Executive Director, Strategic Development

Sumitomo Mitsui Banking Corporation•New York, NY

1d•$233,000 - $248,000•Hybrid

About The Position

The Executive Director, Strategic Development is a senior generalist role responsible for advancing enterprise‑level strategic development efforts, including selective corporate transactions and complex, non‑routine initiatives, and for serving as a trusted execution partner to senior leadership. The role focuses on high‑impact situations that shape the firm’s structure, footprint, and long‑term positioning, requiring judgment, discretion, and end‑to-end ownership of analysis and execution. It is designed for an experienced corporate development or business development professional who thrives in ambiguity and prefers broad responsibility over narrow specialization. This position sits within Finance and works closely with Treasury, Legal, Risk, and external advisors to evaluate strategic alternatives, advance development initiatives, and execute transactions where financial, funding, or balance‑sheet considerations are relevant inputs to decision‑making. The role reports directly to the Head of the Strategic Development and operates with delegated authority, leading execution and analysis while aligning closely with the Head on strategic direction, key decisions, and external engagement.

Requirements

10+ years of experience in investment banking, corporate development, private equity, or strategic finance, with meaningful exposure to complex transactions or enterprise‑level initiatives.
Demonstrated leadership of non‑routine, high‑impact transactions or strategic initiatives, particularly those involving multiple stakeholders, regulatory considerations, or structural complexity.
Proven ability to operate as a generalist execution lead, owning outcomes rather than a single functional specialty.
Strong financial analysis, valuation, and transaction structuring skills.

Nice To Haves

Sound judgment and comfort making decisions with imperfect information.
Ability to distinguish what is critical versus what can be delegated.
Experience using external advisors effectively without outsourcing accountability.
Executive presence and the ability to communicate clearly and credibly with senior stakeholders.
Motivation to act as a trusted deputy and execution partner, rather than an independent decision‑maker or narrow subject‑matter expert.

Responsibilities

Serve as internal execution lead for strategic development initiatives and special situations, including selective acquisitions, divestitures, restructurings, and strategic alternatives such as internal restructurings or carve‑outs, partnerships or minority investments, and other non‑standard initiatives.
Partner with the Head of the Strategic Development, the CEO, CFO, and senior leadership to identify, shape, and evaluate inorganic and strategic opportunities in line with enterprise objectives.
Lead assessment of market conditions, peer activity, and competitive dynamics to inform development priorities and option‑setting.
Evaluate potential transaction or partnership structures, execution considerations, and key trade‑offs, including financial and capital implications where relevant, and develop clear recommendations for leadership decision‑making.
Where transactions are pursued, own execution across the full transaction lifecycle, including investment thesis development, valuation, diligence coordination, structuring, negotiation support, execution through close, and post‑close or end‑state implementation.
Prepare and present analyses, risk assessments, and decision materials for executive management and governance forums, advancing well‑reasoned recommendations for alignment and approval.
Lead execution of high‑complexity, non‑routine initiatives and transactions, coordinating across lines of business and with Finance, Treasury, Legal, Tax, Risk, Operations, Technology, and external advisors.
Act as the quarterback for complex initiatives, maintaining ownership of the critical path, resolving issues, and driving momentum under tight timelines and incomplete information.
Coordinate closely with external advisors engaged by the firm (e.g., investment banks, legal counsel, consultants), managing day‑to-day execution while aligning scope, direction, and key interactions with the Head of the Strategic Development.
Anticipate and manage execution risks related to structure, timing, regulatory considerations, contractual complexity, and operational dependencies.
Serve as a trusted execution partner to the Head of the Strategic Development, leading analysis and execution and advancing recommendations within an agreed decision envelope, while escalating key decisions and trade‑offs for alignment.
Represent senior leadership in internal and external forums as appropriate, with accountability for preparation, execution, and follow‑through.
Absorb complexity, synthesize competing inputs, and deliver clear, judgment‑based conclusions to support timely decision‑making.