Jobs
>
New York City

    Associate, Balance Sheet and Capital Management - New York, United States - Sumitomo Mitsui Banking Corporation

    Sumitomo Mitsui Banking Corporation
    Sumitomo Mitsui Banking Corporation New York, United States

    1 day ago

    Default job background
    Description
    Associate, Balance Sheet and Capital Management


    Job Level:
    Associate


    Job Function:
    Corporate Strategy


    Location:
    New York, NY, US, 10172


    Employment Type:
    Full Time

    Requisition ID: 2719

    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 $75,000.00 and $124, 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


    Role Description:
    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.


    Role Objectives:

    • Integrate balance sheet capital management and forecasting methodologies within the AD CFO/CUSO Treasury organization.
    • Explore data back-testing on various portfolio segments to determine whether additional segmentation variables enhance risk separation and discrimination.
    • Update relevant policies relating to either treasury fields such as capital management policy, capital distribution framework, and PPNR models.
    • Track changes and updates for broader project management initiatives by working with key stakeholders and elevate material items to senior leadership.
    • Develop and administer new work streams as needed throughout the project lifecycle for various functions within the capital stress testing process, group policies and procedures, and other treasury functions.
    • Assessment of the above across the continuum of budget, stress, and resolution forecast scenarios
    Qualifications and Skills


    Key Competencies:

    • Partnership and

    Collaboration Skills:
    Strong communication skills required to negotiate internally.

    Strong ability to influence without authority to guide and convince others, including members of own team and colleagues in other areas of the bank.


    • Experience in CCAR and/or Resolution Planning modeling and required documentation: Ability to recognize and apply industry best practice while pragmatically leveraging existing internal resources and vendor platforms.
    • Communication: Produce senior management ready reoccurring and ad-hoc packages for CUSO Treasurer, U.S. CFO and other key stakeholders inclusive of financial results, peer comparisons, what-if analysis with regards to new initiatives and/or new business.
    • Project Management: Ability to maintain administrative workflows to support the ongoing needs of various initiatives for the broader team on a regular basis.
    • Data as a Change-Agent: Use data to support conclusions and craft rationale for modeling changes and document to SR 12-7 and SR 15-19 standards.
    • Forecasting: Collaborate to develop forecasting processes to enable entity, business, and regional views of both local and global financial resource consumption and constraints.

    Qualifications and Skills:

    • 3+ years of working experience in financial industry in Finance, Treasury, or Risk departments - prior experience in CCAR/DFAST.
    • 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.
    • Manage multiple initiatives simultaneously and plan/prioritize appropriately.
    • Lead and drive initiatives through creative thinking and pragmatism.
    • Strong analytical and problem-solving skills.
    • Proficiency with Word, Excel, PowerPoint, Power BI
    • Manage multiple initiatives simultaneously and plan/prioritize appropriately.
    • Strong writing skills, previous experience in drafting corporate policies.

    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.

    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

    Nearest Major Market:
    New York City
  • Scotiabank

    Manager, Capital Reporting and Management

    2 weeks ago

    Scotiabank New York, United States

    What You'll Do · Undertake on-going analysis of the CUSO balance sheet to review and proactively seek out new strategies to reduce RWA. Providing responses and recommendations to questions / issues raised by senior executive management and regulators as needed. · Assist in develo ...

  • Randstad

    capital projects manager

    1 week ago

    Randstad New York, United States

    capital projects manager. · new york , new york · posted today · job details · summary · $60 - $70 per hour · temp to perm · no requirements · category computer and mathematical occupations · reference · job details · job summary: · A luxury coffee brand is seeking a ...

  • Randstad

    capital projects manager

    1 week ago

    Randstad New York, United States

    capital projects manager. · new york , new york · posted 1 day ago · job details · summary · $60 - $70 per hour · temp to perm · no requirements · category computer and mathematical occupations · reference · job details · job summary: · A luxury coffee brand is seekin ...

  • Dexian

    Capital Market Project Manager

    3 weeks ago

    Dexian New York, United States

    Job Title: Capital Market Project Manager – FRTB · Duration: 1 year with possible extension as well as conversion · Location: New York City, NY (hybrid, 3 Days in Office) · Pay Rate: $85-90/hr. · Must have strong PM background and 8+ years in capital markets · Market risk/cre ...

  • Citi

    Head of Capital Planning and Management

    3 weeks ago

    Citi New York, United States Full time

    Head of Capital Management is an enterprise Strategic role for Citigroup, owning the enterprise-wide capital planning and management processes for the group, and its legal entities. This important leadership position is a key member the enterprise's Strategic Planning capability. ...

  • Scotiabank

    Manager, Capital Reporting and Management

    1 week ago

    Scotiabank New York, United States

    Requisition ID: · Salary Range: 85, ,100.00 · Please note that the Salary Range shown is a guideline only. Salary offered may vary based on factors, including, but not limited to, the successful candidate's relevant knowledge, skills, and experience. · Join a purpose driven wi ...

