Head of ECB Coordination - Finance - Executive Director (f/m/d)

Who we are

United by a sense of purpose towards our customers – to be a trusted partner for the long-term – and our universal banking platform in EMEA, SMBC Group has an international growth agenda and award-winning products, meaning we provide exciting opportunities to work on a diverse range of projects and initiatives. We deliver a full suite of corporate finance products and solutions to our customers as well as investment banking and advisory services, and a range of innovative solutions in global capital markets. Read on to find out how you could enhance your skills and gain valuable experience, by joining us to support our clients transition to a sustainable future.

Role Summary

The Head of ECB Coordination Finance oversees the strategic development of the F&C function of SMBC EU AG and SMBC EU group including its branches & subsidiaries, specifically in light of the upcoming ECB supervision and significantly increased demands on the team on reporting outputs and governance. The focus is on the development of the finance function in line with markets expectation ensuring all external and internal requirements can be met, financial performance of the bank & group are adequately monitored and communicated to senior management and finance aspects are incorporated in the decision-making processes at bank and group level level

Position Description

Accountabilities & Responsibilities

•    To strategically lead, motivate and develop a professional ECB project team to ensure it meets its core functional responsibilities. In addition the ECB coordinator oversees all ECB readiness activities in the respective finance functional teams
•    Lead the ECB onboarding Finance workstream ensuring compliance with all external requirements and develop a finance function in line with market standards ensuring ECB readiness for the finance team can be confirmed. Also ensure that any risks or constraints are reported and managed in an efficient manner with appropriate headroom.
•    Oversight of ECB Finance sub working groups ensuring strategic objectives are met, properly prioritized and risk assessed
•    Support the Head of Finance with the development and implementation of the Target Operating Model for Finance including onboarding & training of new staff, talent development, oversight of branches & subsidiaries, outsourcing governance, regional cooperation and implementation of centres of excellence
•    Coordinate with all other ECB workstreams, specifically Risk&Credit Risk, IT, Data Management, ECB Onboarding (AQR, Stress Testing, Business Model Assessment)
•    Develop and Lead the SMBC EU Finance Committee ensuring appropriate governance and communication to the bank’s senior management on finance related matters
•    Drive the agenda for the ECB onboarding for finance (prudential and financial) of SMBC EU AG ensuring alignment within EMEA and SMBC group ensuring that strategic aspects are understood and considered by management and other stakeholders i.e. risk and business functions
•    Take a lead to strengthen oversight and governance for SMBC EU AG and SMBC EU group
•    To be fully engaged with local management, stakeholders and the business to ensure that F&C is a trusted, responsive and influential partner and to contribute to and/or lead where appropriate local financial planning and strategy
•    Manage further related F&C projects within EMEA and EU context.
•    Ensure insightful and accurate financial & management reporting to Senior Management
•    Oversee adequate monitoring of the performance of outsourced services relevant to the finance function, specifically for ECB 

Knowledge, Skills, Experience & Qualifications

•    Several years’ experience in different finance or risk roles within the financial industry, ideally in an investment bank/universal bank
•    Experience in project management and team leadership 
•    Educated to Masters level; any professional qualification is considered as a plus
•    Be able to understand complex concepts, challenge them and provide explanations in a clear and precise way
•    Strong analytical, numerical and IT skills
•    Strong understanding of financial products and investment banking
•    Expertise in accounting, financial reporting (IFRS and HGB) and prudential regulation
•    Proven track record in building relationships (both internal and external) as well as demonstrating and promoting team spirit
•    Be able to work independently
•    Demonstration of SMBC values 
•    Language skills: English business fluent

Competencies

What we offer

For all the expertise and experience you bring to help us make a difference, it’s only sustainable if we support you to build your career and be your best self so we offer competitive company benefits, centred around promoting positive well-bring and work-life balance. We also believe in fostering a diverse and inclusive work environment, where all team members perspectives and contributions are valued. Initiatives in place which promote a diverse and inclusive culture and healthy work life balance include hybrid working, Sport & Social Clubs and Diversity and Inclusion networks.

As an employee of SMBC you have access to a host of both useful and exciting benefit offerings. See below some of the benefits on offer to you:

• Hybrid and flexible working 
• Competitive paid leave days
• Benefits to support your physical wellbeing, including private medical insurance and life and invalidity insurance 
• Various policies to support your mental wellbeing, including a robust behavioural health network with counselling and coaching services  
• Access a wide range of learning and development opportunities and career progression opportunities 
• Ambitious remuneration package

So, if you like a challenge and want to continuously grow and develop in a role where you will be supported along the way by a dynamic and diverse team, apply today!!