Trade Support Securities Analyst

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 Rail Services LLC, Manufacturers Bank, 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 $64,000.00 and $75,000.00. 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
Provide operational support for daily trading activities, acting as a main contact point to the trading desks and working closely with internal partners to resolve any trade disputes and breaks. Perform Trade Support services, including daily trade capture, trade validation and reporting. Proactively mitigate risk by reviewing and improving procedures and processes and maintaining the control environment.
Role Objectives: Delivery
Provide operational support for daily bond, repo, Tripary, CDCP and other bond related trading activities across all products supported. Support end of day (EOD) settlements. Produce metrics for management and control teams. Perform regular valuations and reconciliations of trades / positions within internal systems, tracking and flagging any breaks / fails as required. Produce trade analytics to resolve queries and to support controls to minimize operational risk. Monitor clearing trade management (CTM) platforms for intra-day exceptions. Manage client / security static data and mitigate and/or resolve related reconciliation issues to ensure straight-through processing (STP) within systems. Proactively mitigate risk by reviewing and improving procedures and operational flows to identify inefficiencies.
Role Objectives: Interpersonal
Interact with front office and other third parties for daily trade processing and reconciliations. Effectively communicate any issues, escalating to the Trade Support team, traders and/or other support functions as necessary. Partner with team and other internal stakeholders to drive the business forward. Interact with clients and the team to coordinate responses and resolve BAU issues. Demonstrate excellent listening skills and openness to feedback in order to enhance personal and team productivity and performance. Demonstrated positive and professional attitude and reliability.
Role Objectives: Expertise
Experience with securities clearing processes. In-depth knowledge of US Govt bonds, MBS, CDCP and other securities processing and settlement. Has a continuous focus on process improvement/process engineering.
Qualifications and Skills
Recommended years of experience: 2-5
Additional Requirements
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.
We are an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, disability status, protected veteran status or any other characteristic protected by law. SMBC provides reasonable accommodations for employees and applicants with disabilities consistent with applicable law. If you need a reasonable accommodation during the application process, please let us know at accommodations@smbcgroup.com.