Hybrid Broker-Dealer Compliance Advisory

at Sumitomo Mitsui Banking Corporation – SMBC Group

• Job title: Broker-Dealer Compliance Advisory
• Job type: Full Time
• Experience level: Senior, Lead
• Salary: $248,000 - $285,000 per year
• Degree requirement: Bachelor's Degree
• Location requirements: Hybrid, New York City, United States

About the role

• Compliance Advisory Executive Director at SMBC Nikko Securities managing Advisory Compliance for Securitized Products Group with a focus on regulatory and compliance matters.

Responsibilities

• Provides regulatory and compliance advice, identifying training needs, preparing and providing training to the relevant business units.
• Provides advice on regulatory and compliance requirements to business unit staff so that they may conduct their business in conformance with regulatory requirements.
• Advises and provides regulatory guidance on establishing a reasonably designed supervisory system including to create and update written supervisory procedures.
• Participates in and may conduct monthly meetings with business unit management to proactively identify emerging business issues and discuss related or new regulatory requirements.
• Supports interactions with regulators and Interfaces with Internal Audit during compliance related examinations / audits related to coverage area.
• Assists central Compliance team in researching and drafting responses to regulatory inquiries.
• Advises business units on the maintenance of their policies and procedures with focus on current compliance framework as reference point.
• Coordinates and collaborates with affiliates to address cross border issues, reporting requests and special projects.
• Seeks operational efficiencies and automation of processes to reduce risk of manual processes.
• Contributes to various reporting requirements and other ad hoc investigations.
• Works closely with other supporting units to help create and maintain best practice across the Firm.

Requirements

• [10-15+] years of regulatory and/or advisory compliance experience at a broker dealer in securitized products and/or related topics.
• A solid foundation in US securities laws and regulations and broker dealer operations.
• Ability to communicate this knowledge and applicability to SMBC Nikko Securities America, Inc. and affiliate operations.
• Understanding of the products, services and business of SMBC Nikko Securities America, Inc. and affiliates.
• Ability to manage multiple assignments and build consensus among stakeholders.
• Ability to translate technical subject matter and convey it in easily understandable components for the clients.
• Attention to detail and discipline to follow up on issues until resolved.
• Must be well organized with project management skills.
• BA/BS required.
• Series 7, 24, 79 a plus.

Benefits

• Competitive portfolio of benefits to employees