Job Information
Mizuho Americas Services LLC Market Risk AVP - Spread Products in New York, New York
Responsibilities:
In this role, you will perform daily Market Risk management duties for the Securitized Products (Agency and Non-Agency), Corporate Bonds, and Municipal Products trading desks.
Responsible for explaining and quantifying risk metrics, including changes in daily VaR, SVaR, as well as changes in risk sensitivities.
Provide periodic and ad hoc analysis related to positions, risk factors, stress scenarios, and P& L.
Work closely with traders to address limits usages, as well as risk appetite issues requiring limit extensions.
Produce commentary detailing market trends, portfolio changes, trading/hedging strategies for senior management, regulators, and auditors.
Work on projects to ensure market risk system functionality in support of new products.
Qualifications:
5 years of experience in market risk management required.
Direct experience with Spread Products market risk is preferred.
Knowledge of Agency MBS/CMO/CMBS, Non-Agency ABS/CLO/CMBS/RMBS, Corporate Credit, Municipal Products.
Masters degree in a quantitative field.
Demonstrable quantitative and analytical skills.
Excellent communication skills.
Strong attention to detail, self-learner, can develop creative solutions to new problems.
Ability to work under pressure with tight time schedules in a trading desk environment.
The expected base salary ranges from $90, 000 - $140, 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, successful candidates are eligible to receive a discretionary bonus.
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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 Americasoffers 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.
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Equal Opportunity Employer - minorities/females/veterans/individuals with disabilities/sexual orientation/gender identity
Minimum Salary: 0.00 Maximum Salary: 0.00 Salary Unit: Yearly