Head of Regulatory Affairs - Director (12m FTC) - 19428

Here at SMBC Group, we want to help you find the next step in your career so read on to discover if this opportunity is the one for you. We like to recognise potential in our people, so we welcome your application even when your experience doesn’t perfectly align with the job description. Please note this role is a 12 month fixed term contract.

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.

We are looking for a Head of Regulatory Affairs (Director) to join our team for a 12 month Fixed Term Contract. The role will help lead and maintain effective relationships with UK regulators. This is a one year secondment opportunity as the Head of Regulatory Affairs in the UK.

In this role you will:

• Be a Subject Matter Expert in UK regulatory engagement for the benefit of senior management, internal committees, major enterprise-wide projects and offices across the EMEA region.
• Responsible for providing advice on regulatory engagement strategy to senior management.
• Responsible for the timely and accurate submission of regulatory returns.

For you to succeed in the role, you’ll need to have:

• Strong knowledge of PRA Rulebook and FCA Handbook is required as well as understanding the supervisory approaches and assessment processes of each UK regulator.
• Strong communication and coordination skills in order to achieve a consistent approach to engaging with the regulators in the UK and as necessary across the EMEA Division including the preparation and/or review of regulatory communications, briefing of senior management, including Board and Management Committee members; and taking minutes at regulatory engagements.

The Compliance Department helps SMBC Group in EMEA to meet the expectations of our customers, regulators, colleagues and other stakeholders. Compliance assists with this by analysing regulation and enforcement trends and interpreting them into policies, standards and resources for everyone to use in their day-to-day activities.

All communications with regulators must be handled in a professional manner, this role is one of the small number of those identified with sufficient technical expertise to communicate with a regulator and/or provide the regulators with information outside of normal regulatory reporting.

Internally, the role requires close collaboration with Senior Management and stakeholders across a broad range of departments; STPD Planning, STPD Legal, STPD Company Secretary, STPD SMR, STPD HRRMD, STPD F&C and in providing advice and input on regulatory matters.

Our role will allow you to:

• Act as a Subject Matter Expert in Regulatory Affairs.
• Maintain an effective, professional and proactive relationship with UK regulators and assist the Local Compliance Officers in dealing with their regulators in the EMEA.
• Manage regulatory engagements such as meetings, teleconferences and visits.
• Coordinate with/respond to Head Offices on information required for JFSA and supervisory colleges.
• Prepare briefings and materials appropriate to meet regulatory expectations.
• Take accurate and succinct minutes of high standard noting down any actions.
• Prepare committee papers and reports highlighting the key regulatory issues to senior management.
• Review consultation papers and policy statements from UK and EU regulators to ensure the requirements can be assessed correctly and implemented in a timely manner.
• Manage and develop the Regulatory Affairs Team members.
• Participate in other Compliance initiatives to share and expand knowledge.

For all the expertise and experience you bring to help us make a difference, 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.

So, if you like a challenge and want to continuously grow and develop in a role where you will be supported along the way by a dynamic and diverse team, apply today!!

We recognise our role as a bank to support social change and welcome all applications, including those from groups often under-represented in financial services. We value the uniqueness of professional and personal backgrounds and perspectives as they play a vital role in continuing the sustainable growth of our organisation.

We’ll ensure reasonable adjustments to our recruitment process are offered due to a disability or long-term condition whenever requested.