Job Information
SMBC Global Markets Business Manager, Associate in New York, New York
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 $85,000.00 and $116,000.00. 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
We are looking to hire a Front Office Business Manager at the Associate level for the Global Markets business to support the COO.
Role Objectives
The successful hire will:
Lead and oversee desk projects and strategic initiatives to drive change and implement business priorities.
Support management by producing presentations detailing business performance and strategic initiatives.
Partner with leadership to develop timely, accurate, and insightful analyses, metrics, and forecasts to support strategic decision making.
Prepare materials to deliver business unit message to Front Office management and Sales and Trading Leadership supporting growth initiatives.
Lead the preparation of detailed budgets and forecasts.
Provide business management and project management support and front office.
Provide recommendations to management to drive business results and achieve financial goals.
Lead work streams, and contribute to projects, that deliver front office efficiencies.
Prepare and deliver compelling and visually effective financial presentations.
Track and analyze the business unit’s competitive position in deal volumes, market share and fees using industry standard tools and internal / external data.
Perform ad hoc analysis and presentation based on current trends and initiatives for each department of the Front Office.
Interact directly with bankers on performance metrics and pipeline.
Analyze client and industry profitability and competitor analyses.
Deliver weekly, monthly, and quarterly performance metrics to business unit leadership.
Qualifications and Skills
Undergraduate degree in Finance, Business Administration, Computer Science, Engineering, Math or related fields.
Two or more years of experience preferably in derivative sales, trading or front office.
Experience in data analysis, production of reporting materials using PowerBI, strong verbal presentation and PowerPoint skills.
Strong organizational, oral, and written communication skills, with ability to communicate effectively with all levels of risk, support, and business partners.
Proficiency with PowerBI, Word, Excel, and PowerPoint, along with ability to quickly learn new programs and applications.
Additional Requirements
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.