Regulatory Policy Vice President
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 a Regulatory Policy VP to join our Finance Regulatory Reporting team.
The role is to support the EMEA Head of Regulatory Policy to maintain the prudential regulatory policy framework across the EMEA region and promote an appropriate consistency of policy decisions, with a primary focus on regulatory interpretation on prudential matters relevant to Finance.
Accountabilities and Responsbilities
Support the EMEA Head of Regulatory Policy in maintaining the Regulatory Interpretations Policy and compliance with the policy, including the efficient running of the Interpretation Forum and associated processes and ensuring appropriate consistency of policy decisions within EMEA.
Support the initial analysis and dissemination of the regulatory development items to the respective stakeholders.
Provide policy analysis and support on the implication of new products to the Regulatory Reporting teams and other policy support as and when required.
Skills/Experience Required
• Batchelor’s degree or equivalent in a relevant subject, such as Economics, Finance, Accountancy or Risk related discipline
• Excellent prudential regulatory knowledge with experience in prudential policy related role(s)
• Strong history of managing stakeholders at various levels including front offices
• Extensive knowledge of and exposure to banking and capital markets products
• Proven ability to analyse, understand and articulate complex technical problems and to develop high value propositions
• Strong external network for market intelligence
Business Area
The policy role covers all functional prudential related regulatory reporting teams as well as related Risk activities.
The primary entities in scope are: SMBC Bank International plc (SMBC BI), SMBC Nikko Capital Markets Limited and SMBC Bank EU AG group, including its Luxembourg subsidiary.
Branches of Tokyo based SMBC in scope are located in London, Brussels, Dubai, and Düsseldorf.
The role covers prudential requirements at a UK-level, as well as at an EU-level for banks (mainly CRR and similar) and investment firms (mainly IFPR and similar).
Position Description
The duties of this role cover prudential policy across EMEA for the Regulatory Reporting teams and other impacted departments. The role reports into the EMEA Head of Regulatory Policy and involves close co-operation with Risk, Planning, Compliance and Legal, as well as local Finance departments.
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.