PERM - Global Markets - Fixed Income IG Desk Strategist; Financials - Executive Director

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.

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.

Is the next step in your career at SMBC Group EMEA? We’re looking for an Executive Director to join our team.

Hiring manager to edit here:

• Investment Grade Credit Sales & Trading is a core offering within Fixed Income both in EMEA and globally. It is closely aligned to our lending and origination activities in SMBC BI including DCM. This role as UK IG Desk Strategist in the Financials Sector will focus on debt securities issued by IG Financials issuers, which have demand from investors predominantly in the UK and Europe with some cross border activity in certain products and will work closely with our Debt Capital Markets ("DCM") team.

• IG Sales and Trading help distribute primary transactions for DCM and provide liquidity to our clients in secondary markets.
• Contribute positively and sustainably to the trading P&L in Global Markets Dept and support DCM primary transactions

• Identify and capitalise on new business opportunities, leveraging SMBC's global platform and lending relationships.
• Maintain the highest standards of ethical conduct, including monitoring compliance with all relevant regulatory requirements and internal policies by the Credit Sales team.
• Represent SMBC at industry events, conferences, and client meetings, enhancing the bank's profile and market presence.

• Fixed Income has been identified as a key growth area for SMBC globally. Core to this franchise is Investment Grade where we originate, distribute and trade debt issued by Corporates and Financials across EMEA and the US.
• This senior level Desk Strategist role will focus on expanding the IG Financials trading platform and will work closely with our Bank Capital Advisory offering within DCM.
• This Desk Strategist will work alongside IG salespeople and traders to support primary and provide liquidity to our clients in secondary markets, with a focus on producing market commentary, trade ideas and supporting/enhancing risk management of trading inventory.
• This Executive Director Desk Strategist will be expected to build a relationship with both internal and external clients and counter parties, improving our standing in the market whilst achieving P&L targets.

• Develop and maintain quantitative analytic tools for pricing, risk management, and relative value analysis of financials credit products (e.g., bank and insurance bonds, subordinated debt).
• Analyse market trends, credit spreads, capital structures, and regulatory developments affecting financial institutions.
• Generate trade ideas and provide real-time market commentary to traders and sales, with a focus on financials credit.
• Collaborate with traders to structure and optimise trades, including scenario and stress testing.
• Build and enhance tools for monitoring positions, exposures, and market risks specific to financials credit.
• Prepare concise presentations, reports, and trade ideas for internal stakeholders and clients.
• Work with technology teams to automate analytics and improve data…