Associate, Risk Solutions

Title: Associate, Risk Solutions Group

Location: New York, NY,  United States

Job Description:

Job Level:  Vice President

Location:  

New York, NY, US, 10172

Employment Type:  Full Time

Requisition ID:  8004

 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 $179,088.00 and $206,000.00. 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.

Role Objectives

• Act as a marketer on live trade executions managing client and trader communications in addition to models and systems.
• Oversee new and on-going counterparty onboarding requirements across credit, legal, AML/KYC, and compliance/regulatory groups.
• Prepare pitch books and other marketing materials with a focus on determining meeting content, creating new materials, conducting analysis, and writing text to support charts and tables.
• Engage with Bankers and clients through phone calls, video conferences and SMBC hosted events as well occasional client travel.
• Assist in the development and delivery of derivative risk management solutions based on a thorough understanding of our clients’ business needs as well as gathering and analyzing data in relevant industries for new opportunities and solutions.
• Interact with relationship bankers on client calling and credit management and partners in debt capital markets and other products on specific client pitches and deal teams.
• Domestic travel 30% of time for client meetings.

Qualifications and Skills

• Bachelor’s degree in Finance, Economics, or a related field plus 4 years of experience.
• Required Skills: PowerPoint and Excel; Bloomberg including trade modeling, downloading data into Excel using formulas and Excel pricing functions; pricing of interest rate derivatives, bond math and market and credit risk measurements; interest rate derivatives sales.
• Fluent in Japanese.  
• The required skill set does not need to be maintained over the full term of the required experience.

The role is eligible for an annual discretionary incentive award. In addition to cash compensation, SMBC offers a competitive portfolio of benefits to its employees.

SMBC’s employees participate in a Hybrid workforce model that provides employees with an opportunity to work from home, as well as, from an SMBC office. SMBC requires that employees live within a reasonable commuting distance of their office location. Prospective candidates will learn more about their specific hybrid work schedule during their interview process. Hybrid work may not be permitted for certain roles, including, for example, certain FINRA-registered roles for which in-office attendance for the entire workweek is required.