Business Analysis - Vice President

Sumitomo Mitsui Banking Corporation (SMBC)
remote work
United States, New Jersey, Jersey City
Dec 20, 2024
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 $92,000.00and $170,000.00. 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. Overview SMBC is seeking a Vice President position to work in the Accounting Management Department under Chief Accounting Officer located in Jersey City, NJ. This Vice President will help to initiate, plan, execute, monitor, and close large-scale projects and audit related supports across the Legal Entity Controllers, Regulatory Reporting, and Product Control areas by providing business analysis role, driving defined projects/workstreams; serving as a supporting personnel to the key primary contact and working closely with key business and technical stakeholders to identify and monitor project requirements, activities, milestones, and deliverables. This Vice President will have a strong desire to build and maintain relationships across SMBC along with exemplifying strong written/verbal communication, problem solving skills, and critical thinking. Responsibilities Ability to develop and maintain Project Plans and Project Documents (e.g., Project Charter, Stakeholder Register, Issue Log) in accordance with the Project Life Cycle (i.e., Initiation, Planning, Executing, Monitoring & Controlling, & Closing) for the Controllers Group, Regulatory Reporting, and Product Control teams. Coordinate and consolidate workstream status reports, track workstream schedules and milestones, risks, issues, and observations that needs management's attention within a program/project. Ability to create and maintain budget and resource plans for project execution and fiscal year planning. Conduct periodic meetings (e.g., daily, weekly, and monthly basis) for the Controllers Group, Regulatory Reporting, and Product Control teams. Coordination with external and internal auditors for the audit related activities. Coordination and negotiation with external consulting firms and vendors. Prepare and edit Weekly Project Status Reporting materials including concise and clear visual artifacts to support management understanding. Track cross-workstream dependencies, milestones, and serve as the facilitator and note taker of cross-workstream meetings and other project related meetings with relevant stakeholders. Assist with the creation and management of the project management plan. Ability to identify, escalate, and mitigate project issues and risks across workstreams and projects. Provide oversight for project management artifacts, such as project plans, project charters, business cases, and status reports. Understand the challenges/issues/goals that business departments are facing and swiftly consider appropriate solutions. Draft, review, and edit business requirement documents by gathering and analyzing business user requirements from key stakeholders. Draft test plans to perform and conduct Quality Assurance / User Acceptance Testing. Coordinate and support Quality Assurance / User Acceptance Testing calls including overview and test execution. Support the creation and maintenance of business workflows, procedure manuals, and monthly/quarterly accounting analyses. Draft and deliver training materials for end users. Qualifications Bachelor's Degree in Business, Accounting, Finance, Computer Science, Engineering, or related business fields. 5+ years ofindustry experience (i.e., financial and commercial banking industry experience highly preferred) Excellent verbal and written communication skills. Proficiency in Microsoft applications and other applications, such as Excel, Word, PowerPoint, Visio and Microsoft Project. Excellent project management skills, including the ability to work collaboratively across functional teams. PMP Certification preferred but not required. Ability to prioritize multiple tasks and work with shifting priorities. Strong analytical, problem-solving, and documentation skills. Detail oriented and well organized. Ability to work independently as well as within a group setting. Ability to balance and prioritize critical responsibilities to meet all necessary deadlines timely. 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. 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.