SMBC Group
Head of Financial Crime Compliance – Americas Division
Reporting to the Head of Compliance Monitoring & Testing (M&T) in the Compliance Department, the Head of Financial Crime Compliance (FCC) manages the execution of SMBC’s Americas Division FCC testing and monitoring program with primary focus on BSA/AML, sanctions, fraud and anti‑bribery & corruption testing. The role is responsible for overseeing day‑to‑day operations and managing a team of compliance professionals performing testing and monitoring activities to assess the design and operating effectiveness of SMBC’s controls to mitigate risks related to BSA/AML, sanctions, fraud, and anti‑bribery and corruption, as well as adherence to SMBC’s policies, procedures, and processes and applicable laws and regulations.
Manage a team performing FCC M&T across all applicable group companies throughout SMBC’s Americas Division.
Provide direct oversight of assigned M&T staff and act as a role model for the assigned M&T staff.
Work with the Head of Compliance M&T to develop a risk‑based annual M&T plan and a detailed schedule of activities to ensure effective tracking of deliverables throughout the year.
Conduct capacity analysis and resourcing planning to ensure timely delivery of all activities in the FCC M&T plan.
Maintain and ensure timely update to FCC M&T procedures.
Oversee the execution of all FCC M&T activities to ensure timely delivery of all activities in the FCC M&T plan in alignment with SMBC AD M&T policy and procedures.
Present FCC M&T results and related metrics to SMBC’s senior management.
Proactively identify training opportunities for the FCC M&T staff.
Foster a culture of strong partnership with internal stakeholders for the FCC M&T team.
Stay abreast of changing regulatory requirements and SMBC’s business model to maintain a solid foundation of the applicable regulatory framework.
Consolidate and report results within local and head office reporting.
Lead transformation and program enhancement initiatives to keep the program aligned with industry best practices.
Qualifications & Skills
Strong working knowledge of FCC, particularly BSA/AML and sanctions, laws and regulations, and compliance requirements and standards that impact a global financial services firm such as KYC/client risk rating, transaction monitoring, suspicious activity reporting, client screening/sanctions requirements, and risk assessments.
Strong management and leadership skills; experienced manager 10+ years.
Demonstrated professional maturity and experience managing in complex environments (matrixed organizations, Center of Excellence, regulatory enforcement action, remediation).
Strong analytical skills to identify, document, present, and report issues.
Strong operational skill set and innovation mindset with awareness of industry best practices for Compliance Monitoring & Testing programs.
Understanding of Japanese culture and foreign banks in general is preferred.
Expert knowledge of banking products and services.
Strong relationship‑building skills to manage internal management relationships.
Strong reasoning ability; understand complex situations, people and systems needs against backdrop of an ever‑changing regulatory environment.
Maintains high level of confidentiality, unquestionable character, integrity and professionalism.
Strong report writing and oral communication skills.
Additional Requirements
12+ years of specialized experience in Financial Services.
Minimum 8‑10 years of BSA/AML/Sanctions compliance experience (e.g., compliance, internal audit, AML risk, governance and oversight, bank regulator).
10+ years of management experience preferred.
Education
BA/BS in a relevant discipline (e.g., Accounting, Finance, Banking, Statistics, Mathematics), or equivalent experience.
Preferred: MA/MS/MBA.
Licenses / Certifications
CAMS (Certified Anti‑Money Laundering Specialist) or other equivalent industry certification strongly preferred (including but not limited to CFE, CPA, CRCM).
Software Systems / Programming Languages
Experience with Microsoft Office Suite, SharePoint.
Compensation $230,000 – $275,000 per year, commensurate with qualifications. The role may also be eligible for an annual discretionary incentive award. SMBC offers a competitive portfolio of benefits to its employees.
Work Arrangement SMBC’s employees participate in a hybrid workforce model that provides employees the opportunity to work from home as well as from an SMBC office. Hybrid work may not be permitted for certain roles. Prospective candidates will learn more about their specific hybrid work schedule during the interview process.
