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Mizuho Corporate Bank Liquidity Risk Management – Associate / AVP in New York, United States

SUMMARY:

The Liquidity Risk Management function of Mizuho Americas provides oversight over liquidity and funding risks within the US Operations of Mizuho Financial Group. It is responsible for ensuring compliance with Enhanced Prudential Standards (EPS) liquidity requirements for Foreign Bank Organizations (FBOs). Scope covers the US Branches of Mizuho Bank and a US bank holding company, including subsidiaries such as the broker dealer and derivative trading entities.

The candidate will work within Mizuho Americas Liquidity Risk Management, a 2nd line function reporting to the US CRO. The candidate will oversee liquidity stress testing in key entities, in addition to maintaining a suite of reporting tools to monitor overall liquidity risk. The candidate will also act as liquidity risk liaison with front office functions and Tokyo Head Office. The candidate should be comfortable with interacting with senior management across various legal entities, business lines, and functions.

RESPONSIBILITIES:

  • Compile a suite of daily and monthly liquidity risk related reports for the US Operations, with a key focus on banking entities (FBO Branch and IDI subsidiary) as well as broker dealer and derivative swap dealer entities.

  • Monitor liquidity risk and ensure adherence to the liquidity reporting framework and Risk Appetite Statement for all entities in the Mizuho US Operations by measuring daily activity versus established liquidity risk limits.

  • Consolidate subsidiary and branch liquidity data into cohesive presentations for senior management committees, governing bodies, and working groups.

  • Assist with other team initiatives such as automation/enhancement of current reporting suite, refresh of Liquidity Stress Testing assumptions, etc.

  • Assess liquidity impacts of prospective products and businesses as part of the New Product Approval Process

  • Liaise with senior management in the US and Head Office (HO) in Japan on Liquidity Risk matters

QUALIFICATIONS:

  • 4 to 6 years in an analytical role in a Treasury department or Liquidity Risk function.

  • Understanding of Liquidity risk management concepts, including cash flow forecasting, liquidity stress testing, and analysis of funding sources and uses for both bank and broker dealer entities.

  • Knowledge of key liquidity risk regulations such as Regulation YY - Enhanced Prudential Standards for Foreign Banking Organizations (FBOs). Familiarity with LCR, NSFR, and FR2052a reporting.

  • High degree of comfort when working with data and spreadsheets (e.g. pivot tables and vlookups), including VBA and macros

  • Good presentation and communication skills, both written and oral. Ability to communicate effectively on abstract risk management concepts.

  • Ability to quickly absorb financial concepts and apply them to real world situations

  • Bachelor’s degree required; finance or accounting degree preferred.

  • Must be eligible to work in the US

    The expected base salary ranges from $95,000 - $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.

    #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.

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

Why Mizuho

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.

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 and drive, you can amplify your sphere of influence and base of knowledge as part of one of the largest—and growing—banks in the world.

For more information, please view our Recruiting Brochure (https://www.mizuhogroup.com/binaries/content/assets/pdf/americas/share/2022/7/210298-recruitment-brochure-r02ev-20220715.pdf)

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