Financial Resource Management Associate

Sumitomo Mitsui Banking Corporation•New York, NY

2d•$134,000 - $200,000•Hybrid

About The Position

SMBC Group is a top-tier global financial group with a 400-year history, offering diverse financial services. In the Americas, SMBC Group provides commercial and investment banking services to corporate, institutional, and municipal clients, connecting them to local markets and its global network. The Associate role is primarily responsible for the daily operations of the Financial Resource Management (FRM) team. This includes running various reports, creating dashboards, and liaising with stakeholders in the Sales & Trading division within SMBC Capital Markets. The new hire will also analyze SMBC CM derivatives' portfolio to optimize CM assets, such as cash usage, UST, and JGBs.

Requirements

BA/BS degree.
2-5 years of comparable work experience.
Good programming skills in Excel VBA.
Proficient in Python and Power BI for dashboard and report generation.
Good understanding of interest rate derivatives like swaps, options, fx and associated market and credit risk, greeks etc.

Nice To Haves

MA/MS/MBA degree.
General understanding of RWA based regulatory capital rules.
General understanding of Volcker rules around Trading Assets & Liabilities.
General understanding of Balance sheet analysis.

Responsibilities

Designing/implementation/running reports and diagnostics for various funding, margin and liquidity related activities.
Analyzing risk & pnl of the central funding book in SMBC CM, optimized usage of CM liquidity sources.
Creating various dashboards for financial resource management in dissecting CM derivatives portfolio by asset classes, counterparty types, csa etc.
Working closely with other teams including Trading, Sales and xVA desk on funding & margin related pricing for new deals.
Working on other adhoc and critical projects related to the FRM team and liaising with other front, middle and back office teams.