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SMBC Group · 1 week ago

Trading and Risk Control Analyst

New York, NY

Full-time

Hybrid

New Grad, Entry Level

$95K/yr - $110K/yr

0+ years exp

SMBC Group is a top-tier global financial group offering a diverse range of financial services. The Trading and Risk Control Analyst role involves overseeing fixed income trade executions, making trade recommendations, and ensuring compliance with regulations while collaborating with various teams to support trading operations.

AdviceBankingFinancial Services

H1B Sponsor Likely

Responsibilities

Oversee and review accuracy of fixed income traded executions

Make trade recommendations, offer ways to reduce transaction costs, and handle remedies for any errors uncovered

Communicate with middle office regarding trade reconciliation issues

Review transaction cost analysis to ensure quality control, proof for errors and help identify data trends for next level review

Help ensure accuracy of fixed income trade executions (i.e., trade reconciliation reports, audits, etc.), assist in day-to-day administrative issues / transactions (i.e., pre-trade and post-trade spot checks) in support of trading and trading operations

Effectively communicate with middle office regarding trade reconciliation issues (i.e., trade errors, account discrepancies, etc.)

Prepare transaction cost analysis (TCA) by collecting and synthesizing the required data into proper reporting / analytics

Support legal and compliance teams (i.e., provide reporting and/or documentation as required) with regulations and/or internal policies

Respond to ad-hoc requests for information from operations, technology and sales (i.e., cyber security, commission runs, best execution audits, etc.)

Develop partnerships with trading team members by proactively communicating news, updates on orders, displaying agility to fluctuations in the market and the ability to support competing priorities / team members

Work with senior trading assistant and/or junior traders by resolving basic inquiries / issues, organizing incoming orders, research and other opportunities to help support the overall desk

Work with compliance, legal and risk management to broaden working knowledge of market trends, risk / regulatory framework and to strengthen troubleshooting abilities and help expedite resolution of potential issues in real-time

Demonstrate a foundational understanding of fixed income (and equity) markets along with demonstrating project / task management skills to balance multiple priorities

Demonstrate technical acumen in Microsoft Excel, Power Point and other pertinent data / presentation tools to help support overall desk needs

Demonstrate familiarity with trading algorithms / systems (Charles River, Bloomberg, Tradeweb, Neptune, etc.), security pricing data and news providers to help and improve trade execution and reduce costs

Leverage research to help promote idea flow for major institutional clients and ongoing product support and updates

Partner with risk management to improve portfolio risk assessment

Qualification

Fixed income marketsMicrosoft ExcelTrading algorithmsTransaction cost analysisProject managementData analysisCommunication skillsTeam collaboration

Required

Oversee and review accuracy of fixed income traded executions

Make trade recommendations, offer ways to reduce transaction costs, and handle remedies for any errors uncovered

Communicate with middle office regarding trade reconciliation issues

Review transaction cost analysis to ensure quality control, proof for errors and help identify data trends for next level review

Help ensure accuracy of fixed income trade executions (i.e., trade reconciliation reports, audits, etc.)

Assist in day-to-day administrative issues / transactions (i.e., pre-trade and post-trade spot checks) in support of trading and trading operations