Summary
The Financial Resource Management (FRM) team is looking for a dynamic and skilled individual to spearhead the credit and market risk calculations, review and interpret new regulatory rules, partner with business to understand treatment of books under new regulations. The ideal candidate is a self-motivated professional who thrives in a fast-paced environment and has a proven track record of successfully driving projects to completion.
The role will have responsibility for estimating, reporting, and managing financial resources throughout Mizuho Americas and will include enhancing our market and credit risk capital calculations and reporting framework, and addressing cross-functional queries and matters. The position is based in the New York City office, offering a unique opportunity to contribute to the continued growth and success of Mizuho’s Americas franchise.
Responsibilities
Perform market and credit risk capital calculations for all Mizuho Americas businesses and products (banking, broker-dealer and derivatives trading) under Basel III
Conduct quantitative analyses to explain variation in the risk capital under US and Japanese Basel approaches
Prepare and distribute risk capital reports, including rigorous data validation and effective commentary
Review, monitor, and manage risk capital budgets
Establish, document, automate, and sustain new processes for capital calculations and reporting
Liaise with all Mizuho entities in the collection and integration of risk and capital data
Produce insightful reporting to management and stakeholders, informing how business decisions may be impacted by observed, and potential, changes in risk capital
Prepare analyses and commentary in response to audit and regulatory inquires on risk capital
Perform statistical analyses to forecast risk capital
Participate in the initiative to consolidate all capital calculations
Minimum Requirements
2+ years’ experience in FRM, risk management, or related area
Working knowledge of trading products (equity, bonds, ABS/MBS, derivatives, etc.)
Proficiency with Excel, PowerPoint, SQL, and Python
Effective communication skills: oral, written, listening and presentation
Preferred Skills
Bachelor’s degree in mathematics, statistics or finance is preferred
Consulting experience with Financial Institutions preferred
Good understanding of market risk concepts (Greeks, VaR, stress testing, etc.) or credit risk concepts (PD, LGD, EAD, ratings, etc.)
The expected base salary ranges from $91,000 - $120,000. Salary offers are based on a wide range of factors including relevant skills, training, experience, education, and, where applicable, certifications and licenses obtained. Market and organizational factors are also considered. In addition to salary and a generous employee benefits package, including Medical, Dental and 401K plans, successful candidates are also eligible to receive a discretionary bonus.
Other requirements
Mizuho has in place a hybrid working program, with varying opportunities for remote work depending on the nature of the role, needs of your department, as well as local laws and regulatory obligations. Roles in some of our departments have greater in-office requirements that will be communicated to you as part of the recruitment process.
Company Overview
Mizuho Financial Group, Inc. is the 15th largest bank in the world as measured by total assets of ~$2 trillion. Mizuho's 60,000 employees worldwide offer comprehensive financial services to clients in 35 countries and 800 offices throughout the Americas, EMEA and Asia. Mizuho Americas is a leading provider of corporate and investment banking services to clients in the US, Canada, and Latin America. Through its acquisition of Greenhill, Mizuho provides M&A, restructuring and private capital advisory capabilities across Americas, Europe and Asia. Mizuho Americas employs approximately 3,500 professionals, and its capabilities span corporate and investment banking, capital markets, equity and fixed income sales & trading, derivatives, FX, custody and research. Visit www.mizuhoamericas.com.
Mizuho Americas offers a competitive total rewards package.
We are an EEO/AA Employer - M/F/Disability/Veteran.
We participate in the E-Verify program.
We maintain a drug-free workplace and reserve the right to require pre- and post-hire drug testing as permitted by applicable law.
#LI-MIZUHO
Top Skills
What We Do
This is not your typical financial institution. It’s our people who make us a cut above. Here, every person is respected because of their differences, not in spite of them. We pride ourselves on a culture of purpose, passion and compassion.
At Mizuho, we provide the stability of an international industry leader with the career trajectory of a growing business. Our steady, strategic growth gives our people at all levels rewarding degrees of responsibility and a richer work experience than a boutique firm or an established giant could offer alone.
Working for Mizuho opens doors not just to a rewarding career with excellent prospects, but to lasting friendships with colleagues from diverse cultures. It’s the local expertise of our employees that makes our global network so powerful. By collaborating with colleagues and clients who have your same ambition, you can amplify your sphere of influence and base of knowledge as part of one of the largest—and growing—banks in the world.
We’re all global citizens, and that’s why our company feels compelled to make an impact through more than just drawing up deals. We prove that it’s possible to do well and do good. We do right by our clients, our community and each other.
