Location Strategy Transition Lead

Job Level: Associate

Job Function: Change Management

Location:

New York, NY, US, 10172 Jersey City, NJ, US, 07311 White Plains, NY, US, 10601

Employment Type: Full Time

Requisition ID: 6719

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 $92,000.00 and $140,000.00. 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 candidate will support functional due diligence and location strategy efforts as part of a broader multi-year strategy for the Americas Division. This role will involve collaborating with Back Office and Middle Office teams (including Operations, Finance, Risk, Compliance, HR, and Procurement) to gather data, understand current processes, and assist in managing the execution of transition for offshoring, nearshoring, or relocation within the U.S.

The candidate will manage to project planning activities, including preparing documentation, tracking milestones, and supporting execution and go-live efforts. Responsibilities may include transition planning, execution, and reporting to allow for close monitoring of risks and progress toward efficiency and cost-related goals.

The candidate must be able to coordinate small to medium projects across multiple teams simultaneously.
This role is ideal for someone with experience in project coordination or business analysis within a financial institution, and an interest in organizational change and location strategy.

Role Objectives

Manage transition delivery across a multidimensional program in partnership with functional leads
Document program stakeholders scope, timing, resource requirements, and deliverables using defined frameworks, and track milestones through formal and informal communication channels to keep momentum and transparency.
Monitor delivery throughout the life of the program and assess outcomes to ensure completeness. Modify program plan and or 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.
Promote coordination between program workstreams to ensure alignment and awareness of overarching program objectives
Align with program management teams in other regions or business verticals to share best practice and collaborate on cross divisional or cross regional initiatives as appropriate
Leverage excellent organizational skills to follow and improve upon standard framework and approach for transformation program implementation.
Employ communication skills to articulate a clear update and status on program deliverables, milestones, and risks and encourage buy in 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 and or agile techniques as appropriate

Qualifications and Skills

Minimum years of relevant experience – 5 to 7 years
Project Management experience in a financial firm
Project Management Skills – Excel, Project, PowerPoint, Financial Forecasting Communications skills are a must
Presentation creation Skills – must be able to convey meaningful information in a digestible format for various audiences
Understanding of Back Office and Middle Office requirements
Location Strategy experience is a plus

#LI-RCH

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.