Corporate & Investment Banking Cross-Function Director

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

Is the next step in your career at SMBC Group EMEA? We’re looking for a Director to join our Capital and Portfolio Management Strategy team. 

• Senior role in the Capital and Portfolio Management team, focussed on capital management and asset allocation strategy, risk distribution for ROE improvements and use of structured credit products in portfolio management
• Develop product specific solutions to lower RWA and manage the EMEA balance sheet including use of SRTs, CRI and Securitisations by leading product teams
• Build comprehensive asset selection optimisation tools for risk distribution products – SRTs, CRI and Securitisations taking into account capital usage and economic outcome metrics
• SME on regulatory and capital rules across EMEA regional regulators (PRA and ECB) and SMBC’s global regulator (JFSA)
• Lead strategically important initiatives across the EMEA region related to modelling, advocacy and optimisation of the region’s regulatory capital footprint and generate uplift to the regional ROE level.
• Partner with Product teams across EMEA Departments to develop new products or to improve existing products by providing expert knowledge of capital consumption of the regional portfolio and the regulatory environment and detailed analysis of market trends.

Background

• SMBC’s EMEA strategy is to grow its business through the establishment if its three front office verticals and to focus on its corporate and investment banking including cross selling capital markets, derivatives and loan origination and distribution.
• Efficient allocation of constrained resources including capital and balance sheet with a focus on profitability and ROE improvement will be key to achieving long term sustainable growth.
• The Capital and Portfolio Management Strategy function is key to the optimal allocation of capital and setting portfolio strategy in the EMEA region to achieve the region’s aims of sustainable growth and ROE uplift.
• SMBC requires an active portfolio optimization programme with enhanced solutions, not only passive portfolio management.

Accountabilities and Responsibilities

• Capital Management:  
  • Identify initiatives and develop products that are regulatory compliant and enhance ROE profitability through risk distribution.
  • Manage and review capital calculations across all EMEA’s product sets to ensure continued accuracy within internal model frameworks and an evolving external regulatory capital framework.
  • Develop capital optimisation models and implement enhanced solutions taking into account product structuring, legal entity booking locations and interplay with local regulatory reporting and capital requirements  

• Stakeholder Management: In collaboration with relevant stakeholders in Finance, Compliance, Legal, Risk, Treasury, Planning and business lines ensure business capital use and profitability improvements are clearly articulated and where possible aligned to other initiatives / projections across the Group.
• Regulatory Relationships: In collaboration with relevant stakeholders, represent SMBC EMEA in internal regulatory working group and where appropriate with external groups to focus on improving regulatory capital treatments.
• Portfolio analysis: Support SMBC EMEA marketing teams on profitability analysis, deal structuring for capital use optimisation and approval and provide external benchmarks and analysis. Collaborate with stakeholders to ensure the approval process is transparent and efficient.
• Governance and assurance: Adherence to the Group's product development and procedures frameworks, ensuring products and policy are aligned with governance and assurance. Help drive the continual improvement and updating of product and procedure manuals as SME for capital treatment on risk distribution products.
• SMBC Group: Provide support to internal projects to ensure that all collateral is captured for the business and all appropriate credit loan loss data is captured for future modelling requirements.
• Consistency: Ensure all capital treatments and charges are consistent for the business across Economic Capital, Regulatory Capital, Stress Testing, IFRS9 (provisions) and RWA.
• Market Knowledge:  Remain up to date with regulatory capital developments and act as a focal point for continuing regulatory capital compliance within SMBC EMEA and support wider initiatives across SMBC globally.

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!!