Quality control officer job description

The SMBC Nikko Securities Inc., Capital Markets (CM) Business Control Officer (BCO) is a business-aligned change agent and risk management individual contributor. The BCO provides the Business Unit with guidance on processes and control design, ensures effective assessment of risk across the transaction lifecycle, and supports Business Unit interaction with 2nd LoD functions including Risk Management and Compliance.

The SMBC Nikko Securities Inc., Capital Markets (CM) Business Control Officer is primarily an individual contributor. The SMBC Nikko Securities Inc.,Capital Markets (CM) BCO is responsible for the full scope of SMBC Nikko Securities Inc., Capital Markets (CM) processes & controls. The SMBC Nikko Securities Inc., Capital Markets BCO has dual reporting into the Coverage and Capital Markets Vertical BCO and the SMBC Nikko Securities Inc., Capital Markets (CM) Planning lead or designee. This individual may have 0-2 direct reports.
Responsibilities
- Leads and provides expert guidance on assessment of processes and controls across the end-to-end transaction lifecycle, proactively assessing threats, vulnerabilities, and possibility of future incidents

- Performs process re-engineering to improve efficiency and strengthen controls within Capital Markets Originations/Underwriting
Coordinates Capital Markets Originations/Underwriting interactions with 2nd Line of Defense functions, Internal Audit, and Regulators pertaining to processes and controls.

- Coordinates management of risk appetite, limits and guideline setting & issue management for Capital Markets Originations/Underwriting
Performs risk management framework and related risk assessements of Capital Markets Originations/Underwriting, supporting the Coverage and Capital Markets Vertical BCO

- Support 1st LoD via performance of issue management & root cause analysis
Liaises between Capital Markets Originations/Underwriting and control functions to execute on 2nd Line of Defense risk assessments (e.g., RCSAs), as required

- Ensures the business unit is operating in compliance with applicable laws, rules, and regulations, provides oversight of processes designed to comply with the aformentioned requirements

- Provides education for Capital Markets Originations/Underwriting staff to ensure awareness of and adherence to policies, standards, and procedures, disseminating best-practice guidance

- Oversee 1st LoD activities and assist specialized domain SMEs (e.g., IT Risk, Data Governance) in the implementation of their programs within the Capital Markets Originations/Underwriting

- Assess business-unit level key metrics to ensure operational effectiveness, establish and manage Capital Markets Originations/Underwriting level metrics, supporting the Coverage and Capital Markets Vertical BCO's vertical level assessment

- Supports the head of the Capital Markets Originations/Underwriting strategy and product development (incl. new product development) through identification of risk & control considerations, as well as definition & operationalization of risk mitigants

- Ensure that risk management considerations are embedded in Capital Markets Originations/Underwriting processes and strategy
Qualifications
- Functional knowledge of process and control design, including process mapping and process reengineering
- Functional knowledge of risk assessment and issue management
- Functional knowledge of change management and continuous process improvement practices
- Functional knowledge of underwriting and syndication processes.
- Functional knowledge of Capital Markets issuance process
- Functional knowledge of Capital Markets Originations/Underwriting-related compliance and risk management requirements & best practices
- Strong leadership and communication ability, inclusive of conflict resolution and project management abilities