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 $190,000.00 and $220,000.00. 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 DescriptionOverview
Sumitomo Mitsui Banking Corporation (SMBC) is hiring a Product Solution Owner within the US Cash Management division.
The Product Solution Owner will play a pivotal role in transforming SMBC’s Cash Management product suite. This role is responsible for successful delivery of enterprise solutions, defining the vision for SMBC Cash Management, aligning the Agile Release Train (ART) and its stakeholders to this vision, and coordinating product development progress across multiple ARTs. The Solution Owner will lead interactions with stakeholders, business owners, and ART leadership. The ideal candidate will have extensive experience working in agile environments and managing product development roadmaps.
Role Objectives: DeliveryResponsibilities:
· Define and articulate a clear, compelling product vision for SMBC’s Cash Management solutions in conjunction with business leadership
· Communicate the product vision effectively to stakeholders, scrum teams, and ART leadership to ensure alignment and understanding
· Oversee a group of direct reports, including all Product Owners and business analysts within the Cash Management division, to ensure the development of high quality outputs
· Make informed, day-to-day decisions on product builds within the Cash Management scrum teams to drive the development of a new product suite
· Champion a customer-centric approach to product development, ensuring user journeys and business value are at the forefront
· Translate business value and user feedback into actionable product developments
· Partner with architects and technology subject matter experts to define solution epics and capabilities, ensuring feasibility and timely delivery
· Track product-specific KPIs post-launch, regularly updating stakeholders and initiating corrective actions as necessary
· Manage a high-level product roadmap across multiple ARTs, creating MVPs and adjusting based on leading indicators and market feedback
· Continually prioritize the Solution Train capacity and backlog based on KPIs, market needs, and business and strategic goals
· Actively participate in Pre-Program Increment (PI) and PI Planning sessions to ensure that scrum team activities align with both short-term and long-term business objectives
Qualifications and SkillsRecommended years of experience: 15
Qualifications:
· Extensive experience in product management, with a strong understanding of cash management concepts, including payments, receivables, liquidity, and fraud management
· Proven ability to define and communicate a clear product vision
· Collaborative, startup mindset and willingness to push for innovative solutions
· Strong leadership and decision-making skills, with the ability to navigate complex solution environments
· Experience in managing product roadmaps and backlogs, with a focus on customer-centric development
· Excellent stakeholder management and communication skills
· Familiarity with Agile Release Trains (ARTs) and Scaled Agile Framework (SAFe) is highly desirable
· Experience working with digital collaboration tools like Miro and JIRA
· Strong analytical skills with the ability to track and report on KPIs and make data-driven decisions
· Ability to work collaboratively with architects, technology experts, and business owners
Additional RequirementsD&I Commitment
Responsible for fostering a culture of diversity and inclusion, holding leaders accountable for creating an inclusive environment through awareness and practice of equity in recruiting, developing, and promoting diverse talent.
SMBC’s employees participate in a Hybrid workforce model that provides employees with an opportunity to work from home, as well as, from an SMBC office. SMBC requires that employees live within a reasonable commuting distance of their office location. Prospective candidates will learn more about their specific hybrid work schedule during their interview process. Hybrid work may not be permitted for certain roles, including, for example, certain FINRA-registered roles for which in-office attendance for the entire workweek is required.
We are an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, disability status, protected veteran status or any other characteristic protected by law. SMBC provides reasonable accommodations for employees and applicants with disabilities consistent with applicable law. If you need a reasonable accommodation during the application process, please let us know at accommodations@smbcgroup.com.