Systematic Credit Strategies Research - Associate

SMBC Group is a top-tier global financial group. Headquartered in Tokyo and with a 400-year history, SMBC Group offers a diverse range of financial services, including banking, leasing, securities, credit cards, and consumer finance. The Group has more than 130 offices and 80,000 employees worldwide in nearly 40 countries. Sumitomo Mitsui Financial Group, Inc. (SMFG) is the holding company of SMBC Group, which is one of the three largest banking groups in Japan. SMFGs shares trade on the Tokyo, Nagoya, and New York (NYSE: SMFG) stock exchanges.

In the Americas, SMBC Group has a presence in the US, Canada, Mexico, Brazil, Chile, Colombia, and Peru. Backed by the capital strength of SMBC Group and the value of its relationships in Asia, the Group offers a range of commercial and investment banking services to its corporate, institutional, and municipal clients. It connects a diverse client base to local markets and the organizations extensive global network. The Groups operating companies in the Americas include Sumitomo Mitsui Banking Corp. (SMBC), SMBC Nikko Securities America, Inc., SMBC Capital Markets, Inc., SMBC MANUBANK, JRI America, Inc., SMBC Leasing and Finance, Inc., Banco Sumitomo Mitsui Brasileiro S.A., and Sumitomo Mitsui Finance and Leasing Co., Ltd.

The anticipated salary range for this role is between $115,000.00 and $180,000.00. The specific salary offered to an applicant will be based on their individual qualifications, experiences, and an analysis of the current compensation paid in their geography and the market for similar roles at the time of hire. The role may also be eligible for an annual discretionary incentive award. In addition to cash compensation, SMBC offers a competitive portfolio of benefits to its employees.

SMBC is hiring an Associate to join the Systematic Credit Trading team, focused on quantitative analytics, model-driven execution, and realtime trading decision support for corporate bonds. This role is designed for candidates with prior fulltime experience in fixed income, trading, or quantitative development who are ready to operate closer to the trading desk and take ownership of production analytics, models, and workflows.

You will work directly with traders and senior quants on systematic strategies across U.S. investmentgrade and highyield credit, contributing to model development, trading tools, automation, and performance analysis. This is a frontoffice role with increasing responsibility, real PnL impact, and exposure to markets, clients, and execution.

• Own and enhance systematic trading models, signals, and feature pipelines for corporate bonds across liquidity regimes.
• Analyze market microstructure, TRACE data, RFQ dynamics, and transaction cost drivers at the bond and portfolio level.
• Design, build, and maintain productionquality analytics, dashboards, and monitoring tools used daily by traders and quants.
• Contribute to RFQ automation, pricing logic, and dealer/ECN workflows, improving speed, consistency, and execution quality.
• Monitor model behavior, inventory risk, PnL attribution, and execution performance, identifying issues and opportunities in real time.
• Partner with trading and sales to translate data and analytics into actionable trading ideas and client insights.
• Mentor junior analysts and help set technical and analytical best practices on the desk.
• Over time, develop into a quantitative trader, execution specialist, or analyticsdriven clientfacing role, depending on strengths and interests.

• Bachelors or Masters degree in Computer Science, Mathematics, Engineering, Finance, Statistics, or related quantitative field.
• 2-6 years of fulltime professional experience in fixed income trading, quantitative research, trading analytics, or frontoffice engineering.
• Demonstrated experience working with bond, rates, or credit market data in a real production or trading environment.
• Strong programming skills in Python for analysis, modeling, and tooling; solid experience with SQL; familiarity with JavaScript/TypeScript or modern dashboards a plus.
• Strong analytical foundation: statistics, timeseries analysis, optimization, or applied machine learning.
• Ability to reason about liquidity, pricing, execution costs, and risk in lessliquid markets.
• Clear communicator with strong attention to detail and comfort working directly with traders.
• Direct experience with corporate credit markets, bond math, TRACE data, or RFQbased trading.
• Exposure to FIX, MarketAxess, Tradeweb, Bloomberg, or other fixedincome trading platforms/APIs.
• Experience building realtime or nearrealtime analytics for trading or risk monitoring.
• Familiarity with risk metrics such as DV01, CS01, spread risk, or inventory risk.
• Experience supporting or improving systematic or rulesbased trading strategies.

SMBCs 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.

SMBC provides reasonable accommodations during candidacy for applicants with disabilities consistent with applicable federal, state, and local law. If you need a reasonable accommodation during the application process, please let us know at ....