Financial/Vendor Manager - Technology

Sumitomo Mitsui Banking Corporation
New York, NY Full Time
POSTED ON 7/18/2024 CLOSED ON 8/28/2024

What are the responsibilities and job description for the Financial/Vendor Manager - Technology 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 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 $123,000.00 and $180,000.00. 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 Business Management IT Group is currently seeking a Business Manager. The group’s purpose is to accelerate our organization’s rate of change by working with the stakeholders to identify current practices and process, explore opportunities for improvement. The primary responsibility of the Business Manager - Technology is to work closely with the Business Managers for the Chief Information Officer ("CIO") department to help facilitate the execution of the target operating model. This role will support both the SMBC Capital Markets, Inc. ("CM") and SMBC Nikko Securities America, Inc. ("Nikko") entities.

This position is also responsible for collaborating with various stakeholders on vendor management, reporting, dashboards and senior management level presentations aligned with the book of work for the Technology organization. The individual will be expected to manage staff and work collaboratively across numerous areas/departments in an effort to help drive operational efficiencies. Key stakeholder engagement will be expected with the Front Office, Planning, Operations, Finance, Technology and Human Resources teams.

Role Objectives

  • Lead the effort to plan and streamline the current budgeting process and standardize across two entities.
  • Build a team to implement and enhance existing financial processes and align across all entities.
  • Work closely with the CIO Business Manager to consolidate the CM and Nikko financial and headcount data / information into a single representation for senior management.
  • Assist in the preparation and consolidation of monthly working papers for the CIO Business Manager for senior-level discussion
  • Produce high quality workflow diagrams, documents, presentations and dashboards for reviewing key performance indicators
  • Assist in the preparation of HR/Recruitment reports specific to Technology Organization
  • Effectively manage multiple projects/requests across the changing priorities of the various product areas and collaborate within multiple stakeholders where appropriate
  • Investigate and identify areas for improvements to the existing structure

Qualifications and Skills

  • 7 years of professional experience working in Vendor/Financial Management. Prior professional experience in Financial Services is helpful.
  • Strong organizational, oral and written communication skills with ability to communicate effectively with senior management, all levels of support and business partners
  • High level customer service mindset with a commitment to supporting key stakeholders
  • Forward thinker who seeks to improve business processes that deliver better services. Ability to creatively identify opportunities for process improvements
  • Proficiency with Word, Excel and PowerPoint, along with ability to quickly learn new programs and applications
  • Education required: BA/BS, Undergraduate degree in Finance, Business Administration or related fields.

Additional Requirements

D&I Commitment

Responsible for fostering a culture of diversity and inclusion, holding leaders accountable for creating an inclusive environment through awareness and practice of equity in recruiting, developing, and promoting diverse talent.

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 accommodations@smbcgroup.com.

Salary : $123,000 - $180,000

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