26 Jun 2026
London, LND, GB, EC2M 2AT
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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
Working closely with New York and London colleagues to setup new London based processes.
Daily input of market parameters like swap rates, spreads, cap/floor and swaption vols, prices of exchange • traded securities of more than 25 currencies required for the daily valuation of the derivatives portfolio.
Daily input of new trades into the SMBC system that should be included as a part of the revaluation of the derivatives portfolio.
Ensure that all the market input parameters used for revaluation are maintained in the databases.
Ensure trades and their full life cycle are recorded and posted correctly in the trading system.
Preparation of various month-end reports for internal and external reporting
Participate in projects on process and control improvements
Business Area
The Derivative Products Group operates in London, Frankfurt, New York & Hong Kong and trades 24 hours each business day. The main activity of the Derivative Products Group is originating & trading interest rate & currency swaps & their related options. The London Group covers: the UK, Europe, the Middle East & Africa.
SMBC-CM is a derivative products dealer whose primary market focus is fixed income and currency derivatives. SMBC-CM's current product line includes:
Interest rate swaps
Cross currency swaps
Caps and floors
FRA's
Interest rate options
Forward foreign exchange and FX options
SMBC-CM also trades the following products (primarily for hedge purposes)
Government securities (such as US Treasuries, Gilts, Bunds etc.)
Repos and Reverse Repos
Financial futures and options on exchange.
Spot foreign exchange
This role sits within the Derivatives front-office at SMBC Nikko Capital Markets Ltd and reports to the Head of London Trading Execution and Support team (LNTES). Due to growth in business activities, there is increased requirement for effective controls on BAU resulting in the need for a London based Portfolio Analysis team.
Position Description
The London based LNPA team would support the London office as well as our Paris, Frankfurt and Hong Kong offices. It will work closely with the New York office to bring back processes.
The current LNTES team comprises 7 team members, including one graduate.
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.
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About SMBC
A trusted partner for the long term
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, we deliver a full suite of corporate finance products and solutions to our customers, including corporate, structured and trade finance, leveraged finance, loan market and treasury products. We can also provide investment banking and advisory services and a range of innovative solutions in global capital markets.
about what we do and who we are at https://www.smbcgroup.com/emea/careers
