At a Glance
- Tasks: Enhance AML capabilities and support financial crime transaction monitoring systems.
- Company: Join SMBC Group, a trusted partner in universal banking with a global presence.
- Benefits: Enjoy hybrid working, competitive leave, and comprehensive wellbeing support.
- Other info: Be part of a diverse team committed to continuous learning and growth.
- Why this job: Make a real impact on financial crime prevention while advancing your career.
- Qualifications: Proven FC expertise and hands-on experience in transaction monitoring systems.
The predicted salary is between 72000 - 88000 £ per year.
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
The purpose of this role is to work firm wide to enhance the 1LoD Anti-Money Laundering (AML) capability, aligning to the Three Lines of Defence model, working closely with Operations, IT and Compliance to uplift the operating model to meet customer and regulatory expectations of Financial Institutions. With the regulatory environment expectation becoming more demanding, establishing a dedicated 1LoD AML capability is essential to support the growth ambitions of SMBC EMEA over the next 3-5 years.
As we continue to enhance the First Line of Defence capability across the range AML domains, specifically Transaction Monitoring (TM), this role will work with the Director of AML & Financial Crime (FC) supporting the AML Business Service Ownership team to identify relevant AML risks as well as execute actions to manage and mitigate. In this role you will support the AML Director in defining the strategy, ownership and operational excellence of financial crime transaction monitoring systems, driving transformation and enabling regulatory compliance.
The role requires a proven track record in FC roles as well as technical experience in TM, including system implementation. For you to succeed in the role, you will need to have:
- FC expertise, including understanding FC Risks, Customer profiling, Risk Management including risk assessments and coverage assessments.
- Hands-on technical experience in implementation of TM systems including business requirements, functional specifications, model validation and tuning.
Business Area
The EMEA Division of SMBC includes SMBC Bank International plc, SMBC Bank EU AG and SMBC Nikko Capital Markets Limited (and other subsidiaries and affiliates) and provides Commercial and Investment Banking services to a wide client base across Europe, Middle East and Africa. The Division is headquartered in London and has office and branch locations in 17 countries and a headcount of > 3,000 staff. This role sits with EMEA Operations comprises circa 800 staff, located in 7 countries across the region.
Position Description
This role is responsible for:
- Supporting the AML Director on the strategy for TM
- Aiding the implementation of new TM Platforms, driving delivery of tuning, effectiveness, system upgrades, and integration
- Establishing standardised operating models, governance controls, and quality frameworks across the platform
- Monitoring rule performance, risk, compliance, and audit findings, and leading the implementation of continuous improvements, remediation actions, and control uplifts
- Mentor junior team members and promote a culture of continuous learning
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-being 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 and life and invalidity 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.
AML & Financial Crime Vice President employer: SMBC Group
At SMBC Group, we pride ourselves on being an excellent employer, offering a dynamic and inclusive work culture that values diversity and encourages personal growth. Our London-based Finance Change team provides exciting opportunities to lead innovative projects while enjoying competitive benefits, including hybrid working and comprehensive wellbeing support, all aimed at fostering a healthy work-life balance. Join us to be part of a forward-thinking organisation committed to driving change and supporting your career development in the financial sector.
StudySmarter Expert Advice🤫
We think this is how you could land AML & Financial Crime Vice President
✨Tap into Campus Networks
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We think you need these skills to ace AML & Financial Crime Vice President
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
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How to prepare for a job interview at SMBC Group
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with SMBC Group.
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✨Network with Industry Professionals
Before your interview, reach out to current or former SMBC Group employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
