Regulatory Change Management Officer - Vice President Level
Job Description:
- Work with the Regulatory Change Management Team as a Subject Matter Expert to identify and oversee the implementation of new or changes to existing laws, rules, regulations or material regulatory guidance for SMBC.
- Coordinate with departments across SMBC Americas Division to ensure timely implementation of regulatory changes.
- Responsible for applicability analysis, preliminary impact assessment, routing, action plan tracking, policy and procedure maintenance, and drafting a weekly digest of laws, rules, and regulations.
- Participate in the preparation of key metrics to evaluate the health and governance of RCM initiative.
- Significant exposure and correspondence with stakeholders across the bank.
- Reports to the Director of Regulatory Change Management.
Qualifications and Skills:
- Bachelor’s degree required; graduate business degree or . degree preferred.
- Previous experience as a regulator, compliance officer, or attorney/legal background preferred.
- Comprehensive knowledge of federal and state banking laws and regulations.
- Experience working with regulators, specialized regulatory consulting firms, or law firms.
- Ability to analyze and interpret laws, rules, regulations, and regulatory guidance related to bank holding companies and foreign banking organizations in the US.
- Understanding of large and complex financial institutions and their functions.
- Strong organization and time management skills with attention to detail.
- Proven track record of managing high priority items in high pressure environments.
- Advanced project management skills.
- Excellent communication, analytical, and writing skills.
- Strategic thinker and ability to work collaboratively.
- 4-7 years of specialized experience in Financial Services.
- 4+ years of experience within Banking or Financial Services Regulatory Compliance, Governance, Legal, or related department.
- Required: Bachelor’s degree; Preferred: Master’s degree.
- Proficiency in MS Word, Excel, PowerPoint, Outlook, Lotus Notes, and SharePoint.
Salary Information:
- Anticipated salary range between $137, and $200,.
- Specific salary offered will be based on individual qualifications, experiences, and market analysis.
- Role may also be eligible for annual discretionary incentive award.
- Competitive portfolio of benefits offered to employees.
Company Information:
- SMBC Group is a top-tier global financial group with a 400-year history.
- Headquartered in Tokyo, SMBC Group offers a diverse range of financial services in nearly 40 countries.
- SMFG is the holding company of SMBC Group, one of the three largest banking groups in Japan.
- Presence in the US, Canada, Mexico, Brazil, Chile, Colombia, and Peru.
- Backed by the capital strength of SMBC Group and the value of its relationships in Asia.
- Offers commercial and investment banking services to corporate, institutional, and municipal clients.
- Operating companies in the Americas include Sumitomo Mitsui Banking Corp. (SMBC), SMBC Nikko Securities America, Inc., SMBC Capital Markets, Inc., SMBC MANUBANK, JRI America, Inc., SMBC Leasing and Finance, Inc., Banco Sumitomo Mitsui Brasileiro ., and Sumitomo Mitsui Finance and Leasing Co., Ltd.
Work Environment:
- SMBC’s employees participate in a Hybrid workforce model.
- Provides employees with an opportunity to work from home and from an SMBC office.
- Requires employees to live within a reasonable commuting distance of their office location.
- Hybrid work may not be permitted for certain roles, such as certain FINRA-registered roles.
Reasonable Accommodations:
- SMBC provides reasonable accommodations during the application process for applicants with disabilities.
- Consistent with applicable federal, state, and local law.
- If you need a reasonable accommodation, please let us know at .
