About the Role
Summary Mizuho Americas is seeking an Analyst/Associate in its Exposure Management (EM) function, reporting to EM lead, under the Head of Market and Liquidity Risk Management. The candidate will work with a focused team of individuals tasked with establishing a quantitative measurement framework for counterparty credit risk exposures, following the guidance of the Federal Reserve SR11-10 letter (Interagency Counterparty Credit Risk Management Guidance). This may include among other items: PFE and EAD modelling, counterparty VaR modelling, portfolio risk analysis, sensitivity analysis, scenario analysis, stress testing, wrong way risk analysis, SIMM modelling, and counterparty risk capital analysis. The team partners with the Capital Markets Credit Department to measure limit usage, establish collateral requirements, and develop a comprehensive haircut/Independent Amount/Initial Margin framework. The team also partners with IT and project management to implement credit risk measure quantification and its aggregated reporting and monitoring. Core Responsibilities Generate counterparty exposure reports for senior management. Perform quantitative analysis of counterparty exposure such as initial margin, potential future exposure Monitor counterparty exposure on an ongoing basis Responsible for exposure and portfolio management of counterparties and effective management of risk in derivative transactions. Conduct what-if analysis on new transactions and counterparty portfolio. Automate labor intensive tasks to enhance efficiency and streamline processes Play a key role in executing ongoing improvements in data quality and reporting infrastructure. Support new initiatives and projects to enhance portfolio management and exposure management. Experience and Education Requirements Master’s degree in Quant Finance/Mathematics/Engineering. Strong analytical skills and quantitative background. Experience in Python, VBA, SQL preferred Knowledge of derivative products/counterparty credit risk preferred Excellent written and verbal presentation skills Strong attention to detail. Team player and ability to work closely with partners. 0-3 years experience in finance industry The expected base salary ranges from $83,500 - $115,000. 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. #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 Why Mizuho Mizuho is in growth mode as we are climbing the league tables, disrupting the status quo, and attracting top talent. Positions are available across our corporate functions, and on our corporate and investment banking, capital markets, advisory, research, sales & trading, derivatives, and financing teams. We are looking for candidates who want to contribute to our entrepreneurial culture where people at all levels are inspired to share ideas. Our creativity sets us apart, and our perseverance drives results in creating bespoke, client-focused solutions. If you are interested in advancing your career working for a firm with a growth mindset and the resources of a global financial services team, we would like to hear from you. For more information, please view our Recruiting Brochure