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 $146,000.00 and $160,000.00. 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.

QUALIFICATIONS AND SKILLS

• 5-7+ years of working experience in the banking industry in Capital Management. Past experience in Balance Sheet Optimization is a huge plus
• Knowledge of Basel rules and detailed understanding of evolving regulatory capital requirements and guidance
• Bachelor’s degree in Finance, Accounting, Engineering or related field
• Must have excellent verbal and written communication skills and ability to create senior management presentations

ADDITIONAL REQUIREMENTS

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

ROLE DESCRIPTION

Seeking a Vice President for the Capital Management Function to support various CUSO Treasury’s Balance Sheet Optimization initiatives.
Initiatives will span numerous areas including: (i) Monitoring various on and off-balance sheet sources and uses of capital to monitor costs and identify areas for optimization; (ii) Producing and monitoring various Balance Sheet Management metrics; (iii) Working closely with Finance, Business and Regional partners to determine, plan and implement strategic initiatives; and (iv) Performing various ad hoc, balance sheet optimization analytics.
This position involves cross-functional interaction and collaboration across teams within Treasury and the broader firm, including but not limited to Regulatory Reporting, Financial Controllers, and Finance Change Management. The ability to assimilate knowledge, work efficiently, and communicate effectively across these functions will be key to success.

RESPONSIBILITIES

• Perform various BAU processes and ad-hoc analyses to support capital planning initiatives, including Balance Sheet forecasting, monitoring key metrics, evaluating new products and participating in balance sheet optimization initiatives
• Participate in key areas of capital planning, including Capital Stress Testing, Capital Allocation & Forecasting, development of Capital monitoring framework and Internal capital targets and triggers
• Perform Risk Weighted Asset (RWA) analytics and participate in interpretations of regulatory requirements for capital elements
• Maintain an understanding of SMBC’s regulatory capital and funding processes and anticipated future regulatory rule changes
• Participate in the development of Capital Management systems and processes