Sanctions Control and Investigations Assistant 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
EMEA Sanctions Compliance – Controls and Investigations AVP
Compliance Department (CPD) / SMBC BI
The EMEA Sanctions AVP provides advice and guidance to the Bank, with respect to this framework and the investigation of all high-risk investigations and sanctions breaches throughout the EMEA region. The EMEA Sanctions AVP will also support the EMEA Head of Sanctions with respect to strategic initiatives, in order to ensure that the Bank’s sanctions systems and controls framework remains fit for purpose, in line with market best practice and regulatory expectations.
Essentials of the role
- To assist the EMEA region in complying with applicable financial and trade sanctions as well as meeting regulatory requirements/expectations.
- To undertake all EMEA material sanctions investigations involving true matches of listed persons and sensitive countries and to advise on the permissibility of such transactions.
- To monitor and assess the appropriateness of screening and other operational controls, ensuring that controls are in line with regulatory expectations.
CANDIDATE REQUIREMENTS
- Experience in conducting and investigations.
- Strong analytical skills, capable of making logical assessments based upon factual data.
- Excellent verbal and written communication skills, especially when faced with challenge
Business Area
Compliance Department (CPD) / SMBC BI
Position Description
- Assesses the permissibility of transactions on a daily basis, in accordance with sanctions laws and internal policy
- Monitors and assesses changes to sanctions legislation on an ongoing basis.
- Provides advice and guidance to the EMEA region on the adequacy of sanctions operational controls.
- Acts as a primary point of contact for OAD management with respect to sanctions compliance.
- To collate and obtain due diligence with respect to transactions or activities being performed by the Bank.
- To perform monitoring of operational controls within the EMEA region.
- To advise the EMEA region on the adequacy of sanctions operational controls.
- To provide sanctions training to key stakeholders to ensure they understand and comply with the Bank’s requirements.
- To assist in the writing of applicable policy’s and procedures.
- To supply findings in relation to breaches of policy or regulation to the Head of Sanctions.
- To assess sanctions regulatory enforcement actions and provide recommendations to the EMEA region as appropriate.
- To escalate effectively to the EMEA Head of Sanctions.
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.