Hybrid VP Desk Strat - Rates Options & Analytics

SMBC Group; New York (NY); Hybrid; USD 157,000 - 225,000; Full time

Job summary

SMBC Group is seeking a VP-level Desk Strat to support the Interest Rate Options desk, focusing on rates-related products, pricing methodology, risk analysis, and desk workflow support. The role involves close collaboration with traders, Model Validation, technology, and Middle Office to develop pricing tools and analytics.

The candidate should possess strong technical depth, product knowledge, and the ability to communicate with both technical and non-technical stakeholders in a fast-paced

Qualifications

• Understanding rates-related products, especially options, and related pricing and risk concepts.
• Experience in front-office pricing and desk tool development is preferred.
• Proven ability to analyze valuation drivers and build robust desk tools.

Responsibilities

• Develop, maintain, and improve pricing and risk tools for daily trading and risk management.
• Deliver reliable solutions across spreadsheet- and application-based workflows; troubleshoot issues and ensure governance-aligned changes.
• Enhance desk infrastructure and automation to improve control, efficiency, and scalability.
• Engage with traders, model validators, technology teams, and control functions to articulate issues and drive resolution.
• Collaborate with governance stakeholders on model changes, testing, and documentation.

Skills

Rates products

Options pricing

Pricing methodology

Risk analysis

Excel

Excel VBA

Java

Python

Front-office pricing

Model governance

Tools

Excel

Excel VBA

Java

Python

Job description

SMBC Group is seeking a VP-level Desk Strat to support the Interest Rate Options desk, focusing on rates-related products, pricing methodology, risk analysis, and desk workflow support. The role involves close collaboration with traders, Model Validation, technology, and Middle Office to develop pricing tools and analytics.

The candidate should possess strong technical depth, product knowledge, and the ability to communicate with both technical and non-technical stakeholders in a fast-paced