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 MANUBANK, 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 $97,000.00 and $. 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.

Reporting into the FCC Data Governance Director within the FCC Analytics group in the Americas Division Compliance Department, the Data Analytics Associate performs detailed analytics work in an independent fashion in support of the Compliance Analytics group’s goals and objectives.

The position is focused on strengthening the BSA/AML data governance program within FCC. The person in this role will focus on enriching the data governance metadata for data elements within FCC’s environment and strengthening the data controls and monitoring performed for BSA/AML data elements, such as for key fields used in BSA/AML models.

• Review Compliance standards and procedures documents to identify appropriate data requirements for key BSA/AML data elements
  
  Develop data controls for monitoring completeness and accuracy of customer, account, and transactional BSA/AML data
• Identify and investigate BSA/AML data issues and exceptions using data from SMBC’s customer, account, and transactional relational databases
• Create remediation plans for identified BSA/AML issues and collaborate with central data governance department through resolution
• Document BSA/AML business requirements for updates to Compliance data systems managed by SMBC’s JRIA technology team
• Review ETL design and code to identify loading and transformation data issues for BSA/AML data received from upstream systems
• Catalogue BSA/AML key data element and data controls metadata for bank-wide data governance platform
• Develop BSA/AML data governance program reporting for Compliance senior management

• Required skills and experience:
• 4 to 7 years of experience with data analysis or data management and BSA/AML compliance or internal audit
• Ability to transform BSA/AML business problems into technical requirements and analytics work products
• Ability to create and review complex queries to extract data from Oracle (PL/SQL) and Microsoft SQL Server (T-SQL) databases
• Knowledge of at least one BSA/AML domain:
• Transaction Monitoring / Financial Intelligence Unit (TM / FIU)
• Customer Risk-Rating (CRR)
• Know Your Customer (KYC)
• Sanctions Screening
• Preferred skills and experience:
• Experience with vendor BSA/AML/OFAC transaction monitoring, sanctions screening, or customer onboarding systems (e.g., Actimize, Fircosoft, Fenergo)
• Experience with data governance tools, specifically Collibra Data…