At a Glance
- Tasks: Lead capital management strategies and optimise asset allocation for sustainable growth.
- Company: Join SMBC Group, a trusted partner in corporate and investment banking.
- Benefits: Enjoy hybrid working, competitive pay, and wellness support.
- Other info: Be part of a diverse team focused on innovation and collaboration.
- Why this job: Make a real impact on financial strategies while growing your career.
- Qualifications: Experience in capital management and strong analytical skills required.
The predicted salary is between 100000 - 150000 € per year.
This job is brought to you by Jobs/Redefined, the UK's leading over-50s age inclusive jobs board.
United by a sense of purpose towards our customers - to be a trusted partner for the long-term - and our universal banking platform in EMEA, SMBC Group has an international growth agenda and award-winning products, meaning we provide exciting opportunities to work on a diverse range of projects and initiatives. We deliver a full suite of corporate finance products and solutions to our customers as well as investment banking and advisory services, and a range of innovative solutions in global capital markets. Read on to find out how you could enhance your skills and gain valuable experience, by joining us to support our clients transition to a sustainable future.
Role Summary
We're looking for a Director to join our Capital and Portfolio Management Strategy team. This is a senior role in the Capital and Portfolio Management team, focused on capital management and asset allocation strategy, risk distribution for ROE improvements and use of structured credit products in portfolio management.
- Develop product specific solutions to lower RWA and manage the EMEA balance sheet including use of SRTs, CRI and Securitisations by leading product teams.
- Build comprehensive asset selection optimisation tools for risk distribution products - SRTs, CRI and Securitisations taking into account capital usage and economic outcome metrics.
- SME on regulatory and capital rules across EMEA regional regulators (PRA and ECB) and SMBC's global regulator (JFSA).
- Lead strategically important initiatives across the EMEA region related to modelling, advocacy and optimisation of the region's regulatory capital footprint and generate uplift to the regional ROE level.
- Partner with Product teams across EMEA Departments to develop new products or to improve existing products by providing expert knowledge of capital consumption of the regional portfolio and the regulatory environment and detailed analysis of market trends.
Background
SMBC's EMEA strategy is to grow its business through the establishment of its three front office verticals and to focus on its corporate and investment banking including cross selling capital markets, derivatives and loan origination and distribution. Efficient allocation of constrained resources including capital and balance sheet with a focus on profitability and ROE improvement will be key to achieving long term sustainable growth. The Capital and Portfolio Management Strategy function is key to the optimal allocation of capital and setting portfolio strategy in the EMEA region to achieve the region's aims of sustainable growth and ROE uplift. SMBC requires an active portfolio optimization programme with enhanced solutions, not only passive portfolio management.
Accountabilities and Responsibilities
- Capital Management: Identify initiatives and develop products that are regulatory compliant and enhance ROE profitability through risk distribution. Manage and review capital calculations across all EMEA's product sets to ensure continued accuracy within internal model frameworks and an evolving external regulatory capital framework. Develop capital optimisation models and implement enhanced solutions taking into account product structuring, legal entity booking locations and interplay with local regulatory reporting and capital requirements.
- Stakeholder Management: In collaboration with relevant stakeholders in Finance, Compliance, Legal, Risk, Treasury, Planning and business lines ensure business capital use and profitability improvements are clearly articulated and where possible aligned to other initiatives / projections across the Group.
- Regulatory Relationships: In collaboration with relevant stakeholders, represent SMBC EMEA in internal regulatory working group and where appropriate with external groups to focus on improving regulatory capital treatments.
- Portfolio analysis: Support SMBC EMEA marketing teams on profitability analysis, deal structuring for capital use optimisation and approval and provide external benchmarks and analysis. Collaborate with stakeholders to ensure the approval process is transparent and efficient.
- Governance and assurance: Adherence to the Group's product development and procedures frameworks, ensuring products and policy are aligned with governance and assurance. Help drive the continual improvement and updating of product and procedure manuals as SME for capital treatment on risk distribution products.
- Consistency: Ensure all capital treatments and charges are consistent for the business across Economic Capital, Regulatory Capital, Stress Testing, IFRS9 (provisions) and RWA.
