Compliance Infrastructure Advisory

This individual will lead the infrastructure advisory team and partner with the overall compliance team and management in communicating the company's culture of compliance. This individual will be responsible for bank, broker-dealer and swap dealer regulatory compliance across support functions. The individual will be responsible for the coordination and timely updates of rule changes, management reports, policies, procedures, compliance reminders as well as responses to support regulatory inquiries, examinations, audits and monitoring and testing. The individual must be familiar with US banking, securities and swap dealer laws and regulations, and must have the requisite expertise to opine on the adequacy and effectiveness of compliance processes.

SCOPE

Provide advice and oversight of SMBC's infrastructure compliance program, including bank, securities and swap dealer laws and regulations. This position has 3 direct reports.

• Coordinate bank, broker-dealer, and swap dealer regulatory Compliance programs across SMBC's Americas Division for all support functions.
• Oversee and provide compliance advisory coverage and guidance to all support functions.
• Provide compliance subject matter expertise for some bank, Swap dealer and Broker dealer regulations applicable to support functions (e.g., Operations, IT, and Risk).
• Manage compliance with certain SMBC obligations, including, for example, the accuracy, completeness and delivery of confirmations.
• Review and update bank, broker-dealer, and swap dealer regulatory compliance policies and related procedures.
• Create and deliver compliance training program as a subject matter expert by drafting appropriate training materials and conducting trainings, as required.
• Coordinate with Compliance surveillance and testing teams, including by reviewing surveillance and other control reports and developing or enhancing controls where needed.
• Review and supplement annual and ad hoc risk assessment exercises
• Participate in Firm committees as a bank, broker-dealer, and swap dealer regulatory compliance subject matter expert.

• Minimum 15 years of experience in financial services including regulatory related work;
• Exceptional organizational and time management skills are essential.
• Knowledge of securities businesses in order to determine appropriate control points where one might intercede to manage compliance and effective internal controls.
• Knowledge of the markets in order to benchmark SMBC's practices to those of the marketplace.
• Excellent judgment in handling complex and highly confidential matters with unquestionable character, integrity and professionalism.
• Capability to drive consensus and, where appropriate, to take a firm position even in the absence of broad-based support.
• Analytical knowledge of complex products, issues and people and the mix of those - and the operational, financial, systemic, and risk management processes around such products and services.
• Excellent written and oral communication skills.
• Ability to create clear, convincing and well-organized presentations and communications.
• Experience working for a non-U.S. bank / broker dealer is highly desirable.
• Familiarity with U.S. legal and regulatory requirements applicable to non-U.S. financial institutions engaged in corporate banking and institutional trading & sales activities is highly desirable.
• Experience dealing with U.S. banking and securities regulators, including the Federal Reserve, SEC/FINRA, and CFTC/NFA, is preferred but not required.

• 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.

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