Capital Deployment Strategy

Sumitomo Mitsui Banking Corporation•New York, NY

2d•$95,000 - $140,000•Hybrid

About The Position

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 $95,000.00 and $140,000.00. 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.Role DescriptionGeneral Team Description Strategic Development sits within Finance and supports enterprise-level strategic development efforts, including selective strategic transactions and other complex, non-routine initiatives. The team partners closely with Treasury, Legal, Risk, Tax, Operations, Technology, and business stakeholders, and works with external advisors as needed. Role Overview: The Associate, Strategic Development is a generalist execution role supporting enterprise-level strategic development work, including strategic transactions and special situations that shape the firm’s structure, footprint, and long-term positioning. The Associate partners day-to-day with a Vice President, Strategic Development and supports end-to-end execution by producing analyses, coordinating diligence and cross-functional inputs, and preparing governance-ready materials to enable timely decisions and efficient execution. This role is suited to a strong generalist with high capacity, strong work ethic, excellent attention to detail, and a bias for ownership and follow-through and able to deliver high-quality outputs under tight timelines and shifting priorities. Reporting Line: Reports to a Vice President, Strategic Development.

Requirements

3 to 6 years of relevant experience in investment banking, corporate development, private equity, strategy, or strategic finance, with exposure to transactions and/or complex cross-functional initiatives.
Strong financial analysis and modeling skills (valuation, sensitivities, scenario analysis) and high attention to detail.
Strong writing and synthesis skills; ability to translate complexity into clear, structured materials for decision-making.
Demonstrated ability to manage multiple stakeholders and deliver high-quality work under tight timelines.
High integrity and discretion in handling confidential matters.

Nice To Haves

Experience in a bank or regulated financial services environment.
Exposure to initiatives involving capital, funding, liquidity, balance sheet constraints, governance approvals, contractual complexity, or operational dependencies.
Demonstrated ability to operate as a generalist across ambiguous problem statements and shifting priorities while maintaining quality.

Responsibilities

Support evaluation and execution of strategic transactions and non-standard initiatives, including selective acquisitions/divestitures, partnerships, minority investments, carve-outs, internal restructurings, and other special situations.
Build structured analyses that clarify options, trade-offs, risks, and decision points for leadership.
Develop and maintain market, peer, and competitive context relevant to active initiatives and strategic alternatives.
Own defined transaction and initiative workstreams end-to-end, including analysis, coordination, drafting, and follow-through.
Build and review financial models and supporting analyses, including valuation, sensitivities, scenario comparisons, and impact assessments.
Support diligence execution for assigned workstreams by coordinating requests, organizing inputs, synthesizing findings, and surfacing key risks, gaps, and trade-offs for VP review.
Maintain a clear path for assigned workstreams (key deliverables, dependencies, approvals, and timing), escalating issues early with recommended paths forward.
Support close readiness and, where applicable, post-close or end-state implementation by tracking dependencies and ensuring follow-through across team
Coordinate inputs across Treasury, Legal, Risk, Tax, Operations, Technology, and business stakeholders to meet deadlines and maintain alignment.
Support assessment of capital, funding, balance sheet, and structural implications where relevant.
Run working sessions for assigned workstreams as needed: set up the discussion, align stakeholders on the question to be answered, capture decisions and next steps, and drive follow-through.
Draft and coordinate materials for internal management and governance forums, ensuring clarity on: What decision is needed and by when, Options and trade-offs, Key risks and mitigants, and Required approvals and dependencies.
Ensure materials are accurate, internally consistent, and decision-ready; incorporate stakeholder input cleanly and maintain controlled distribution for sensitive content.
Support day-to-day coordination with external advisors (investment banks, legal counsel, consultants), including organizing diligence streams, consolidating questions, tracking deliverables, and preparing internal readouts.
Quality-control advisor outputs for consistency and completeness; highlight gaps and decision points to the VP.
Handle sensitive and confidential information with strong judgment and discretion, following internal information handling protocols and appropriate distribution practices.