Hybrid VP Desk Strat, Rates & Options Pricing

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

Benefits offered by this job

Hybrid work model

Competitive benefits

Job summary

SMBC is seeking a VP‑level Desk Strat for the Interest Rate Options team in a hybrid work setting. The role focuses on rates‑related products, pricing methodology, risk, and desk workflow support, collaborating with traders, validators, technology, and middle office to enhance pricing tools and analytics.

The ideal candidate will bring strong technical depth, experience in front‑office pricing, and the ability to communicate effectively with technical and non‑technical stakeholders while driving

Qualifications

• Strong understanding of rates-related products, especially options, with pricing methodology and risk knowledge.
• Ability to analyze product behavior, valuation drivers, and apply insights to build or enhance desk tools.
• Experience in a front‑office pricing environment and deepening technical/product expertise.
• Relevant experience in quantitative desk strat or front‑office development supporting rates or options businesses.
• Proficiency in Excel and Excel VBA, with working knowledge of Java and Python.
• Strong analytical and problem‑solving skills with independent issue investigation and cross‑team collaboration.
• Proactive, user‑focused, and able to manage multiple priorities in a fast‑paced front‑office setting.
• Experience interacting with model governance, testing, and validation processes is desirable.

Responsibilities

• Support the options desk by developing, maintaining, and improving pricing and risk tools used in daily trading and risk management.
• Deliver reliable solutions across spreadsheet- and application-based workflows, troubleshoot production issues efficiently, and ensure model changes are tested and deployed per governance standards.
• Contribute to desk infrastructure enhancements and automation to improve control, efficiency, and scalability.
• Engage directly with traders, model validators, technology teams, and control functions to describe problems clearly and drive resolution.
• Communicate requirements and technical topics effectively across teams and stakeholders.
• Collaborate with Model Validation and governance teams when discussing model changes and documentation.

Skills

Rates products

Options pricing

Excel & VBA

Java

Python

Analytical skills

Front-office exp

Tools

Excel VBA

Python

Java

Job description

SMBC is seeking a VP‑level Desk Strat for the Interest Rate Options team in a hybrid work setting. The role focuses on rates‑related products, pricing methodology, risk, and desk workflow support, collaborating with traders, validators, technology, and middle office to enhance pricing tools and analytics.

The ideal candidate will bring strong technical depth, experience in front‑office pricing, and the ability to communicate effectively with technical and non‑technical stakeholders while driving