Regulatory Officer, Associate (Exam Management)

Role Description

The Regulatory Relations and Public Policy Group (RRPP) is dedicated to managing supervisory engagements and advising on governmental and regulatory strategy in support of SMBCs enterprise goals and business strategies. The Regulatory Relations team is the primary contact for regulatory interactions and exam management for U.S. regulators.

The Regulatory Officer Associate works with the Regulatory Relations team to implement and execute SMBCs regulatory engagement framework and strategy in connection with its supervisory and prudential regulators.

Role Objectives

This role is responsible for supporting regulatory examination and/or advisory services including but not limited to:

• Participating in all phases of the regulatory examination lifecycle such as responding to entry letters and information request; preparing responses; documentation and presentations; coordinating and documenting key meetings with stakeholders; and recordkeeping and reporting.
• Performing due diligence reviews to ensure the quality of the documentation before submission to the regulators.
• Notifying senior management and other relevant personnel of upcoming examinations and advises on scope focus and expectations.
• Coordinating routine continuous monitoring meetings with regulators and firm employees to ensure regulatory needs are addressed; documenting the content of meetings and timely communicating to senior management and relevant parties.
• Tracking the status of regulatory inquiries exams reviews and findings and circulates information in periodic status reports.
• Maintaining regulatory communications transmittal letters management responses and remediation actions.
• Escalating potential issues observed during or outside the exams and reviews to ensure proper resolution.
• Working closely with all Regulatory Relations team members and assisting with other Regulatory Relations functions as needed.

Qualifications and Skills

• College degree or equivalent required. Graduate law or business degree recommended.
• At least 3 years of financial services experience at a regulator bank or law firm. Prior experience with financial services regulator or FBO and/or a background in finance accounting or risk management is strongly preferred.
• Strong project management skills supporting examinations and regulatory projects for the financial services industry.
• General understanding of financial markets and financial services regulatory requirements.
• Attention to detail with ability to complete work accurately and in a timely manner against strict deadlines.
• Proficient in organizing and tracking progress on multiple tasks and projects with strong follow through and time management skills
• Ability to work independently under moderate supervision.
• Excellent analytical verbal and written communication skills.