Trading Risk & Controls Lead – Interest Rate Derivatives

SMBC; New York (NY); Hybrid; USD 135,000 - 160,000; Full time

Benefits offered by this job

Hybrid work model

Job summary

SMBC Group, a leading global financial institution, is seeking a skilled candidate for a Trading Risk & Control role in the Capital Markets division. The position focuses on interest rate derivatives across major currencies, offering opportunities to work on a diverse set of products including swaps, options, FX, and credit instruments.

The candidate will engage in daily MTM, greeks, and PnL attribution, contribute to monthly valuation analyses, and collaborate with analysts, quants, and

Qualifications

• Bachelor’s or Master’s in Financial Engineering, Finance, Computer Science or related quantitative/analytical field
• Minimum 5 years of work experience in Fixed Income
• Deep understanding of greeks, mark to markets, and pnl attribution
• Meticulous attention to detail and constant accountability
• Excellent communication skills with good teamwork and a strong work ethic
• Proficiency in Python, Excel VBA programming language

Responsibilities

• Understand global financial markets, follow market movements and comprehend the impact of on the portfolios
• Deep understanding of interest rates derivatives valuation and market risk, understanding of key valuation approaches and models
• Mark the curves which will be used in calculating daily MTM and ensure that all the market input parameters are accurate
• Daily valuation of the CM derivatives portfolio, including production of greeks, mark to markets, and pnl attribution
• Undertake monthly valuation analysis using externa data source and internal models
• Enhance and streamline of existing working processes

Skills

Fixed Income

Greeks & PnL

Python

Excel VBA

Communication

Education

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

Tools

Python

Excel VBA

Job description

SMBC Group, a leading global financial institution, is seeking a skilled candidate for a Trading Risk & Control role in the Capital Markets division. The position focuses on interest rate derivatives across major currencies, offering opportunities to work on a diverse set of products including swaps, options, FX, and credit instruments.

The candidate will engage in daily MTM, greeks, and PnL attribution, contribute to monthly valuation analyses, and collaborate with analysts, quants, and