ABC Associate

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

The Anti-Bribery & Corruption (ABC) Associate is responsible for first-line defence Third Party Management (TPM) operations, ensuring Third Party onboarding and periodic review requirements / due diligence comply with internal policies and standards and external regulations.

Business Area

OPPD - Third Party Management

Position Description

Key Responsibilities:

Conduct risk assessments and due diligence on third-parties to support onboarding and periodic reviews.
Apply a risk-based approach to financial crime, bribery and corruption.
Conduct Negative News Screening, build Ownership structures, write assessment comments on adverse media and PEP/PO.
Investigate and write assessment on potential breaches of ABC and TPM policies.
Support Governance activities associated with the integration of ABC team and process into Third Party Management end to end assessment process
Collaborate with other departments to ensure a cohesive approach to compliance and Third-Party Management
Stay up to date with relevant laws, regulations, and industry best practices.
Liaise with Compliance and MLRO, Functional Business areas, Procurement and TPM Operations teams.
Provide support to TPM Operational Team leads to produce Risk Control Reporting for TPOF and Operational Metrics to support team management.
Maintain accurate records.
Support the 4-eye check process and guide Users through ABC process.

Qualifications:

Understanding of anti-bribery and corruption laws and regulations (e.g., FCPA, UK Bribery Act).
Knowledge of Ultimate Beneficial Ownership (UBO) structures and risk-based approach.
Understanding of Third Party Management and associated regulations.
Experience in KYC beneficial but not essential.
Proactive attitude.
Excellent analytical and problem-solving skills.
Strong communication and interpersonal skills.
Ability to work independently and as part of a team.
High ethical standards and attention to detail.
Proficiency in Microsoft Excel and PowerPoint.

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!!