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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 MANUBANK, 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 $198,000.00 and $240,000.00. 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

The Outside Business Activities and Contributions Lead will report to the Head of Employee Compliance with responsibility for oversight of the firm’s outside business activities, private investments and political contributions program (“Program”). This leader will manage the Program across the Americas Division, serve as the subject matter expert with strong issue spotting and problem solving skills to escalate matters. The role will work closely with the SMBC Nikko Securities America, Inc., Chief Compliance Officer, SMBC Americas Division Head of Ethics Office, business unit supervisors, compliance officers, Legal and Human Resources.

Role Objectives

+ Oversee, lead and manage a team who is responsible for performing due diligence, analysis and recommendation for managing potential employee related conflicts of interests.

+ Assign, monitor, review and lead team members on program workflow.

+ Build strong working relationships with business line supervisors, Compliance, Legal, Human Resources and others across the firm to ensure a collaborative approach to managing the Outside Business Activities and Contributions Program.

+ Manage team’s participation in the Charitable Contribution review process.

+ Oversee team’s ad hoc and quarterly testing related to political contributions for MFPs and Covered Associates.

+ Coach and mentor team members.

+ Manage internal audits and regulatory examinations.

+ Lead refresh process for Policy and Procedures.

+ Other duties as required.

Qualifications and Skills

+ At least 15 years of institutional broker-dealer compliance experience, with a minimum of 10 years of managing an outside business activities, private investments and political contributions program.

+ Strong knowledge of concepts and procedures for managing employee related conflicts of interest in the financial services industry.

+ Strong analytical skills, including analyzing complex problems and providing effective solutions.

+ Strong judgment, political astuteness and sensitivity to cultural diversity.

+ Developing policies, procedures and implementing projects and programs.

+ Demonstrated track record of managing multiple complex projects simultaneously and reprioritize work as required.

+ Excellent communication and interpersonal skills.

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. Hybrid work may not be permitted for certain roles, including, for example, certain FINRA-registered roles for which in-office attendance for the entire workweek is required.

SMBC provides reasonable accommodations during candidacy for applicants with disabilities consistent with applicable federal, state, and local law. If you need a reasonable accommodation during the application process, please let us know at [email protected].

EOE, including Disability/veterans