Compliance Associate
London, LND, GB, EC2M 2AT
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 an Associate to join our Compliance Department.
The role is required to help ensure the Compliance Monitoring function is effective in its duties as an independent second line of defence function to monitor and assess the adequacy and effectiveness of the Bank’s processes and controls to meet its regulatory obligations.
Main activities for the role include:
- Execute testing on assigned CMP reviews or sections of reviews in a timely manner and in accordance with the applicable procedures;
- Document testing in accordance with the Compliance Monitoring conventions and in a manner which enables the testing to be reperformed;
- Escalate findings in testing in a timely manner to avoid any surprises. Prepare, as required, concise reports to explain findings from reviews and present and explain issues clearly to management;
- Assist in the analysis of root causes of findings and identify remedial action under the direction of management;
- Assist in the follow up of action plans due for completion;
- Where required, assist in the preparation of Management Information;
- Complete mandatory training on a timely basis;
- Maintain a working knowledge of key products, business operations and regulatory changes which may impact the Group; and
- Where required, to assist with Compliance Monitoring related projects.
Business Area
Position Description
The role requires:
- foundational knowledge of financial services, markets, securities and banking;
- sound understanding of risks and controls, noting prior Monitoring or Audit background is desirable;
- regulatory awareness and understanding of the emerging regulatory landscape;
- good written and verbal communication skills;
- accuracy and attention to detail;
- timely review execution;
- the ability to build effective relationships across the three lines of defence;
- the ability to work independently and as part of a team; and
- the ability to work under pressure.
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.