Associate, Broker-Dealer Private Side Compliance Advisory

Associate, Broker-Dealer Private Side Compliance Advisory

The Compliance group within SMBC Nikko Securities Inc. serves as a regulatory advisory function to the President and is responsible for overseeing the management of the broker dealer's compliance risk and is represented by the Chief Compliance Officer as either a member or observer of various committees such as the New Product, Underwriting, Risk Management, Compliance, IT Risk and Training committees.

The Compliance Advisory Associate role assists in managing coverage areas or processes under the oversight of one or more senior team members. Incumbents are typically developing subject matter experts and known internally and externally as a reliable, knowledgeable resource. Incumbents may develop and exercise business plans, policies and procedures, as well as oversee various assigned projects to improve efficiencies.

Individual Associates at this level have a developing understanding of the firm's different businesses and the related economics. Primary focus of role is on day-to-day advisory and monitoring, although role also supports strategic planning within area of coverage.

Reports to a senior member of Private Side Compliance Advisory for SMBC Nikko Securities Inc.

Role Objectives :

• Assists in providing regulatory and compliance advice, identifying training needs, preparing and providing training and conducting monitoring of relevant business units.
• Assists in providing advice on regulatory and compliance requirements to business unit staff so that they may conduct their business in conformance with regulatory requirements.
• Assists in providing regulatory guidance on establishing a reasonably designed supervisory system including to assist the front office in creating and updating written supervisory procedures.
• Participates along with senior team members in monthly meetings with business unit management to proactively identify emerging business issues and discuss related or new regulatory requirements.
• Supports interactions with regulators and Internal Audit during compliance-related examinations / audits related to coverage area.
• Advises business units on the maintenance of their policies and procedures with focus on current compliance framework as reference point.
• Coordinates and collaborates with affiliates to address cross border issues, reporting requests and special projects.
• Seeks operational efficiencies and automation of processes to reduce risk of manual processes.
• Assists in providing training to covered business units.
• Contributes to various reporting requirements and other ad hoc reviews.
• Works closely with other supporting units to help create and maintain best practice across the Firm.

Qualifications and Skills :

SMBC's employees participate in a Hybrid workforce model that provides employees with an opportunity to work from home, as well as, from an SMBC office. SMBC requires that employees live within a reasonable commuting distance of their office location. Prospective candidates will learn more about their specific hybrid work schedule during their interview process. Hybrid work may not be permitted for certain roles, including, for example, certain FINRA-registered roles for which in-office attendance for the entire workweek is required.

SMBC provides reasonable accommodations during candidacy for applicants with disabilities consistent with applicable federal, state, and local law. If you need a reasonable accommodation during the application process, please let us know at accommodations@smbcgroup.com.

Nearest Major Market : New York City