About this role
<p style="margin-bottom:11.0px"><span style="font-size:12.0pt"><em><span style="font-size:9.0pt"><span style="color:#385723">SMBC: A trusted partner for the long term </span></span></em></span></p> <p style="margin-bottom:11.0px"> </p> <p style="margin-bottom:11.0px"><span style="font-size:12.0pt"><em><span style="font-size:9.0pt"><span style="color:#385723"><span style="white-space:pre-wrap">Here at SMBC Group, we want to help you find the next step in your career so read on to discover if this opportunity is the one for you. We like to recognise potential in our people, so we welcome your application even when your experience doesn’t perfectly align with the job description. Whilst we’ll always strive to be better, we’re proud of our inclusive culture, and encourage our applicants and colleagues to be their authentic, unique selves. </span></span></span></em></span></p> <p style="margin-bottom:11.0px"> </p> <p> </p><div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:16.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px">Who we are</H2> </div><div><p>United by a sense of purpose towards our customers – to be a trusted partner for the long-term – and our universal banking platform in EMEA, SMBC Group has an international growth agenda and award-winning products, meaning we provide exciting opportunities to work on a diverse range of projects and initiatives. We deliver a full suite of corporate finance products and solutions to our customers as well as investment banking and advisory services, and a range of innovative solutions in global capital markets. Read on to find out how you could enhance your skills and gain valuable experience, by joining us to support our clients transition to a sustainable future.</p> </div></div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:16.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px">Role Summary</H2> </div><div><p>Is the next step in your career at SMBC Group EMEA? We’re looking for a Head of Regulatory Finance Change to join our team within the Finance department. </p> <p> </p> <p>The purpose of this role is to provide leadership and guidance to the Finance Change team, and to deliver Finance change projects. The role has responsibility over delivering Regulatory Change activities through strong knowledge and experience of UK Prudential Regulations and the EU Regulatory environment.</p> <p> </p></div></div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:16.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px">Business Area</H2> </div><div><p>This role is resides within the Finance function. A dedicated team for Finance Change delivers holsitice change for Finance and this role is specific to change realted to Prudential regulation </p></div></div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:16.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px">Background</H2> </div><div><p>Within the Finance change team is a dedicated resource pool focusing on Regulatory Change who are responsible for supporting, assisting and delivering Prudential Regulatory change impacting SMBC BI Plc (a Corporate & Investment UK Bank) and SMBC group companies across EMEA (key entities being EU branches of the Japanese Parent Bank and a German Bank).</p> <p>This role will have overall responsibility for the Reg. Fin. Change Portfolio, both directly delivering change projects and manage / guide the team, providing drive and leadership as necessary. The role requires extensive knowledge of prudential regulation as well as project management and business analysis experience in delivering multiple complex change projects and managing teams.</p></div></div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:16.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px">Facts / Scale</H2> </div><div><ul> <li>The team currently consists of 5 permanent change professionals and four3 temporary team members</li> <li>The SMBC BI Balance sheet is approx. Usd 70Bn the German Bank Balance sheet is approx. Usd 30Bn</li> <li>The change team support the UK BAU team who are 18 strong and the EU Team who are 8 strong</li> <li>The role will have direct manger responsibility over Regulatory Change professionals, including 1 Dir and 4 VP permanent resource, as well as 3 VP temporary resource</li> </ul></div></div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:16.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px">Accountabilities / Responsibilities</H2> </div><div><ul> <li>Develop and maintain good working relationships with Reg Tech partners and internal ITSD partners, ensuring high quality services levels;</li> <li>Control, manage and drive the change development schedule, prioritising activity and directing developer resource appropriately;</li> <li>Maintain and update the Reg Roadmap strategy, ensuring best in class architecture to support the execution of our Reg Reporting requirements</li> <li>Maintain close liaison with ITSD support and development teams, working in partnership to deliver priorities</li> <li>Manage project work load and work flexibly to prioritise the development resource as necessary;</li> <li>Communicate project progress to senior management and other relevant stakeholders through regular update meetings;</li> <li>Manage the processes for the design, development, support, testing and maintenance of business requirements to deliver projects;</li> <li>Understand and document business requirements to create development specifications, and undertake UAT and implementation testing for various new developments;</li> <li>Support BAU users across the EMEA region, as required, on new and existing functionality;</li> <li>Build a strong team by developing ongoing training and development plans for direct reports;</li> <li>Other Ad hoc project tasks as required;</li> </ul></div></div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:16.