Vice President, Liquidity Methodology

Overview

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.

This role will be in the Liquidity Management Function, which is part of the Corporate Treasury within the SMBC Americas Division. The candidate will be part of an ongoing Treasury transformation, and drive efforts related to Liquidity Methodology including Internal Liquidity Stress Testing (ILST) across the Combined U.S. Operations (CUSO) with a focus on the Banking Book. Reporting to the head of Banking Book ILST, the candidate will be expected to conduct a current state diagnostic of methodologies for deposit products, drive methodology enhancements, understand impact to Funds Transfer Pricing and various liquidity metrics, collaborate with Business Lines, Risk Management, Technology, and Treasury teams, and ultimately implement their respective methodologies into the overall CUSO ILST.

The candidate will become a core member of the group and operate in an exciting, fast-paced team environment.

The Liquidity Management function sits in the Treasury Function of the New York Branch within the SMBC Americas division. The incumbent will support the team as an independent, critical thinker and take ownership of various initiatives. Additionally, the candidate will be expected to effectively collaborate with cross-functional teams, drive change, and conduct activity with a risk-owner mindset.

• Drive Treasury transformation efforts pertaining to Internal Liquidity Stress Testing (ILST) and overall Liquidity methodology including conducting a current state review of methodologies for CUSO deposit products

• Support the team to review ILST results, trends, drivers, and collaborate with business lines to understand liquidity drivers.

• Lead methodology development for ILST from start to finish, supporting scenario design development, product liquidity risk assessment, development of quantitative and/or qualitative methodologies, implementation into CUSO ILST results, and overall governance of methodologies

• Deep dive into SMBC data architecture and collaborate with COO and technology teams to buildout daily capabilities pertaining to assigned product set, and lead implementation enhancements as product methodologies change each development cycle

• Maintain documentation of product methodologies and proactively refresh documents with the annual methodology development cycle, while simultaneously responding to inquiries from various lines of defense

• Proactively support FTP methodology enhancements as it pertains to liquidity premiums for assigned product set and support colleagues in FTP methodology changes and/or implementation

• Lead quantitative analyses needed for introduction or recalibration of liquidity management and risk practices.

• Develop strong partnerships with key stakeholders to adequately understand the firm’s liquidity position, identify trends/risks, and provide guidance on liquidity…