BSA/AML Compliance Data Analytics Associate

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 Rail Services LLC, Manufacturers Bank, 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 $96,000.00 and $143,000.00. 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 Data Analytics Vice President, FCC Analytics, in the Compliance Department, Americas Division, the Data Analytics Associate performs detailed analytics work in an independent fashion in support of the Compliance Analytics group's goals and objectives. This person will perform the collection, aggregation, analysis and visualization of customer, product, and transaction data. 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, including AML transaction monitoring and sanctions screening systems. Role Objectives Collect, aggregate, analyze, and visualize customer, product, and transaction data to identify trends and evaluate changes of customer, product, and transactional risk exposure. Develop MIS reports for submission to senior Branch management. Apply data from BSA/AML Compliance Department stakeholders to translate qualitative risk factors into responsive risk models that leverage new technology. Work with Japan Research Institute-America partners to develop and test tools and systems in line with policy and regulatory expectations. Apply economic, quantitative, and statistical skills in the development of tools and systems. 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). 4 to 7 years with data, platforms, and data management; BSA/AML compliance, audit, or similar experience desirable BSA/AML compliance experience such as knowledge of analytics regarding customer onboarding, customer due diligence, and/or periodic reviews 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. 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, Alteryx Reporting tools: PowerBI, Tableau, Excel Azure "‹"‹"‹"‹"‹Experience with SharePoint and Microsoft Office suite. Maintains high level of confidentiality, unquestionable character, integrity and professionalism. Knowledge of vendor BSA/AML/OFAC transaction monitoring and sanctions screening systems (e.g., Actimize, Fircosoft) is a plus. ACAMS certified or other equivalent industry certification is a plus. Additional Requirements 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. We are an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, disability status, protected veteran status or any other characteristic protected by law. SMBC provides reasonable accommodations for employees and applicants with disabilities consistent with applicable law. If you need a reasonable accommodation during the application process, please let us know at . 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. We are an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, disability status, protected veteran status or any other characteristic protected by law. SMBC provides reasonable accommodations for employees and applicants with disabilities consistent with applicable law. If you need a reasonable accommodation during the application process, please let us know at .

Created: 2024-11-05