Treasury Associate

Smbc • Jersey City, NJ

281d • $90,000 - $135,000 • Remote

About The Position

This candidate will be part of the first line Liquidity Management function within SMBC Americas Division Corporate Treasury Department. The candidate will be part of an on-going Treasury transformation and drive efforts related to Internal Liquidity Stress Testing (ILST) and Recovery and Resolution Planning (RRP) across the Consolidated U.S. Operations (CUSO). Reporting to the Director of Liquidity Methodology, the candidate will be expected to conduct a current state diagnostic of methodologies for derivatives, drive methodology enhancements, collaborate with Treasury's Front Office, Business lines, Risk Management, and Technology, and ultimately implement their respective methodologies into the daily aggregation process. The candidate will become a core member of the group and operate in an exciting, fast-paced team environment.

Requirements

• 2 to 5 years of comparable or relevant experience; banking industry across treasury, liquidity risk, market risk and/or trading of Derivative products
• BA / BS (or equivalent experience)
• Business fluency in English
• Experienced computer programming skills (Excel, Python and/or SQL)

Nice To Haves

• Experience in consulting, capital management, liquidity management, finance, or risk management
• Understanding of liquidity risk concepts across traditional banking and complex non-banking products
• Prior experience or knowledge of trading products (e.g., Derivatives, secured funding, and fixed income products) is a plus
• Strong quantitative, financial, economic and statistical skills
• Proven ability to drive initiatives from start to finish while facing adversity, and still able to deliver quality results that can withstand regulatory scrutiny
• Proactively identifies process improvements and develops meaningful solutions to achieve improvements
• Intellectually curious with strong analytical skills
• Ability to build engagement by consulting with and involving others across SMBC
• Effective verbal and written communication skills and strong attention to detail

Responsibilities

• Drive Treasury transformation efforts pertaining to Internal Liquidity Stress Testing and Recovery and Resolution Planning, including conducting a current state review of methodologies for derivatives
• Lead methodology development for ILST and RRP metrics from start to finish, supporting scenario design creation, risk assessment, development of quantitative and/or qualitative methodologies, implementation into aggregation framework, and governance
• Deep dive into SMBC data architecture and collaborate with technology teams to buildout daily capabilities as it pertains to assigned product set and lead implementation enhancements as product methodologies change each development cycle
• Maintain documentation of product methodologies and proactively refresh documents with the annual development cycle, while simultaneously responding to inquiries from the various lines of defense
• Proactively support FTP methodology enhancements as it pertains to liquidity premiums for assigned product set and support colleagues in rolling out FTP methodology changes
• Provide support and guidance to assigned group affiliates as part of the CUSO and ensure overarching methodologies are commensurate with the group affiliate's risk profile
• Develop strong partnerships with key stakeholders across Risk, Finance, Model Validation, Audit, and the Business lines
• Support the production of committee oversight materials and effectively communicate key information to senior management, internal audit, and regulators
• Support SMBC Americas during regulatory exams pertaining to assigned product set for ILST/RRP and proactively respond to ongoing inquiry
• Compliance with the firm's code of conduct and adhere to proper controls policies and procedures which are applicable.

Benefits

• Competitive portfolio of benefits

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: Bachelor's degree