SMBC Group is a top-tier global financial group. Headquartered in Tokyo and with a 400-year history, SMBC Group offers a diverse range of financial services, including banking, leasing, securities, credit cards, and consumer finance. The Group has more than 130 offices and 80,000 employees worldwide in nearly 40 countries. Sumitomo Mitsui Financial Group, Inc. (SMFG) is the holding company of SMBC Group, which is one of the three largest banking groups in Japan. SMFG’s shares trade on the Tokyo, Nagoya, and New York (NYSE: SMFG) stock exchanges.

　　In the Americas, SMBC Group has a presence in the US, Canada, Mexico, Brazil, Chile, Colombia, and Peru. Backed by the capital strength of SMBC Group and the value of its relationships in Asia, the Group offers a range of commercial and investment banking services to its corporate, institutional, and municipal clients. It connects a diverse client base to local markets and the organization’s extensive global network. The Group’s operating companies in the Americas include Sumitomo Mitsui Banking Corp. (SMBC), SMBC Nikko Securities America, Inc., SMBC Capital Markets, Inc., SMBC Rail Services LLC, Manufacturers Bank, JRI America, Inc., SMBC Leasing and Finance, Inc., Banco Sumitomo Mitsui Brasileiro S.A., and Sumitomo Mitsui Finance and Leasing Co., Ltd.

　　The anticipated salary range for this role is between $69,000.00 and $100,000.00. 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

　　Within the Financial Crimes Compliance ("FCC"), the Sanctions Compliance Team ("SCT") is responsible for the review of alerts in transaction and customer screening. Analysts support the Associates and who lead the team on the behalf of the Vice Presidents ("VP"). Analysts have responsibility for overseeing the process under their VP or Associate's remit. Analysts may be involved in performing assignments in the absence of the VP or Associate and ensures compliance of all transaction examination activities in accordance with regulatory requirements Bank Secrecy Act/Anti Money Laundering/Office of Foreign Assets Control (BSA/AML/OFAC), SMBC policies and procedures.

　　The analyst follows established guidelines to identify and resolve problems and proactively recommend solutions to improve processes where guidelines may not have been developed. Acts as an SME for department and across other functions. May support a process involving a team or act as an independent contributor. Individuals are expected to contribute to workflow or process change and redesign, and to form a strong basic understanding of the specific process. Primary focus is on execution within defined parameters, with some expansion based on developing capabilities and experiences. This position may also provide a second level review on alerted transactions that are open for investigation, and escalates appropriately to authority levels, or perform other watchlist or related processes under their VP or Associate's remit. Reports to the Associate.

　　Role Objectives

　　Supports investigative processes in their department reporting into Associate. Ongoingly assists the VP or Associate with day-to-day workflow management; assistance in the maintenance and enhancement of department processes; and oversight, testing of upgrades to Compliance applications.

　　Ensures compliance with all regulatory practices outlined by CPAD (Compliance Department) BSA/AML/OFAC and adherence to Bank policies and procedures. Provides management and guidance to assigned team members in scope.

　　May as a checker or second-review and perform due diligence on alerted transactions. Records decision-making on transactions, SWIFT messages, customers and affiliated parties referred for manual review by the Bank's automated compliance filters.

　　Ensures business continuity under all conditions, sometimes adverse, with strict adherence to established guidelines and deadlines.

　　Ensures completion of requests from Sanctions Compliance Officer in relation to conditional approvals or other requirements.

　　Maintains ongoing contact with branches.

　　Prepares reports and other materials as required in response to inquiries from internal and external auditors, bank departments, and regulators. Provides timely updates of internal bank policy changes, new regulatory compliance requirements, and recommendations from CPAD.

　　Ensures maintenance of OFAC sanctions lists and Internal Watchlists utilized by the tool.

　　Participates in system testing and implements system upgrades to ensure the integrity of systems and processes for transaction monitoring.

　　Ensures business continuity under all conditions, sometimes adverse, with strict adherence to established guidelines and deadlines.

　　Supports watchlisting related processes including addition, amendments, deletions, and ongoing maintenance.

　　Other ad hoc tasks relating to investigations.

　　Qualifications and Skills

　　CRITICAL JOB KNOWLEDGE AND CORE COMPETENCIES/SKILLS

　　Thorough understanding of legal aspects and recordkeeping requirements of banking regulations relating to money transfer (especially OFAC, AML, BSA, USA PATRIOT Act).

　　Strong knowledge of market practices related to foreign and domestic money transfers; knowledge of OFAC.

　　Strong level knowledge of banking policies, statutory and compliance regulations.

　　Strong knowledge of accounting principles and practices.

　　Ability to interpret changes in the regulatory framework and implement in investigative review of stopped payments and customer relationships.

　　Knowledge of SWIFT/Payment Message Types

　　Strong sense of urgency, accuracy and accountability; responsive to time sensitive needs.

　　Strong management skills; decision making, influencing and delegation skills; works independently.

　　Strong analytical, presentation and communication skills.

　　REQUIREMENTS

　　Work Experience: 5 to 7 years of specialized experience in Financial Services Compliance, Payment System or Money Transfer preferred. Previous screening experience

　　Education: Preferred BA / BS (or equivalent experience)

　　Licenses / Certifications / Registrations: CAMS preferred

　　Language Skills: Business fluency in English

　　Software Systems / Programming Languages SWIFT preferred. FircoSoft preferred.

　　Additional Requirements

　　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.

　　We are an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, disability status, protected veteran status or any other characteristic protected by law. SMBC provides reasonable accommodations for employees and applicants with disabilities consistent with applicable law. If you need a reasonable accommodation during the application process, please let us know at [email protected].