About the position

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 \$103,000.00 and \$155,000.00. 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 DescriptionFinance Change Management is seeking an experienced Associate for Regulatory and Treasury Reporting. The primary focus of this role is to prioritize and improve the data quality of financial regulatory reporting data attributes/elements to ensure that the filings to various regulators (FRB, FFIEC, OCC, etc.) are prepared in a timely and accurate manner with complete and appropriate data. In addition, this function requires communicating and coordinating with various external stakeholder groups to facilitate establishing, supporting, and continuously improving data quality. This role will also ensure compliance with data procedures with respect to time-to-remediate and data quality issues, as well as internal team expectations.

Responsibilities

• Ensure data quality, governance, and control for various financial Regulatory and Treasury reports according to company policy and standards.
• Report and monitor data issues related to data quality from Regulatory Reports. Work with stakeholders for root causes analysis and support remediation efforts.
• Facilitate project update communications and meetings.
• Perform assessments on data-lineage, data quality effectiveness, data reconciliation and various data quality controls.
• Provide forward-looking data analysis, presentations for MIS and analytics in support of Executive reporting
• Develop templates, guides, and other accelerators to enable the team members to execute activities in a repeatable manner
• Exceptional communication skills include ability to articulate with internal teams and external stakeholders.
• Basic understanding of AI technologies and principles such as supervised/unsupervised learning.

Requirements

• 4-7 years in data governance, data quality and compliance of financial regulatory reporting.
• Familiar with major BHC, Branch or Liquidity regulatory reports including, but not limited to FR 2052a, FR Y-9C, FFIEC 009, FR Y-15, FFIEC 002, FFIEC 019, etc.
• Demonstrate ability to challenge the status-quo and drive results in changing environment
• Knowledge of various financial products, banking, or accounting (preferable)
• Team-worker with ability to work independently.
• Bachelor of Science in Accounting, Business or equivalent; MBA a plus
• With proficient IT skills including but not limited to various Microsoft applications, Collibra, Alteryx, Excel proficiency, Power BI or SQL, is a plus.
• 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.