Product Control - Director

SMBC Group Finance Professional Opportunity

SMBC Group is a top-tier global financial group headquartered in Tokyo 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 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 $177,000.00 and $220,000.00. 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 seeking an experienced finance professional to build out and lead a newly created Funding Product Control team that will be responsible for accurate financial reporting, P&L analysis, and control over funding activities. This role ensures the integrity of financial data related to Treasury funding operations, including liquidity management, interbank transactions, etc. The successful candidate will maintain a robust internal control framework across the funding lifecycle, supporting financial, regulatory, and management reporting requirements. Additionally, the role will drive process improvements, automation initiatives, and finance transformation projects.

Role Objectives : Delivery

Oversee daily P&L validation, attribution, and reporting for funding desks. Collaborate with Treasury, Markets, Risk, and Finance teams. Provide insights for strategic funding decisions and performance analysis. Lead creation / automation of templates and enhancing the controls around P&L reporting. Assist with transformation efforts to modernize the company's financial infrastructure. Monitor trading activity for ad-hoc valuations and trade reserves and work with partners to ensure accuracy of financial statements. Document new policies and procedures.

Qualifications and Skills

10+ years of experience in financial services, product control, or treasury-related roles. Strong understanding of funding instruments and liquidity management. Bachelor's degree in Accounting, Finance, or equivalent; CPA, CFA, or FRM preferred. Knowledge of US GAAP for financial instruments; experience with IFRS or JGAAP is a plus. Proven leadership skills with ability to mentor and develop teams.

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. 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. EOE, including Disability / veterans.