What are the responsibilities and job description for the US Cash Management Liquidity Manager position at SMBC Group?
The anticipated salary range for this role is between $115,000.00 and $142,000.00. 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
Sumitomo Mitsui Banking Corporation (SMBC) is hiring for a US Cash Management Liquidity Manager position.
This role will be directly responsible for driving and growing SMBC’s US Cash Management liquidity and deposits business, overseeing all aspects of client liquidity management including client deposit gathering strategies, account structuring & solutioning and optimizing the liquidity needs of clients across time zones and geographies. Taking a client-centric approach, additional responsibilities will include developing and implementing strategies for clients to optimize cash flow, improve liquidity forecasting, and ensure bank compliance with both US and international regulatory requirements. This role will partner and collaborate closely with multiple internal teams including Sales, Corporate Banking, Treasury, Finance and Operations, as well as other various departments, to provide comprehensive cash management solutions while driving innovation in liquidity management to deliver for our clients. This role will report into the Head of Cash Management Deposits for the US.
Role Objectives : Delivery
Develop and execute a liquidity strategy to drive deposit growth, accelerate business profitability and deliver bespoke liquidity solutions for clients.
Optimize SMBC client cash flows and liquidity positions based on client input and needs.
Oversee the management of liquidity products, including sweeps, pooling, forecasting, and short-term investments.
Lead and support project teams in the design and delivery of new products and enhancements.
Analyze customer, product, and competitive data to deliver on client needs while driving increased business optimization and P&L growth.
Collaborate with corporate clients to enhance cash forecasting and liquidity management capabilities through a client-backed approach.
Optimize SMBC’s balance sheet through deep analysis and understanding of liquidity stress testing and regulatory constraints.
Partner with the US Cash Management Product Management team, along with Technology and Operations teams, as well as the US Treasury team to deliver innovative and client-backed solutions.
Closely manage financial planning ensuring goals and targets are exceeded.
Serve as subject matter expert on liquidity management and solutions.
Role Objectives : Expertise
Apply an in-depth understanding of the Transaction Banking sector, including internal and competitor offerings, to provide subject matter expertise and proactively recommend new products and services to clients that can meet their needs. Demonstrate a strong understanding of the firm's risk framework to identify and mitigate unwanted exposures. Adapt processes as required by changes to regulations or risk appetite. Use outstanding verbal and written communication skills to interface with clients, keeping messaging clear and concise. Display exceptional project management skills to facilitate coordination between multiple parties to execute on transactions and track completion of key work-items.
Qualifications and Skills
Minimum 4-7 years in liquidity management, cash management, and treasury functions, preferably within a multinational bank.
Experience in working in an agile environment with client-backed design based and modern approaches to product conception, design and delivery.
Experience working in a matrixed business organization.
Experience working with global multinational corporations and clients.
Experience in managing P&Ls.
Understanding of new technologies such as machine learning and artificial intelligence and their potential applications to cash management.
Strong understanding of liquidity products, cash management processes, and global market trends.
Expertise in liquidity accuracy, balance sheet management regulatory compliance, and liquidity stress testing.
Salary : $115,000 - $142,000
