Regulatory Reporting QA 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., JRI America, Inc., SMBC Leasing and Finance, Inc., Banco Sumitomo Mitsui Brasileiro S.A., and Sumitomo Mitsui Finance and Leasing Co., Ltd.

Role Description

Regulatory Reporting Quality Assurance (RRQA), within SMBC's Finance Control Oversight (FCO) function, conducts independent risk-based assessments of U.S. regulatory reporting processes to evaluate reporting accuracy, completeness, conformance with regulatory requirements, and effectiveness of related controls.

The RRQA Associate supports the execution of RRQA assessments under the guidance of assessment leads and Directors. The Associate participates in testing activities focused on internal control effectiveness, reporting logic conformance, and the accuracy of underlying transaction-level data.

The Associate contributes to assessment planning, testing execution, workpaper documentation, issue validation, and continuous risk monitoring activities. The role provides significant opportunities to develop expertise in U.S. regulatory reporting requirements, banking products, and risk-based assessment methodologies.

The position requires strong analytical and problem-solving skills, attention to detail, effective written and verbal communication, and the ability to work collaboratively with stakeholders across Finance, Risk, Technology, and Operations.

Role Objective: Assessment Execution & Support

• Assist with assessment planning activities, including preliminary analysis to understand regulatory report production and data sourcing processes and associated risks and controls.

• Perform walkthroughs, assess risks, profile data, select samples, and perform data analysis in accordance with RRQA methodology and FCO Standards.