Director, Head of Registrations

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

The anticipated salary range for this role is between $ and $. 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.

The Head of Registrations will report to the Head of Employee Compliance with responsibility to lead the Registrations Program across the Americas Division, as a subject matter expert and process owner. This role has primary responsibility for leading and managing a centralized Registrations Program that includes individual and firm registrations, employee lifecycle, continuing education (“CE”) program management and Associated Persons (“AP”) designation and tracking.

The role will work closely with the SMBC Nikko Securities America, Inc., Chief Compliance Officer, SMBC Americas Division Head of Ethics Office, business unit supervisors, subject matter experts and compliance officers, Legal, Human Resources, Technology, and vendors.

• Oversee, lead and manage a team who is responsible for all aspects of following:
• Individual and firm registrations: U4, U5, BD and   filings, Monthly Safe Harbor tracking and maintain AP list, licenses and supervisory reporting map.
• Entity and individual NFA filings:
  Forms 7-R and 8-R.
• CIRO and OSC registration for entities and individuals.
• Employee lifecycle:
  Coordinate with Human Resources on pre-hire background check process, fingerprinting and reporting.
• CE program management:
  Regulatory element, firm element and contribute to other trainings..
• Assist staff seeking registration, open exam windows, order study materials, submit waiver requests
• Manage certain processes related to AP of SMBC Nikko Americas
• Build strong working relationships with business line supervisors, Compliance, Legal, Human Resources and others across the firm to ensure a collaborative approach to managing the Registrations Program.
• Implement a new registrations application to support workflows across the Registrations Program.
• Manage internal audits and regulatory examinations, and assist with responding to regulatory inquiries.
• Respond to FINRA and State regulators as needed

• At least 15 years of institutional broker-dealer compliance experience, with a minimum of 10 years of managing a Registrations team.
• Understanding of industry best practices to allow for benchmarking.
• Deep knowledge of relevant FINRA, SEC, CFTC, NFA Rules and Regulations.
• Active FINRA licenses is a plus.
• Knowledge of Web CRD, Gateway, Form U4, U5, BD,   and reporting.
• Experience managing a firm’s CE program.
• Experience managing the implementation and roll-out…