Jobs

CFO IT Platforms Lead - Director


Job details
  • Sumitomo Mitsui Banking Corporation – SMBC Group
  • London
  • 1 week ago

This new position is for an experienced Engineering Leader who understands requirements and priorities of EMEA Banks and Capital Markets Chief Financial Officer (CFO) domain. The position holder will be required to define technical strategy, architecture and roadmaps, and manage the existing and new technology services and solutions for this domain in collaboration with other SMBC IT areas, and play an active leadership role within EMEA Cross-Product Platforms Technology team.


Department and Role Overview


EMEA Cross-Product Platforms Technology team delivers and supports critical systems used across SMBC EMEA 1st and 2nd lines of defense functions including Compliance, Finance, Risk, Regulatory Reporting, HR, Data Management and other business and corporate operations areas


The purpose of this role is to provide:

  • Service Ownership of EMEA CFO platforms and applications
  • Analysis of existing and definition of target state CFO IT architecture and solutions in partnership with other SMBC and vendor teams
  • Delivery of major CFO data and reporting architecture migrations from legacy existing to strategic new technologies
  • Stakeholder engagement of EMEA CFO and other associated areas receiving CFO IT services
  • Line management of permanent, temporary and vendor staff responsible for delivery and support of CFO IT platforms
  • Accountability for external third-party vendors and other internal IT teams involved in delivery and support of CFO IT services
  • Management of relationships with external third-party vendors and other internal SMBC IT teams


Accountabilities & Responsibilities:

  • Domain Architecture, Solution Design, Implementation and Service Ownership of EMEA CFO Systems
  • Stakeholder management of EMEA CFO teams in London and other SMBC EMEA locations
  • Audit & Regulatory responses on behalf of IT
  • Line Management and Direction Setting for CFO IT staff and other related teams


Key competencies for this role include:

  • 15 + years of experience in similar technology management role within Banking CFO, Financial Regulatory or Risk IT domains
  • Extensive knowledge of CFO & Financial Regulatory Domain within Commercial, Corporate and Investment Banking across EMEA
  • Experience in CFO & Financial Regulatory domain specific technology, process, data, and reporting architectures
  • Experience managing complex vendor relationships and direct interaction with vendor software development and support teams responsible for modern and legacy compliance and regulatory solutions
  • Experience in RFPs, vendor selection, contract management and negotiation of contracts and statements of work for software licenses, support and professional services
  • Experience in managing portfolio and implementing in-house and vendor solutions on premise and on cloud including SaaS solutions
  • Experience in system integration to source and process data required to meet CFO regulatory reporting requirements, workflow, disclosures, and internal reporting
  • Excellent communication skills with stakeholders at all levels including the most senior level in the Bank and with third parties, including the ability to set and explain Technology changes to a non-technical audience and de-escalate issues and business impact caused by incidents
  • Ability to think strategically in terms of value creation, coupled with a strong commercial acumen
  • Leadership skills at an Enterprise level to motivate and inspire direct, indirect reports and other stakeholders
  • Ability to operate, influence and provide thought leadership globally, building trusted partnerships with other IT and non-IT teams
  • Experience in management and in depth understanding of the IT and business change delivery processes
  • Thorough understanding of IT controls and software development lifecycle
  • Working knowledge of Agile methodologies and ability to lead Agile delivery and teams
  • Strong problem-solving skills and ability to constructively challenge, make recommendations and design solutions
  • Positive mindset to drive excellence and continual improvement in IT service delivery
  • Effective corporate culture carrier, diversity and inclusion leader and sustainability champion


Facts & Scale:

  • CFO Stakeholders of all EMEA legal entities and branches e.g., UK, Germany, France, Belgium, Netherlands, Italy, Dubai etc
  • Systems include Oracle Financial Ledges, Regulatory Reporting applications (Suade, WKFS, BAIS, FIS, etc), in-house Data, ETL, Analytics and Reporting solutions
  • Annual budget over USD 5 MM
  • Direct team under 10, indirect team over 20
  • Global and regional corporate applications, vendor and in-house on-prem and cloud based solutions
  • Data Lakes & Analytics, Intelligent Automation, Digital Workflow, AI & Data Science architecture opportunities


Qualifications - Not essential as experience will play a large factor

  • University Degree (or equivalent) in Computer Science, Engineering, Finance, Business or other similar subjects
  • Agile Scrum Certification
  • PRINCE2 or other Project Management qualification
  • Business Analysis Certification
  • Accountancy or other Financial Qualifications

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