What are the responsibilities and job description for the Corporate Compliance - Head of Quality Assurance position at SMBC Group?
The anticipated salary range for this role is between $208,000.00 and $225,000.00. 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 role is primarily responsible for ensuring that the Monitoring and Testing team (M&T) and Compliance Risk Assessment teams executes their activities in accordance with the established program. This responsibility includes implementing a strong level of governance as well as ensuring that common standards and consistent practices are being achieved across all compliance testing disciplines and Compliance Risk Assessment.
Role Objectives
- Quality Assurance — overseeing and ensuring that all testing work papers and associated documentation are prepared appropriately in order to effectively communicate testing scope and results to Monitoring and Testing Management and Compliance Risk Assessment management Senior Management and business unit management;
- Management Information System Reporting — providing regular reporting to senior management and, as applicable, executive-level committees responsible for ensuring appropriate risk and compliance management;
- SharePoint maintenance and Monitoring — supervising the setup of Annual Monitoring and Testing Plans at the beginning of each fiscal year and monitoring subordinate staff to ensure that all assigned Compliance Reviews are documented on the CPAD Monitoring and Testing Central Repository and changes and updates are reviewed and approved by the appropriate personnel;
- Issue Tracking — managing the development and implementation of a CPAD Quality Assurance Issue tracking process;
- Policy and Procedure Review — supervising the Annual Review of the CPAD Quality Assurance policies and procedures in order to comply with Bank policies ; and
- Management and Training of Staff — managing Quality Assurance Practices staff, ensuring the timely completion and reporting of QA activities; and supervising the development and delivery of internal training to address enhancement opportunities identified in the Quality Assurance process and to ensure that Testing Teams and Compliance Risk Assessment team are up-to-date with best practices.
Qualifications and Skills
LI-RCH
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 accommodations@smbcgroup.com.
Salary : $208,000 - $225,000