  • Squarepoint Capital

    Venture Capital Fundraising Manager

    2 weeks ago

    Squarepoint Capital New York, United States

    Squarepoint is a global investment management firm that utilizes a diversified portfolio of systematic and discretionary strategies across public and private financial markets to achieve high quality, uncorrelated returns for our clients. We have deep expertise in trading, techno ...

  • Citigroup Inc.

    Head of Capital Planning and Management

    1 week ago

    Citigroup Inc. New York, United States

    Head of Capital Management is an enterprise Strategic role for Citigroup, owning the enterprise-wide capital planning and management processes for the group, and its legal entities. This important leadership position is a key member the enterprise's Strategic Planning capability. ...

  • Geller & Company, LLC

    Manager, Human Capital Generalist

    2 weeks ago

    Geller & Company, LLC New York, United States

    Founded in 1984, Geller & Company provides strategic financial, tax, and consulting services to individuals and companies who rely on our firm for independent and cross-disciplinary advice. Headquartered in Manhattan, Geller & Company employs more than 300 professionals to help s ...

  • Citigroup Inc

    Head of Capital Planning and Management

    2 weeks ago

    Citigroup Inc New York, United States

    Head of Capital Management is an enterprise Strategic role for Citigroup, owning the enterprise-wide capital planning and management processes for the group, and its legal entities. This important leadership position is a key member the enterprises Strategic Planning capability. ...

  • The Metropolitan Museum of Art

    Project Manager, Capital Projects

    2 days ago

    The Metropolitan Museum of Art New York, United States

    ABOUT THE DEPARTMENT: · The Capital Projects department leads the planning, design, and construction of the institutions edifice, spanning galleries, infrastructure, workspaces, and general public realm. Projects range from the 65,000SF renovation of the Michael C Rockefeller w ...

  • Citigroup Inc.

    Head of Capital Planning and Management

    1 week ago

    Citigroup Inc. New York, United States

    Contributes to the design, roll-out and governance of capital management and the overall CFO Treasury organization globally. Participates in formulating and setting strategic direction for the process, organization and architecture from the perspecti Management, Planning, Busines ...

  • The New York Climate Exchange

    Associate Capital Project Manager

    3 weeks ago

    The New York Climate Exchange New York, United States

    Job Description · Job DescriptionThe New York Climate Exchange (The Exchange) is a new not-for-profit climate solutions center designed to build community, foster collaboration, advance climate knowledge, and empower marginalized communities through cross-disciplinary networking, ...

  • FE International LTD

    Venture Capital Operations Manager

    3 weeks ago

    FE International LTD New York, United States

    Funden is the leading fundraising platform connecting founders to capital. Founders use our tools and strategic guidance for quicker, more effective fundraises. Investors use us to receive curated, quality deal flow and broadcast co-investment opportunities to our audience of 850 ...

  • The PNC Financial Services Group, Inc

    Capital Markets Managing Director

    2 weeks ago

    The PNC Financial Services Group, Inc New York, United States

    Position Overview · At PNC, our people are our greatest differentiator and competitive advantage in the markets we serve. We are all united in delivering the best experience for our customers. We work together each day to foster an inclusive workplace culture where all of our em ...

  • PNC

    Capital Markets Managing Director

    3 weeks ago

    PNC New York, United States Full time

    Position Overview · At PNC, our people are our greatest differentiator and competitive advantage in the markets we serve. We are all united in delivering the best experience for our customers. We work together each day to foster an inclusive workplace culture where all of our emp ...

  • Bank of America

    Audit Supervisor Capital Management and Enterprise Capital Stress Testing

    1 week ago

    Bank of America New York, United States

    Audit Supervisor Capital Management and Enterprise Capital Stress Testing · Charlotte, North Carolina;Atlanta, Georgia; Dallas, Texas; Boston, Massachusetts; Wilmington, Delaware; New York, New York · **Job Description:** · At Bank of America, we are guided by a common purpose ...

  • Citigroup

    Rates Capital Manager

    2 weeks ago

    Citigroup New York, NY, United States

    Seeking an senior expert in capital to lead optimization of tangible common equity for the Global Rates business. The candidate would be working closely with Rates XVA, Sales and Trading teams to direct the deployment capital and find opportunities to improve efficiency of capita ...

  • Sumitomo Mitsui Banking Corporation

    Analyst, Balance Sheet and Capital Management

    2 weeks ago

    Sumitomo Mitsui Banking Corporation New York, United States

    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 ...

  • Argo Group

    Head of Capital Management

    4 weeks ago

    Argo Group New York, United States Full time

    Argo Group is a leader in specialty insurance with a vibrant culture built on respect, equality, wellness and opportunity. We're an innovative organization that's small enough to be agile and big enough to make a difference in our industry. · Our flexible workplace is continuous ...