Job Description

Job Description

About the Bank

Sumitomo Mitsui Trust Bank, Limited was established through the merger of The Sumitomo Trust and Banking Co., Ltd with Chuo Mitsui Trust and Banking, Ltd. on April 1, 2012. We are the largest asset manager in Asia and number one among Japanese financial institutions by AUM, with $1,142 Billion USD in AUM. The Bank provides an assortment of financial solutions and manages a broad spectrum of financial products across its global branches.
Department Overview

The Americas Division (“AD”) was established in the Sumitomo Mitsui Trust Bank, Limited, New York Branch) (“SMTBNY”) to perform corporate functions and supervise U.S. entities. Established under the AD are the “Global Banking Unit (“GBU”), Americas Division” and “Global Markets Unit (“GMU”), Americas Division” which performs business functions. Acting as back office to the Branch’s Global Banking Unit, Loan Operations Department (“LOP”) is responsible for performing operational and administrative duties for booking and maintaining a wide range of credit-based products upon closing and throughout the life of transactions. The Department also provides certain check and balance points.

Position Overview

Provides support to the Loan Operations Departments, assisting with maintenance and enhancement of End User Computing applications (“EUC”).

Fully knowledgeable on the day-to-day activities, resolves complex issues where expertise is required to interpret policies, guidelines, and practice. May be considered a subject matter expert for one or more functions or processes. Focus on operational execution and occasional broader enhancement planning within areas of expertise. May have direct report subordinate staff.

Duties and Responsibilities:

1. Responsible for development, maintenance, automation, and enhancement of workflows related to LOP.
2. Facilitates the development, design, and maintenance of Excel and Access templates as well as SQL queries, utilizing SQL programming languages.
3. Evaluating business processes, anticipating requirements, uncovering areas for improvement, and developing and implementing solutions.
4. Coordinates and liaisons on behalf of LOP with IT Department (ITD) for revisions, developments, and enhancements of new and existing modules with the Front Office.
5. Analyze existing software applications to understand and document functionality.
6. Identify and communicate with key stakeholders. Liaise between various business departments and groups.
7. Assess options for process improvement, including business process modeling.
8. Maintain documentation regarding various projects, process, and operations.
9. Collaborate with project managers and business analysts in the other department as well as ITD to enhance the Banks’s operation efficiency and resilience.
10. Participates in new projects and cooperates with other project/department members.
11. Achieves departmental cost savings through the prudent use of resources. Prevents potential liabilities by adhering to procedures and regulations.
12. Performs other duties and responsibilities as assigned by management

Knowledge, Skills, and Abilities:

1. Bachelor’s degree in Computer Science or its equivalent, with 5+ years of relevant work experience in a financial institution
2. Strong proficiency in Microsoft Office applications including Excel, Word, PowerPoint, Access, Excel, and SQL.
3. Familiarity with industry technology systems to gather data, problem solve and fully understand IT system requests. Document the request into project that is fully and easily understandable by ITD.
4. Prior experience of Business Analyst and/or banking operation such as Loan Operation preferred.
5. Ability to effectively communicate and influence key stakeholders to support proposed strategies, process improvements and operational decisions
6. Resourcefulness and ability to devise creative solutions to problems
7. Experience testing and mapping various business processes and protocols
8. Excellent communication skills.