Data Remediation Vice President (Financial Regulatory and Treasury Reporting)

 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 $122,000.00 and $170,000.00. 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 department is seeking for a data remediation Vice President for finance change regulatory and treasury reporting. The prime objective of this role is to drive change that enhances the quality of data for regulatory/treasury reporting, secure compliance with enterprise data standards and align on best practices, and support the core change capabilities in sourcing, control, governance of data. This function focuses on defining and refining setting up Data Quality Controls on various key data attributes related to Finance. In addition, this function requires to communicates and coordinate with various business functions external to finance and establish, support, maintain and continuously improve stronger data quality. This role will also ensure compliance with service level agreements (SLAs) and data procedures with respect to time-to-remediate and data quality issues, as well as internal team expectations. 

Responsibilities

• Driving a Data focus in the strategic initiatives including regulatory reporting data governance and data controls
• Identifying and maintaining key aspects of our Data Governance, Data Remediation, including Key Data Element population, Data Quality management, Lineage - in line with best practice and regulatory expectations 
• Work across multiple teams to translate regulatory compliance requirements into implementable data controls 
• 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 resolutions. 
• Perform assessments on data-lineage, data quality effectiveness, data reconciliation and various data quality controls
• Provide the forward-looking data analysis, presentations for MIS and analytics in support of Executive reporting 
• Facilitate project update communications and meetings. Providing senior leadership with actionable information regarding status of individual deliverables, work streams, and the overall program
• Develop templates, guides, and other accelerators to enable the team members to execute activities in a repeatable manner  
• Exercise a high degree of initiative, independent judgement, and self-direction in meeting objectives and solving problems while knowing when to reach out for clarification and/or assistance 

Qualifications and Skills

• 7-12 years in data governance, data quality and compliance of financial regulatory reporting
• Experience in working at large or compl