IT Finance/Business Management Analyst (Vice President) - SMBC
White Plains, NY 10601
About the Job
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 $123,000.00 and $175,000.00. 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
The IT Business Analyst will join the Business & Project Management team within the Americas Information Technology organization of SMBC.
In this role the IT Business Analyst will be primarily responsible for the Business Management function in support of the Technology group and the Chief Information Officer, managing deliverables associated with the team’s implementation of workplace productivity, employee engagement, budgeting and financial forecast, expenses analysis, and representation of the Technology organization in various internal forums, including the new product and process approval group, among others. Additionally, the VP will coordinate one off specific projects and communication efforts, including project portfolio reporting to senior executives’ forums, presentations to regulators and internal senior management committees – both local and for Head Office in Tokyo, to ensure on time deliverables and prompt escalation of issues. In partnership with the Senior Technology Management team, the Business Manager collaborate with colleagues across the SMBC America’s Division (including Strategy & Transformation, Data Strategy, Procurement, and Finance among others), to deliver on ad-hoc projects and /or requirements, to execute on the Technology and SMBC agendas.
Role Objectives
• Manage budget preparation and expenses control functions within Technology, including coordinating requests for consultants, and headcount requisitions, onboarding, tracking and reporting across the CIO organization
• Work closely with Finance to analyze and produce financial reporting, articulating variances and drivers for key technology expenditures.
• Responsible for the preparation of BAU and ad-hoc senior management decks and presentations, including materials for meeting with regulators
• Creates and maintains dashboards and/or scorecards to monitor the performance of the Technology team KPIs and KRI
• Collaborate with Central PMO team on all financial related transactions for the overall IT Portfolio across the Americas division
• Collaborate with Procurement in the analysis and oversight of third-party vendor relationships and related technology expenditure.
• Partner with internal control functions including compliance, audit, risk management, HR and business continuity to address department deliverables and escalations on a continuous basis.
• Partner with transformation team on TCO (Total Cost of Ownership) implementation
• Coordinates all process improvement workstreams (ongoing and new) in relation to IT Business Management function
Qualifications and Skills
• At least 10 years of experience working in a business management capacity, in either a Financial Services institution or consultant firm.
• Advanced PowerPoint and Excel required, with knowledge of Tableau, PowerBI and Visio preferable.
• Knowledge of ServiceNow and TBM/Apptio is a plus
• Strong knowledge of technology landscape, data and the use of data in business processes.
• Strong project management abilities including multi-tasking skills and the ability to work in a fast-paced, deadline-oriented and dynamic environment.
• Skilled in conceptualizing, documenting and presenting creative solutions.
• Ability to conduct analysis as part of a project related work.
• Excellent verbal and written communication skills with ability to articulate concepts and ideas to diverse audiences.
• Able to work autonomously and be a complete self-starter.
• Must have strong work ethics and attention to details.
• Ability to deliver against tight deadlines, and to deal with changing priorities upon short notice.
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.
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 accommodations@smbcgroup.com.