Director, Compliance Advisory, Nikko Securities

The Compliance group within SMBC Nikko Securities Inc. serves as a regulatory advisory function to the President and is responsible for overseeing the management of the broker dealer's compliance risk and is represented by the Chief Compliance Officer as either a member or observer of various committees such as the New Product, Underwriting, Risk Management, Compliance, IT Risk and Trainingcommittees.

The Compliance Advisory Director role may manage a coverage area or process with a large amount of independence. Incumbents are typically referred to as subject matter experts and known internally and externally as a reliable, knowledgeable resource. Incumbents may develop and exercise business plans, policies and procedures, as well as oversee various assigned projects to improve efficiencies. Individuals at this level have a clear understanding of the firm's different businesses and the related economics. Primary focus of role is on day-to-day advisory and monitoring, although roles also contribute to strategic planning within area of expertise. Reports directly to the Head of Private Side Compliance Advisory for SMBC Nikko Securities Inc.

• Responsible for providing regulatory and compliance advice, identifying training needs, preparing and providing training and conducting monitoring of relevant business units.

• Provides advice on regulatory and compliance requirements to business unit management and staff so that they may conduct their business in conformance with regulatory requirements.
• Advises and provides regulatory guidance on establishing a reasonably designed supervisory system including to create and update written supervisory procedures.
• Conducts monthly meetings with business unit management to proactively identify emerging business issues and discuss related or new regulatory requirements.
• Interfaces with regulators and Internal Audit during compliance related examinations / audits related to coverage area.
• Researches and drafts responses to regulatory inquiries.
• Advises business units on the maintenance of their policies and procedures with focus on current compliance framework as reference point.
• Coordinates and collaborates with affiliates to address cross border issues, reporting requests and special projects.
• Seeks operational efficiencies and automation of processes to reduce risk of manual processes.
• Provides training to covered business units.
• Leads / Contributes to various reporting requirements and other ad hoc investigations.
• Works closely with other supporting units to help create and maintain best practice across the Firm.

Critical Job Knowledge and Core Competencies/Skills:

• Asolid foundation in US securities laws and regulations and broker dealer operations.
• Ability to communicate this knowledge and applicability to SMBC Nikko Securities Inc.and affiliate operations.
• Understanding of the products, services and business of SMBC Nikko Securities Inc.and affiliates.
• Ability to manage multiple assignments and build consensus among stakeholders.
• Ability to translate technical subject matter and convey it in easily understandable components for the clients.
• Attention to detail and discipline to follow up on issues until resolved.
• Must be well organized with project management skills
• 10+years of regulatory and/or advisory compliance experience at a broker dealer. BA/BS required. Series 7, 24, 79 a plus.

D&I Commitment

Responsible for fostering a culture of diversity and inclusion, holding leaders accountable for creating an inclusive environment through awareness and practice of equity in recruiting, developing, and promoting diverse talent.