SMBC Group is hiring a Compliance Advisory Executive Director to manage the compliance advisory coverage for the Securitized Products Group (SPG) within SMBC Nikko Securities America, Inc. This role provides primary regulatory guidance and advises on policies, procedures, and reputational matters impacting SPG. The position reports directly to the Head of Private Side Compliance Advisory.
What You'll Do
- Provide regulatory and compliance advice, identify training needs, and deliver training to relevant business units.
- Advise business unit staff on regulatory requirements to ensure business is conducted in conformance.
- Provide guidance on establishing a reasonably designed supervisory system, including creating and updating written supervisory procedures.
- Participate in and conduct monthly meetings with business unit management to proactively identify emerging issues and new regulatory requirements.
- Support interactions with regulators and interface with Internal Audit during compliance examinations related to your coverage area.
- Assist the central Compliance team in researching and drafting responses to regulatory inquiries.
- Advise business units on maintaining their policies and procedures with reference to the current compliance framework.
- Coordinate and collaborate with affiliates to address cross-border issues, reporting requests, and special projects.
- Seek operational efficiencies and automation of processes to reduce the risk of manual work.
- Contribute to various reporting requirements and other ad hoc investigations.
- Work closely with other supporting units to help create and maintain best practices across the Firm.
- Lead the development and oversight of policies, procedures, written supervisory procedures, and management reporting for Securitized Products Group business areas.
- Participate in and lead various compliance projects applicable to SPG and the broader private side of the firm.
What We're Looking For
- 10-15+ years of regulatory and/or advisory compliance experience at a broker dealer, specifically in securitized products and related topics.
- A solid foundation in US securities laws and regulations and broker dealer operations.
- Ability to communicate this knowledge and its applicability to SMBC Nikko Securities America, Inc. and affiliate operations.
- Understanding of the products, services, and business of SMBC Nikko Securities America, Inc. and its affiliates.
- Ability to manage multiple assignments and build consensus among stakeholders.
- Ability to translate technical subject matter and convey it in easily understandable components for clients.
- Attention to detail and discipline to follow up on issues until resolved.
- Strong organizational and project management skills.
- BA/BS degree is required.
Nice to Have
- Series 7, 24, and/or 79 licenses are a plus.
Team & Environment
The Compliance group serves as a regulatory advisory function to the President, oversees the management of the broker dealer's compliance risk, and is represented by the Chief Compliance Officer on various committees.
Benefits & Compensation
- Salary range: $248,000.00–$285,000.00
- Competitive portfolio of benefits
Work Mode
This position offers a hybrid work arrangement.
SMBC provides reasonable accommodations during candidacy for applicants with disabilities consistent with applicable federal, state, and local law.
