Governance, Risk & Compliance Business Architect, VP

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 $140,000.00 and $196,000.00. 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 GRC Business Architect works with SMBC’s Governance, Risk and Compliance (“GRC”) Transformation Office (“TO”) team to assist the GRC business program management office for the implementation of an enterprise wide GRC eco system.

The GRC Business Architect role works with subject matter experts in departments across SMBC’s Americas Division to align on how the system should be designed and configured. This role will have an enterprise-wide view of SMBCs GRC requirements and will recommend the design decisions for senior management consideration. It includes, but is not limited to, the development and ongoing maintenance of an overarching execution roadmap, business, and data architecture, maintaining RAID logs, design decisions and status reporting.  The role also requires facilitating the implementation of a consistent target operating model using strong governance and control environments, effective communication and liaising with relevant stakeholders, technology and vendor partners to drive agenda and successful execution of the agreed upon roadmap. Support production of data analytics, metrics, and management information is necessary for appropriate management oversight, internal engagement, and effective program execution. Collaborative organized and coordinated approach with all related work streams and business lines is required for driving change.
 

Role Objectives

The job responsibilities are described herein: 

• As a part of the GRC Transformation office, the GRC Business Architect is an individual contributor role that supports the delivery and adoption of an enterprise wide GRC tool.
• Support several framework components such as operational risk, controls management, compliance, regulatory change, operational resilience to support embedding of Enterprise Risk Management framework across the organization.
• Own and maintain the GRC business and data architecture, ensuring alignment with evolving organizational needs.
• Responsible to architect, facilitate implementation and embed the various GRC modules/components on a single platform / eco-system to ensure cross linkage and usability of data attributes.
• Demonstrate awareness and understanding of stakeholder business requirements, enterprise reference data standards and organizational context throughout project execution.
• Assess business processes and framework changes to resolve business requirements; and deliver recommendations along with supporting documentation to enable business decisions.
• Engage with business leaders and users to understand current state and articulate feasible solutions, through process change, tool implementation and configuration.
• Work closely with all key collaborators (business, technology, vendors/service providers, management), lead discussions with business teams to understand and relay functional requirements to inhouse application support teams for effective implementation and enablement of GRC tool.
• Steer the existing GRC design with evolving business n