Associate, FCC Compliance Program Governance

Sumitomo Mitsui Banking • Jersey City, NJ

397d • $82,000 - $132,000 • Hybrid

About The Position

SMBC is seeking an Associate to join the Program Governance team of SMBC Americas Division. This role contributes to the overall success of the Compliance Department by assisting with key processes to support effective operation of the department. Responsibilities for this position include supporting development and tracking of an Annual Compliance Plan, managing headcount reporting, and assisting with Compliance business continuity and capacity planning. The selected candidate will have an opportunity to gain exposure to broad areas of Compliance and will work closely with senior members of the department across multiple entities and business lines. This role will report into the VP of Financial Crime Compliance Program Governance.

Requirements

• Minimum 4 years of experience in financial services
• Prior experience working in the compliance department of a large U.S. or foreign bank preferred
• Bachelor's degree required, with advanced degree in Business Management, Accounting or related field preferred
• Excellent project management skills and a proven track record of successfully managing competing priorities and deadlines
• Highly detail-oriented and ability to manage large volumes of information
• Strong analytical, problem-solving, and organizational skills
• Strong written and verbal communication skills
• Time management skills, including the ability to prioritize and allot time across different tasks
• Collaborative mindset and commitment to work with and support colleagues
• Proficiency required in Excel (pivot table and reporting, power pivot, advanced conditional formatting, and data simulation) and in creating engaging PowerPoint presentations (creating and formatting templates, designing graphs and charts, creating interactive slideshows)
• Sound judgment in handling complex, confidential matters with integrity and professionalism

Responsibilities

• Support development of the Annual Compliance Plan and the identification of strategic Compliance priorities in consultation with Financial Crime Compliance Department senior staff
• Track Annual Compliance Plan progress and prepare management reporting
• Maintain organizational charts of the department and track open roles
• Produce headcount and hiring metrics to support efficient decision-making around staffing
• Identify opportunities to optimize and automate current processes for headcount tracking
• Support the annual Staffing Needs Assessment exercise to evaluate current resources, including assisting with data collection and analysis, and preparing initial and final results for presentation to Compliance management
• Facilitate the annual budget process to identify expenses for the year in consideration of key risk areas, new initiatives, and overall Compliance strategy
• Provide support on ad hoc assignments and projects, as necessary

Benefits

• Competitive portfolio of benefits
• Annual discretionary incentive award

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Industry: Credit Intermediation and Related Activities
• Education Level: Bachelor's degree
• Number of Employees: 5,001-10,000 employees