Hybrid Derivatives Trading Risk & Control Analyst

RiseMe; New York (NY); Hybrid; USD 100,000 - 110,000; Full time

Job summary

SMBC Group in New York City seeks an Analyst for the Trading Risk & Control group to begin a career on the derivatives trading floor, covering products across currencies and learning all aspects of rate derivatives.

The role involves daily market parameter input, valuation, risk analysis, and collaboration with middle office, traders, and seniors across the CM platform. Hybrid work is supported.

Qualifications

• Undergraduate or Master’s Degree in Financial Engineering, Finance, Computer Science or related quantitative/analytical field; minimum 2+ years in financial services.
• Excellent communication skills with good teamwork and strong work ethic.
• Meticulous attention to detail and accountability.
• Experience with Excel and VBA; knowledge of Fixed Income.

Responsibilities

• Daily input of market parameters for the daily valuation of the derivatives portfolio.
• Daily valuation of the CM derivatives portfolio, including greeks, P&L attribution.
• Validate the accuracy of all market input parameters used for revaluation.
• Communicate with middle office regarding trade reconciliation issues.
• Accurately book all CM derivative trades in respective trading systems.
• Conduct daily risk and P&L analysis and report to Senior Management.
• Build ad-hoc tools and analysis for traders to help management of derivative portfolio.
• Support the rollout of new products and trading strategies.

Skills

Excellent communication

Teamwork

Attention to detail

Problem solving under pressure

Fixed Income knowledge

Education

Bachelor's or Master's in Financial Engineering, Finance, CS

Tools

Excel

VBA

Job description

SMBC Group in New York City seeks an Analyst for the Trading Risk & Control group to begin a career on the derivatives trading floor, covering products across currencies and learning all aspects of rate derivatives.

The role involves daily market parameter input, valuation, risk analysis, and collaboration with middle office, traders, and seniors across the CM platform. Hybrid work is supported.