Senior Business Analyst - SMBC
New York, NY 10172
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 $114,000.00 and $189,000.00. 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
SMBC is in process of leading a Digital Transformation across our Americas Division as we continue to modernize our technology, focus on our data driven approach, grow and plan for the future.
As a result of this expansion, we are seeking a Senior Business Analyst for Regulatory Reporting team. In this position you will analyze new challenges in ever changing reporting landscape and help with business analysis and specifications for various regulatory reporting initiatives. Extensive experience/ knowledge of Derivatives such as IR Swaps, FX or Equities will be required in this position.
Role Objectives
- Become an integral part of the daily Trade Reporting operations
- Analyze and document technical requirements and business/technical process workflows
- Facilitate requirements gathering and design sessions with business and technology stakeholders
- Liaise with business users to create test plans, manage testing, and track defects, enhancements, and questions
- Facilitate daily/weekly scrums, sprint planning sessions, sprint reviews, and retrospectives
- Support agile activities, including user story creation, acceptance criteria definition, product backlog grooming, and identifying key dependencies and risks
- Coordinate with client stakeholders to track milestones, deliverables, and dependencies
- Collaborate with Agile Delivery Lead on the creation of the solution roadmap and providing timely status of deliverables related to roadmap execution
- Participate in general BA work including production support and BAU enhancements of in-house business applications
Qualifications and Skills
- 5+ years in Regulatory or Compliance space
- 10+ years industry experience, preferably in Derivatives and/or Securities settings
- Strong understanding of back-office processes
- Ability and desire to perform detailed analysis, including documentation.
- Advanced SQL Query knowledge.
- Strong analytical, strategic thinking, and problem-solving skills, including a thorough understanding of how to translate business requirements into technical specifications
- Strong communication (written and oral) / presentation skills in cross-cultural business environment
- Experience with agile management and tracking tools such as JIRA preferred
- Bachelor's degree. Finance, Computer Science, or Information Systems 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.
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.