FTC - 6 months - Compliance Assistant Vice President

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

Reporting to the Head of Surveillance, based in London, the Trade Surveillance AVP role will be responsible for completing allocated surveillance tasks defined under the firm’s Surveillance Monitoring Plan (‘SMP’).

The SMP is a critical part of the compliance oversight framework and is the responsibility of the Surveillance team to complete effectively in order to mitigate conduct and compliance risk. The Trade Surveillance AVP is expected to contribute actively towards the completion; improvement and development of the SMP through their role, as well as ensuring issues are properly escalated and managed as per the firm’s escalation policy under the direction of the Head of Surveillance.

The anticipated salary range for this role is €39,000 - €75,000, 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.

Business Area

Compliance Monitoring and Surveillance is a key defence for the Group in meeting regulatory expectations, improving compliance processes, policies and confirming the adherence to and implementation of controls across the three lines of defence and thereby avoiding regulatory censure. In any inspection or review activity, Regulators will expect to scrutinise details of the firm’s monitoring and surveillance activity.

Position Description

• Assist in completing aspects of the Compliance Risk Assessment, Market Abuse Risk Assessment and other Departmental Risk Assessments or gap analysis as appropriate;
• Execute the SMP (i.e. review, investigation and timely closure & documentation of surveillance alerts), primarily utilising BTCA, across asset classes traded by the Group;
• Escalate any issues arising from trade surveillance and manage as per the Group’s escalation policy;
• Assist in the preparation of internal and external reports and related material gathering e.g. monthly Compliance MI packs;
• Monitor European regulatory developments and identify new regulations that will impact the organisation;
• Monitor appropriate information and insider trading prevention procedures;
• Assist with the Firm’s application of internal Compliance policies and procedures, regulatory rules and SMBC Global Compliance objectives;
• Work collaboratively on tasks with other members of the Surveillance team and the broader Compliance team, where applicable;
• Liaise with industry bodies as relevant;
• Attend all Compliance meetings as required and complete mandatory training on a timely basis;
• Keep abreast with changes in products / activities of the Group and / or regulations that may have impact on risks to the Group; and
• Assist the delivery of compliance surveillance related projects.

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!!