Oversight & Control Vice President

SMBC Group; Frankfurt; On-site; EUR 78,000 - 118,000; Full time

Benefits offered by this job

Hybrid and flexible working

Competitive paid leave days

Private medical insurance

Mental wellbeing support network

Learning and development opportunities

Job summary

SMBC Group in Germany seeks a Compliance Monitoring Manager (Vice President) to lead a Financial Crime monitoring team in Frankfurt or Düsseldorf, reporting to the Head of Monitoring & Surveillance. The role focuses on delivering risk-based reviews, escalating issues, and strengthening governance across the three lines of defence.

You will oversee planning, scoping, and execution of monitoring activities, manage three direct reports, and contribute to the Compliance Monitoring Plan while

Qualifications

• Degree-level education in Finance, Law, Accounting, Business, Economics.
• Proven experience in Compliance Monitoring, Internal Audit, Risk Assurance, or a comparable testing and assurance function within financial services.
• Strong knowledge of Financial Crime Compliance, including AML, CTF, risks, controls and regulatory expectations.
• Demonstrated experience independently managing the full lifecycle of monitoring or audit reviews, from scoping to remediation.
• Previous people management or team leadership experience.

Responsibilities

• Support development and prioritisation of the Compliance Monitoring Plan with focus on Financial Crime.
• Independently scoping, planning, and delivering risk-based monitoring reviews.
• Assessing control effectiveness, documenting findings, and agreeing remediation actions with stakeholders.
• Overseeing progress and quality of reviews within the Financial Crime Monitoring team.
• Managing three direct reports, including objective setting and development.
• Monitoring remediation plans and escalating overdue actions or material risks.
• Preparing management information and governance reporting, and deputising for Head of Monitoring & Surveillance as needed.

Skills

Leadership

Coaching

Risk-based judgement

Communication skills

Stakeholder management

German language skills

English fluency

Education

Degree-level education in Finance, Law, Accounting, Business, Economics

Job description

United by a sense of purpose towards our customers – to be a trusted partner for the long-term – and our universal banking platform in EMEA, SMBC Group has an international growth agenda and award-winning products, meaning we provide exciting opportunities to work on a diverse range of projects and initiatives. We deliver a full suite of corporate finance products and solutions to our customers as well as investment banking and advisory services, and a range of innovative solutions in global capital markets. Read on to find out how you could enhance your skills and gain valuable experience, by joining us to support our clients transition to a sustainable future.

Role Summary

Is the next step in your career at SMBC Group EMEA?

We're looking for a Compliance Monitoring Manager (Vice President) for our Compliance Department to join our team in Frankfurt or Düsseldorf.

This role offers the opportunity to lead a team within an independent second line of defence function and contribute directly to the effectiveness of SMBC EU’s compliance framework. You will oversee the delivery of risk-based monitoring reviews, provide assurance over key regulatory and financial crime controls, and work closely with stakeholders across the three lines of defence to support strong governance and sustainable remediation.

About this role

The Compliance Monitoring & Surveillance team independently assesses whether the Bank’s processes and controls are designed and operating effectively in line with regulatory obligations. Reporting to the Head of Monitoring & Surveillance, this role leads the Financial Crime Monitoring team and supports the planning, execution, and ongoing development of the Compliance Monitoring Plan.

In this role you will be responsible for:

• Supporting the development and ongoing prioritisation of the Compliance Monitoring Plan, with a particular focus on Financial Crime topics
• Independently scoping, planning, and delivering risk-based monitoring reviews in accordance with established procedures and quality standards
• Assessing control effectiveness, documenting findings, identifying root causes, and agreeing proportionate remediation actions with stakeholders
• Overseeing the progress and quality of reviews delivered by the Financial Crime Monitoring team, including first-level review of working papers and stakeholder communications
• Managing three direct reports, including objective setting, performance management, coaching, workload allocation, and professional development
• Monitoring remediation plans, assessing closure evidence, and escalating overdue actions, control weaknesses, or material risks where appropriate
• Preparing management information and governance reporting, while supporting Compliance projects and deputising for the Head of Monitoring & Surveillance when required

The anticipated salary range for this role is €78,000 - €118,000, with the final offer determined based on the candidate’s skills, experience, role scope, location, and relevant market factors. In addition to base salary, the role may be eligible for a discretionary incentive award and a competitive benefits package, including core benefits such as pension provision.

Profile Description

For you to succeed in this role

• Degree-level education, preferably in Finance, Law, Accounting, Business, Economics, or a related discipline; relevant professional qualifications would be advantageous
• Proven experience in Compliance Monitoring, Internal Audit, Risk Assurance, or a comparable testing and assurance function within financial services
• Strong knowledge of Financial Crime Compliance, including Anti-Money Laundering, Counter-Terrorist Financing, associated risks, controls, and regulatory expectations
• Demonstrated experience independently managing the full lifecycle of monitoring or audit reviews, from scoping and testing through to findings, reporting, and remediation follow-up
• Previous people management or team leadership experience, including reviewing team outputs and supporting professional development
• Fluent English; German skills would be an asset

What will you bring to the role?

• Strong leadership and coaching capabilities, with the ability to set clear priorities and maintain high standards across the team
• Sound risk-based judgement and analytical skills, with the confidence to challenge stakeholders and elevate material issues appropriately
• Excellent written and verbal communication skills, including the ability to present complex findings clearly and constructively
• Strong stakeholder management and influencing skills, with the ability to build effective relationships across all three lines of defence
• A proactive and organised approach, with the resilience to manage multiple reviews, projects, and deadlines in a demanding regulatory environment
• Detailed knowledge of German and European Financial Crime regulations and the wider emerging regulatory landscape
• Experience coordinating a Financial Crime Monitoring programme or managing a specialist monitoring team
• Exposure to regulatory remediation programmes, compliance technology solutions, or monitoring methodology enhancements
• Professional certification in Compliance, Financial Crime, Audit, or Risk Management, such as ACAMS, ICA, CIA, or an equivalent qualification

Customer Focus

• Driving Change
• Driving Results
• Judgement and Decision Making
• Strategic and Visionary
• Trust and Integrity

What we offer

For all the expertise and experience you bring to help us make a difference, it’s only sustainable if we support you to build your career and be your best self so we offer competitive company benefits, centred around promoting positive well-bring and work-life balance. We also believe in fostering a diverse and inclusive work environment, where all team members perspectives and contributions are valued. Initiatives in place which promote a diverse and inclusive culture and healthy work life balance include hybrid working, Sport & Social Clubs and Diversity and Inclusion networks.

As an employee of SMBC you have access to a host of both useful and exciting benefit offerings. See below some of the benefits on offer to you:

• Hybrid and flexible working
• Competitive paid leave days
• Benefits to support your physical wellbeing, including private medical insurance
• Various policies to support your mental wellbeing, including a robust behavioural health network with counselling and coaching services
• Access a wide range of learning and development opportunities and career progression opportunities

About SMBC

A trusted partner for the long term
United by a sense of purpose towards our customers - to be a trusted partner for the long-term - and our universal banking platform in EMEA, we deliver a full suite of corporate finance products and solutions to our customers, including corporate, structured and trade finance, leveraged finance, loan market and treasury products. We can also provide investment banking and advisory services and a range of innovative solutions in global capital markets.
Find out more about what we do and who we are at https://www.smbcgroup.com/emea/careers