Sumitomo Mitsui Banking Corporation – SMBC Group

KYC Advisory – Controls Associate

Sumitomo Mitsui Banking Corporation – SMBC Group

full-time

Posted on:

Location Type: Hybrid

Location: Jersey City • New Jersey • United States

Visit company website

Explore more

✨ AI Apply
Apply

Salary

💰 $75,000 - $120,000 per year

About the role

  • Responsible for promoting oversight and control within the KYC program including: customer onboarding, and periodic reviews, and account opening.
  • Support strengthening processes and controls across the KYC program as well as escalate to management when issues/risks may arise.
  • Assist with tracking of all audit and exam related requests as well as ensuring a timely and accurate response is provided.
  • Assist in promoting consistency in policies, procedures and reference materials across the entire KYC program.
  • Direct the day-to-day work of employees, may have a formal management role, and contributes to broader strategic department planning.
  • Field questions from the KYC team as well as the Front Office related to AML/KYC processes including client onboarding and periodic KYC reviews.
  • Identify and communicate control gaps, risks, proposed improvements.
  • Provide program governance, oversight, and monitoring in accordance with SMBC's Policies and Standards.
  • Participate in initiatives that streamline and improve the KYC processes.

Requirements

  • 5 to 7 years of specialized experience in Financial Services
  • Experience should be in financial crimes consulting, project management or back-office/compliance operations.
  • BA / BS (or equivalent experience)
  • Knowledge of AML, Bank Secrecy Act, Foreign Asset Control, and other compliance related acts and regulatory requirements.
  • Certified Anti-Money Laundering Specialist (CAMS) Certification preferred.
  • Expert level knowledge of KYC process and regulations.
  • Expert level knowledge of banking policies, statutory and compliance regulations.
  • Expert level knowledge of market practices related to compliance operations, inclusive of issues management
  • Strong written and verbal communication skills, prior experience with communicating with a broad audience across multiple mediums.
  • Strong ability to direct staff and workflows in accordance with SMBC standards and practices.
  • Strong sense of urgency and accountability; and strong time-management skills.
  • Ability to execute in a high-pressure environment.
  • Ability to interpret complex regulatory issues to provide sound guidance.
Benefits
  • Competitive portfolio of benefits to its employees
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
KYC processAMLBank Secrecy ActForeign Asset Controlfinancial crimes consultingproject managementcompliance operationsregulatory requirementsissues managementprogram governance
Soft Skills
written communicationverbal communicationstaff managementtime-managementsense of urgencyaccountabilityability to execute under pressureinterpret complex regulatory issues
Certifications
Certified Anti-Money Laundering Specialist (CAMS)