Compliance Quality Assurance Officer in New York, New York | Careers at New York

SMBC Group is seeking a Quality Assurance (Associate/Vice President) for the Monitoring and Testing Team within the Compliance Department Americas Division ("CPAD"). This role will support the Quality Assurance activities, including obtaining support, documenting the support, identifying exceptions, and escalating exceptions and reporting findings to the Quality Assurance Lead.

The results of the Quality Assurance Reviews will be utilized to: (a) monitor the overall M&T Program implementation, including Governance, to identify changes / improvements to the M&T Policy / Program, where possible; and (b) to ensure the Monitoring and Testing resources are educated in the expectations defined within the M&T Policy.

The scope of this function will encompass SMBC Group's Americas Division, inclusive of SMBC Group's wholesale and retail banking operations; U.S. and LATAM representative offices; Grand Cayman Branch; Canada Branch; Brazilian banking subsidiary; U.S. broker dealer and registered swap deal; and certain non-bank leasing subsidiaries/affiliate.

The successful candidate must have a strong desire to continually deliver a quality and meaningful work product in a timely and efficient manner. Demonstrates strong judgement, political astuteness, and sensitivity to cultural diversity. The requirements listed below are skills and abilities that are required to achieve this standard.

• Supporting quality assurance reviews by ensuring all testing work papers and associated documentation are prepared appropriately in order to effectively communicate testing scope and results to management, senior management and business unit management;.
• Confirming all required and pertinent detail has been documented in accordance with the Quality Assurance Check List, within the timeframes required;
• Assisting in the creation and tracking of Annual QA Plan;
• Assisting in the creation and maintenance of management reporting as well as the monitoring of open issues; and
• Other projects as required.

• General compliance and/or audit-related experience with a foundational understanding of FINRA/SEC laws and regulations.
• Broker Dealer exeprience is highly desired.
• Strong interpersonal and communications skills to successfully interface with different stakeholders and maintain solid working relationships.
• Maintaining a regulatory compliance risk mindset to understand underlying risks and weaknesses to properly mitigate such risks.
• Technical competency of applicable laws and regulations (banking, securities and /or swap dealer) for application thereof during monitoring and testing quality assurance reviews is a plus.
• Strong analytical skills and attention to detail.
• Ability to work on multiple assignments and reprioritize as circumstances may dictate.