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.
The anticipated salary range for this role is between $78,000.
00 and $124,000.
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.
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 Rail Services LLC, Manufacturers Bank, JRI America, Inc.
, SMBC Leasing and Finance, Inc.
, Banco Sumitomo Mitsui Brasileiro S.
A.
, and Sumitomo Mitsui Finance and Leasing Co.
, Ltd.
Role Description
SMBC is hiring a Reconciliations Associate within the CFTC Trade Reporting team.
The team will be responsible for building and maintaining reconciliations across the bank using various reconciliation tools.
The Associate’s primary responsibility will be to support and enhance current reconciliations as well as build new reconciliations for teams across the bank.
The candidate should have functional knowledge of supporting a reconciliation processes.
Role Objectives
Support teams across the bank in maintaining, updating and enhancing reconciliations process and procedures
Work with teams across the bank to build new reconciliations to enhance controls and data integrity
Create procedures to allow reconciliations to be released to production to the appropriate teams upon completion of the build
Document reconciliations and mappings to ensure ease of communication with compliance personnel and auditors
Work with compliance in evaluating new products, services, and other Front Office initiatives
Maintain systems project schedule with our Business Analyst team
Qualifications and Skills
Ability to incorporate guidance from multiple sources into day-to-day workstreams
Ability to communicate complex ideas in simple terms
Experience in reconciling large data sets
Proficiency in Excel
Experience using Duco is preferred
3-5 years of relevant work experience is preferred
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.
SMBC is an EO employer – M/F/Veteran/Disability.
SMBC provides reasonable accommodations for employees and applicants with disabilities consistent with applicable law.
If you need a reasonable accommodation during the application process, please let us know at accommodations@smbcgroup.
com.
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