FX Operations & Margin Analyst (Hybrid)

SMBC Group; City of White Plains (NY); Hybrid; USD 67,000 - 80,000; Full time

Job summary

SMBC Group in the United States is seeking an Analyst in the Foreign Exchange unit within Treasury Operations to oversee settlements, confirmations and reconciliations of FX products, including spots, forwards, swaps and options.

You will support the CSA Margin Control team with daily margin processing, collateral payments and funding transfers to Head Office Tokyo and nostro accounts, reporting to the Director.

Qualifications

• Knowledge of FX trading activities and guidelines.
• Understanding of FX dealing, confirmation and settlement process.
• Familiar with payments via SWIFT, CHIPS, Fedwire, and CLS confirmation and settlement.
• Operational knowledge of back-office applications: FOX, CFO/CLS, MONTRAN, Comfort, SAA.
• Excellent communication and ability to meet deadlines.

Responsibilities

• Confirms and processes corporate trades; prepares payments.
• Verifies payments in Montran and SAA; rectifies errors.
• Confirms NDF, Currency Options, Arbitrage trades and Collateral payments.
• Monitors control procedures in CLS, non CLS and Misys matching systems.
• Investigates and resolves failed, unmatched and mismatched trades.
• Updates credit line renewal; reconciles broker fees to ensure fees are within approved lines.
• Generates reports in compliance with Dodd-Frank EUC requirements.
• Processes daily Variation and Initial Margin calls; supports reporting to Head Office Tokyo.
• Calculates funding requirements and assists in money transfers to nostro accounts.

Skills

FX trading knowledge

Settlement processes

SWIFT/CHIPS/Fedwire

Back-office operations

MS Office

Cross-functional communication

Financial services experience

Tools

FOX

CFO/CLS

MONTRAN

Comfort

SAA

MS Office

SharePoint

Job description

SMBC Group in the United States is seeking an Analyst in the Foreign Exchange unit within Treasury Operations to oversee settlements, confirmations and reconciliations of FX products, including spots, forwards, swaps and options.

You will support the CSA Margin Control team with daily margin processing, collateral payments and funding transfers to Head Office Tokyo and nostro accounts, reporting to the Director.