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Planning & Execution Associate

4 months ago

Jersey City, United States Sumitomo Mitsui Banking Corporation Full time

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 $82,000.00 and $112,000.00. 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**:
As a member of SMBC America’s Sourcing & Procurement team, which sits within the Finance organization, the Associate, Planning & Execution will have diverse responsibilities for supporting end-to-end delivery of strategic planning efforts. These responsibilities will include supporting project management for key initiatives, delivering change management efforts in collaboration with Business partners and other stakeholders, and delivering a range of ongoing status reporting within the Bank, leveraging standardized templates and communication channels.

**Role Objectives**:
Key responsibilities will include, but not be limited to, the following:

- Supporting delivery of strategic planning efforts
- Supporting project management for key Sourcing & Procurement initiatives
- Delivering change management efforts in collaboration with Business partners and other stakeholders
- Coordinating the Sourcing & Procurement environmental, social, and governance (ESG) efforts - including supplier diversity
- Delivering a range of ongoing status reporting within the Bank leveraging standardized templates and communication channels.
- Work with key business stakeholders, technology teams, and other procurement partners to gather requirements, assess current state and future state processes, perform gap analyses, and thoroughly document business requirements
- Support appropriate planning, training, and stakeholder engagement to facilitate effective adoption of new processes, procedures, operational tools, and/or technology while driving continuous improvement
- Support the preparation of strategic business analyses, including preparing presentations and reporting materials for senior management
- Support other Sourcing & Procurement priorities, as needed

**Qualifications and Skills**:

- Sourcing & Procurement knowledge and experience strongly preferred
- Banking/Finance industry experience preferred
- Corporate planning, execution, and change management experience
- Experience supporting and improving operational processes
- Self-starter who demonstrates initiative and the ability to learn quickly to work independently to complete tasks
- Highly results-oriented with a record of successful accomplishments
- Excellent verbal and written communication skills with the ability to build trust across the organization
- Strong relationship management, collaboration, and influencing skills and ability to work successfully as part of a team
- Ability to partner and leverage resources across the team and cross-collaborate with other departments to achieve goals and deliver results
- Flexibility to respond to evolving requirements and dynamic priorities in a fast-paced work environment
- Ability to prioritize work by setting and meeting realistic deadlines, forecasting and communicating changes resulting from risks, issues, and other challenges
- Keen attention to detail, including ability to quality check own work and the work of others.
- Management consulting, strategic planning, or similar experience a plus

**Additional Requirements**: