Associate, Collateral and Margin Management

SMBC Group is a top-tier global financial group headquartered in Tokyo with a 400-year history, offering a diverse range of financial services including banking, leasing, securities, credit cards, and consumer finance. The Group operates over 130 offices with 80,000 employees worldwide across nearly 40 countries. In the Americas, SMBC provides commercial and investment banking services to corporate, institutional, and municipal clients, connecting them to local markets and an extensive global network.

About the role

• Manage the issuance and booking of daily margin calls for bilateral derivatives
• Facilitate margin call disputes, reconciliations, and resolution
• Reconcile non-cleared derivatives trading according to Dodd-Frank and EMIR regulatory requirements, ensuring portfolio completeness and managing threshold breaches
• Review and track daily portfolio differences related to MTM and SIMM exposures
• Escalate discrepancies to relevant internal or external parties
• Assist in ad-hoc requests for management and investigations of operational issues
• Monitor process gaps and recommend technological changes
• Participate in projects and planning related to industry initiatives and operational efficiencies

Requirements

• Bachelor’s Degree, ideally in Mathematics, Finance, Economics, Business, or a related field
• 3-5 years of relevant experience in Banking & Financial Services, preferably in Collateral Management, Liquidity Management, or other Derivatives Operations roles
• Understanding of derivative trade structure and trade flow management, specifically its impact on daily valuations
• Knowledge of Credit Support Annex agreements, ISDA conventions, and regulations affecting the industry (CFTC and EMIR)
• Experience working with TriResolve, Acadiasoft, or IMEM
• Working knowledge of collateral management, margin call processing, and regulatory requirements for non-cleared margining rules (initial and variation margin)
• Knowledge of collateral optimization

Skills

• Ability to identify inefficiencies and opportunities for automation
• Excellent analytical skills with strong attention to detail and time management
• Exceptional verbal and written communication skills
• Strong collaboration skills with clients, operations, and technology teams
• Problem-solving skills to handle complexity and respond to uncertainty
• Advanced working knowledge of Microsoft Excel
• Strong organizational and multitasking skills; ability to work independently

Pay

The anticipated salary range for this role is $78,000 to $125,000. The specific salary offered will be based on individual qualifications, experience, and market analysis for similar roles at the time of hire. The role may also be eligible for an annual discretionary incentive award.

Benefits

SMBC offers a competitive portfolio of benefits in addition to cash compensation.

Schedule

SMBC employees participate in a hybrid workforce model, requiring employees to live within a reasonable commuting distance of their office location. Hybrid work schedules will be discussed during the interview process. Some roles, including certain FINRA-registered positions, may require full-time in-office attendance.