Vice President, IT Planning

Sumitomo Mitsui Banking Corporation; Singapore; On-site; SGD 80,000 - 120,000; Full time

Job summary

A leading global financial institution in Singapore is seeking an experienced professional for a key role focusing on financial management and IT strategy. The ideal candidate will have a master's or bachelor's degree in relevant fields and a minimum of 5 years of experience in the financial or banking industry, preferably within the Technology department. This position requires strong analytical skills, the ability to manage budgets and deliver high-quality solutions in a fast-paced environment, as well as excellent communication capabilities.

Qualifications

• Minimum 5 years of experience in the financial institution or banking industry, preferably in Technology.
• Proven track record in IT strategy planning and reporting.
• Good understanding of Banking Technology functions.
• Ability to work in a fast-paced environment and multitask.

Responsibilities

• Develop department goals and strategies aligned with business priorities.
• Manage financial and budget oversight across Singapore and APAC.
• Support IT project monitoring and reporting.
• Coordinate business management for Technology department.

Skills

Financial management

IT strategy planning

Analytical skills

Communication

Project management

Problem-solving

Negotiation skills

Multitasking

Education

Master’s or bachelor’s in Computer Science, Information Science, or equivalent

Job description

Headquartered in Tokyo, Sumitomo Mitsui Banking Corporation (SMBC) is a leading global financial institution and a core member of Sumitomo Mitsui Financial Group (SMBC Group). Built upon our rich Japanese heritage since 1876, we put our customers first and provide seamless access to, from and within the Asia Pacific region. SMBC is one of the largest Japanese banks by assets and maintain strong credit ratings across our global integrated network. We work closely as one SMBC Group to offer personal, corporate and investment banking services to meet the needs of our customers.

With sustainability embedded within our strategy and operations, we are committed to creating a society in which today’s generation can enjoy economic prosperity and well-being, and pass it on to future generations.

Responsibilities

Strategy 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 Centre 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.

Project Portfolio Management

• Formulate, improve PPM framework regularly based on industry best practices.
• Support and guide project member to follow, onboard PPM framework.
• Portfolio Monitoring & Reporting by performing periodic spot-checks on selected projects to assess health status across scope, schedule, cost, risks, issues, dependencies, PM best practices.

Requirements

• Master’s or bachelor’s degree in Computer Science, Manage 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 Tokyo Head Office.