Top Retail Banking Product Executive jobs in Newark, NJ

Top Retail Banking Product Executive plans and directs all aspects of retail banking product development and implementation. Responsible for the overall design and marketing of products that are competitive and profitable. Being a Top Retail Banking Product Executive researches new trends and studies competitors offerings. Reviews existing products and develops enhancements. Additionally, Top Retail Banking Product Executive recommends an overall strategy for all retail products as well as for each product line. May require an advanced degree. Typically reports to top management. The Top Retail Banking Product Executive manages a departmental function within a broader corporate function. Develops major goals to support broad functional objectives. Approves policies developed within various sub-functions and departments. Comprehensive knowledge of the overall departmental function. To be a Top Retail Banking Product Executive typically requires 8+ years of managerial experience. (Copyright 2024 Salary.com)

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Head of Regulatory and Accounting Policy - Executive Director
  • Sumitomo Mitsui Banking Corporation (SMBC)
  • Jersey, NJ 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 $204,000.00and $225,000.00. 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

    SMBC is seeking the Head of Regulatory and Accounting Policy for SMBC NY Branch, SMBC Americas Holdings, Inc. and its U.S. subsidiaries (including a broker dealer, lessor entities, swap dealer, commercial bank, etc.)

    Responsible for providing advice and issuing policy guidelines on technical accounting and regulatory issues for New York Branch, Cayman Branch, Bank Holding Company and its subsidiaries.

    Leading research related to existing guidance, tracking emerging accounting and regulatory guidance, implementing new accounting standards and regulatory rule guidance, supporting discussion of local accounting and regulatory policy issues with internal /external auditors, as well as reviewing financial statements / regulatory filings and disclosures for subsidiaries.

    Reporting to the MD/GM, Controllers Dept Head, this position is responsible for overseeing a team that does research, analyses, writing, and dissemination of information in accordance with prescribed IFRS, U.S. GAAP and U.S. Basel rules.Position is fully knowledgeable on typical transactions and expect to be able to provide guidance on very complex transactions or issues.

    Primary focus is overseeing the delivery of defined outputs, while at the same time leading the Policy Group to be an integral part of the company and provide essential support in growing the business.Management responsibilities for a team will be part of the position.

    Role Objectives: Responsibilities
    • Supervise the Accounting Policy and Regulatory Policy functions
    • Provide technical accounting / regulatory guidance on new productsand complex transactions
    • Partner with the business and help assess impact of planned strategies
    • Lead the bank's assessment of the impact(s) of emerging standards and regulatory rule makings as well as the adoption of new accounting standards and regulatory rules
    • Maintain and update U.S. GAAP & IFRS accounting policies and U.S. Basel regulatory policies
    • Support both the internal, external auditors and regulatory bodies in their audit/examination of the Bank's technical accounting and regulatory policies and positions
    • Partner with and support the controllers' group with the preparation of their annual reports and regulatory filings
    • Lead or assist with other special/ad hoc projects, as and when needed
    • Lead the internal technical accounting and regulatory policy training
    • Representing SMBC at industry meetings / conferences
    Qualifications and Skills
    • CPA (or equivalent), with at least 20 years of public and private accounting experience in financial services with at least 10years of technical accounting / regulatory policy experience (accounting advisory or on call experience is preferred) and expertise of U.S. GAAP / U.S. Basel rules and knowledge of IFRS (Japanese GAAP is a plus but not required)
    • A minimum of 5 years in a leadership position as the head of the accounting/regulatory policy
    • Technical expertise on investment securities, loans, credit losses, consolidations, derivatives, transfer of financial assets, guarantees, revenue recognition, leasing and fair value
    • Extensive knowledge of Basel III and IV
    • Excellent verbal, interpersonal, and written communication skills
    • Strong analytical, problem-solving, and decision-making capabilities
    • Ability to make decisions quickly, provide clarity to senior leaders, use independent judgment, establish priorities, and work effectively on multiple initiatives concurrently
    • Ability for developing solutions within the boundaries of regulatory agencies and corporate infrastructure standards
    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.

