Global Markets Business Management Assistant Vice President
London, LND, GB, EC2M 2AT
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 day-to-day FX/MM trade management services, ensuring accuracy, timeliness, and consistency across all BAU processes. Ensure adherence to established control frameworks, policies, and procedures, safeguarding the integrity of trade data, reporting, and downstream impacts. Enable efficient front-to-back operations by maintaining robust oversight of trade lifecycle activities and resolving issues within defined risk tolerances. Success is demonstrated through consistent delivery to SLA, strong control outcomes, and well-maintained, standardised operational procedures across the team.
Business Area
The role operates within FX/MM Trade Management in the Middle Office function, supporting Front Office trading desks and collaborating closely with Treasury, Finance & Control, and COO teams. It integrates across EMEA and global operations to deliver consistent, controlled BAU services aligned with enterprise policies and regulatory expectations. The role plays a key part in ensuring operational stability, standardisation, and control discipline across FX/MM processes.
Scale and Scope
Geographic Scope: London-based role
Portfolio / Process Volume: Supports high-volume FX/MM and directly contributes to client delivery, revenue enablement, and risk mitigation.
Financial Exposure: No direct budget responsibility; activities support control over FX/MM transactions and exposures linked to significant trading volumes
Team Size / People Impact: Individual contributor within a broader Middle Office team; contributes to alignment and consistency across peers
Time Horizon: Focus on daily BAU delivery, monthly reporting cycles, quarterly control processes, issue resolution, and exception management
Regulatory Impact: Activities subject to PRA/FCA oversight, internal audit, and risk governance frameworks
Key Accountabilities and Responsibilities
-Execute daily BAU FX/MM trade management activities to a high standard, ensuring completeness, accuracy, and adherence to defined SLAs
-Ensure all processes are performed in line with established policies, control frameworks, and regulatory requirements, escalating exceptions where risk thresholds are breached
-Act as the FX/MM Subject Matter Expert across the end-to-end trade lifecycle, leveraging deep expertise in Trade Life Cycle to bridge Front Office execution with Back Office Operations and ensure seamless processing.
-Processing and monitoring non-economic trade amendments and post-execution lifecycle events, ensuring updates are accurately reflected across downstream systems.
-Assisting with trade reconciliations, control reporting, and data quality checks to help maintain a robust control environment.
-Produce ad hoc MI and analysis to support operational oversight and decision-making within Front Office and control functions
-Maintain, review, and enhance desktop procedures, ensuring they are current, comprehensive, and aligned to actual practices and control requirements
-Drive consistency and alignment across the team by standardising processes, controls, and documentation
-Identify process inefficiencies or control gaps within BAU activities and implement improvements to enhance robustness and efficiency
-Developing expertise in EMIR and MiFID regulatory obligations, and operational control frameworks to support effective Risk Management, Regulatory and Compliance requirements.
Position Description
Knowledge, Skills & Experience
Essential:
-Strong understanding of FX/MM trade lifecycle and Middle Office BAU processes
-Experience operating within a controlled environment with strict adherence to policies, procedures, and operational controls.
-Proven ability to manage high-volume, time-sensitive BAU activities with accuracy and discipline
-Experience with trade validation, control checks, reconciliations, exception management, and operational reporting.
-Strong attention to detail with ownership of data quality and process integrity.
-Ability to maintain, review, and document procedures clearly and effectively.
-Strong stakeholder engagement and communication skills across Front Office and control functions.
-Advanced Excel skills, including VBA development, with strong MI and reporting capabilities.
Desirable:
-Understanding of broader Financial Markets products and associated post-trade processing activities.
-Knowledge of regulatory requirements and control frameworks applicable to Financial Markets environments, including EMIR, MiFID II, PRA/FCA expectations and ISDA documentation.
-Experience in process standardisation, continuous improvement, automation, and control enhancement initiatives to improve efficiency and increase STP.
-Previous experience within Middle Office, Market Operations, Product Control, Risk Management, Finance & Control, Regulatory Operations or similar Financial Markets functions.
-Ability to analyse data, investigate issues, identify root causes and implement practical solutions within established controls and procedures.
-Relevant Financial Services experience together with a willingness to further develop expertise in FX/MM products, regulatory requirements, and Middle Office processes.
-Ability to establish and maintain recognised subject matter expertise across products, trade lifecycle processes, operational controls and regulatory requirements, providing guidance and support to stakeholders and team members.
Competencies
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.