Temporary Trading Assistant

Sumitomo Mitsui Trust Bank, Limited; New York (NY); Hybrid; USD 60,000 - 70,000; Full time

Benefits offered by this job

Hybrid work model

Job summary

Sumitomo Mitsui Trust Bank, Limited seeks a Temporary Trading Assistant in New York to support derivatives trading and related operations. You will help process orders, prepare reports, and coordinate with global teams to maintain accurate front-office records.

Ideal candidates have a finance or economics background, 3–5 years of trading or banking ops experience, and strong Excel/Word skills with Bloomberg/Reuters familiarity. This role offers a hybrid work arrangement and growth opportunities.

Qualifications

• Bachelor's degree in business, finance or economics.
• 3-5 years of experience as a trading officer or in bank operations.
• Strong mathematical ability and quick calculations.
• Proficient in Excel and Word; Bloomberg and Reuters preferred.
• Visual Basic knowledge preferred.
• Strong oral and written communication; ability to work in a team.
• Familiar with GMU procedures manual and Code of Conduct.

Responsibilities

• Support the day-to-day execution of products, operations and customer transactions.
• Compile, process and communicate market order information.
• Prepare tickets and review position/performance reports; input trades.
• Coordinate with Head Office Tokyo on queries and administration.
• Assist in developing new strategies to expand market business.
• Ensure compliance with procedures and conduct; assist with admin tasks.
• Support with periodic reviews and documentation management.

Skills

Strong communication skills

Mathematical skills

Teamwork

Education

Bachelor's degree in business, finance or economics

Tools

Microsoft Excel

Microsoft Word

Bloomberg

Reuters

Visual Basic

Job description

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process.

Temporary Trading Assistant

Temporary VH TV New York, New York, NY, US

Salary Range: $60,000.00 To $70,000.00 Annually

About the Bank:

Sumitomo Mitsui Trust Bank, Limited was established through the merger of The Sumitomo Trust and Banking Co., Ltd with Chuo Mitsui Trust and Banking, Ltd. on April 1, 2012. We are one of the largest asset managers in Asia and number one among Japanese financial institutions by AUM, with approximately $850 Billion USD in AUM.The Bank provides an assortment of financial solutions and manages a broad spectrum of financial products across its global branches.

Department Overview:

The Americas Division ("AD") was established in the Sumitomo Mitsui Trust Bank, Limited, New York Branch) ("SMTBNY") to perform corporate functions and supervise U.S. entities. Established under the AD are the "Global Banking Unit ("GBU"), Americas Division" and "Global Market Unit ("GMU"), Americas Division" which performs business functions. The Market Making Team ("MMM") is in charge of market making activities in the market, as well as providing the latest market information and a variety of financial services to customers. The Treasury Team ("MTR") focuses on Funding Activities and Security and Forex Investments. The Treasury Team is divided into the ALM and Investment Accounts. The Front Office Risk Management & Administration Team's ("MFM") primary responsibility is to establish and maintain a sound risk management structure regarding compliance and operational risks within the GMU.

Position Overview:

Supports the sound daily operations for GMU focusing supporting derivatives sales, trading, and administrative or technical support. This includes distributing information, creating reports, transaction processing, and maintaining/administering documents.

Duties and Responsibilities:

• Support the day-to-dayexecution of products, operations, andcustomer-related transactions.Performs the compilation, processing and communication of all market order information.
• Cooperates closely withTOPS,FRM, and other relevant departments to enhanceMarket MakingTeam operational efficiency.
• Prepares tickets and reviews position/performance reports. Assists in the confirmation and input of trades into the front office booking system in a prompt manner.
• Liaisons with Head Office (Tokyo) in Japanese regarding queries and administrative issues.
• Assists in developing new strategies to improve or expand business and services to our customers, such as introducing new products to expand our market business.
• Abides by all compliance related procedures.
• Assists with administrative tasks, various periodic reviews (including system review, FATCA, etc.), customer due diligence and maintenance, maintaining files, and communications with the Head Office.
• Performs all other duties and responsibilities as assigned by management.

Knowledge, Skills, and Abilities:

• Bachelor's degree or its equivalent in business, finance or economics.
• 3-5years of experience as a tradingofficeror in bank operations.
• Good business mathematical skills with the ability to calculate quickly.
• Good PC skills (Microsoft Excel and Word required, Bloomberg and Reuters preferred).
• Visual Basic applications knowledge preferred.
• Good oral, written and communications skills.
• Ability to work in a team environment.
• Familiar with GMU's Procedures manual and Code of Conduct.

Physical Demands

Lengthy periods of time sitting in front of PC.

SuMi Trust embraces flexible ways of working when the business and role permits. We provide employees with a hybrid working model, allowing for in-office work and work from home. Our diverse and inclusive environment along with our global presence enables us to collaborate and communicate to meet our business needs. We believe that efficient teams need truth, loyalty, and a strong sense of purpose to balance risk and their targets. We make sustainable business decisions to improve our society and the world. We believe that each person brings a unique value that drives the business though their creativity and passion.

• We offer many socialization opportunities for wellness, financial wellbeing, runs/walks, team building, happy hours, and activities to support the Sustainable Developmental Goals.
• Check out our LinkedIn for our employee experience: https://www.linkedin.com/company/smtbny

We are an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, disability status, protected veteran status or any other characteristic protected by law. SuMi Trust provides reasonable accommodations for employees and applicants with disabilities consistent with applicable law. If you need a reasonable accommodation during the application process, please let us know when the Human Resources staff reaches out to you for an interview.