Join the Mizuho team as a Senior EQD Trading Applications Support Engineer!
This is a senior engineer position supporting an Equity Derivatives Trading desk. The candidate must have experience in Equity Derivatives and is willing to provide support to traders. It would be required for the candidate to have experience with the Murex trading system.
Major Responsibilities:
- Ability to price supported equity derivatives products within Murex, using different market data sets & model settings to perform testing and validation as needed
- Collaborating and supporting Front Office EQD desk, Technology Partners, and Model Validation/Risk teams in projects that require subject matter expertise related to risk and analytics in the EQD derivatives ecosystem
- Leverage knowledge on different domains such as Financial Markets, Murex proprietary financial systems, Information Technology, and Advanced Mathematics to liaise and communicate effectively with the teams and business users
- Provide high-quality support in using the Murex platform for pricing and structuring of complex financial products within trading domain (e.g. EQD derivatives).
- Onboarding new products, BAU enhancements and providing Day-to-Day trade support for the Equities Derivatives trading desk, closely interacting with traders executing and risk managing complex derivative products
- Articulates and defines systems scope and objectives for complex, high impact application enhancements and problem resolution through in-depth analysis and evaluation of complex business processes, systems and industry standards; documents requirements.
- Allies with multiple technology teams to ensure appropriate integration of functions to meet goals; identify and define necessary system enhancements; analyze existing system logic, identify problems; and recommend and implements solutions.
- Undertaking projects as required, i.e. performance management, monitoring initiatives, infrastructure upgrades, web based tools, reporting and documentation
- Ensuring accurate trade capture, event processing, representation of positions, PL & risk exposures in risk management systems.
- Liaising with global Tech and Ops counterparts on a variety of strategic initiatives – representing the business interests by providing expertise across products & systems, testing new technology rollouts, and driving enhancements to existing systems and processes
- Performing reconciliation processes across systems to help system upgrades and maintain various systems connectivity to ensure smooth trading desk activities.
- Imparts background in automation to remove manual touchpoints
Required Qualifications:
- At least 5 years of extensive experience as Murex front office analyst with demonstrated experience with P&L explain/resolution, Greeks, SIMM, VaR, Risk analysis, simulation views, LiveBook, market data viewer, pre-trade, E-Tradepad pricing and dynamic tables
- Working knowledge of equity swaps configuration, TRS Generator configuration (& related static data), rate curve definitions, rate curve assignments, Pricing template, calculation templates, processing templates, VaR modules, CVA, LiveBook, OSP within Murex 3.X.
- Advanced degree in science, engineering, computing, quantitative finance or a related experience.
- Analytical background including an understanding of applied Math, Probability and Statistics.
- Strong analytical skills to understand a broad set of sophisticated cross-asset products and complex end-to-end workflows
- A thorough understanding of market data conventions and ability to understand the interpret market data provider specifications.
- Knowledge of financial products (equity derivatives required), business processes and workflows
- Ability to multitask several ongoing issues. This involves the ability to assess priority and make appropriate decisions quickly and effectively.
- Experience working on a trading floor supporting mission critical applications
- Ability to communicate effectively both verbally and in writing to technical and non-technical audiences
- Effective interpersonal skills and relationship-building skills.
- Self-motivated and directed, with the ability to effectively prioritize and execute tasks in a high-pressure environment.
- Able to work independently and in a collaborative environment
- Geared towards process improvement, system enhancement and automation
Targeted systems:
- Murex
- Bloomberg
Location: NY
The expected base salary ranges from $160k-$250k. 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, successful candidates are eligible to receive a discretionary bonus.
#LI-Hybrid
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.
