Corporate Compliance Monitoring & Testing Analyst

The anticipated salary range for this role is between $72,000.00 and $87,000.00. The specific salary offered to an applicant will be based on their individual qualifications, experiences, and an analysis of the current compensation paid in their geography and the market for similar roles at the time of hire. The role may also be eligible for an annual discretionary incentive award. In addition to cash compensation, SMBC offers a competitive portfolio of benefits to its employees.

Role Description

SMBC's Compliance Department Americas Division ("CPAD") is seeking an Analyst for Compliance Monitoring and Testing. The Analyst is responsible for supporting the monitoring and testing program. This position will principally serve as a team member for monitoring and testing engagements. This role will primarily support the monitoring and testing coverage for New York Branch (SMBC's NYB). The candidate should have a familiarity with financial services and a willingness to learn.

The salary offered to an applicant will be based on their individual qualifications, experiences, and an analysis of the current compensation paid in their geography and the market for similar roles at the time of hire. The role may also be eligible for an annual discretionary incentive award. In addition to cash compensation, SMBC offers a competitive portfolio of benefits to its employees.

Role Objectives

• Supports monitoring and testing activities for New York Branch.
• 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 risk mitigants.
• Assists in the compiling of comprehensive and cohesive work papers in accordance with department standards and methodology.
• 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 and Skills

• Bachelor’s Degree required.
• Excellent academic record.
• 1-3 years of working experience or 1-2 years of internship experience in the financial services field and knowledge of FRB regulations, 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 written and verbal communications skills to successfully interface with all levels of management and maintain solid working relationships.
• Maintaining a compliance risk mindset to understand underlying regulatory risks and an ability to identify control weaknesses to properly mitigate such risks.
• Strong analytical skills, highly organized, detail oriented, self-driven, and motivated.
• Advanced Word, Excel, and PowerPoint skills and the ability to quickly learn new software applications.

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.