Vice President, Control Design and Monitoring

The Business Control Office (BCO) has the responsibility to ensure the implementation of consistent risk control frameworks and establishment of efficient risk controls across SMBC Group AD. The Control Design and Monitoring function is a central BCO function responsible for overall development and execution of 1st line control testing and monitoring program. The BCO Control Testing and Monitoring role will provide support in establishment of control monitoring routines and conduct control testing to maintain a strong control environment across Americas Division. The position requires effective interaction with various Business Units to gain an understanding of the current process and controls for control testing and monitoring and help remediate any gaps/ findings. This position will help enhance the controls through process deep dives, root cause analysis, developing process maps and overall assistance with the design and execution of control effectiveness assessments.

• Review and evaluate internal key controls in Banking, Capital Markets and Sales and Trading risk areas to ensure compliance with internal policies and applicable rules, laws and regulations
• Develop Control Monitoring/ Testing routines with detailed documentation, walkthroughs, analysis and evaluation of the current processes
• Assess the effectiveness of the controls and make recommendations for enhancement and strengthening of the control environment
• Prepare detailed work-papers and Monitoring results reports summarizing scope, methodology, and significant conclusions of testing/ monitoring performed within prescribed time frames
• Clearly communicate the Program requirements and the results with stakeholders and drive remediation where needed
• Assist in the reporting and tracking of identified issues and corrective action plans to validate remediation efforts.
• Perform deep dives of Front Office processes to identify areas of control weaknesses and process inefficiencies that may need enhancement.

• 5+ year experience in Audit/ Operational Risk/ First Line Control Testing with strong understanding and knowledge of financial services industry including Corporate Lending, Capital Markets and Sales and Trading business.
• Detail oriented, with proven ability to question the status quo and apply risk management principles to enhance processes, as appropriate.
• Ability to document Control testing findings and perform trend analysis and report production.
• Expertise in control frameworks, control assessment and control monitoring programs.
• Expertise in process and control design, including process mapping and process reengineering.
• Exceptional communication (both written and verbal) and time management ability.
• Proactive self-starter with ability to prioritize efforts across multiple projects and manage competing deadlines.
• Experience interacting with senior management within a business environment.
• Strong critical thinking, analytical and organizational skills
• Expertise in Microsoft Office Suite (Outlook, Excel, Word, PowerPoint)

D&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.