Associate, Corporate Compliance Budget Management

Job Level:  Associate
Job Function:  Governance & Assurance

Jersey City, NJ, US, 07311

Employment Type:  Full Time
Requisition ID:  257

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.


The anticipated salary range for this role is between $79,000.00 and $128,000.00. 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.


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.

Role Description

This role will support the Compliance Program Governance team in overseeing the Corporate Compliance Budget process for the Americas Division of SMBC. This role will report into the Director of Compliance Governance.

Role Objectives

  • Oversee the budget process within Corporate Compliance, ensure its consistent application and facilitate ongoing communication, escalation, and resolution through standardized communication routines and tools.
  • Liaise with the Compliance Expat team to ensure Head Office approvals are obtained as necessary.
  • Monitor various systems/platforms related to payments of invoices and ensure timely approval and payment.
  • Prepare budget training materials and conduct training sessions for the Corporate Compliance Vertical Heads and subfunction leads.
  • Lead the annual budget exercise, including preparing kickoff materials and data collection templates, facilitating communication with the Corporate Compliance Vertical Heads and subfunction leads, overseeing data collection and analysis, and preparing initial and final results for presentation to Compliance Management.
  • Coordinate with the Financial Crime Compliance Program Governance team to ensure budget processes and timelines are aligned across the Compliance Department.
  • Support the Program Governance team on the annual Staffing Needs Assessment exercise, including attending the kickoff meeting, facilitating communication with Corporate Compliance Vertical Heads and subfunction leads, assisting with data collection and input into the SNA tool, and preparing initial and final results for presentation to Compliance Management.

Qualifications and Skills

  • 4+ years of direct, relevant experience in financial service operations, compliance, finance.
  • Superior organizational skills, with proven ability to successfully manage multiple, concurrent priorities and adapt as necessary.
  • Demonstrated relationship management skills with ability to build partnerships across teams.
  • Detail oriented with proven ability to challenge and identify opportunities for enhancements within existing processes and practices by leveraging previous experiences.
  • Strong interpersonal skills and ability to collaborate with stakeholders to drive results.
  • Strong Microsoft Excel and PowerPoint skills required.

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.


SMBC is an EO employer – M/F/Veteran/Disability. 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

Nearest Major Market: Jersey City
Nearest Secondary Market: New York City