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 $180,000.00and $220,105.00. 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.
The Balance Sheet and Capital Management Function manages the U.S. capital position of SMBC Americas Holding and its major subsidiaries. This function provides support to senior management and other business stakeholders in the Strategic Planning Department, Americas Division ("SPDAD)". U.S. Treasury reports directly to the U.S. Chief Financial Officer ("U.S. CFO").
The function is responsible for a comprehensive capital management framework that incorporates setting targets, monitoring/managing current capital levels, and performing SMBC AH testing in partnership with risk management department, head-office stakeholders, and key front office personnel. Additionally, the balance sheet and capital management team is responsible for ensuring an effective and efficient use of SMBC U.S. Operations balance sheet with a goal of improving return on capital measures for the Americas Division.
Hybrid Arrangement:
The role requires a hybrid work arrangement with a current expectation of three days in-office per week (T-Th), subject to change in accordance with organizational needs.
Summary:
The Balance Sheet and Capital Management Function seeks a quantitatively oriented individual for the position of Director, Balance Sheet and Capital Management. The candidate will support SMFG's capital management function and lead in supporting and enhancing U.S. Treasury's Capital Stress Testing. Projects will span numerous areas including (i) developing and enhancing, the income statement and balance sheet forecast models, (ii) liaising with internal stakeholders to manage and access the modeling platforms and data especially within quantitative research management (QRM) asset and liability management (ALM) platform, (iii) developing related methodology and models required for resolution capital adequacy and positions (RCAP) and Resolution Capital Execution Need (RCEN), (iv) comfort in developing institutional treasury policies with excellent writing skills, and (v) general and ad-hoc tasks associated with managing the bank's capital position.
Key benefits include development of specialized capital knowledge, experience in developing and executing complex analytical processes, exposure to senior leadership, ability to lead a small team, and working in a rewarding, creative, and dynamic environment.
Responsibilities:
Key Competencies:
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.