Title: Vice President
HK

Sumitomo Mitsui Banking Corporation (三井住友銀行) (incorporated in Japan with limited liability) is one of the major international banks and a leading arranger of specialized financial products worldwide. The Bank's Hong Kong Branch is now seeking high calibre individuals with long-term career objectives to apply for the following position:
Vice President -
Global Transaction Banking Dept - Hong Kong Group
Job Duties & Responsibilities:
• Facilitate and lead certain implementation of transaction banking products in Hong Kong, taking account of all relevant issues such as law and regulations, technology;
• Make all necessary arrangements for product implementation when delegated to; Monitor the progress of such arrangements and implementation, and report them;
• Assist in product planning and provide ideas and suggestions for designing transaction banking products and related matters such as priority of enhancements, procedures, checking for proper documentation, accuracy, approval, etc., on project as well as on day-to-day basis;
• Assist the department and be in charge of certain items in responding to examination requests from Quality Assurance, Legal& Compliance, Branch Management, Head Office, Internal and External Auditors, Regulators, etc.
• To expand transaction business in Hong Kong.
• Discuss with stakeholders of transaction banking products; Gather Information and analyze; According to the information, assist or become solely responsible in creating implementation plan for transaction banking products, taking account of all relevant issues such as law and regulations, technology, resources, risks; Obtain necessary approvals
• Follow up implementation plans and monitor the progress, making all necessary arrangements such as system testing, update of procedures, reporting, etc.
• Collaborate with Head Office and other SMBC offices, such as initiating and participating in discussions and meetings, to provide ideas and suggestions for designing transaction banking products and related matter, to maximize business opportunities, minimize and control risks, given limitations such as in the aspects of compliance, technology, resources, etc
• Plan for and timely update procedures to ensure compliance in the Department; Conduct day-to-day checking of the department’s work and environment to ensure the quality such as on compliance to procedures, accuracy, etc
• Assist the department and be in charge of certain items in responding to examination requests from Quality Assurance, Legal & Compliance, Branch Management, Head Office, internal and external auditors, regulators, etc., including gathering information and documents, answering interrogation.
Requirements:
- Independence, proactiveness, analytical mind, and reliability
- Good knowledge of transaction banking products aw well as related issues on lawand regulation, risks control
- Good communication and interpersonal skill
Please apply with detailed resume stating latest and expected salary.
SMBC is an equal opportunity employer. We are committed to fostering a diversified and inclusive workplace and removing barriers to provide equal access to employment.
Note on Mandatory Reference Check ("MRC") Scheme:
The MRC Scheme seeks to address the "rolling bad apples" phenomenon in the banking sector in Hong Kong, i.e. situations where individuals who engage in misconduct during their employment in one institution are able to obtain subsequent employment in another institution without disclosing their misconduct to the new employer. Against this background, the HKMA proposed a framework to facilitate Authorized Institutions ("AIs") to bilaterally obtain reference information during their recruitment process for certain positions, such that misconduct information in an individual's previous employments can be provided to AIs to inform their employment decisions.
For in-scope positions, satisfactory completion of MRC process is pivotal for the consideration of employment decision. For details, you may visit HKMA's website and refer to the latest FAQs issued by HKAB. Further details will be shared on request if your application is being proceeded.
Application details will be used only for recruitment purposes, and will be destroyed after 1 year. Applicants not contacted after 6 weeks may consider their applications unsuccessful.