Sumitomo Mitsui Banking-posted 2 months ago
$51,000 - $71,000/Yr
Full-time • Entry Level
Hybrid • Charlotte, NC
5,001-10,000 employees
Credit Intermediation and Related Activities

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 $51,000.00 and $71,000.00. 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.

  • Update legal terms from trading agreements into Front-Line trading system.
  • Perform agreement validation checks.
  • Upload agreement documentation in the SharePoint Site.
  • Report on pending agreement terms and netting verification.
  • Identify, test and implement Front-Line system changes for process efficiencies and bugs.
  • Review cross booking transaction and terms & condition checks on existing and new credit terms.
  • Update various systems with limit/counterparty credit details.
  • Perform trade verifications checks against limit terms.
  • Support development of sustainable and transparent controls.
  • Create and update desk procedures.
  • BA/BS required with concentration in finance or business.
  • 1-3 years of relevant banking and/or agreement work experience.
  • Understanding of derivatives and securities financing transaction product risks.
  • Excellent verbal and written communication skills.
  • Ability to operate independently in a fast-paced environment and critically review existing processes to strengthen governance and controls.
  • Strong analytical skills with attention to detail.
  • Proficient in Excel, Word and PowerPoint.
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