Market Risk Trading Associate

Smbc • New York, NY

382d • $80,000 - $135,000 • Remote

About The Position

The Market Risk Trading Associate role at SMBC involves measuring and managing counterparty credit risk across various financial instruments and counterparties. The position focuses on establishing risk thresholds, monitoring exposures, and ensuring compliance with transaction terms. The associate will collaborate with client-facing units and other departments to enhance workflows and data sharing, while also developing industry relationships to stay informed on emerging risk trends.

Requirements

• 3 years of experience in market risk or related field.
• Basic knowledge of credit markets and counterparty arrangements.
• Understanding of counterparty credit risk and current market practices.
• Familiarity with information technology and project management.

Nice To Haves

• Experience with financial modeling and analytical skills.
• Knowledge of regulatory reporting requirements.

Responsibilities

• Measure gross and net exposures across differing types of instruments and counterparties.
• Model expected counterparty credit loss on current, expected, and future exposures.
• Establish thresholds for counterparty risk based on client, industry, and location.
• Monitor thresholds and suggest remedial actions as necessary.
• Establish procedures for accepting counterparties and defining transaction terms, limits, and net exposure.
• Update counterparty credit models for changes in transaction levels and market conditions.
• Calculate counterparty exposures and potential losses for regulatory reporting.
• Perform testing and due diligence to ensure compliance with exposure limits and collateral requirements.
• Develop relationships with client-facing units to understand risks in their businesses.
• Network within the industry to understand emerging risk trends.

Benefits

• Competitive salary range between $80,000.00 and $135,000.00.
• Annual discretionary incentive award eligibility.
• Comprehensive benefits portfolio.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed
• Number of Employees: 10,001+ employees