IT Assurance Vice President

SMBC Group is a top-tier global financial group. Headquartered in Tokyo and with a 400-year history, SMBC Group offers a diverse range of financial services, including banking, leasing, securities, credit cards, and consumer finance. The Group has more than 130 offices and 80,000 employees worldwide in nearly 40 countries. Sumitomo Mitsui Financial Group, Inc. (SMFG) is the holding company of SMBC Group, which is one of the three largest banking groups in Japan.

SMFG’s shares trade on the Tokyo, Nagoya, and New York (NYSE: SMFG) stock exchanges.

In the Americas, SMBC Group has a presence in the US, Canada, Mexico, Brazil, Chile, Colombia, and Peru. Backed by the capital strength of SMBC Group and the value of its relationships in Asia, the Group offers a range of commercial and investment banking services to its corporate, institutional, and municipal clients. It connects a diverse client base to local markets and the organization’s extensive global network.

The Group’s operating companies in the Americas include Sumitomo Mitsui Banking Corp. (SMBC), SMBC Nikko Securities America, Inc., SMBC Capital Markets, Inc., SMBC MANUBANK, JRI America, Inc., SMBC Leasing and Finance, Inc., Banco Sumitomo Mitsui Brasileiro S.A., and Sumitomo Mitsui Finance and Leasing Co., Ltd.

The anticipated salary range for this role is between $and $. The specific salary offered to an applicant will be based on their individual qualifications, experiences, and an analysis of the current compensation paid in their geography and the market for similar roles at the time of hire. The role may also be eligible for an annual discretionary incentive award. In addition to cash compensation, SMBC offers a competitive portfolio of benefits to its employees.

We are seeking an experienced Vice President (VP) for SMBC’s Finance Control Oversight (FCO) IT Assurance group. The VP will support the Head of IT Assurance by leading complex technology control assessments, finance transformation and system implementation reviews, and other internal control initiatives. The role will assess IT general controls (ITGC), IT application and automated controls (ITAC), data controls, key reports, system interfaces, and other technology dependencies supporting financial and regulatory reporting.

The VP will support service organization control report reviews and perform work aligned with applicable PCAOB and AICPA standards, COSO 2013, and COBIT.

The position is located at 200 Hudson Street, Jersey City. This position reports to the FCO IT Assurance Head within SMBC’s SPDAD-FAD Accounting – FCO group. This is a non-supervisory role; however, the VP will lead work streams, review work performed by associates and consultants, and provide coaching and technical guidance.

• Lead integrated reviews of business and technology processes, applications, infrastructure, and third-party services supporting Finance.
• Lead and manage IT control assessments of financial systems, including general ledger platforms, covering IT general controls, IT application and automated controls, data controls, key reports, system interfaces, and system-generated information used in financial and regulatory reporting.
• Assess technology controls supporting ICFR, SOX, CCAR, RCSA, regulatory reporting, and other applicable internal control programs.
• Analyze processes, risks, and controls across the technology environment; identify improvement opportunities, recommend practical solutions, and drive resolution of deficiencies with management.
• Perform Tests of Design (TOD) and Tests of Operating Effectiveness (TOE) for IT-related internal controls.
• Review testing documentation, evidence, findings, conclusions, executive summaries, and final reports…