Systematic Trader

SMBC; New York (NY); Hybrid; USD 191,000 - 197,000; Full time

Job summary

SMBC Group is a leading global financial group with a hybrid work model offering opportunities across the Americas. The role focuses on running systematic trading day-to-day operations, researching hedging and execution strategies, and improving pricing models in a high-caliber team in New York.

Ideal candidates hold a Master’s in a quantitative field, 3 years of experience in quantitative finance, and strong programming and analytics skills to drive trading innovations and risk management.

Qualifications

• Master's degree in a related field with a strong mathematical focus.
• 3 years of experience in quantitative finance or trading environments.
• Proficiency in programming and systems engineering relevant to trading.

Responsibilities

• Run systematic trading day-to-day operations (risk and P&L, and systems).
• Research and monitor trading, hedging and execution strategies; assess pricing/risk models.
• Improve models and trading strategies based on data-driven insights.

Skills

Quantitative modeling

Algorithmic trading

Derivatives pricing

Mathematical modeling

Statistical analysis

Optimization techniques

Linear regression

Data-driven research

Programming

Systems engineering

Education

Master's degree in Applied Mathematics, Financial Engineering, Quantitative Finance or related field

Job description

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

The anticipated salary range for this role is between $191,152.00and $197,000.00. The specific salary offered to an applicant will be based on their individual qualifications, experiences, and an analysis of the current compensation paid in their geography and the market for similar roles at the time of hire. The role may also be eligible for an annual discretionary incentive award. In addition to cash compensation, SMBC offers a competitive portfolio of benefits to its employees.

Role Objectives

• Run systematic trading day-to-day operations (systematic trading risk and Profit & Loss, and systems).
• Research and monitor trading, hedging and execution strategies. Research and monitor pricing/risk models for electronic quantitative market making.
• Improve models and strategies.

Qualifications and Skills

• Master's degree in Applied Mathematics, Financial Engineering, Quantitative Finance or a related field
• 3 years of experience. Required skills: quantitative financial modeling and algorithmic trading strategy design, with a focus on derivatives pricing and trading; mathematical modeling and statistical analysis, including optimization techniques, linear regression, and data driven research; programming and systems engineering.

The required skill set does not need to be maintained over the full term of the required experience.

The role is eligible for an annual discretionary incentive award. In addition to cash compensation, SMBC offers a competitive portfolio of benefits to its employees.

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].