What are the responsibilities and job description for the Fixed Income - Technical Business Analyst position at SMBC?
SMBC Group is a top-tier global financial group. Headquartered in Tokyo and with a 400-year history, SMBC Group offers a diverse range of financial services, including banking, leasing, securities, credit cards, and consumer finance. The Group has more than 130 offices and 80,000 employees worldwide in nearly 40 countries. Sumitomo Mitsui Financial Group, Inc. (SMFG) is the holding company of SMBC Group, which is one of the three largest banking groups in Japan. SMFG’s shares trade on the Tokyo, Nagoya, and New York (NYSE : SMFG) stock exchanges.
In the Americas, SMBC Group has a presence in the US, Canada, Mexico, Brazil, Chile, Colombia, and Peru. Backed by the capital strength of SMBC Group and the value of its relationships in Asia, the Group offers a range of commercial and investment banking services to its corporate, institutional, and municipal clients. It connects a diverse client base to local markets and the organization’s extensive global network. The Group’s operating companies in the Americas include Sumitomo Mitsui Banking Corp. (SMBC), SMBC Nikko Securities America, Inc., SMBC Capital Markets, Inc., SMBC MANUBANK, JRI America, Inc., SMBC Leasing and Finance, Inc., Banco Sumitomo Mitsui Brasileiro S.A., and Sumitomo Mitsui Finance and Leasing Co., Ltd.
The anticipated salary range for this role is between $153,000.00 and $196,000.00. 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
SMBC is in process of leading a Digital Transformation across our Americas Division as we continue to modernize our technology, focus on our data driven approach, grow and plan for the future. As a result of this expansion we are seeking a Technical Business Analyst.
Role Objectives
Receiving support requests from the business, guiding them and working with developers and Back-office applications
Support the lead with automation solutions and / or help change current process flow to reduce the number of incidents
Must have good understanding of Fixed Income Trade life cycle from Front to Back
Must have thorough knowledge on Post Trade functions of Financing Trading like Repos, Borrow Loans, Tri-Party, Pledge in / out.
Experience with Back-office applications that are used for processing financing transactions.
Work on projects resulting from Regulatory and Industry initiatives
Effectively communicate with internal teams or vendor to resolve issues
Ability to own and manage problems or incidents and provide a solution without much supervision
Ability to support RTB projects and tasks as well as assist in CTB project and tasks.
Qualifications and Skills
Excellent problem solving and analytical skills.
Should have 7 to 12 years of experience working in Fixed Income products or domain.
Thorough understanding of Security Lending business front to back
Experience working with FIS LOANET, Broadridge's Impact applications and other vendors’ systems is a plus.
Excellent knowledge of back office fixed income systems specifically handling Financing trading with Govt Bonds, Corporate Bonds and Equities
Must have thorough knowledge on Post Trade functions of Financing Trading like Repos, Borrow Loans, Tri-Party, Pledge in / out.
Should have experience and knowledge with Stock Loans for Equities, Worked with Global One application is a plus
Good understanding of Accounting and P&L
Good knowledge end to end trade processing and settlement / clearing
Good knowledge of Fixed Income products
Knowledge and Experience in Equities is a plus
Conversant in ITIL and SQL
SMBC’s employees participate in a Hybrid workforce model that provides employees with an opportunity to work from home, as well as, from an SMBC office. SMBC requires that employees live within a reasonable commuting distance of their office location. Prospective candidates will learn more about their specific hybrid work schedule during their interview process. Hybrid work may not be permitted for certain roles, including, for example, certain FINRA-registered roles for which in-office attendance for the entire workweek is required.
SMBC provides reasonable accommodations during candidacy for applicants with disabilities consistent with applicable federal, state, and local law. If you need a reasonable accommodation during the application process, please let us know at accommodations@smbcgroup.com.
Salary : $153,000 - $196,000
