Assistant VP (Compliance) - Sumitomo Mitsui Banking Corporation

SMBC Group; Singapore; On-site; SGD 140,000 - 210,000; Full time

Job summary

SMBC Group seeks an experienced Regulatory Compliance professional to oversee securities-related activities from the perspective of the ultimate parent. You will coordinate with Compliance and Financial Crime teams across banking and securities entities to ensure consistent application of AML and regulatory standards.

The role involves advising on regulatory implications of new products and initiatives, aligning governance frameworks, and supporting cross-border governance and information

Qualifications

• Degree in law, finance, accounting, economics or business.
• Minimum 6 years in Compliance, Legal, Regulatory Advisory, Risk, Audit or related functions.
• Strong knowledge of global markets regulations in Singapore and APAC.
• Familiarity with Securities & Futures Act, Financial Advisers Act, Banking Act, MAS regulations.
• Experience with regional projects or cross-border governance is a plus.

Responsibilities

• Provide oversight of securities-related activities and compliance frameworks from the ultimate parent.
• Collaborate with Compliance and Financial Crime teams across entities to apply AML standards consistently.
• Support integration of policies, procedures and governance across Bank and Securities businesses.
• Advise on regulatory implications of new products, services, initiatives and joint marketing.
• Monitor and test compliance for dual-hatted employees and collaborative models.
• Coordinate with Head Office and regional stakeholders on regulatory matters affecting securities and global markets.
• Support governance initiatives on cross-entity supervision and information sharing.

Skills

Stakeholder management

Analytical thinking

Drafting

Communication

Problem solving

Prioritization

Integrity

Team collaboration

Education

Degree in Law

Degree in Finance

Degree in Accounting

Degree in Economics

Degree in Business

Job description

Job Requirements

• Provide oversight of securities-related activities and compliance frameworks from the perspective of the ultimate parent company.
• Work closely with Compliance and Financial Crime Compliance teams across banking and securities entities to promote consistent application of compliance and AML standards.
• Support the integration and alignment of policies, procedures and governance frameworks across Bank and Securities businesses.
• Advise on regulatory implications of new products, services, strategic initiatives, and joint marketing activities involving multiple entities.
• Monitor and test compliance with regulatory and internal requirements applicable to employees operating under dual-hatting arrangements or collaborative business models.
• Coordinate with relevant Head Office, regional and local stakeholders on regulatory, governance and compliance matters affecting securities and global markets businesses.
• Support governance initiatives relating to cross-entity supervision, information sharing, market conduct controls, and compliance operating model enhancements.

Job Requirements

• Degree in Law, Finance, Accounting, Economics, Business or a related discipline.
• Minimum 6 years of relevant experience in Compliance, Legal, Regulatory Advisory, Risk Management, Audit, Regulatory Reporting or Front Office Control functions within a bank, securities firm, regulator, or professional services organization.
• Strong knowledge of regulatory requirements applicable to global markets, treasury, and securities activities, particularly in Singapore and other major APAC jurisdictions.
• Good understanding of the Securities & Futures Act, Financial Advisers Act, Banking Act, MAS regulations, notices, and industry standards.
• Strong familiarity with global markets products, including:
• Foreign Exchange
• Rates
• Fixed Income
• Securities Financing
• OTC and Exchange-Traded Derivatives
• Structured Products
• Experience managing regional projects, regulatory change initiatives or cross-border governance programs would be advantageous.
• Excellent stakeholder management and communication skills, with the ability to influence across multiple functions and jurisdictions.
• Strong analytical, drafting, and problem-solving capabilities.
• Ability to manage competing priorities, exercise sound judgment and elevate issues appropriately.
• High level of integrity, ownership, accountability, and attention to detail.
• Collaborative, team-oriented mindset with the ability to operate effectively in a matrix environment.

Preferred Experience

• Experience covering both Banking and Securities businesses.
• Experience interacting with regulators, leading regulatory remediation programmes, or overseeing regulatory reporting control enhancements.
• Experience operating within a regional or global compliance function.