Cash Management Business Analyst - Associate level

Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 3+ years of experience in business analysis, preferably in corporate banking or cash management.
  • Strong analytical skills with the ability to distill insights from complex data sets.
  • Understanding of corporate cash management services and treasury industry trends.
  • Experience with Agile methodologies and familiarity with tools like JIRA and Confluence.
  • Excellent communication skills, both verbal and written, for effective stakeholder interaction.

Responsibilities

  • Collaborate with cross-functional agile teams including product owners, developers, and designers.
  • Analyze current system capabilities and gather business requirements for application enhancements.
  • Translate client and business needs into user stories and acceptance criteria.
  • Conduct industry analysis to enhance product recommendations.
  • Provide updates and insights to Agile Release Train and leadership teams.
  • Engage with QA and User Acceptance Testing teams to assure product reliability.
  • Work with internal teams to address obstacles to product enhancements.

Benefits

  • Hybrid work model allowing flexibility between home and office.
  • Opportunity to be part of a digital transformation in a leading financial institution.
  • Collaborative and agile work culture fostering continuous learning.
  • Involvement in cross-functional teams enhancing professional growth.
  • Engagement in innovative project environments with a focus on client solutions.
Full Job Description
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.

About Sumitomo Mitsui Financial Group, Inc.

Sumitomo Mitsui Financial Group, Inc. Careers

There has never been a more opportune time to join the dynamic team at Sumitomo Mitsui Financial Group, Inc. (SMFG)—a leading force in the financial services industry recognized for its leadership in innovation and diversity.

Explore Job Opportunities

Sumitomo Mitsui Financial Group, Inc. offers a plethora of job opportunities that cater to a variety of skills and interests. The company is renowned for its commitment to professional growth and leadership development, making it an ideal environment for ambitious individuals looking to advance their careers.

Experience Professional Growth

At SMFG, career advancement is not just a possibility but a priority. The company supports its team members with extensive training programs, including leadership development and diversity training, ensuring that every employee has the tools and knowledge necessary to succeed.

Join a Diverse and Inclusive Team

Diversity and inclusion are at the core of the company culture at Sumitomo Mitsui Financial Group, Inc. With a global team that values unique perspectives and fosters a collaborative and inclusive environment, SMFG is a place where everyone can thrive.

Internship Programs

For those starting their career journey, SMFG offers internship programs that provide a robust foundation in the financial sector. Interns gain invaluable experience, working alongside seasoned professionals and engaging in projects that offer real-world applications of their studies.

Benefits and Culture

Sumitomo Mitsui Financial Group, Inc. is dedicated to not only attracting but also retaining top talent by offering competitive benefits that enhance both personal and professional life. The company culture promotes work-life balance, employee well-being, and continuous learning.

Innovative Work Environment

Innovation is a key driver of SMFG’s success. Employees are encouraged to bring forward-thinking ideas to the table and are provided with the resources to transform these ideas into actionable solutions that drive the financial industry forward.

Networking and Career Development

Networking opportunities within SMFG are abundant. Employees are encouraged to connect with colleagues and industry leaders through various platforms and events, enhancing their professional network and opening doors to myriad career opportunities.

Apply for a Position

Sumitomo Mitsui Financial Group, Inc. is actively hiring and looking for talented individuals who are passionate, curious, and driven. Explore open positions that match your skills and interests on the SMFG careers page.

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Prepare for Your Interview

Aspiring to join SMFG? Prepare your resume to reflect your best self and gear up for the interview process where you can showcase your skills and passion for finance and innovation.

Career Opportunities Await

At Sumitomo Mitsui Financial Group, Inc., the potential for professional development and personal growth is limitless. Discover the exciting and rewarding career opportunities that await at SMFG, where every position contributes to the company’s global success and leadership in the financial industry.
Learn more about Sumitomo Mitsui Financial Group, Inc.

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