Head of Senior Managers Regime - Director

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 Head of the Senior Managers Regime (SMR) Team. Reporting to the Company Secretary/Head of Corporate Governance Group, you will lead a team of four and be responsible for ensuring that our four regulated entities are fully complying with the requirements of the SMR. This is a high profile role and you will engage frequently with senior leaders and members of the Board. 

You will act as a trusted advisor on all aspects of the SMR, providing advice and challenge to members of the Board and senior management, and engaging in all decisions in respect of the regime.

Business Area

The Senior Managers Regime Team is part of our Corporate Governance Group, alongside the Company Seretariat. The two teams work closely together and you will play an important role is ensuring good communication flows and coordination on all relevant SMR matters.

Position Description

Key responsibilities

• Oversight for the day-to-day SMR activity of our four regulated entities  This includes responsibility for regulatory interaction on matters involving the approval of Senior Managers; allocation of Senior Manager responsibilities; and accuracy and completeness of associated documentation (such as Handovers, Management Responsibilities Map and Statements of Responsibilities).
• Manage the SMR team and proactively provide team members with the appropriate level of support, guidance and autonomy to deliver their goals effectively.
• The role holder will work closely with stakeholders across the Bank, particularly in Compliance, HR, the wider Company Secretarial team, General Counsel and SMF population.
• Lead fitness and propriety assessments for all individuals in scope of the SMR.
• Work with Senior Managers to ensure that all relevant SMR requirements are met.
• Horizon scanning for emerging regulatory trends in respect of SMR. Presenting strategic plans for implementing and communicating changes to relevant internal stakeholders.
• Ownership of SMR policies. Manage and track the end-to-end processes for regulatory applications and notifications. Oversee and provide assurance that Statements of Responsibilities, Prescribed Responsibilities and Management Responsibilities Maps are current and complete.
• Responsible for the timely production and submission of management information in relation to SMR.

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!!