Location Strategy Transition Lead

Job Level: Director

Job Function: Corporate Strategy

Location:

Jersey City, NJ, US, 07311

Employment Type: Full Time

Requisition ID: 4085

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 $179,000.00 and $230,000.00. 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

Manage functional due diligence and locational transition planning as part of a multilocation strategy for the Americas Division With a focus on and in partnership with Risk Management and Compliance functions drive analysis of functional teams and processes to determine rightshoring recommendations onshore nearshore offshore Design holistic project plans and implementation roadmaps covering due diligence execution and golive support

Role Objectives

Manage endtoend delivery across a multidimensional program in partnership with CxOs and functional leads
Define program stakeholders scope timing resource requirements and deliverables Implement standardized templates and communication channels to drive transparency and consistency across program effort
Identify and mobilize subject matter experts throughout the organization to contribute as required
Monitor delivery throughout the life of the program and assess outcomes to ensure completeness and sustainability Modify program plan andor timelines as necessary in coordination with business stakeholders Reexamine financial impacts to timing and or scope changes and report accordingly
Review and sign off on milestones and completion proposals Provide ongoing reporting and analytics on performance cost and delivery and document approvals
Form strong partnerships with business stakeholders across the enterprise to influence define and agree on program scope timelines and target deliverables
Promote coordination between program workstreams to ensure alignment and awareness of overarching program objectives
Partner with impacted process owners to inform program delivery and objectives Share expected outcomes and impact assessments to encourage buyin on target end state
Cultivate and maintain internal network of subject matter experts to advise on questions and contribute to program delivery as required Align with program management teams in other regions or business verticals to share best practice and collaborate on crossdivisional or crossregional initiatives as appropriate
Demonstrate strong experience in locational strategies including outsourcing offshoring nearshoring with a focus on Risk Management and Compliance functionsprocesses
Leverage excellent organizational skills to establish standard framework and approach for transformation program setup Guide team members on creating wellstructured program teams with clear roles and responsibilities
Employ communication skills to articulate a clear vision of program deliverables and encourage buyin across all stakeholder groups including business leadership process owners and infrastructure partners
Continuously solicit feedback and insights from stakeholders and subject matter experts to inform improvements to program plans
Engage Six Sigma lean andor agile techniques as appropriate

Qualifications and Skills

Project Management experience in a financial firm
Project Management Skills Excel Project PowerPoint Financial Forecasting Communications skills are a must
Risk andor Compliance background
Location Strategy experience is a plus

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. 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.

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.