Director, EM Rates Trader, Global Markets and Treasury Dept, APD - SMBC
Make markets in emerging-market non-deliverable rates at SMBC. The role manages an ND swap book and supports regional rates trading and hedging.
What you’d work on
Our reading of the posting: what a new hire in this role would most likely spend their first months on.
- Quote and trade non-deliverable rates products.
- Manage positions and hedge risks within trading limits.
- Develop market views and coordinate coverage with other rates traders.
What they ask for
Required
- ND rates trading
- Rates derivative expertise
- Trading-risk management
- Clear market communication
- Education
- Quantitative degree or equivalent demonstrated skills; degree level not stated.
- Experience
- At least 3 years managing an ND IRS or NDS trading book, with experience in at least one specified Asian market.
- Markets
- fixed-income, fx
How to prepare
- Price a non-deliverable rate swap under local conventions.
- Stress a rates book for curve and FX shocks.
- Prepare a trade idea with explicit hedges and risk limits.
What to study
- Fixed Income and Interest-Rate Models
- Quantitative Risk Management
- Market Microstructure and Execution
The Rates Quant roadmap sets out the stages for this kind of role, with free resources for each.
Open the roadmapApply
Read the full posting on Sumitomo Mitsui Banking Corporation’s site before applying: requirements, location and pay can change after we check them.
View the posting on Sumitomo Mitsui Banking Corporation’s site ↗
SelfMadeQuant wrote this summary from the employer’s public posting, last checked 6 November 2026. SelfMadeQuant isn’t affiliated with Sumitomo Mitsui Banking Corporation and doesn’t handle applications.