Derivative Settlements and Confirmations AVP (London, LND, GB, E14 9JY)

Sumitomo
London
Full timeFunction: Solutions Engineering & Sales EngineeringSkills: ["Adaptability","Attention to detail","Stakeholder management","Risk mitigation"]

Own end-to-end settlement and confirmation processing for derivative and FX trades across SMBC Bank and Capital Markets entities, including rate swaps, cross-currency swaps, caps/floors, inflation swaps, and FX. Draft and complete long-form and ISDA confirmations (paper and Markitwire), manage confirmation/settlement workflows, create rate reset notices, and monitor payment queues. Partner with team leaders and front-office stakeholders to support BAU and escalations.

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Sumitomo
Sumitomo
4 hours ago

Derivative Settlements and Confirmations AVP (London, LND, GB, E14 9JY)

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Source: Company careers pageValidated by: Fursa AI
Last checked: 4 hours agoStatus: Live

Job Summary

Own end-to-end settlement and confirmation processing for derivative and FX trades across SMBC Bank and Capital Markets entities, including rate swaps, cross-currency swaps, caps/floors, inflation swaps, and FX. Draft and complete long-form and ISDA confirmations (paper and Markitwire), manage confirmation/settlement workflows, create rate reset notices, and monitor payment queues. Partner with team leaders and front-office stakeholders to support BAU and escalations.
Location: London
Employment Type: Full time
Job Function: Solutions Engineering & Sales Engineering

Key Responsibilities

  • •Ensure timely settlement of derivative products (rate swaps, cross currency swaps, caps/floors, inflation swaps) and FX trades, mitigating settlement risk.
  • •Support derivative trade confirmation flows for Bank entities by completing long-form and ISDA confirmations via paper and Markitwire.
  • •Ensure BAU and daily team tasks are completed accurately, on time, and to operational standards; escalate issues and report to management.
  • •Create, check, and agree rate reset notices with external customers.
  • •Monitor payment queues in internal systems and SAA and take action to ensure payments are released; collaborate on team objectives and ad hoc tasks.

Pay and Benefits

Perks:Paid LeaveHealth InsuranceLife InsuranceLearning Budget

Key Requirements

  • •Experience with derivatives settlements, including Interest Rate Swaps, Cross Currency Swaps, Caps/Floors, Inflation Swaps and FX Options.
  • •Experience drafting and matching derivative confirmations and knowledge of ISDA Definitions for rates derivatives products.
  • •Ability to draft bespoke language for non-standard products in line with applicable ISDA Definitions.
  • •Ability to adapt to a continually changing regulatory environment for derivatives processing while maintaining controls and improving client experience.
Experience:DerivativesFXCapital markets
Skills:AdaptabilityAttention to detailStakeholder managementRisk mitigation
Tech Stack:ISDAMarkitwireSAA

Company Brief

Sumitomo
Sumitomo Corporation is a global diversified trading and investment conglomerate engaged in metal products, transportation, infrastructure, media, real estate, and other business domains through investments, trading, and integrated solutions worldwide.
Industry: Conglomerates & Holding Companies
Company Size: Enterprise (1,001+ employees)
Revenue: USD 1B+
Growth: Public Company
Valuation: Public Company (Market Cap in USD)
Funding: IPO / Publicly Listed
Headquarters: Tokyo, Japan
Founded: 1919
WebsiteLinkedIn