New York, NY, US
18 days ago
Market Risk Intern

 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 $28.00 and $28.00. 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

The intern will work with senior trading assistant focusing on new initiatives and other opportunities to help support the overall desk. Demonstrate a foundational understanding of fixed income 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. This role will interact with quants and developers to strengthen troubleshooting abilities and help expedite resolution of potential issues in real-time. 

Role Responsibilities


Be part of a new initiative to bring technology directly to the trading desk to improve and support existing daily processes. 

Handle remedies for any errors uncovered with an emphasis on technology solutions.  Design and implement code which improves day to day trading activities, such as reporting daily PnL and Risk.  Solve problems quickly and independently under pressure.  Effectively communicate complicated problems so others can understand.  Handle multiple projects at the same time.  Qualifications and Skills Undergraduate degree in Computer Science or Financial Engineering.  Strong programming ability; Fluent knowledge in Python, including Pandas and data visualization libraries.  Demonstrate a high degree of attention to detail and an ability to complete work accurately and in a timely manner against strict deadlines.  Excellent communication skills with good teamwork and a strong work ethic.    Knowledge of Fixed Income and Excel is a big pl Additional Requirements

Intern, Senior

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.


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.

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