Associate, Finance Change Managment

Role Description

Finance Change is primarily responsible for establishing and managing large-scale programs focused on implementation of processes, methodologies, and systems that meet regulatory requirements and industry best practices.

Within the larger Finance Change team, the Data Governance team, namely the Functional Data Office (FDO) is focused on ensuring that the sub functions within finance meet the data governance requirements established by the AD Chief Data and Analytics Organization (CDAO).

To support SMBC Americas' BCBS compliance as mandated by our Head Office, SMBC Finance is executing a major initiative to meet the gaps identified by the BCBS 239 assessment.

The FDO team within Finance has identified Tier 1 KDU’s that need to meet the data governance requirements laid out by the policies of the CDO office, in particular to meet the requirements of the BCBS gap assessment.

The Vice President will be responsible for rigorously executing upon and managing a portfolio of prioritized finance data strategy and data management (including setting up adequate data governance), working closely with senior stakeholders across SMBC Americas.

Responsibilities

• Manage a portfolio of prioritized finance data governance initiatives / workstreams
• Support the identification and establishment of the Key Data Uses (KDU) inventory for the finance function
• Work with finance data stewards to identify and onboard the Key Data Elements (KDEs) for all of the identified KDUs, including documenting definitions, gathering and validating metadata, securing approvals from data owners and data stewards, completing the onboarding templates as required by the CDAO office
• Work closely with the AD FDO team to document data quality controls that meet the standards laid out by the AD CDAO office
• Support the implementation of data quality rules in alignment with the CDAO guidelines, working closely with the CDAO data quality rules implementation team
• Identify data quality issues and exceptions and ensure they are captured in the firms data quality issues repository
• Work closely with the AD finance data governance team to perform root cause analysis of the data quality rules and drive remediation
• Identifying, developing, and maintaining key aspects of the firms Data Lineage exercise - in line with best practices and industry expectations
• Support the finance functions ongoing initiative to source reference data from the firms strategic sources
• Contribute to the ongoing buildout of a reference data operating model and the associated workflows
• Contribute to the overall design and implementation of programs and/or technology strategy to establish projects that deliver sustainable, scalable solutions.
• Lead gap assessments against data policies and standards and reporting (management or regulatory) requirements to identify gaps and determine remediation plans
• Partner with finance SMEs, Chief Data Office, IT, and other stakeholders in implementing target state data controls and data governance framework
• Perform ongoing monitoring and provide transparent reporting to impacted stakeholders and senior management.
• Build relationships with key internal/external stakeholders centered on collaboration, flexibility, and thoughtfulness

Qualifications and Skills

• 4-7 years on data analytics, data quality, and compliance of finance or financial regulatory reporting.
• Exceptional written and verbal communication skills
• Experience working on complex business analysis and cross functional projects
• With proficient IT skills including but not limited to various Microsoft applications, Power BI or SQL, is a plus.
• Demonstrate ability to challenge the status-quo and drive results
• Knowledge of various financial products, banking, or accounting (preferable)
• Team-worker with ability to work independently.
• Bachelor of Science in Accounting, Business or equivalent ; MBA a plus