Finance Regulatory Policy Specialist

1 month ago


Jersey City, New Jersey, United States Sumitomo Mitsui Banking Corp Full time
Job Title: Finance Regulatory Policy

SMBC Group is a top-tier global financial group with a 400-year history. We offer a diverse range of financial services, including banking, leasing, securities, credit cards, and consumer finance. Our Group has over 130 offices and 80,000 employees worldwide in nearly 40 countries.

We are seeking a highly skilled Finance Regulatory Policy professional to join our team. As a key member of our regulatory reporting team, you will be responsible for providing regulatory reporting advice, issuing policy interpretation and guidelines on technical regulatory issues involving our New York Branch, Bank Holding Company, broker/dealer and other affiliates.

Responsibilities:
  • Rule Interpretation: Provide advice to various stakeholders on issues and questions related to regulatory policies, product analysis and application of regulatory reporting requirements, documenting the question and response including underlying rationale and analysis.
  • Policy Issuance and Advocacy: Support the Development and maintenance of Regulatory Reporting Policies by drafting, analyzing and presenting key rules and interpretations. Assist in interacting with members of the Federal Reserve and other regulatory bodies on technical regulatory reporting matters, when necessary.
  • Change Management: Support advocacy efforts and the implementation of new regulatory reporting regulations, when applicable. Provide training materials on key U.S. regulatory reporting requirements for the Bank.
Qualifications and Skills:
  • Bachelor's degree in Finance, Accounting or Business.
  • 5 to 10 years of regulatory reporting or advisory experience in the banking industry.
  • Strong research skills, analytical skills, business writing and presentation skills.
  • Strong knowledge of regulatory capital requirements, including Credit Risk and Market Risk, net capital calculation.
  • Good communication skills, both written and orally, to discuss relevant topics with senior management or key stakeholders.

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 .



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