Fixed Income & Derivatives Document Negotiator, Vice President

SMBC; Charlotte (NC); Hybrid; USD 170,000 - 210,000; Full time

Benefits offered by this job

Hybrid work model

Job summary

Sumitomo Mitsui Banking Corporation is hiring a Vice President to work within the Legal Department for the Trade Transaction Management group. The primary focus of this role is to support the bank’s fixed income trading and derivatives businesses.

Role objectives include drafting, reviewing and negotiating legal trading documentation, with emphasis on repurchase agreements and sponsor clearing, and liaising with internal stakeholders across sales, trading, risk and operations.

Qualifications

• 5+ years of relevant experience with expertise on Repurchase Agreement and related documentation.
• Strong communication skills and ability to convey complex terms to internal stakeholders.
• Ability to work closely and collaboratively with other departments.

Responsibilities

• Draft, review and negotiate legal trading documentation (including Master Repurchase Agreements, Master Securities Lending Agreements, Master Securities Forward Transaction Agreements and their global equivalents).
• Focus on repurchase agreements including documentation required for mandated sponsor clearing.
• Liaise with internal stakeholders including sales and trading, credit, risk, management and operations regarding documentation terms and escalations.
• Advise the business on complex issues related to relevant documentation.

Skills

Repurchase Agreement

Communication skills

Collaboration

Education

Bachelor’s Degree

Law Degree

Job description

Job Level: Vice President

Location: Charlotte, NC, US, 28202

Employment Type: Full Time

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., JRI America, Inc., SMBC Leasing and Finance, Inc., Banco Sumitomo Mitsui Brasileiro S.A., and Sumitomo Mitsui Finance and Leasing Co., Ltd.

Role Description

Sumitomo Mitsui Banking Corporation is hiring a Vice President to work within the Legal Department for the Trade Transaction Management group. The primary focus of this role is to support the bank’s fixed income trading and derivatives businesses.

Role Objectives

• Draft, review and negotiate legal trading documentation (including Master Repurchase Agreements, Master Securities Lending Agreements, Master Securities Forward Transaction Agreements and their global equivalents (along with and ancillary documentation relating to such agreements).
• Focus on repurchase agreements including documentation required for mandated sponsor clearing.
• Liaise with internal stakeholders including sales and trading, credit, risk, management and operations regarding documentation terms and escalations.
• Advise the business on complex issues related to relevant documentation.

Qualifications and Skills

• 5+ years of relevant experience with expertise on Repurchase Agreement and related documentation
• Strong communication skills: ability to convey complex terms or ideas to internal stakeholders in a simple and effective manner.
• Ability to work closely and collaboratively with other departments.
• Bachelor’s Degree (required)
• Law Degree (preferred)

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 [e-mail].