MTMG Trade Management Control & FMD Trade Support AVP

Job description

SMBC: A trusted partner for the long term Here at SMBC Group, we want to help you find the next step in your career so read on to discover if this opportunity is the one for you. We like to recognise potential in our people, so we welcome your application even when your experience doesn’t perfectly align with the job description. Whilst we’ll always strive to be better, we’re proud of our inclusive culture, and encourage our applicants and colleagues to be their authentic, unique selves. Who we are United by a sense of purpose towards our customers – to be a trusted partner for the long-term – and our universal banking platform in EMEA, SMBC Group has an international growth agenda and award-winning products, meaning we provide exciting opportunities to work on a diverse range of projects and initiatives. We deliver a full suite of corporate finance products and solutions to our customers as well as investment banking and advisory services, and a range of innovative solutions in global capital markets. Read on to find out how you could enhance your skills and gain valuable experience, by joining us to support our clients transition to a sustainable future. Role Summary Deliver high-quality Trade Management Control activities, ensuring the completeness, accuracy and integrity of trade, pricing, valuation and market data. Support efficient front-to-back processing for Financial Markets business alongside broader Trade Management Control responsibilities, through oversight of the trade lifecycle, execution of key controls, timely resolution of exceptions and effective collaboration with Front Office, Finance & Control, Operations, Risk and Technology teams. Contribute to a strong control environment through accurate execution of processes, effective risk management and continuous improvement of operational practices. Business Area The role sits within the Markets & Trade Management Group (MTMG), supporting Trade Management Control processes and a range of Financial Markets activities. The successful candidate will work closely with Front Office, Finance & Control, Market Risk, Operations, Treasury, Technology and COO teams to support effective pricing and valuation controls, trade lifecycle management and front-to-back operational oversight. Operating within a global markets environment, the role contributes to operational stability, data integrity, process standardisation and a strong control culture. Scale and Scope Geographic Scope: London-based role operating within an EMEA and global markets organisation, with regular interaction across regional and global functions. Portfolio / Process Volume: Supports Trade Management Control processes and high-volume Financial Markets activities directly contributing to operational stability, client delivery, revenue enablement and risk mitigation. Financial Exposure: No direct budget responsibility. The role supports controls over market data, pricing and valuation information associated with significant trading volumes and financial exposures. Team Size / People Impact: Individual contributor within a broader integrated Middle Office team. Contributes to team consistency, knowledge sharing, process standardisation and support of less experienced colleagues where required. Time Horizon: Focus on daily BAU delivery, T+0 and start/end-of-day controls, monthly reporting cycles, periodic control processes, exception management and continuous improvement initiatives. Regulatory Impact: Activities are subject to PRA and FCA oversight, internal audit, Finance and Risk governance frameworks, and applicable regulatory requirements including EMIR and MiFID II. Key Accountabilities and Responsibilities -Perform pricing and valuation controls through market data validation, price uploads, curve maintenance and investigation of valuation exceptions. -Monitor trade, pricing and market data issues, ensuring timely resolution and escalation where appropriate. -Investigate trade, valuation and reconciliation exceptions, performing root-cause analysis and coordinating remediation with relevant stakeholders. -Perform lifecycle event management, exception monitoring and reconciliation activities across Financial Markets products and processes, primarily supporting FX and Money Market businesses. -Produce management information, control reporting and analysis to support operational oversight and decision-making. -Maintain effective control frameworks, ensuring all activities comply with policies, procedures and regulatory requirements. -Maintain and enhance process documentation, desktop procedures and risk and control records. -Identify opportunities to improve efficiency, strengthen controls and increase automation and straight-through processing. -Build strong working relationships with Front Office, Finance & Control, Risk, Operations and Technology teams. -Develop and maintain subject matter expertise across valuation controls, trade lifecycle processes, Financial Markets products and applicable regulatory requirements, with particular focus on FX and Money Market activities. Position Description Knowledge, Skills & Experience Essential: -Experience within Middle Office, Trade Management, Finance & Control or a similar Financial Markets function. -Understanding of pricing, valuation or market data control processes. -Experience performing trade reconciliations, exception management and operational control activities. -Understanding of Financial Markets products and trade lifecycle processes, including FX and Money Market products. -Experience working within a robust control and governance framework. -Strong analytical and problem-solving skills with the ability to investigate and resolve issues independently. -Strong stakeholder management and communication skills. -Excellent attention to detail and commitment to data quality. -Advanced Excel skills with experience producing MI, analysis and reporting. Desirable: -Experience supporting Product Control, valuation control or independent price verification processes. -Knowledge of market data management, pricing methodologies and valuation controls. -Experience using Bloomberg and other market data platforms to source pricing, market and reference data in support of trade management, valuation, control and investigation activities. -Understanding of EMIR, MiFID II and broader Financial Markets regulatory requirements. -Experience with Financial Markets trading, risk and post-trade systems. -Experience of process improvement, automation and control enhancement initiatives. -Experience with tools such as VBA, Power BI, Python or SQL. -Relevant professional qualification or progress towards ACA, ACCA, CIMA, CFA or equivalent. Competencies Customer Focus Driving Change Driving Results Embraces Diversity Enterprise Leadership Judgement and Decision Making Risk Management Strategic and Visionary Trust and Integrity What we offer For all the expertise and experience you bring to help us make a difference, it’s only sustainable if we support you to build your career and be your best self so we offer competitive company benefits, centred around promoting positive well-bring and work-life balance. We also believe in fostering a diverse and inclusive work environment, where all team members perspectives and contributions are valued. Initiatives in place which promote a diverse and inclusive culture and healthy work life balance include hybrid working, Sport & Social Clubs and Diversity and Inclusion networks. As an employee of SMBC you have access to a host of both useful and exciting benefit offerings. See below some of the benefits on offer to you: Hybrid and flexible working Competitive paid leave days Benefits to support your physical wellbeing, including private medical insurance and life and invalidity insurance Various policies to support your mental wellbeing, including a robust behavioural health network with counselling and coaching services Access a wide range of learning and development opportunities and career progression opportunities Ambitious remuneration package So, if you like a challenge and want to continuously grow and develop in a role where you will be supported along the way by a dynamic and diverse team, apply today!! We recognise our role as a bank to support social change and welcome all applications, including those from groups often under-represented in financial services. We value the uniqueness of professional and personal, backgrounds and perspectives as they play a vital role in continuing the sustainable growth of our organisation. We’ll ensure reasonable adjustments to our recruitment process are offered due to a disability or long-term condition whenever requested. We are committed to transparent and equitable pay practices. Compensation is determined using objective criteria, including skills, experience, and role responsibilities, and applied consistently throughout our recruitment processes. We do not request candidates' pay history and are committed to preventing unjustified pay disparities.