Executive Director, Balance Sheet and Capital Management

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.

The anticipated salary range for this role is between $156,000.00 and $188,000.00. 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

Executive Director, Balance Sheet and Capital Management

Hybrid Arrangement:

The role requires a hybrid work arrangement with a current expectation of two to three days in-office per week (T-Th), subject to change in accordance with organizational needs

Balance Sheet Strategy:

Balance Sheet Strategy, a subset of Financial Resources Management (FRM) focuses on comprehensive management of capital, liquidity, ALM and balance sheet management, a key area of focus in the banking sector which significantly determines the firm's future competitiveness.

This function provides support to senior management and other business stakeholders in the Corporate Treasury Department Americas Division ("CTDAD"), which reports directly to the U.S. Chief Financial Officer ("U.S. CFO"). Corporate Treasury governs the asset / liability management ("ALM"), capital, liquidity, and funding capabilities of the CUSO ("Combined U.S. Operations") region.

Primary areas of focus within CTDAD include development of capital, liquidity and ALM capabilities; execution of strategies geared towards optimizing financial resource efficiencies; and collaboration across risk management, head office, and key front office stakeholders to improve and centralize Treasury processes. Additionally, the function is responsible for ensuring effective and efficient use of the SMBC CUSO balance sheet by improving liquidity, capital, and structural positions.

Summary:

CTDAD seeks a qualitatively and quantitatively oriented individual for the position of Balance Sheet Strategy Executive Director, Capital Management. As a member of the CUSO Treasury organization, the Balance Sheet Strategy Executive Director will be responsible for leading and steering the development of products and initiatives that will enhance capital, liquidity, ALM and funding capabilities and coordinating across different projects to drive strategic execution.

The candidate will report into the CUSO Treasury Capital Management team, Strategic Initiatives. Projects will span numerous areas across Treasury disciplines, including: (i) developing and enhancing balance sheet, capital, liquidity, ALM forecasting methodologies; (ii) liaising with internal stakeholders to manage and improve processes / capabilities within CUSO Treasury; (iii) developing institutional Treasury policies; and (iv) leading general and ad-hoc workstreams relating to improving the CUSO balance sheet and financial resource utilization.

This position involves cross-functional interaction and coordination across teams within Treasury and the broader firm, including but not limited to Liquidity Management, Asset Liability Management, Regulatory Reporting, Financial Controllers, and Finance Change Management. The ability to assimilate knowledge, work efficiently, communicate effectively, and influence across various disciplines will be key to success.

Key benefits include development of specialized capital, ALM, liquidity knowledge; experience in building and executing complex analytical processes; exposure to senior leadership; ability to effectively lead and manage a diverse team; and the opportunity to work in a rewarding, creative, and dynamic environment.

Role Objectives: Delivery

Responsibilities:

• Innovate, execute and manage financial resource optimization strategies within the CUSO Treasury organization, by leveraging knowledge of capital, liquidity and asset / liability management;

• Develop and spearhead new initiatives for balance sheet and capital management as needed throughout the project lifecycle for various functions within CUSO Treasury, and communicate key findings, conclusions, and recommendations to senior leadership;

• Generate and maintain routine and ad-hoc workstreams within the Capital Management team, inclusive of booking strategy, balance sheet management, and business analytics;

• Build partnerships with key Risk, Finance, and Treasury stakeholders to foster cross-functional engagement and maintain foundational knowledge of Treasury disciplines, inclusive of capital, liquidity, funds transfer pricing, and asset / liability management;

• Monitor, summarize, challenge, and generate thought leadership related to the impact and risk associated with implementation of U.S. regulatory capital and liquidity rules (including U.S. Basel rules and the Liquidity Coverage Ratio);

• Maintain understanding of anticipated regulatory rule changes and identify mitigation strategies based on anticipated impact to the firm;

• Interpret the impact of new products, business proposals, and other initiatives to the capital, liquidity, and balance sheet position of the firm; and

• Author, review, and update relevant policies relating to Treasury fields such as the Capital Management Policy, Capital Distribution Framework, and Contingency Funding Plan.

Qualifications and Skills

Key Competencies:

• Strong technical skills: Required competencies in either ALM or Liquidity management

• Leadership and Collaboration Skills: Ability to lead, influence and convince others, including members of own team and colleagues in other areas of the bank. Outstanding management, motivation, and coaching abilities to direct reports and junior team members;

• Adaptive Interpersonal and Communication Skills: Ability to negotiate internally and work closely with stakeholders at all levels of the organization. Effective communicational skills to build relationships and networks across the firm, in person and over video;

• Learning Agility: Aptitude to assimilate broad-ranging information quickly, draw insights, execute tasks, and meet targets;

• Analytical Mindset: Demonstrated ability to understand and derive relationships across complex subject matters in order to execute sophisticated, complex analyses;

• Entrepreneurial Mindset: Ability to innovate solutions to problems through creative thinking and pragmatism;

• Organizational and Time Management Skills: Ability to manage a constantly evolving inflow of projects and plan / prioritize appropriately; and

• Adaptability to Change: Thrives on challenges in a fluid and dynamic working environment.

Qualifications

• 15+ years of working experience in financial services industry (e.g. Finance, Treasury, Quantitative Risk Management, Risk departments);

• Bachelor's degree in finance, accounting, mathematics, computer science or related field, Master's degree preferred;

• MBA/CFA/FRM/CPA or other professional qualification highly preferred;

• Knowledge of and interest in Basel III legislature as well as relevant upcoming regulatory reform; good understanding of CCAR and ILST;

• Excellent writing skills, previous experience in drafting corporate policies or procedures is highly preferred;

• Outstanding analytical and problem solving skills;

• Proficiency with Word, Excel, PowerPoint, Tableau;

• Experience in data analytics and data visualization tools is preferred; and

• Coding experience in Python, R, SPSS is nice to have but not required.

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.

We are an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, disability status, protected veteran status or any other characteristic protected by law. 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 ~~~.