Market Risk Associate

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 $95,000.00 and $150,000.00. 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 Description

SMBC Capital Markets, Inc. is seeking a highly skilled Associate for Market Risk to join our esteemed Market Risk Strategy Team. This role is integral to our operations, encompassing a broad range of responsibilities that ensure our market risk management is both comprehensive and forward-thinking.

Role Responsibilities

As an Associate for Market Risk, you will :

Lead and manage complex cross-regional market risk projects, ensuring seamless communication with our Head Office.

Address regulatory and internal findings, driving remediation efforts to uphold our high standards of compliance.

Enhance governance frameworks, contributing to the continuous improvement of our risk management practices.

Review and assess new products, ensuring they align with our strategic objectives and regulatory requirements.

Collaborate with stakeholders across various regions, leveraging your expertise to influence key decisions and strategies.

Qualifications and Skills

Required Qualifications

Education : Required - BA / BS

Experience : 3-5 years of experience in market risk / derivative risk or closely risk-related role. Good foundational understanding of derivatives and knowledge of risk management framework (e.g. Regulatory Capital, VaR and stress-testing standards, counterparty exposure estimation, documentation and reporting approaches) in the US and Japan.

Preferred Qualifications

Language : Business fluency in English

Soft skills : Working knowledge of Python, VBA, and Microsoft Office Suite

Company Culture and Values

Integrity : Acting with sincerity and maintaining high ethical standards as professionals.

Customer First : Prioritizing the customer's perspective and providing value based on their individual needs.

Proactive & Innovative : Embracing new ideas and perspectives, and not being deterred by failure.

Speed & Quality : Differentiating through the speed and quality of decision-making and service delivery.

Team "SMBC Group" : Respecting and leveraging the knowledge and diverse talent within the global organization

Additional Requirements

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.

SMBC provides reasonable accommodations during candidacy for applicants with disabilities consistent with applicable federal, state, and local law. If you need a reasonable accommodation during the application process, please let us know at accommodations@smbcgroup.com.

EOE, including Disability / veterans