SMBC Group

  • Product Risk Analyst

    Job Locations US-NY-New York
    Posting Date 5 days ago(7/12/2018 10:46 AM)
    Career Category
    Operations
    Position ID
    2018-0362
    Type
    Full-Time
  • Overview

    SMBC Capital Markets is a derivatives trading company since 1988 based in New York City, with offices in London and Hong Kong. SMBC CM is an established derivatives dealer with a broad product portfolio, with specific emphasis on interest rates and foreign exchange.

    SMBC’s Capital Markets is looking for a Market Risk Analyst to work in our Portfolio Analysis Department. The position is on the trading floor and the work environment is fast paced. The person will have direct contact with front office (traders and marketers). Training is on the job.

    The Portfolio Analysis Group works on the following products: OTC products such as interest & fx swaps, FRAs, options, exotic products, commodity derivatives as well as exchange traded products such as treasury bonds, interest rate futures & options, currency futures, treasury futures & options. They trade in all major currencies: USD, EUR, JPY, GBP, CAD etc.

     

    Responsibilities

    • Collect and mark rate curves, volatilities, exchange traded product prices and bond prices in all currencies
    • Daily valuation of derivatives portfolio and accurate reporting of greeks and p&l for GL purposes and also to traders and senior management.
    • Risk analysis and monitoring of trading activity on a daily basis.
    • xVA pricing and analysis
    • Work with and analyze VAR calculation models, stress testing process and other daily processes.
    • Handle other quant and non-quant regular and ad-hoc projects, working closely with Traders,Marketing, Settlements, Accounting, Research and Sr.Management
    • Work with middle and back office groups to resolve any portfolio discrepancies and making improvements to daily processes
    • This is mostly a Middle Office kind of role which is quite challenging and a motivated candidate will be able to contribute from day 1.

     

     

    Qualifications

    1-3 years experience in a market risk or similar position in the financial industry
    Recent graduates as well as candidates with 1 or 2 years of experience
    Candidates with Math / Engineering / science background preferred.

     

    Bachelor's or Master’s degree in Quantitative Finance/Computation, Finance/Math Finance or closely related field. Combination of finance and mathematics preferred.
    Strong communication and analytical skills
    Strong multitasker with the ability to work several projects/issues at one time

     

     

    10%::1-3 years experience in a market risk or similar position in the financial industry
    40%::Financial derivative product knowledge.
    20%::VBA programming.
    10%::Excel skills.
    20%::Good analytical skills

     

     

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