AFC Specialist - Regulatory Change & Framework - Assistant Vice President (m/w/d)
Düsseldorf, DE, 40474
SMBC: A trusted partner for the long term
Here at SMBC Group, we want to help you find the next step in your career so read on to discover if this opportunity is the one for you. We like to recognise potential in our people, so we welcome your application even when your experience doesn’t perfectly align with the job description. Whilst we’ll always strive to be better, we’re proud of our inclusive culture, and encourage our applicants and colleagues to be their authentic, unique selves.
Who we are
United by a sense of purpose towards our customers – to be a trusted partner for the long-term – and our universal banking platform in EMEA, SMBC Group has an international growth agenda and award-winning products, meaning we provide exciting opportunities to work on a diverse range of projects and initiatives. We deliver a full suite of corporate finance products and solutions to our customers as well as investment banking and advisory services, and a range of innovative solutions in global capital markets. Read on to find out how you could enhance your skills and gain valuable experience, by joining us to support our clients transition to a sustainable future.
Role Summary
Is the next step in your career at SMBC Group EMEA?
We're looking for a Junior AFC Specialist – Regulatory Change & Framework to join our Anti-Financial Crime (AFC) team.
This role offers the opportunity to play a key part in strengthening SMBC's Anti-Financial Crime framework by supporting the implementation of regulatory change initiatives, maintaining AML policies and procedures, and providing subject matter expertise across the organisation. You will work closely with Compliance, Financial Crime, Front Office, Senior Management, and regulatory stakeholders to ensure the Bank continues to meet its regulatory obligations and effectively manages financial crime risks.
In this role you will be responsible for:
- Supporting the implementation of regulatory developments and changes within the Bank's AFC framework, policies, standards, and procedures
- Providing AML advisory support and subject matter expertise to internal stakeholders across the business
- Assessing the impact of regulatory developments on the Bank's Anti-Financial Crime framework and supporting related enhancement initiatives
For you to succeed in the role, you'll need to have:
- Strong experience within Anti-Financial Crime, Compliance, Audit, or a related financial services environment
- Sound knowledge of European AML regulations and frameworks, including German regulatory requirements
- The ability to make risk-based decisions and manage financial crime risks within established governance frameworks
The anticipated salary range for this role is €64,000 - €96,000, with the final offer determined based on the candidate’s skills, experience, role scope, location, and relevant market factors. In addition to base salary, the role may be eligible for a discretionary incentive award and a competitive benefits package, including core benefits such as pension provision.
Position Description
About this role
The Junior AFC Specialist – Regulatory Change & Framework plays an important role in supporting SMBC's Anti-Financial Crime Compliance function. The role focuses on the implementation of regulatory changes, enhancement of the AFC framework, and maintenance of AML policies, standards, and procedures to ensure compliance with applicable regulatory requirements.
Reporting directly to the Head of FCA and working closely with the AFC Manager – Regulatory Change & Business Advisory, the role provides specialist guidance on AFC-related matters and supports the Bank in mitigating financial crime risks through a robust governance framework.
The role collaborates extensively with stakeholders across SMBC EU and the wider EMEA region and also supports SMBC DUS activities in accordance with applicable service level agreements.
Our role will enable you to:
- Contribute to the continuous enhancement of the Bank's Anti-Financial Crime framework, policies, and procedures
- Support the implementation of regulatory change initiatives and strategic AFC projects across the organisation
- Build strong relationships with Compliance, Financial Crime, Front Office, Senior Management, and regulatory stakeholders
- Act as a trusted subject matter expert on AML and Anti-Financial Crime matters
- Participate in key governance forums, projects, audits, and regulatory engagements
What will you bring to the role?
- Proven experience of 3 years minimum within the financial services sector, preferably within Anti-Financial Crime Compliance, Compliance, Risk, or Audit functions
- Strong knowledge of European AML regulations and frameworks, including German regulatory requirements
- Experience interpreting regulatory developments and assessing their impact on policies, procedures, controls, and governance frameworks
- Ability to make sound risk-based decisions and effectively manage Anti-Financial Crime risks
- Strong analytical and problem-solving skills with the ability to address complex issues in a proactive and professional manner
- Experience participating in regulatory change initiatives, governance activities, and cross-functional projects
- Excellent organisational and project management skills, with strong attention to detail and the ability to manage multiple priorities
- Ability to work effectively with stakeholders at all levels of the organisation
- Excellent written and verbal communication skills in both German and English
- University degree in Law, Business, Economics, or a related discipline, banking apprenticeship, or equivalent professional qualification
Desirable:
- Experience working within a European banking environment
- Exposure to interactions with regulators, external auditors, and law enforcement authorities
- Experience supporting AML policy development, governance frameworks, and regulatory implementation programmes
- Professional certifications in Anti-Money Laundering, Financial Crime Compliance, Risk Management, or related disciplines
- Experience providing advisory support to First Line of Defence business functions
Competencies
What we offer
For all the expertise and experience you bring to help us make a difference, it’s only sustainable if we support you to build your career and be your best self so we offer competitive company benefits, centred around promoting positive well-bring and work-life balance. We also believe in fostering a diverse and inclusive work environment, where all team members perspectives and contributions are valued. Initiatives in place which promote a diverse and inclusive culture and healthy work life balance include hybrid working, Sport & Social Clubs and Diversity and Inclusion networks.
As an employee of SMBC you have access to a host of both useful and exciting benefit offerings. See below some of the benefits on offer to you:
- Hybrid and flexible working
- Competitive paid leave days
- Benefits to support your physical wellbeing, including private medical insurance and life and invalidity insurance
- Various policies to support your mental wellbeing, including a robust behavioural health network with counselling and coaching services
- Access a wide range of learning and development opportunities and career progression opportunities
- Ambitious remuneration package
So, if you like a challenge and want to continuously grow and develop in a role where you will be supported along the way by a dynamic and diverse team, apply today!!
We recognise our role as a bank to support social change and welcome all applications, including those from groups often under-represented in financial services. We value the uniqueness of professional and personal, backgrounds and perspectives as they play a vital role in continuing the sustainable growth of our organisation. We’ll ensure reasonable adjustments to our recruitment process are offered due to a disability or long-term condition whenever requested.
We are committed to transparent and equitable pay practices. Compensation is determined using objective criteria, including skills, experience, and role responsibilities, and applied consistently throughout our recruitment processes. We do not request candidates' pay history and are committed to preventing unjustified pay disparities.