Senior Business Analyst

Sumitomo Mitsui Banking Corporation•Charlotte, NC

73d•Hybrid

About The Position

SMBC is undergoing a significant Digital Transformation across its Americas Division, focusing on modernizing technology, enhancing its data-driven approach, and fostering growth. As part of this expansion, a talented and motivated Business Analyst is sought for the Counterparty Credit Risk Technology team within the Risk Technology Group. This senior role is crucial for developing and implementing technology solutions to support Counterparty Credit risk management activities.

Requirements

In-depth experience with Counterparty Credit Risk, including regulations like SR 11-10 (Counterparty Credit Risk).
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 a strong ability to multi-task and solve business problems.
Highly developed sense of accountability and follow-through, with the 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 the 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.
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 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.

Nice To Haves

Knowledge of Market Risk, VaR, CCAR, Stress Testing, Reporting, etc. is desirable.
Knowledge of Databricks will be desirable.
Ability to work as a lead is desirable.

Responsibilities

Works directly with business users on requirement elicitation, analysis, user acceptance testing, and post-production SME support.
Collaborates closely with business users and cross-functionally to understand root causes and develop solutions for data quality issues.
Assists developers during the development process regarding user requirements and performs QA functional testing.
Demonstrates the ability to master complex tasks with minimal supervision and communicate ideas effectively.
Possesses strong analytical and problem-solving skills, with the ability to conduct root cause analysis and propose viable/creative solutions.
Analyzes business processes, recommends improvements, and translates business needs into IT requirements.
Coordinates with the project manager to provide senior management with updates on emerging risks and action plans.
Creates and maintains documentation for various ongoing projects and business processes.
Conducts gap analysis and provides current state vs. future state analysis.
Ability to work as a lead is desirable.