What are the responsibilities and job description for the Technology/Data Transformation Oversight - Vice President position at Sumitomo Mitsui Banking Corporation?
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 $122,000.00 and $175,000.00. 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
The VP, Transformation Governance & Oversight - Review & Challenge for Technology/Data will serve as a business partner to project teams that lead SMBC Americas Division Transformation Initiatives. The candidate will build and maintain effective relationships with key transformation partners, incl. Executive Sponsors, Business Owners, Project Managers, and support teams incl. Technology and Data Management to gain insights about change projects, advise on execution best practices, and assist in producing executive level updates, metrics, and management insights related to the delivery of projects. The candidate has demonstrated experience with change and project governance and project management standards development as a member of a Project Management Office (PMO) or Transformation Governance & Oversight (TGO). Additionally, the candidate has previous experience delivering change projects as an individual contributor or team leader. The candidate is results-oriented with the gravitas to build and maintain effective cross-functional relationships, effective in using negotiations and influencing tactics, can effectively advise on project execution risks and issues, and successfully drives best practices adoption. Reports to: Americas Strategy & Transformation Department, Transformation Governance & Oversight.
Role Objectives: Delivery
- Participate as an advisor and liaison in transformation governance meetings and project working groups to provide advice and look holistically across projects, including regulatory remediation, target operating model implementation, and strategic change initiatives
- Become familiar with a business area’s universe of transformation and remediation projects and pipeline of future projects under consideration
- Consult project teams in design and execution of project’s delivery approach, incl. project structures, project governance, project roadmaps, and project plans to deliver the target state
- Advise on the creation and retention of all key project documentation and deliverables and ensure that change management best practices are applied across portfolios of supported transformation projects to ensure that design effectiveness, operational effectiveness, and operational sustainability are delivered
- Lead assessments and conduct review and challenge activities in a matrixed environment through influencing and by providing advice for project plans, ensuring cross-project risks and dependencies are identified, communicated, and resolved, while maintaining a view into wider regional implications
- Encourage and support periodic reviews of the business project portfolio to build an aggregated understanding of dependencies, delivery risks, and cross-functional impacts
- Conduct reviews to ensure projects are added to the project reporting system and continuously updated with relevant, accurate, and timely data suitable for a senior management audience
- Assist in developing project artefacts including project charters, business cases, governance materials, etc. to ensure effective governance and delivery of projects
- Partner with other team members in Strategy & Transformation to drive continuous alignment and advance the adoption of best practices
- Collaborate on developing and enhancing project, program, and portfolio management standards, templates, and best practices, as well as controls and metrics reporting approaches
Qualifications and Skills
- Previous or current responsibility for project or change governance in a PMO/TMO in a large, diversified financial institution, or experience as a PMO/TMO consultant
- Previous hands-on delivery experience as Project/Program Manager
- Skilled in engaging with senior management and building and maintaining relationships with delivery partners across functions
- Knowledge of commercial investment banking organizational structures, regulatory frameworks, product offerings, financial operations and planning, human capital strategy
- Expert ability to create robust project management and governance structures to support delivery of complex transformation efforts
- Highly developed sense of initiative-taking, accountability, and follow-through with an ability to effectively prioritize multiple tasks and goals
- Excellent relationship management, collaboration and influencing skills
- Expert knowledge of Change Management, Project Management, and continuous process improvement practices
- Demonstrated experience with defining and implementing project/change management, governance, or reporting standards and procedures
- Leadership, communication (verbal and written), and strategy-development ability, inclusive of conflict resolution and project management abilities
- Knowledge of Risk and Control processes and Process and Control design principles, including process mapping and process reengineering
- 5 years of experience in a leadership role in Project Management, Change Management, or a closely related area at a financial institution or management consultancy
- Required: BA or BS
- Project Management or related certification 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.
SMBC provides reasonable accommodations during candidacy for applicants with disabilities consistent with applicable federal, state, and local law. If you need a reasonable accommodation during the application process, please let us know at accommodations@smbcgroup.com.
Salary : $122,000 - $175,000
