Please note this role requires availability to start full-time in Jan/Feb 2024.
Overview:
SMBC’s Compliance Department Americas Division (“CPAD”) is seeking an Analyst for Compliance Monitoring and Testing. This role is responsible for supporting the monitoring and testing program in the swap/dealer business. This position will principally serve as a team member for monitoring and testing engagements. This role will have coverage for Capital Markets (SMBC’s swap/dealer). The candidate should have a familiarity with financial services and a willingness to learn.
Responsibilities:
- Supports monitoring and testing activities for swap/dealer business.
- Serves as a tester for all facets of compliance monitoring and testing engagements.
- Assists in the development and refinement of monitoring and testing scripts.
- Prepares information requests and announcement memoranda.
- Performs assigned field work to validate the efficacy of internal controls and direct oversight of assigned staff and their assignments.
- Assists in the compiling of cohesive work papers are prepared for each engagement in accordance with department standards.
- Helps to identify underlying issues and escalation/validation thereof with clients.
- Assists in the registration and tracking of identified issues and corrective action plans to validate remediation efforts.
- Assists in the consolidation and reporting of results within local and Head Office reporting.
Qualifications:
- Bachelor’s Degree required.
- Financial services experience required; knowledge of Swap Dealer business, Compliance, or Audit experience a plus.
- Strong desire to continually deliver a quality and meaningful work product in a timely and efficient manner.
- Demonstrates sound judgement, political astuteness, and sensitivity to cultural diversity.
- Solid interpersonal and communications skills to successfully interface with all levels of management and maintain solid working relationships.
- Maintaining a regulatory compliance risk mindset to understand underlying risks and weaknesses to properly mitigate such risks.
- Strong analytical skills and attention to detail.