What are the responsibilities and job description for the Trading Risk and Control Analyst position at SMBC Group?
The anticipated salary range for this role is between $100,000.00 and $120,000.00. 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.
Role Description
Measure gross and net exposures across differing types of instruments and counterparties. Model expected counterparty credit loss on the current, expected and future exposures. Establish threshold for counterparty risk across a number of elements, including client, industry, location, etc., depending on risk appetite. Monitor threshold and suggest remedial actions. Establish procedures for accepting counterparties and establishing transaction terms, limits and net exposure.
Role Objectives : Delivery
Measure gross and net exposures across differing types of instruments (swaps, options and other derivatives) and counterparties. Compare counterparty position to thresholds for client, industry, location, etc., and highlight exceptions. Update counterparty credit models for changes in transaction levels, market conditions and risk appetite. Calculate counterparty exposures and potential losses for regulatory reporting including capital adequacy. Perform testing / due diligence to ensure individual counterparty transactions and net positions conform to exposure limits, collateral requirement and transaction terms.
Role Objectives : Interpersonal
Develop relationships with client-facing units to better understand the risks in their businesses, the instruments they handle and their counterparty relationships. Develop relationships with other units such as finance, compliance, legal and IT to improve workflows and data gathering / sharing. Begin to network within industry through meetings, events and involvement with trade organizations to better understand emerging risk trends.
Role Objectives : Expertise
Demonstrate a basic knowledge of credit markets and counterparty arrangements to help ensure that all counterparty arrangements are viable and properly collateralized from a credit risk management perspective. Demonstrate a fundamental understanding of counterparty credit risk and current practices in the market in particular. Have a general understanding of information technology and project management in order to best partner with colleagues in the ongoing tracking of counterparty risks for new and existing clients / products and to create meaningful modeling and analysis. Apply modeling and analytical skills to create meaningful measurement and reporting on key risk exposures. Communicate analytical data effectively.
Qualifications and Skills
Recommended years of experience : 0
Salary : $100,000 - $120,000
