SMBC Group · 4 days ago
Market Risk Officer
New York, NY
Full-time
Hybrid
Entry, Mid Level
$155K/yr - $195K/yr
2+ years expSMBC Group is a top-tier global financial group headquartered in Tokyo, offering a diverse range of financial services. The Market Risk Officer will oversee the Credit Trading desk, ensuring compliance with trading limits and evaluating market risk exposure while maintaining strong relationships with traders.
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Responsibilities
Provide oversight of the Credit Trading desk by working with the traders on a daily basis to understand the trading portfolio and the related market risk exposure
Ensure trading desk complies with all the trading desk limits and tolerances
Be accountable for the identification and evaluation of market risk generated by the IG/HY Credit desk and Structured Product desk (CLOs and ABS)
Establish strong relationship with the trading desk and understand their on-going strategies
Review new business proposals and new product proposals including risk limit setting/monitoring and ensure risks are fully captured within firm’s systems
Be comfortable with discussing various credit products, their risks and building tools necessary to analyze risk, market data and trade level analysis
Be responsible for Identification of ‘top risks’ and outlier stress events
Perform ad-hoc stress tests as well as periodic stress testing
Monitor changes in portfolio and market to extract value-added insight for senior management
Creates high-quality and well-structured presentations and reports summarizing portfolio performance and results to Management and regulators
Ability to speak fluently on market events
Communicate/escalate significant -- large, complex, new, or otherwise noteworthy items at appropriate forums
Performs special projects, and additional duties and responsibilities as required
Qualification
Required
Approximately 2-4 years' experience in market risk management specifically in credit and structured credit desk
Strong academic record with bachelor's degree, equivalent or above in Finance, Mathematics or a related quantitative/analytical discipline preferred
Ability to work in a fast-paced environment, balancing multiple high priority deliverables
Ability to effectively communicate with a wide range of stakeholders, both written and verbally regarding key risks in a timely manner
Ability to work independently in a self-directed way in a collaborative, team-oriented environment
Strong financial product knowledge is required, including an understanding of risk representations including Greeks) and a solid understanding of risk management concepts such as VaR, stress testing and scenario analysis is required
Display Attention to Detail in all aspects of work and relationships
Ability to lead the development of the risk function across the business and to work collaboratively with other business owners
Technical skills to ensure that repetitive tasks can be executed efficiently and accurately by introducing automated solutions, e.g. Powerbi, VBA skills
Preferred
Ability to code is a plus
Benefits
Annual discretionary incentive award
Competitive portfolio of benefits
Company
SMBC Group
SMBC Group is a top-tier global financial group.
10001+ employees
H1B Sponsorship
SMBC Group has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (160)
2024 (87)
2023 (73)
2022 (44)
2021 (29)
2020 (26)
Funding
Current Stage
Late StageLeadership Team
Hirofumi Otsuka
Senior Managing Executive Officer & CEO of Americas Division
Juan Kreutz
Head of Structured Finance Solutions and Deputy Head of the Americas
Recent News
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