Cash Management Business Analyst

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 $80,000.00 and $115,000.00. 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

SMBC is undergoing a digital transformation by rebuilding our Corporate Cash Management and Transaction Banking application. The Business Analyst is a part of the Cash Management/Transaction Banking group within Corporate Banking. This individual performs analysis of current system functionality, identify customer pain points, and understand platform data to gather business requirements for future development of application capabilities.

Role Objectives: Delivery

• Partners within cross functional agile teams with product owners, software developers, and UI/UX designers.
• Performs analysis and design around the business requirements and specifications.
• Ensures client perspective is leveraged in design of analytics developed for client use.
• Participate in Agile ceremonies (e.g., daily standups, sprint planning, and retrospectives).
• Translate client and business needs into user stories, business requirements, acceptance criteria, workflows, and presentations.
• Conduct industry analysis and competitive research to inform and enhance product recommendations.
• Provide updates to Agile Release Train and leadership, including sprint reviews, key milestones, and inter-team dependencies.
• Leverage internal and external data to extract actionable insights.
• Partner with Quality Assurance and User Acceptance Testing teams to ensure product reliability and alignment with functional requirements.

Role Objectives: Interpersonal

Collaborate with colleagues in the treasury and cash management product development ecosystem to help clarify questions around product features and customer value proposition. Interface with legal, compliance, risk management and other internal control and operations groups to identify and clear obstacles to product enhancements / releases. Interface with colleagues in marketing to ensure that materials are relevant and accurate for new or modified treasury and cash management products. Collaborate closely with consumer, corporate banking, cards, and digital product management teams to ensure the overall firm offering is optimized and coordinated.

Role Objectives: Expertise

• Eager to learn, understand, and driven to become a team SME in a given area of focus.
• Ownership mentality and thoughtful attention to detail.
• Strong business and data analysis skills with ability to develop insights from complex data sets into future use cases for clients.
• Strong analytical and critical thinking skills for services provided to corporate customers.
• Understanding of corporate cash management services and treasury industry trends.
• Experience with Agile methodology preferred.
• Experience with project management and collaboration tools such as JIRA, Confluence and Miro is preferred.
• Ability to put customer as driving force in all work delivered.
• Excellent verbal, written and interpersonal communication skills, with the ability to articulate requirements to both business and technical stakeholders.
• Ability to influence people outside the immediate span of control, including business users, other staff, and vendors.
• Experience working in an environment where adherence to banking compliance and regulatory standards is essential.

Qualifications and Skills

Recommended years of experience: 3

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 [email protected].