FCC Data Analytics Director

 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 MANUBANK, 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 $190,000.00 and $227,000.00. 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

Reporting to the Director, FCC Analytics in the Compliance Department, Americas Division, the Data Analytics Director performs detailed analytics work in an independent fashion in support of the Compliance Analytics group’s goals and objectives. This position is focused on AML and Transaction Monitoring within the BSA/AML/Sanctions compliance space and will execute projects in this space.  This role will also lead support the AML team, liaise with IT counterparts, and oversee issue remediations. They will develop reports for use by SMBC Americas Division and Head Office stakeholders and performs analysis in support of the design, implementation, and enhancement of BSA/AML tools and systems.

Role Objectives

• Execute BSA/AML enhancement projects, in accordance with SMBC and Compliance department strategy.
• Oversee engagement with stakeholder such as model validation team and internal audit to address and observations, findings, and gaps to the AML Model
• Liaise with Japan Research Institute-America partners to effect changes to data such as new developments, enhancements, and issues remediations.
• Develop MIS reports for submission to senior Branch management.
• Work with Japan Research Institute-America partners to develop and test tools and systems in line with policy and regulatory expectations.
• Develop knowledge of new analytical techniques and data sources that provide ongoing risk mitigation, and how emerging data and technology issues may impact the achievement of BSA/AML Compliance Department’s objectives.

Qualifications and Skills

• Bachelor’s Degree in relevant discipline (e.g., Information Technology, Computer Science, Mathematics, Statistics, Analytics, or other related field).
• 10-15 years of BSA/AML compliance experience, particularly with data, platforms, and data management.
• Strong reasoning ability and analytical skills.
• Ability to transform Compliance business problems and requirements into analytics work product.  Ability to develop work product independently and in a fluid environment.
• BSA/AML compliance experience, particularly with data, platforms, and data management.
• Experience in leading AML projects.
• Knowledge of vendor BSA/AML transaction monitoring and sanctions screening systems (e.g., Actimize, Fircosoft)
• Experience with some or all of the following technologies to build analysis and drive insights from data:
  • Database: Oracle (PL/SQL), Microsoft SQL Server (T-SQL)
  • Analytics tools: R, Python
  • Reporting tools: PowerBI, Tableau, Excel