Senior Compliance Program Manager - Director - SMBC
New York, NY 10172
About the Job
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 Rail Services LLC, Manufacturers Bank, 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 $161,000.00 and $231,000.00. 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 Description
SMBC would like to hire a Senior Compliance Program Manager who would be responsible for the execution of tasks to support senior management within the Americas Division Compliance Department (i.e., Compliance Administrative Officer and Chief Compliance Officer).
Role Objectives
- Assist with the management and oversight of the Americas Division Compliance Department (CPAD).
- Provide broad support to the Compliance Administrative Office to assist with the ongoing responsibilities of the Office, including but not limited to:
- Identification of key areas for improvement;
- Preparation of plans to support key strategic initiatives;
- Proactive management of regulatory issues with relevant stakeholders;
- Close partnership with SMEs to determine broad implications of regulatory changes and industry events;
- Analyze and synthesize important Compliance trends, and escalate as appropriate;
- Support stakeholders on special projects and program buildouts (e.g., ESG and Privacy);
- Facilitate reporting to the Board and Senior Management, ensuring their needs and concerns are appropriately addressed and that information is both timely and accurate.
- Liaise with the Corporate Secretary and Regulatory Relations teams to:
- Maintain a clear view of upcoming regulatory and Board deliverables and ensure relevant stakeholders action as appropriate;
- Provide strategic guidance and advice on regulatory engagements and Board deliverables;
- Prepare stakeholders for engagements with regulators and Board members;
- Develop a robust understanding of the Department’s regulatory and Board priorities, to ensure that they are fulfilled as necessary;
- Develop an understanding of the broader regulatory landscape to keep stakeholders updated on trends and expected changes.
- Support engagement with Internal Audit and advise on related action plans.
- Draft and review communications tailored to the applicable audience from Department leaders.
- Assist with drafting and implementing policies and procedures to improve the Department’s efficiency.
- Promote organizational culture and work to improve the overall health of the organization through employee engagement, collaboration and values alignment.
- Build relationships and collaborate with teams across the firm to achieve SMBC’s goals.
Qualifications and Skills
- 5-10 years of experience in financial services, law, consulting or a related field;
- Strong communication skills including the ability to synthesize information complex ideas in a clear and concise manner;
- Proven ability to manage multiple and often competing priorities with a track record of successful execution;
- Proficient with MS Suite - Excel, Word, PowerPoint, SharePoint;
- Bachelor’s Degree required - Masters or JD are preferred.
Additional Requirements
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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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.
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.