     

  • 26 Days Ago

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Internal Audit - Global Banking - Executive Director/Vice President
  • JPMC Candidate Experience page
  • Jersey, NJ FULL_TIME
  • Internal Audit is an independent function at JPMorgan Chase & Co. that aims to enhance and protect the firm by providing risk-based and objective assurance, advice and insight. We work with every Line...
  • 19 Days Ago

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Internal Audit - Global Banking - Executive Director/Vice President
  • JPMorgan Chase
  • Jersey, NJ FULL_TIME
  • Internal Audit is an independent function at JPMorgan Chase & Co. that aims to enhance and protect the firm by providing risk-based and objective assurance, advice and insight. We work with every Line...
  • 20 Days Ago

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VP, Product Commercialization (Remote)
  • Neptune Retail Solutions
  • Jersey, NJ OTHER
  • Headquartered in Jersey City, NJ, Neptune Retail Solutions is the nation’s premier retail marketing services company. We are experts at influencing buying behaviors through disruptive, innovative, and...
  • 16 Days Ago

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Product Operations Executive
  • Bally's Interactive
  • Jersey City, NJ FULL_TIME
  • Bally's Interactive is the digital arm of one of the world's leading entertainment providers, Bally's Corporation, with tens of millions of players across the globe and big plans always in the works. ...
  • 9 Days Ago

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Product demonstrator
  • Product Connections
  • Secaucus, NJ FULL_TIME
  • Job Posting Overview Weekly Pay Flexible Schedule Fun Work Environment Career Advancement Opportunities Online and / or on-the-job training This part time associate samples products for suppliers with...
  • 1 Month Ago

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0 Top Retail Banking Product Executive jobs found in Newark, NJ area

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Merchandiser Assistant/Product Manager Assistant to $50K BOE
  • fashionunited.ca
  • New York, NY
  • **Jaral Fashions** **Merchandiser Assistant/Product Manager Assistant to $50K BOE** Jaral Fashion, Inc. is a personnel c...
  • 3/27/2024 12:00:00 AM

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Customer Support Specialist - Work From Home>
  • Zip
  • Bloomfield, NJ
  • [Customer Service / Fully Remote] - Anywhere in U.S. / Up to $75K per year / Full health, vision & dental / Apple equipm...
  • 3/24/2024 12:00:00 AM

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Customer Support Specialist - Work From Home>
  • Zip
  • Elizabeth, NJ
  • [Customer Service / Fully Remote] - Anywhere in U.S. / Up to $75K per year / Full health, vision & dental / Apple equipm...
  • 3/24/2024 12:00:00 AM

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Customer Support Specialist - Work From Home>
  • Zip
  • Bayonne, NJ
  • [Customer Service / Fully Remote] - Anywhere in U.S. / Up to $75K per year / Full health, vision & dental / Apple equipm...
  • 3/24/2024 12:00:00 AM

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Customer Support Specialist - Work From Home>
  • Zip
  • Caldwell, NJ
  • [Customer Service / Fully Remote] - Anywhere in U.S. / Up to $75K per year / Full health, vision & dental / Apple equipm...
  • 3/24/2024 12:00:00 AM

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Assistant Store Manager>
  • Zumiez
  • Elizabeth, NJ
  • Zumiez - 651 Kapkowski Rd.Ste 2080 - [ASM / Department Manager] As an Assistant Store Manager at Zumiez you will: Assist...
  • 3/24/2024 12:00:00 AM

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Customer Support Specialist - Work From Home>
  • Zip
  • Union, NJ
  • [Customer Service / Fully Remote] - Anywhere in U.S. / Up to $75K per year / Full health, vision & dental / Apple equipm...
  • 3/24/2024 12:00:00 AM

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Customer Support Specialist - Work From Home>
  • Zip
  • Hoboken, NJ
  • [Customer Service / Fully Remote] - Anywhere in U.S. / Up to $75K per year / Full health, vision & dental / Apple equipm...
  • 3/24/2024 12:00:00 AM

Newark (/ˈnjuːərk/,[24] locally /njʊərk/)[25] is the most populous city in the U.S. state of New Jersey and the seat of Essex County.[26] As one of the nation's major air, shipping, and rail hubs, the city had a population of 285,154 in 2017, making it the nation's 70th-most populous municipality, after being ranked 63rd in the nation in 2000. Settled in 1666 by Puritans from New Haven Colony, Newark is one of the oldest cities in the United States. Its location at the mouth of the Passaic River (where it flows into Newark Bay) has made the city's waterfront an integral part of the Port of New...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Top Retail Banking Product Executive jobs
$188,235 to $292,671
Newark, New Jersey area prices
were up 1.6% from a year ago