Trading and Risk Control Analyst

Trading And Risk Control Analyst

Oversee and review accuracy of fixed income traded executions. Make trade recommendations, offer ways to reduce transaction costs, and handle remedies for any errors uncovered. Communicate with middle office regarding trade reconciliation issues. Review transaction cost analysis to ensure quality control, proof for errors and help identify data trends for next level review.

Help ensure accuracy of fixed income trade executions (i.e., trade reconciliation reports, audits, etc.), assist in day-to-day administrative issues / transactions (i.e., pre-trade and post-trade spot checks) in support of trading and trading operations. Effectively communicate with middle office regarding trade reconciliation issues (i.e., trade errors, account discrepancies, etc.). Prepare transaction cost analysis (TCA) by collecting and synthesizing the required data into proper reporting / analytics. Support legal and compliance teams (i.e., provide reporting and / or documentation as required) with regulations and / or internal policies. Respond to ad-hoc requests for information from operations, technology and sales (i.e., cyber security, commission runs, best execution audits, etc.).

Develop partnerships with trading team members by proactively communicating news, updates on orders, displaying agility to fluctuations in the market and the ability to support competing priorities / team members. Work with senior trading assistant and / or junior traders by resolving basic inquiries / issues, organizing incoming orders, research and other opportunities to help support the overall desk. Work with compliance, legal and risk management to broaden working knowledge of market trends, risk / regulatory framework and to strengthen troubleshooting abilities and help expedite resolution of potential issues in real-time.

Demonstrate a foundational understanding of fixed income (and equity) markets along with demonstrating project / task management skills to balance multiple priorities. Demonstrate technical acumen in Microsoft Excel, Power Point and other pertinent data / presentation tools to help support overall desk needs. Demonstrate familiarity with trading algorithms / systems (Charles River, Bloomberg, Tradeweb, Neptune, etc.), security pricing data and news providers to help and improve trade execution and reduce costs. Leverage research to help promote idea flow for major institutional clients and ongoing product support and updates. Partner with risk management to improve portfolio risk assessment.

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.