Senior Business Analyst

Sumitomo Mitsui Financial Group, Inc. • $90K — $120K *
Charlotte, NC 28269In-Person
Finance & Insurance
5 - 7 years of experience
Today
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Job Overview by Ladders

Qualifications

  • 5-7 years of experience focusing on Counterparty Credit Risk Technology at large banks.
  • Proficiency in SQL and project management tools (JIRA, MS Project, Visio, Excel).
  • In-depth knowledge of regulations like SR 11-10 and familiarity with Market Risk concepts.
  • Strong analytical and problem-solving capabilities, especially in root cause analysis.
  • Demonstrated ability to communicate complex technical concepts to non-technical stakeholders.
  • BA/BS degree required; higher education in a relevant field preferred.
  • Self-starter with proven ability to manage multiple priorities and meet deadlines.

Responsibilities

  • Collaborate with business users to gather and analyze requirements for technology solutions.
  • Conduct user acceptance testing and provide subject matter expertise post-production.
  • Assist developers in translating user requirements into IT specifications and QA testing.
  • Perform root cause analysis and propose creative solutions for data quality issues.
  • Facilitate updates on emerging risks and action plans to senior management in coordination with project managers.
  • Create and maintain comprehensive documentation for ongoing projects and processes.
  • Lead gap analysis and assess performance between current and desired business processes.

Benefits

  • Hybrid work model allowing remote and office flexibility.
  • Opportunities for professional growth and development within the company.
  • Access to a range of resources and tools to enhance productivity.
  • A collaborative work environment that values teamwork and communication.
Full Job Description
Role Description

SMBC is in the process of leading a Digital Transformation across our Americas Division as we continue to modernize our technology, focus on our data driven approach, grow and plan.

As a result of this expansion, we are currently seeking a talented and motivated Business Analyst for Counterparty Credit Risk Technology to join our Risk Technology Group. The senior Business Analyst will play a pivotal role and will be responsible for developing and implementing technology solutions to support Counterparty Credit risk management activities.

Role Objectives:

  • Works directly with our business users on requirement elicitation, analysis, user acceptance testing and post-production SME help.
  • Works closely with our business users as well as cross functionally to understand root cause analysis and solutions for data quality issues.
  • Assists developers during development process related to user requirements and QA for QA functional testing.
  • Ability to master complex tasks with minimal supervision and communicate ideas effectively.
  • Strong analytical and problem-solving skills, with ability to conduct root cause analysis and provide viable/creative solutions.
  • Ability to analyze business process and make recommendations for improvements and translate business needs into IT requirements.
  • Coordinates with project manager to provide senior management updates on emerging risks and action plans.
  • Ability to master complex tasks with minimal supervision and communicate ideas effectively.
  • Creates and maintains documentation for various ongoing projects and business processes.
  • Strong ability to conduct gap analysis and provide current state vs future state analysis.
  • Ability to work as a lead is desirable.


Qualifications and Skills

  • In-depth experience with Counterparty Credit Risk including regulations like SR 11-10 (Counterparty Credit Risk).
  • Knowledge of Market Risk, VaR, CCAR, Stress Testing, Reporting, etc. is desirable.
  • 7+ years of professional experience at large banks with a focus on Counterparty Credit Risk Technology.
  • Experience working with market data sources, financial instruments, and trading systems.
  • Self-starter with strong ability to multi-task and solve business problems.
  • Highly developed sense of accountability and follow-through with an ability to effectively prioritize multiple tasks, projects and goals to completion.
  • Ability to understand complex and highly technical concepts, and ability to easily explain/translate/synthesize them for Tech team.
  • Knowledge of project management frameworks including Waterfall and Agile is a must.
  • Proficiency in SQL and tools such as JIRA and MS Project, Visio and Excel are a must
  • Knowledge of Databricks will be desirable.
  • Ability to prioritize work by setting and meeting realistic deadlines, forecasting, and communicating changes resulting from risks and issues, while ensuring a high level of fiscal control and accountability for project budget and resources.
  • High on Emotional Quotient: Strong relationship management, collaboration, and influencing skills.
  • Ability to successfully engage in multiple initiatives simultaneously while interacting professionally with executives, managers, and subject matter experts.
  • Knowledge of financial operations and planning, controls management, MIS, data management and reporting processes related to commercial investment banks.
  • BA/BS degree required.
  • Excellent verbal and written communication skills.

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.

Stay Connected with SMFG Careers

Keep up to date with the latest career tips, industry insights, and company news from Sumitomo Mitsui Financial Group, Inc. Subscribe to receive updates and stay informed about new job openings and employment trends.

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.
Industry
Finance & Insurance
* Ladders Estimates

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