Financial Resource Management Associate

Mizuho Bank
New York, US
$75K-$115K a year
Full-time

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 $75,000 - $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, successful candidates are 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.

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 perform pre-employment substance abuse testing. #LI-MIZUHO

22 hours ago
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