Associate, Broker-Dealer Compliance Advisory
Sumitomo Mitsui Banking Corporation – SMBC Group
full-time
Posted on:
Location Type: Hybrid
Location: New York City • New York • 🇺🇸 United States
Visit company websiteSalary
💰 $82,000 - $140,000 per year
Job Level
JuniorMid-Level
About the role
- 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.
Requirements
- 4-7 years of regulatory and/or advisory compliance experience at a broker dealer.
- A solid foundation in US securities laws and regulations and broker dealer operations, products and services.
- Ability to communicate this knowledge and applicability to SMBC Nikko Securities Inc. and affiliate operations.
- Ability to manage multiple assignments and build consensus among stakeholders.
- Ability to translate technical subject matter and convey it in easily understandable components for the clients.
- Attention to detail and discipline to follow up on issues until resolved.
- Must be well organized with project management skills.
- BA/BS required.
- Series 7, 79 a plus.
Benefits
- Competitive portfolio of benefits
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
regulatory complianceadvisory complianceUS securities lawsbroker dealer operationsproject managementtraining developmentsupervisory proceduresreporting requirementsoperational efficienciesautomation of processes
Soft skills
communicationattention to detailorganizational skillsconsensus buildingproblem-solvingcollaborationdisciplineability to manage multiple assignmentsability to translate technical subject mattertraining delivery
Certifications
BA/BSSeries 7Series 79