EEO Statement SMBC Group is an equal opportunity employer and is committed to employment and advancement eligibility based on the same criteria for all applicants and employees. SMBC regards all applicants and employees as equal opportunity and is committed to employment and advancement eligibility on the same criteria for all applicants and employees in the event of any action and any else in compliance with applicable federal, state, and local law.
#J-18808-Ljbffr
Manage a team performing FCC M&T across all applicable group companies throughout SMBC’s Americas Division.
Provide direct oversight of assigned M&T staff and act as a role model for the assigned M&T staff.
Work with the Head of Compliance M&T to develop a risk‑based annual M&T plan and a detailed schedule of activities to ensure effective tracking of deliverables throughout the year.
Conduct capacity analysis and resourcing planning to ensure timely delivery of all activities in the FCC M&T plan.
Maintain and ensure timely update to FCC M&T procedures.
Oversee the execution of all FCC M&T activities to ensure timely delivery of all activities in the FCC M&T plan in alignment with SMBC AD M&T policy and procedures.
Present FCC M&T results and related metrics to SMBC’s senior management.
Proactively identify training opportunities for the FCC M&T staff.
Foster a culture of strong partnership with internal stakeholders for the FCC M&T team.
Stay abreast of changing regulatory requirements and SMBC’s business model to maintain a solid foundation of the applicable regulatory framework.
Consolidate and report results within local and head office reporting.
Lead transformation and program enhancement initiatives to keep the program aligned with industry best practices.
Qualifications & Skills
Strong working knowledge of FCC, particularly BSA/AML and sanctions, laws and regulations, and compliance requirements and standards that impact a global financial services firm such as KYC/client risk rating, transaction monitoring, suspicious activity reporting, client screening/sanctions requirements, and risk assessments.
Strong management and leadership skills; experienced manager 10+ years.
Demonstrated professional maturity and experience managing in complex environments (matrixed organizations, Center of Excellence, regulatory enforcement action, remediation).
Strong analytical skills to identify, document, present, and report issues.
Strong operational skill set and innovation mindset with awareness of industry best practices for Compliance Monitoring & Testing programs.
Understanding of Japanese culture and foreign banks in general is preferred.
Expert knowledge of banking products and services.
Strong relationship‑building skills to manage internal management relationships.
Strong reasoning ability; understand complex situations, people and systems needs against backdrop of an ever‑changing regulatory environment.
Maintains high level of confidentiality, unquestionable character, integrity and professionalism.
Strong report writing and oral communication skills.
Additional Requirements
12+ years of specialized experience in Financial Services.
Minimum 8‑10 years of BSA/AML/Sanctions compliance experience (e.g., compliance, internal audit, AML risk, governance and oversight, bank regulator).
10+ years of management experience preferred.
Education
BA/BS in a relevant discipline (e.g., Accounting, Finance, Banking, Statistics, Mathematics), or equivalent experience.
Preferred: MA/MS/MBA.
Licenses / Certifications
CAMS (Certified Anti‑Money Laundering Specialist) or other equivalent industry certification strongly preferred (including but not limited to CFE, CPA, CRCM).
Software Systems / Programming Languages
Experience with Microsoft Office Suite, SharePoint.
Compensation $230,000 – $275,000 per year, commensurate with qualifications. The role may also be eligible for an annual discretionary incentive award. SMBC offers a competitive portfolio of benefits to its employees.
Work Arrangement SMBC’s employees participate in a hybrid workforce model that provides employees the opportunity to work from home as well as from an SMBC office. Hybrid work may not be permitted for certain roles. Prospective candidates will learn more about their specific hybrid work schedule during the interview process.
EEO Statement SMBC Group is an equal opportunity employer and is committed to employment and advancement eligibility based on the same criteria for all applicants and employees. SMBC regards all applicants and employees as equal opportunity and is committed to employment and advancement eligibility on the same criteria for all applicants and employees in the event of any action and any else in compliance with applicable federal, state, and local law.
#J-18808-Ljbffr