- Market Knowledge: Remain up to date with regulatory capital developments and act as a focal point for continuing regulatory capital compliance within SMBC EMEA and support wider initiatives across SMBC globally.
What we offer
For all the expertise and experience you bring to help us make a difference, it's only sustainable if we support you to build your career and be your best self so we offer competitive company benefits, centred around promoting positive well-being and work-life balance. We also believe in fostering a diverse and inclusive work environment, where all team members' perspectives and contributions are valued. Initiatives in place which promote a diverse and inclusive culture and healthy work life balance include hybrid working, Sport & Social Clubs and Diversity and Inclusion networks. As an employee of SMBC you have access to a host of both useful and exciting benefit offerings.
- Hybrid and flexible working
- Competitive paid leave days
- Benefits to support your physical wellbeing, including private medical insurance and life and invalidity insurance
- Various policies to support your mental wellbeing, including a robust behavioural health network with counselling and coaching services
- Access a wide range of learning and development opportunities and career progression opportunities
- Ambitious remuneration package
So, if you like a challenge and want to continuously grow and develop in a role where you will be supported along the way by a dynamic and diverse team, apply today!
About SMBC
A trusted partner for the long term. United by a sense of purpose towards our customers - to be a trusted partner for the long-term - and our universal banking platform in EMEA, we deliver a full suite of corporate finance products and solutions to our customers, including corporate, structured and trade finance, leveraged finance, loan market and treasury products. We can also provide investment banking and advisory services and a range of innovative solutions in global capital markets.
Corporate & Investment Banking Cross-Function Director employer: Sumitomo Mitsui Financial Group, Inc.
At SMBC Group, we pride ourselves on being an exceptional employer that champions employee growth and well-being. Our inclusive work culture fosters collaboration and innovation, offering hybrid working options, competitive benefits, and a commitment to professional development, making it an ideal environment for those looking to thrive in the dynamic field of corporate and investment banking in the EMEA region.
Contact Detail:
Sumitomo Mitsui Financial Group, Inc. Recruiting Team
StudySmarter Expert Advice🤫
We think this is how you could land Corporate & Investment Banking Cross-Function Director
✨Tip Number 1
Network like a pro! Reach out to your connections in the corporate and investment banking space. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by researching the company and its recent projects. Tailor your responses to highlight how your skills align with their goals, especially around capital management and regulatory compliance. Show them you’re not just another candidate!
✨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or mentors. Focus on articulating your experience with capital optimisation and risk distribution clearly. The more comfortable you are, the better you’ll perform when it counts.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to engage directly with us. Let’s make your next career move a great one!
We think you need these skills to ace Corporate & Investment Banking Cross-Function Director
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the role of Corporate & Investment Banking Cross-Function Director. Highlight relevant experience in capital management, asset allocation, and regulatory compliance to show us you’re the perfect fit!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re passionate about joining SMBC Group and how your skills align with our mission. Don’t forget to mention specific projects or initiatives that excite you!
Showcase Your Achievements:When detailing your experience, focus on your achievements rather than just responsibilities. Use metrics and examples to demonstrate how you’ve improved ROE or managed capital effectively in previous roles. We love numbers!
Apply Through Our Website:We encourage you to apply directly through our website for a smoother application process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from our team!
How to prepare for a job interview at Sumitomo Mitsui Financial Group, Inc.
✨Know Your Capital Management Inside Out
Make sure you brush up on your knowledge of capital management and asset allocation strategies. Be prepared to discuss how you would approach risk distribution for ROE improvements and the use of structured credit products in portfolio management.
✨Showcase Your Stakeholder Management Skills
Think about examples from your past experiences where you've successfully collaborated with various stakeholders. Highlight how you ensured business capital use and profitability improvements were clearly articulated and aligned with other initiatives.
✨Stay Updated on Regulatory Changes
Familiarise yourself with the latest regulatory capital developments, especially those relevant to EMEA. Being able to discuss these changes and their implications will demonstrate your expertise and commitment to compliance.
✨Prepare for Portfolio Analysis Questions
Anticipate questions related to portfolio analysis and profitability. Be ready to discuss how you would support marketing teams on deal structuring for capital use optimisation and provide external benchmarks and analysis.
