KYC Advisory & Controls Associate

Kyc Advisory & Controls Associate

Within the Compliance Operations Department, the KYC Advisory & Controls Associate is responsible for promoting oversight and control within the KYC program including : customer onboarding, and periodic reviews, and account opening. Will support strengthening processes and controls across the KYC program as well as escalate to management when issues / risks may arise. This role will require tracking of all audit and exam related requests as well as ensuring a timely and accurate response is provided. This role will also involve assisting in promoting consistency in policies, procedures and reference materials across the entire KYC program. Reporting to the KYC Controls and Oversight Director, the KYC Advisory & Controls Associate will assist in promoting overall accountability for related operational efficiencies and customer data integrity for SMBC, Bank and subsidiaries in accordance with external rules and regulations as well as internal policies and procedures of SMBC and Head Office.

The KYC Advisory & Controls Associate may direct the day-to-day work of employees, may have a formal management role, and contributes to broader strategic department planning.

Role objectives include :

• Field questions from the KYC team as well as the Front Office related to AML / KYC processes including client onboarding and periodic KYC reviews.
• Knowledge of the Know Your Customer (KYC) / Anti Money Laundering (AML) protocols.
• May manage employee relations, performance management, and mentorship for all in scope members.
• May have responsibility for planning and budgeting within the KYC team.
• Identify and communicate control gaps, risks, proposed improvements.
• Provide program governance, oversight, and monitoring in accordance with SMBC's Policies and Standards.
• Participate in initiatives that streamline and improve the KYC processes. Including the maintenance and creation of KYC procedures and desktop reference materials.
• Build strong relationships and coordinate with key stakeholders across the KYC Program.
• Stay current on emerging regulatory requirements and best practices, and drive enhancements to KYC framework and controls.
• Ensure KYC policy and procedure and requirements remain up to date
• Coordination for project and program management regulatory concerns and providing guidance during internal / external audits.
• Assist remediation efforts from internal / external audit findings from a strategic and execution perspective.

Qualifications and skills include :

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.