Location Strategy Associate

3 weeks ago

Jersey City, United States Sumitomo Mitsui Banking Corporation Full time $92,000 - $140,000

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 $92,000.00 and $140,000.00. 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

Participate in the functional planning and analysis on locational transition planning as part of a multilocation strategy for the Americas Division Focus will be to support and create analytics on financial costs and savings project status reporting and creation of artefacts for training policy and procedures Partnering with the team to track and define status updates coordinate meetings minutes and store all documentation and iterations of financial reporting for auditable changes Design holistic project plans and implementation roadmaps covering due diligence execution and golive support.

Role Objectives
  • Manage endtoend delivery across a multidimensional program in partnership with various teams internally and cross region on the reporting and tracking of the multilocation strategic efforts inclusive of status accomplishments issues and financial impacts
  • Coordinate with program stakeholders to obtain information for reporting on scope timing resource requirements and deliverables Utilize and maintain standardized templates and communication channels to drive transparency and consistency across program effort
  • Monitor and follow up on stakeholder requests throughout the life of the program and assess outcomes to ensure completeness Modify program plan andor timelines as necessary in coordination with the Transition Leads and inputs of other Project Managers Reexamine financial impacts to timing and or scope changes and report accordingly
  • Propose change escalate issues and strive for continuous improvement
  • Provide ongoing reporting and analytics on performance cost and delivery and document approvals
  • Form strong partnerships with internal partners and business stakeholders across the enterprise
  • Promote coordination of required information to create reporting and senior level information presentations on the status of various projects inclusive of Steer Co material Board and Regulatory updates
  • Ensure program workstreams are in alignment and are aware of the status of all program objectives
  • Partner with team to inform program delivery and objectives Share expected outcomes and impact assessments for their review and approval
  • Cultivate and maintain internal network of subject matter experts to advise on questions and contribute to program delivery as required Align with program management teams in other regions or business verticals to share best practice and collaborate on crossdivisional or crossregional initiatives as appropriate
  • Demonstrate strong experience in coordination of senior level reporting project management skills data analytics attention to detail and coordination of information from multiple workstreams to ensure timely and accurate reporting of information and financial impacts across the platform
  • Leverage and demonstrate excellent organizational skills and the ability to conform to change
  • Employ communication skills to articulate a clear view of the program deliverables for varying stakeholder groups including business leadership process owners and infrastructure partners
  • Continuously solicit feedback and insights from subject matter experts to inform improvements to program plans
  • Engage Six Sigma lean andor agile techniques as appropriate
Qualifications and Skills

  • Project Management experience in a financial firm

  • Project Management Skills Excel Project PowerPoint Financial Forecasting Communications skills are a must

  • Location Strategy experience is a plus

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. 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.

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