Business Unit Compliance Vice President (12 month FTC)

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 Vice President for our Compliance Department to join our team. 

The  SFS Compliance adviser is responsible for providing Compliance advice to the SFS vertical in London.  The role ensures that SMBC Group entities in the UK and EMEA maintain a robust compliance culture, meet regulatory expectations, and deliver positive outcomes for clients and markets. This includes anticipating regulatory developments, supporting new product initiatives, and embedding compliance considerations into business strategy and operations.

This role requires a strong understanding of the regulatory landscape affecting wholesale banking, including but not limited to Conduct Risk, MiFID II, MAR, and ESG-related regulations. The role also involves close collaboration with global compliance counterparts in Tokyo, APAC, and the Americas to ensure alignment on cross-border matters and global compliance standards.

The SFS Compliance adviser acts as a subject matter expert, contributing to the development of a strong compliance framework and risk-aware culture across the SFS business.

Business Area

The Compliance Advisory function for the Structured Finance Solutions (SFS) vertical plays a critical role in ensuring that the Bank operates within the regulatory frameworks applicable to its Structured Finance activities. This includes providing expert compliance advice and guidance to the Front, Middle, and Back Offices across a broad range of SFS products and services, including but not limited to structured finance, project finance and advisory, and leveraged finance.

Position Description

• Provide expert advice on the application of relevant rules and regulations to SFS business activities.
• Promote a strong compliance culture across the Universal Bank and engaging proactively with business stakeholders to mitigate compliance risks.
• Develop and deliver training materials in collaboration with the Compliance Education and Communications team, tailored to SFS business areas.
• Investigate potential or actual breaches of relevant rules and regulations, assist in reporting to senior management and regulators, and support remediation efforts.
• Serve as an SME/advisor to the business and support functions on private side products and services, including lending, structured finance, and advisory.
• Collaborate with other Compliance teams to design and implement an effective Compliance Risk Assessment program, contribute to the Annual Compliance Plan, and support the Compliance Monitoring program.
• Maintain and update Compliance Policies, Departmental Procedures, and internal processes to reflect evolving regulatory requirements and business practices.
• Support the review of new products, cross-border activities, marketing materials, and other business initiatives from a compliance perspective.
• Assist with internal and external audits and regulatory examinations, ensuring timely and accurate responses.
• Represent SMBC in industry working groups and contribute to external consultations on regulatory developments relevant to private side activities.
• Participate in and contribute to EMEA-wide compliance projects and strategic initiatives as needed.

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!!