Assistant Vice President, IT Planning Department

SUMITOMO MITSUI BANKING CORPORATION Singapore Branch; Singapore; On-site; SGD 100,000 - 125,000; Full time

Job summary

A prominent banking institution in Singapore is seeking a qualified candidate for a role focusing on strategic planning, financial management, and IT enablement. The ideal candidate will have extensive experience in the banking industry, specifically in technology and financial management. This position offers a comprehensive opportunity to develop and manage various strategies critical to the bank's operations.

Qualifications

• Master’s or bachelor’s degree in Computer Science, Management Information Science or equivalent.
• Min. 5 years of work experience in the FI or banking industry.
• Good knowledge and experience in managing IT financial, budget and resources.

Responsibilities

• Develop department's goals and strategy to meet business priorities.
• Manage department's financial, budget and tax management in Singapore.
• Develop and drive structured resource management framework for HR.

Skills

Strategic planning

Financial management

Analytical skills

Communication skills

Problem-solving

Education

Master’s or bachelor’s degree in Computer Science or related fields

Job description

Responsibilities

• Strategic Planning
  • Develop department’s goals, objectives and strategy to meet the bank’s business priorities and missions.
  • Establish business plan and strategy and drive plans toward set goals and objectives.
  • Develop and drive KPI targets & Balance Scorecard and assess performance against set targets.
  • Prepare, gather and analyse data (external and internal) to develop financial, operation and project reports for senior management’s review and decision making.
• Enterprise PMO
  • Develop and drive Enterprise PMO structure to optimise portfolio management, report process and risk monitoring criteria etc. for major IT projects and initiatives.
  • Organize, coordinate and support IT projects and initiatives and operations and management reporting.
• IT Enablement
  • Develop and drive Administration Center of Excellence to optimise administration work in business, IT planning and development of life cycle such as staff management, invoice management etc.
  • Develop and drive Procurement Centralization.
  • Develop and drive IT Training and Development Program.
  • Develop and maintain structured management reporting framework.
• Financial Management
  • Manage the department’s financial, budget and tax management (CAPEX and OPEX) in Singapore and APAC countries.
  • Gatekeeper in ensuring adhering to prevailing Financial, Taxation, head office policies, guidelines and operating processes.
  • Develop and drive structured resource management framework for HR and budgetary sustainability and adequacy.
  • Develop and drive financial management processes or workflow innovation or automation to optimise efficiency.

Requirements

• Master’s or bachelor’s degree in Computer Science, Management Information Science, Commerce, Business Administration, Banking and Finance or equivalent.
• Min. 5 years of work experience with the FI or banking industry, preferably with the Technology department.
• Experience in establishing and driving Business Management support for Technology department in the Asia Pacific region.
• Proven track record in planning and coordinating with businesses and IT teams in establishing IT strategy and providing regular tracking and reporting.
• Good knowledge and experience in managing IT financial, budget and resources covering CAPEX and OPEX, cost management and optimisation. Ability to control CAPEX spending and lower OPEX expense progressively.
• Good understanding of Banking Technology function and experience working with virtual teams in the Asia Pacific region.
• Ability to work in a fast-paced technical and business environment, and multitask whilst delivering high quality solutions.
• Excellent communication, influencing and negotiation skills.
• Strong analytical and problem-solving skills; and is detailed oriented.
• Strong innovative mentality and mindset.
• Experience in Corporate, Institution and/or Transaction Banking is a plus.
• Good understanding of MAS guidelines and Banking Act is an added advantage.
• Familiar in Project Life Cycle and System Development Life Cycle framework.
• Prior experience in establishing training and development framework for IT preferred.
• Japanese language proficiency will be advantageous due to requirements to liaise with Head Office.