Business Management

Sumitomo Mitsui Banking CorporationCharlotte, NC
Hybrid

About The Position

We are seeking a driven, detail-oriented Vice President with a strong sense of ownership to join the Office of the CRO within the Americas Division Risk organization. The Office of the CRO operates across all risk verticals and partners closely with the business, control functions, and Head Office. While the team’s remit is broad, a core responsibility is overseeing the operations of the Risk organization, including budget management, and providing direct support to the Chief Risk Officer. This role will play a critical part in managing and enhancing budget governance, financial planning, and expense oversight for the CRO organization, encompassing 500+ staff. This position requires strong analytical capabilities, a deep understanding of budget frameworks, and the ability to collaborate effectively across risk verticals, Finance, and Head Office stakeholders. This is a strategic role within the Risk function and instrumental in linking risk strategy, operating model, and execution, and offers insight into key initiatives and investment priorities across risk verticals. This is a hybrid position based in Charlotte, North Carolina.

Requirements

  • Bachelor’s degree in Finance, Business Administration, Accounting, or a related field
  • Minimum of 7 years of relevant experience, including budget management.
  • Strong analytical and data analysis and reporting capabilities
  • Highly organized with excellent written and verbal communication abilities across all levels of the organization.
  • Proficiency in Microsoft Word, Excel, and PowerPoint; ability to quickly learn new systems and applications.

Responsibilities

  • Play a key role in consolidating budget requirements across risk verticals and developing annual and multi-year budget plans
  • Partner with Finance and Head Office on budget submissions, negotiations, and approvals
  • Drive forward-looking forecasts, including personnel and non-personnel expenses
  • Track actual expenses against budget and monitor overall budget utilization
  • Perform variance analysis and identify key drivers of deviations
  • Ensure alignment with internal budget policies and approval frameworks
  • Prepare and present financial performance insights, trends, and risks to budget execution to senior stakeholders, including the CRO
  • Lead development of materials for management meetings and C-suite forums
  • Embrace a transformational mindset and strengthen forward-looking governance, including detailed budget reviews by category, structured approval processes, and tighter controls.
  • Drive continuous improvement in budget processes through automation, enhanced reporting, and data visualization,
  • Participates in ad-hoc initiatives and projects as needed
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