SMBC Group is looking to improve the assessment of processes and controls within their Securitized Products and Capital Solutions business, aiming to proactively identify threats, vulnerabilities, and potential future incidents, while also enhancing efficiency and strengthening existing controls.
Requirements
- Process and control design, including process mapping and process reengineering
- Experiece with of risk assessment, issue management and change management and continuous process improvement practices
- Prior knowledge with underwriting and syndication processes of Collateralized Loan Obligations issuance process
- Knowledge of Capital Markets, CLO, Loans compliance and risk management requirements & best practices
Responsibilities
- Leads and provides expert guidance on assessment of processes and controls across the end-to-end transaction lifecycle, proactively assessing threats, vulnerabilities, and possibility of future incidents
- Performs process re-engineering to improve efficiency and strengthen controls within Securitized Products and Capital Solutions.
- Coordinates Securitized Products and Capital Solutions interactions with 2nd Line of Defense functions, Internal Audit, and Regulators pertaining to processes and controls.
- Performs risk management framework and related risk assessments of Securitized Products and Capital Solutions, supporting the Coverage and Capital Markets/Structured Finance Solutions Vertical BCO
- Support 1st LoD via performance of issue management & root cause analysis
- Liaises between Securitized Products and Capital Solutions and control functions to execute on 2nd Line of Defense risk assessments (e.g., RCSAs), as required
- Oversee 1st LoD activities and assist specialized domain SMEs (e.g., IT Risk, Data Governance) in the implementation of their programs within the Securitized Products and Capital Solutions.
Other
- The Securitized Products and Capital Solutions BCO is responsible for the full scope of Securitized Products and Capital Solutions processes & controls.
- The Securitized Products and Capital Solutions BCO reports directly to the Coverage and Capital Markets/Structured Finance Solutions Vertical Business Control Officer.
- Ensures the business unit is operating in compliance with applicable laws, rules, and regulations, provides oversight of processes designed to comply with the requirements
- Provides education for Securitized Products and Capital Solutions staff to ensure awareness of and adherence to policies, standards, and procedures, disseminating best-practice guidance
- Strong leadership and communication ability, inclusive of conflict resolution and project management abilities
- 5-7 years of specialized experience in Financial Services
- 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.
