Risk Transformation - Project Manager - Vice President

 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 $175,000.00. 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

Manage the initiation, planning, delivery, and closure of in-scope risk transformation initiatives and activities across SMBC Americas Division. Leverage subject matter expertise to act as a strategic advisor to the risk organization to help optimize the benefit and sustainability of implemented changes. Drive successful delivery of projects to address regulatory requirements and enhance risk management capabilities within time, budget, scope, and quality constraints while tracking and reporting initiative status and identifying/communicating/managing risks.

Role Objectives: Delivery

• Own day-to-day execution, timeline management, and delivery milestones, ensuring that individual initiatives contribute effectively to the overall strategic objectives. 
  • Serves as the project manager for a set of risk initiatives within area of domain expertise.
  • Manages relationships with risk area head(s) who are accountable for 2nd line oversight of risks.
  • Operates within a structured program/project governance framework designed to ensure focused execution, clear ownership, and measurable outcomes on every initiative, from project initiation through completion.
• Project Initiation:
  • Works with key stakeholders to define objectives and strategic direction, performs due diligence on potential solutions and resource requirements, creates project charter, engages steering and oversight groups and Chief Risk Officer for approval, socializes with relevant senior management and functional stakeholders as required, and onboards project in internal project management tracking tool.
• Project Planning:
  • Creates project plan, assesses dependencies and risks, creates associated project artifacts as required, defines and plans operational effectiveness & sustainability, reviews project plan with Project Owner and Steering Group, and onboards workstreams and tasks in internal project management tracking tool.
• Project Delivery:
  • Coordinates and tracks project delivery activities, updates project plans as required, manages dependencies, updates RAID and Change Logs as required, engages in stakeholder communications on solutions, status, and risks, orchestrates project governance, operational transition plans, updates internal project management tracking tool weekly, ensures Operational Effectiveness & Sustainability.
• Project closure:
  • Confirms acceptance of project outcomes and validates objectives are met, collects and documents relevant artifacts, reviews and fin