SMBC Group · 1 week ago
Regulatory Policy Vice President
Jersey City, NJ
Full-time
Hybrid
Mid, Senior Level
$130K/yr - $175K/yr
5+ years expSMBC Group is a top-tier global financial group offering a diverse range of financial services. The Regulatory Policy Vice President role involves providing regulatory reporting advice, issuing policy interpretations, and collaborating with stakeholders to ensure compliance with regulatory requirements.
AdviceBankingFinancial Services
Responsibilities
Collaborate with businesses, regulatory stakeholders and functional areas to resolve emerging regulatory reporting requirements and respond to regulatory reporting questions
Assess the regulatory reporting and capital impact of proposed new products and complex business transactions
Support the Development and maintenance of Regulatory Reporting Policies by drafting, analyzing and presenting key rules and interpretations
Draft new policies related to the upcoming Basel III Endgame
Assist in interacting with members of the Federal Reserve and other regulatory bodies on technical regulatory reporting matters, when necessary
Provide technical expertise to draft comment letters in response to new proposed regulations or changes in existing regulations, when applicable
Participate in regulatory reporting and regulatory policy industry forums, discussing capital, liquidity and other regulatory topics
Provide advice to various stakeholders on issues and questions related to regulatory capital, broker-dealer and capital management, as well as liquidity reports such as the FR 2052a. Properly document the question and response including underlying rationale and analysis
Demonstrate technical knowledge of regulatory capital rules for our banks, bank holding and broker-dealer (e.g., FRY-9C schedule HC-R, FFIEC 041 schedule RC-R, Focus Report)
Assess the impact of the upcoming Basel III endgame proposal and support Regulatory stakeholders in implementing these changes
Assist advocacy efforts and the implementation of new regulatory reporting regulations, when applicable
Provide training materials on key U.S. regulatory reporting requirements for the Bank
Support large scale projects, collaborate with numerous areas across the firm
Support governance and control requirements related to regulatory capital adequacy and liquidity models
Qualification
Required
Bachelor's degree (preferably in Finance, Accounting or Business)
Strong research skills, analytical skills, business writing and presentation skills
Strong knowledge of regulatory capital requirements, including Credit Risk and Market Risk, net capital calculation
Good communication skills, both written and orally, to discuss relevant (complex) topics with senior management or key stakeholders
Good understanding of US GAAP
Preferred
5 to 10 years of regulatory reporting, or advisory experience in the banking industry
Benefits
Annual discretionary incentive award
Competitive portfolio of benefits
Company
SMBC Group
SMBC Group is a top-tier global financial group.
10001+ employees
H1B Sponsorship
SMBC Group has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (160)
2024 (87)
2023 (73)
2022 (44)
2021 (29)
2020 (26)
Funding
Current Stage
Late StageLeadership Team
Hirofumi Otsuka
Senior Managing Executive Officer & CEO of Americas Division
Juan Kreutz
Head of Structured Finance Solutions and Deputy Head of the Americas
Recent News
Company data provided by crunchbase