Compliance Specialist
16 hours ago
Headquartered in Tokyo, Sumitomo Mitsui Banking Corporation (SMBC) is one of the largest Japanese banks by assets, with a strong global presence and a network that extends across 39 countries and regions. With a history dating back to 1880, SMBC has established itself as a leading financial institution, offering personal, corporate and investment banking services to its extensive customer base.
Job SummaryWe are seeking an experienced Compliance Specialist to join our team in India, specifically in the area of Compliance Testing and Monitoring. The successful candidate will be responsible for conducting regular compliance audits and risk assessments, ensuring adherence to Head Office and RBI guidelines, and submitting reports to management and local committees.
Key Responsibilities- Conduct comprehensive compliance testing and monitoring, including the submission of Tranche data, to ensure adherence to regulatory requirements.
- Prepare and submit regular reports to senior management and local committees, highlighting key findings and recommendations.
- Carry out annual Compliance Risk Assessments and develop Action Plans to mitigate identified risks.
- Foster close working relationships with department heads to ensure timely closure and rectification of Compliance Observations.
To be successful in this role, you will need:
- A deep understanding of Compliance Functions within Financial Institutions, preferably with experience in foreign banks.
- Strong skills in Compliance, Internal Audit, and Risk Management, ideally gained through experience in bank audit or CA firms.
- No less than 4 years of relevant experience in a similar role.
- Bachelor's or Master's degree in a relevant field, with professional certifications preferred.
We offer a competitive salary package, which includes a basic pay of approximately ₹12,00,000 per annum, plus additional benefits and bonuses based on performance.
About UsAt SMBC, we value integrity, customer satisfaction, and innovation. We strive to provide exceptional service to our clients and foster a collaborative work environment. If you are passionate about Compliance and eager to take on new challenges, please apply now
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