive end-to-end implementation of FTP principles for SMBC America’s Division
• Define standard FTP management report by entity/business/product increasing transparency on BAU funding cost and contingent liquidity risk cost

Qualifications And Skills

• Outstanding analytical and problem-solving skills;
• Excellent writing skills, previous experience in drafting policies or procedures is highly preferred;
• 5+ years of working experience in financial industry in Corporate Treasury, Finance, or Risk departments – prior experience in Liquidity & Funding/ALM/Balance Sheet Management/FTP is preferred;
• Proficiency with Word, Excel, PowerPoint, along with ability to quickly learn new programs and applications;
• Bachelor’s degree in finance, accounting, mathematics, computer science or related field, Master’s degree preferred; and
• Strong attention to detail and ability to independently work across functional groups inclusive of front/middle/back-office functions;
• MBA/CFA/FRM/CPA or other professional qualification highly 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.

SMBC is an EO employer – M/F/Veteran/Disability. 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 [email protected].