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px">Knowledge, Skills, Experience, Qualificitions</H2> </div><div><p><strong>Qualifications</strong></p> <p>Part or fully qualified accountant - Desireable</p> <p>Project Management qualification - Desireable</p> <p><strong>Job Knowledge</strong></p> <p>Extensive experience of Prudential regulation across EMEA - Essential</p> <p>Functional expert and certified business analyst in Banking sector and across multiple countries (system currently supports UK, France, Belgium, Dubai, Italy, German, Spain, Ireland and Netherlands) - Desirable</p> <p>Strong knowledge of data requirements and calculations required for Regulatory output - Essential</p> <p>Financial Product Knowledge (IR & FX Derivatives, Securities, Equity, Loans, Deposits, Current Accounts) gained through working within the banking sector - Essential</p> <p>Experience in producing business requirements in liaison with Regulatory reporting teams - Essential</p> <p>Act as consultant to the Business for all tasks related to Finance Regulatory Reporting - Desirable</p> <p>Ability to be able to interrogate and analyse data on Oracle based platform and / or MsAccess (SQL) - Desirable</p> <p>Provide Knowledge and Documentation support for all aspects of the development life cycle (requirements, gap analysis, test plans, testing, issue and risk logs, user procedures and ongoing continual process improvements) - Essential</p> <p>Needs to be as functionally knowledgeable as the software supplier business experts to be able to engage in discussions and provide meaningful analysis to them, including bug fixing / testing - Essential</p> <p>Knowledge of upgrade procedure for management of all system testing and end to end testing of new software - Desirable</p> <p>Manage testing phases with users in different entities/countries, including software training, user set-up and bespoke development software training - Essential</p> <p>Leadership experience including managing and developing strong performing team - Essential</p> <p><strong>Experience</strong></p> <p>Experience delivering Prudential Regulation change projects - Essential</p> <p>Preparation and analysis of regulatory and statistical reporting - Desirable</p> <p>Working knowledge of reporting query software, spreadsheets and data mining - Essential</p> <p>Experience in providing regulatory analysis to Front and middle office - Desirable</p> <p>Good knowledge of Finance Systems, General accounting and business knowledge - Essential</p> <p>Strong knowledge of all derivative and securities products - Desirable </p> <p><strong>Skills / Abilities</strong></p> <p>Oracle SQL, MS Office Suite, AI literate - Desirable</p> <p>Very IT literate (very good level of Excel skills and basic ability to use SQL) - Essential</p> <p>Broad knowledge and understanding of technical aspects of vendor platforms - Essential</p> <p>Ability to manage all functional issues as they inter-relate between forms and countries - Essential</p> <p><strong>Personal Qualities</strong></p> <p>Self motivated - Essential</p> <p>A proactive individual who is willing and able to become a key player in a vital area of the bank’s development, and recognise opportunities to ensure that the links between regulatory imperatives and business strategy are reconciled in an efficient manner - Essential</p> <p>Able to work in a flexible and responsive manner according to the needs of the company - Essential</p> <p>Ability to multi task and to make progress on several items at the same time - Essential</p> <p>Strong stakeholder management - Essential</p> <p>Positive attitude to the team and customers - Essential</p> <p>Ability to handle pressure of extensive urgent project with tight deadlines - Essential</p> <p>Demonstrable success influencing stakeholders to deliver appropriate outcomes - Essential</p></div></div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:16.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px">Challenges</H2> </div><div><ul> <li>Volume of simultaneous regulatory change</li> <li>Clear communication to stakeholders with varying degrees of subject matter knowledge</li> <li>Rigour in documenting requirements</li> <li>Developing the team</li> <li>Senior stakeholder management</li> </ul></div></div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:16.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px">Competencies</H2> </div><div><div>Customer Focus</div><div>Driving Change</div><div>Driving Results</div><div>Embraces Diversity</div><div>Enterprise Leadership</div><div>Judgement and Decision Making</div><div>Risk Management</div><div>Strategic and Visionary</div><div>Trust and Integrity</div></div></div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:16.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px">What we offer</H2> </div><div><p>For all the expertise and experience you bring to help us make a difference, it’s only sustainable if we support you to build your career and be your best self so we offer competitive company benefits, centred around promoting positive well-bring and work-life balance. We also believe in fostering a diverse and inclusive work environment, where all team members perspectives and contributions are valued. Initiatives in place which promote a diverse and inclusive culture and healthy work life balance include hybrid working, Sport & Social Clubs and Diversity and Inclusion networks.</p> <p>As an employee of SMBC you have access to a host of both useful and exciting benefit offerings. See below some of the benefits on offer to you:</p> <ul> <li>Hybrid and flexible working </li> <li>Competitive paid leave days</li> <li>Benefits to support your physical wellbeing, including private medical insurance and life and invalidity insurance </li> <li>Various policies to support your mental wellbeing, including a robust behavioural health network with counselling and coaching services </li> <li>Access a wide range of learning and development opportunities and career progression opportunities </li> <li>Ambitious remuneration package</li> </ul> <p>So, if you like a challenge and want to continuously grow and develop in a role where you will be supported along the way by a dynamic and diverse team, apply today!!</p> </div></div></div><p> </p> <p style="margin-bottom:11.0px"><span style="font-size:12.0pt"><em><span style="font-size:9.0pt"><span style="color:#385723">We recognise our role as a bank to support social change and welcome all applications, including those from groups often under-represented in financial services. We value the uniqueness of professional and personal, backgrounds and perspectives as they play a vital role in continuing the sustainable growth of our organisation. We’ll ensure reasonable adjustments to our recruitment process are offered due to a disability or long-term condition whenever requested. </span></span></em></span></p> <p style="margin-bottom:11.0px"><em><span style="font-size:9.0pt"><span style="color:#385723">We are committed to transparent and equitable pay practices. Compensation is determined using objective criteria, including skills, experience, and role responsibilities, and applied consistently throughout our recruitment processes. We do not request candidates' pay history and are committed to preventing unjustified pay disparities. </span></span></em></p>