Compliance Manager - Vice President (f/m/d)

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 Compliance Manager / VP for our Central Compliance Group to join our team.

The role of Compliance Manager is required to protect SMBC Bank EU AG and its employees from regulatory censure and ensure positive outcomes for its customers and markets by enabling the business to meet its risk preferences and statements relating to compliance risks and embed a compliance culture in the firms’ day-to-day activities.

The key role of the Compliance Manager is to:

• Act in role of trusted advisor for compliance matters across the relevant product areas through specialised regulatory knowledge and interpretation of the rules;

• Be a key member of the Central Compliance team to progress and communicate the department’s Conduct Risk Agenda;
• Get involved in ad hoc (EMEA) Compliance and firm wide projects as required on behalf of Compliance by taking ownership of deliverables as well as acting as the compliance subject matter expert.

Main candidate requirements:

• Demonstrated understanding of relevant existing and expected regulations for a universal bank and experience of advising businesses on how to comply with laws, rules and regulations, as well as investigating potential or actual breaches.

• Experience managing projects, creating project plans, tracking statuses, and reporting issues to management, with demonstrated successful track record of utilizing project management documentation and related reporting tools.
• Experience working in a Compliance Advisory role covering either banking products / services or trading / capital markets businesses, or conducting Compliance Risk Assessments is a strong plus.

Business Area

The Compliance Department liaises with compliance teams throughout the Group to ensure compliance with regards to German / EU matters and the fulfilment of specific tasks under SLAs with EMEA entities, as applicable. The role-holder supports the Central Compliance Function and is ultimately a member of the EMEA team and contributes to set the department strategy in line with SMBC / Nikko Tokyo and other relevant SMFG offices while supporting the business’s initiatives.

As SMBC EU must demonstrate its own local governance requirements, it cannot solely rely on the respective teams of other SMBC group companies. The role holder must therefore liaise closely with the relevant counterparts and key stakeholders, in the EMEA region in particular.

Central Compliance is responsible for acting as key point of Compliance contact for the business and helps by advising and interpreting rules. It also provides the methodology framework for Compliance and Compliance Advisory also engages and promotes close collaboration with other SMFG entities globally, in particular those that engage in or perform activities impacting the Securities and Trading activities.

Position Description

To support the Bank’s sustainable growth strategic approach, the Compliance Manager / VP, as a conduct and product expert is responsible for managing compliance risks, defining and managing key risk indicators and booking controls and advising on capital markets products, corporate banking and securitisation. These product areas require proactive and effective interaction, and the role is expected to act as a subject matter expert and provide credible challenge to a range of stakeholders including senior management.

In addition, the role holder is expected to contribute to the comprehensive policy and methodology framework and to assist with the continuous enhancements to the design and methodology of the Compliance Risk Assessments framework. It also includes the tracking of status of initiative, projects, and milestones and circulate information in weekly and status reports, as needed, including escalating to management and relevant stakeholders on potential issues and development, and tracking / reporting tools to facilitate effective and efficient management status reporting for development and maintenance compliance programs.

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!!