Cash Management: ASSOCIATE - Business Analyst

SMBC Group; New York (NY); Hybrid; USD 80,000 - 115,000; Full time

Job summary

An established industry player is seeking a Business Analyst for their Cash Management group. This role entails analyzing client needs and business requirements to support a significant Cash Management Initiative. You will work closely with various teams to enhance product offerings and ensure alignment with client expectations. This position offers a competitive salary and a hybrid work model, making it an excellent opportunity for those looking to thrive in a dynamic financial environment. If you have a knack for data analysis and a passion for problem-solving, this role could be your next career move.

Qualifications

• 3+ years of experience in business analysis within financial services.
• Strong analytical skills with a customer-focused approach.

Responsibilities

• Analyze client and business requirements for Cash Management.
• Collaborate with cross-functional teams to define program scope.

Skills

Business Analysis

Data Analysis

Problem-Solving

Effective Communication

Stakeholder Influence

Education

Bachelor's Degree

Job description

Cash Management: ASSOCIATE - Business Analyst

Join to apply for the Cash Management: ASSOCIATE - Business Analyst role at SMBC Group.

SMBC Group is a top-tier global financial group headquartered in Tokyo with a 400-year history. It offers diverse financial services including banking, leasing, securities, credit cards, and consumer finance. The Group has over 130 offices and 80,000 employees across nearly 40 countries. It is part of Sumitomo Mitsui Financial Group (SMFG), one of Japan's three largest banking groups, with shares traded on the Tokyo, Nagoya, and NYSE markets.

In the Americas, SMBC Group operates in the US, Canada, Mexico, Brazil, Chile, Colombia, and Peru, providing a range of banking services to corporate, institutional, and municipal clients through its extensive network.

The role offers an anticipated salary between $80,000 and $115,000, based on experience and qualifications, and may include an annual discretionary incentive. SMBC also provides a competitive benefits package.

Role Description

The Business Analyst in the Cash Management group within Corporate Banking analyzes client and business requirements, supporting the bank’s new Cash Management Initiative aimed at rebuilding capabilities for corporate clients.

Key Responsibilities

1. Resolve conflicts within and between functional areas, implementing necessary changes.
2. Define and design scope for program epics and features.
3. Analyze and design around business requirements and specifications.
4. Leverage client input in analytics development.
5. Review features and stories for application enhancements.
6. Collaborate within cross-functional agile teams.
7. Define acceptance criteria and scope for testing.
8. Document business stories, interface requirements, workflows, and presentations.

Interpersonal Objectives

Work with colleagues across treasury, product development, legal, compliance, risk management, marketing, and digital teams to clarify product features, ensure relevance, and coordinate offerings.

Expertise and Skills

• Strong business and data analysis skills.
• Excellent problem-solving and analytical skills for corporate services.
• Customer-focused approach.
• Ability to analyze data and develop insights into future use cases.
• Effective communication skills, both verbal and written.
• Ability to influence stakeholders and work within regulated environments.

Qualifications

Recommended experience: 3 years.

SMBC offers a hybrid work model, requiring employees to live within a reasonable commute. Accommodations are available for applicants with disabilities.

Additional Details

• Seniority level: Associate
• Employment type: Full-time
• Job functions: Research, Analysis, IT
• Industries: Banking, Financial Services, IT