Job Information
SMBC CPAD Anti-Fraud Governance Associate in Jersey City, New Jersey
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 Rail Services LLC, Manufacturers Bank, 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 $80,000.00 and $132,000.00. 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
This position sits within the Compliance Anti-fraud Team which is part of the SMBC Compliance department (CPAD). The Anti-fraud Team is responsible for developing, overseeing, maintaining, and supporting the Anti-fraud program including, Internal Fraud Risk Management. This team acts in an advisory capacity and as a subject matter expert providing credible challenge to in-scope first line of defense activities and performing second level controls.
This role will report and assist the VP of Anti-Fraud Governance, CPAD, with initiatives pertaining to the Internal Fraud program. The chosen candidate will assist in developing policies and procedures, related training, and communications as well as support with assigned projects aimed to improve program effectiveness and efficiencies.
Role Objectives
The job responsibilities are described herein, but are not all inclusive:
Assist management in re-mediating open Audit Findings and Self-Identified Issues linked to the Anti-Fraud program.
Assist in updating related trainings, communications, and support the development and maintenance of fraud policies and procedures.
Support the team with multiple and simultaneous projects, liaising with other stakeholders in planning, knowledge management, and standards development.
Coordinate and assist gathering of documents, tracking activities, and requirements associated with issue management, audit, risk assessments, and deliverables related to CPAD’s Anti-Fraud initiatives.
Assist with identifying, analyzing, monitoring, and reporting fraud metrics, and creating dashboard reports.
Coordinate with stakeholders to ensure timely and accurate completion of project deliverables.
Develop and maintain partnerships and good working relationships with stakeholders.
Adhere to proper departmental practices to consistently maintain and safeguard confidentiality of information and support the highest level of ethical standards.
Identify opportunities and recommend enhancements to systems and processes
Assist with ad-hoc projects, reviews, and investigations when the need arises.
Qualifications and Skills
Knowledge in banking regulations and experience with working in Fraud, Financial Services Compliance, auditing, or another regulatory field.
Ability to support formulating policies, procedures, and related documentation.
Highly analytical with effective research, professional networking, and interpersonal skills
Demonstrated ability to build and maintain strong credible relationships with key stakeholder groups
Ability to work in a dynamic environment, and adjust to changing priorities
Technical proficiency in Microsoft Office (Word, Excel, Power Point, etc.) and have strong verbal and written communication skills to relay information efficiently.
Self-motivated and able to handle tasks with minimal supervision
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.
We are an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, disability status, protected veteran status or any other characteristic protected by law. SMBC provides reasonable accommodations for employees and applicants with disabilities consistent with applicable law. If you need a reasonable accommodation during the application process, please let us know at accommodations@smbcgroup.com.