Head of Liquidity Management

SMBC Group is a top-tier global financial group headquartered in Tokyo with a 400-year history, offering a diverse range of financial services including banking, leasing, securities, credit cards, and consumer finance. The Group operates in nearly 40 countries with over 130 offices and 80,000 employees worldwide. In the Americas, SMBC Group provides commercial and investment banking services to corporate, institutional, and municipal clients, connecting them to local markets and an extensive global network.

About the role

Lead a team of liquidity management professionals and establish a liquidity framework to support the liquidity management of SMBC Americas Division and SMBC Cayman Branch.

• Develop a liquidity stress testing framework to identify potential impacts to SMBC’s liquidity position under a range of stress market conditions.
• Create tools and capabilities such as cashflow forecasting, intraday liquidity framework, liquidity metrics, and indicators to support risk identification and monitoring.
• Collaborate with risk, model validation, and internal audit teams to review and validate tools and models.
• Develop strategic forecasting capabilities to provide forward-looking liquidity impacts measured using liquidity stress testing and liquidity coverage ratio.
• Provide clear communication to senior stakeholders, including the SMBC Board and regulators.
• Establish robust processes, documentation, and strong controls for timely and efficient execution of liquidity management reporting.
• Develop Funds Transfer Pricing methodologies to measure and incorporate liquidity costs in products and business activities.
• Build strong partnerships with lines of business and other Treasury stakeholders to support strategic balance sheet management around liquidity constraints.
• Integrate liquidity, funds transfer pricing, and asset liability management methodologies across Treasury to strengthen capabilities.

Requirements

• Bachelor’s degree in business administration, finance, economics, or a related field plus 12 years of progressively responsible experience.
• Experience with U.S. regulatory requirements for liquidity management, including Enhanced Prudential Standards (Reg YY), Reg WW, and the Supervisory Guidance on Stress Testing for Banking Organizations (SR 10-7).
• Experience with Cayman Islands regulatory requirements for liquidity management, including the Cayman Islands Monetary Authority’s (CIMA) liquidity rules.
• Experience with U.S. regulatory requirements for funds transfer pricing, including the Interagency Guidance on Funds Transfer Pricing Related to Funding and Contingent Liquidity Risks (SR 16-3).

Pay

The anticipated salary range for this role is between $299,000.00 and $306,000.00. The specific salary offered will be based on individual qualifications, experience, and market analysis at the time of hire. The role may also be eligible for an annual discretionary incentive award.

Benefits

SMBC offers a competitive portfolio of benefits to its employees. The role is eligible for hybrid remote work, with employees required to live within a reasonable commuting distance of their office location. Hybrid work schedules will be discussed during the interview process.