Operations Supervision & Controls

Operations Supervision & Controls

The Securities Operations Group within SMBC Nikko Securities America, Inc. is seeking an Associate level candidate to join the Supervision and Controls Team. The role reports to the Head of Supervision and Controls. The primary office location for this position can be either in Jersey City, NJ or in White Plains, NY.

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.

SMBC Nikko Securities America, Inc. is a member of the Sumitomo Mitsui Financial Group (SMFG), one of the world's largest global financial institutions. Based in New York City, we are an SEC registered Broker dealer that provides financial products and services to global institutional clients, focusing on North America and Latin America.

Role Objectives

• Oversee outsourced Operations Services to Broadridge BPO; services include but not limited to :
• Settlements (FED, DTC, and Euroclear)
• Tracking and settlement of P&I
• Tracking and settlement of TMPG fail charges
• Support of Corporate Actions
• Conversions (144A / REG S)
• Sec Lending
• Client and Static Data Setup and Management
• Intermediary between BPO and Nikko Operations
• Review and maintenance of system access and levels of permission
• Coordinate across Nikko Operations teams to maintain procedures, desktop manuals, and WSP's
• Maintain Business Continuity plans and testing for Nikko Operations
• Maintain controls for SEC 17a13 and 15c3-3 Possession or Control regulatory mandates
• Build strong relationship with Middle Office and Charlotte peers
• Proactive management and timely escalation of emerging risks / issues to relevant stakeholders and senior management

Core Competencies / Skills

Qualifications and Skills

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.

Nearest Major Market : Jersey City Nearest Secondary Market : New York City