Global Markets Business Manager for Systematic/Algorithmic Trading, Vice President

Sumitomo Mitsui Financial Group, Inc. • $121K — $180K *
New York, NY 10025In-Person
Finance & Insurance
5 - 7 years of experience
Yesterday
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Job Overview by Ladders

Qualifications

  • Undergraduate degree in Finance, Business Administration, or related fields.
  • 7+ years of financial services experience, specifically in front office support for High Frequency and Algorithmic trading.
  • Experience with regulations and controls related to High Frequency/Algorithmic Trading.
  • Proven track record in creating policies and procedures supporting trading activities.
  • Strong data analysis, reporting, and presentation skills, especially in PowerPoint.
  • Excellent organizational, oral, and written communication skills for effective interaction with various stakeholders.
  • Proficient in Word, Excel, and PowerPoint; ability to quickly learn new software.

Responsibilities

  • Lead Front Office projects and strategic initiatives for Systematic and Algorithmic Trading.
  • Produce management presentations on business performance and strategic initiatives.
  • Develop insightful analyses and metrics in partnership with business leaders.
  • Provide insights into core controls for Algorithmic trading and collaborate with the Business Control Office.
  • Prepare materials for communicating business unit goals to management and Sales and Trading teams.
  • Design and enhance the governance framework for the Systematic Trading desk.
  • Implement policies that govern the systematic trading framework and ensure oversight with 2LOD.

Benefits

  • Participation in a Hybrid workforce model allowing work from home and office.
  • Opportunities for employees to maintain a better work-life balance through hybrid work arrangement.
  • Consideration of each candidate's specific hybrid work schedule during the interview process.
Full Job Description
Role Description

We are looking to hire a new Front Office Business Manager at the Vice President level for our Global Markets platform with a focus on the Systematic Trading Business. The successful hire will:
  • Lead and oversee Front Office projects and strategic initiatives to drive change and implement business priorities as it relates to Systematic and Algorithmic Trading.
  • Support Front Office management by producing management presentations detailing business performance and strategic initiatives
  • Partner with business unit leadership to develop timely, accurate, and insightful analyses and metrics
  • Provide insight into the core controls that are associated with Algorithmic trading and work with Business Control Office to put the appropriate framework in place to monitor the activity.
  • Prepare materials to deliver business unit message to Front Office management and Sales and Trading Leadership supporting growth initiatives
  • Design, enhance and continuously improve the operating framework and governance model for the Systematic Trading desk.
  • Ensure scalability, robustness and alignment with business and regulatory expectation.
  • Implement policies and procedures that govern the systematic trading framework and liaise with 2LOD to ensure agreement and oversight.


Role Objectives

  • Lead work streams and contribute to projects that deliver front office efficiencies
  • Prepare and deliver compelling and visually effective presentations
  • Interact directly with traders, developers and Quants/Strats on initiatives and pipeline
  • Analyze client and industry profitability and competitor analyses


Qualifications and Skills

  • Undergraduate degree in Finance, Business Administration or related fields
  • Seven or more years of experience in financial services industry with direct business management support of High Frequency and Algorithmic trading in the front office
  • Background in supporting regulations and controls for High Frequency/Algorithmic Trading.
  • Has background on creating policies and procedures as direct support of this activity.
  • Experience in data analysis, production of reporting materials, and strong presentation and PowerPoint skills
  • Strong organizational, oral, and written communication skills, with ability to communicate effectively with all levels of risk, support, and business partners
  • Proficiency with Word, Excel, and PowerPoint, along with ability to quickly learn new programs and applications

SMBC's employees participate in a Hybrid workforce model that provides employees with an opportunity to work from home, as well as, from an SMBC office. SMBC requires that employees live within a reasonable commuting distance of their office location. Prospective candidates will learn more about their specific hybrid work schedule during their interview process. Hybrid work may not be permitted for certain roles, including, for example, certain FINRA-registered roles for which in-office attendance for the entire workweek is required.

About Sumitomo Mitsui Financial Group, Inc.

Sumitomo Mitsui Financial Group, Inc. Careers

There has never been a more opportune time to join the dynamic team at Sumitomo Mitsui Financial Group, Inc. (SMFG)—a leading force in the financial services industry recognized for its leadership in innovation and diversity.

Explore Job Opportunities

Sumitomo Mitsui Financial Group, Inc. offers a plethora of job opportunities that cater to a variety of skills and interests. The company is renowned for its commitment to professional growth and leadership development, making it an ideal environment for ambitious individuals looking to advance their careers.

Experience Professional Growth

At SMFG, career advancement is not just a possibility but a priority. The company supports its team members with extensive training programs, including leadership development and diversity training, ensuring that every employee has the tools and knowledge necessary to succeed.

Join a Diverse and Inclusive Team

Diversity and inclusion are at the core of the company culture at Sumitomo Mitsui Financial Group, Inc. With a global team that values unique perspectives and fosters a collaborative and inclusive environment, SMFG is a place where everyone can thrive.

Internship Programs

For those starting their career journey, SMFG offers internship programs that provide a robust foundation in the financial sector. Interns gain invaluable experience, working alongside seasoned professionals and engaging in projects that offer real-world applications of their studies.

Benefits and Culture

Sumitomo Mitsui Financial Group, Inc. is dedicated to not only attracting but also retaining top talent by offering competitive benefits that enhance both personal and professional life. The company culture promotes work-life balance, employee well-being, and continuous learning.

Innovative Work Environment

Innovation is a key driver of SMFG’s success. Employees are encouraged to bring forward-thinking ideas to the table and are provided with the resources to transform these ideas into actionable solutions that drive the financial industry forward.

Networking and Career Development

Networking opportunities within SMFG are abundant. Employees are encouraged to connect with colleagues and industry leaders through various platforms and events, enhancing their professional network and opening doors to myriad career opportunities.

Apply for a Position

Sumitomo Mitsui Financial Group, Inc. is actively hiring and looking for talented individuals who are passionate, curious, and driven. Explore open positions that match your skills and interests on the SMFG careers page.

Stay Connected with SMFG Careers

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Prepare for Your Interview

Aspiring to join SMFG? Prepare your resume to reflect your best self and gear up for the interview process where you can showcase your skills and passion for finance and innovation.

Career Opportunities Await

At Sumitomo Mitsui Financial Group, Inc., the potential for professional development and personal growth is limitless. Discover the exciting and rewarding career opportunities that await at SMFG, where every position contributes to the company’s global success and leadership in the financial industry.
Learn more about Sumitomo Mitsui Financial Group, Inc.
Industry
Finance & Insurance
* Ladders Estimates

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