SUMMARY

The Financial Resource Management Unit (FRM) is responsible for estimating, reporting and managing capital across Mizuho Americas. Mizuho seeks a highly motivated individual to serve as a PORTFOLIO RISK ASSOCIATE / AVP. The employee will work with FRM to support Mizuho’s capabilities in developing and enhancing the institution’s market risk capital calculation and reporting framework. The employee will serve as a key contact point to address cross functional queries and matters.

RESPONSIBILITIES

• Perform market and credit risk capital calculations for all Mizuho Americas businesses and products (banking, broker-dealer and derivatives trading)

• Conduct quantitative analysis to explain variations in the risk capitals under US and Japanese Basel approaches.

• Prepare and distribute various reports of risk capitals.

• Liaise with all Mizuho entities in the collection and integration of risk and capital data.

• Prepare analysis in response to audit and regulatory inquires on risk capitals.

• Help with the statistical analyses in forecasting risk capitals.

• Participate in the initiative to consolidate all capital calculations.

• Set up and automate new capital calculations and reporting process as necessary.

MINIMUM REQUIREMENTS

• 3+ years’ experience in risk management or other analytical area preferred.

• Master degree of mathematics, statistics or finance is preferred.

• Good understanding of market risk concepts (Greeks, VaR, stress testing, etc.) or credit risk concepts (PD, LGD, EAD, ratings, etc.)

• Working knowledge of regulatory and economic risk capitals.

• Working knowledge of trading products (equity, bonds, ABS/MBS, derivatives, etc.).

• Proficiency with Excel, SQL or Python.

• Effective communication skills: oral, written, listening and presentation.

OTHER REQUIREMENTS

In accordance with New York City law, employees based in Mizuho’s New York City office are required to be fully vaccinated against COVID-19 to work on-site (unless a legally-required accommodation has been approved). Mizuho has in place a pilot remote 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 Americas is a leading financial institution comprising several legal entities, which together offer clients corporate and investment banking, financing, securities, treasury services, asset management, research and more. Mizuho’s operations in the Americas connect a broad client base of major corporations, financial institutions and public sector groups to local markets and a vast global network. Mizuho Americas is an integral part of the Japan-based Mizuho Financial Group, Inc. (NYSE: MFG), which is comprised of offices in nearly 40 countries, approximately 60,000 employees, and assets of more than USD 1.8 trillion. Learn more at mizuhoamericas.com.

Mizuho Bank Ltd. 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.

We are a leading global bank, with one of the largest customer bases in Japan, and a global network of financial and business centers. We continue to pride ourselves on our "customer first" principle as a centerpiece in servicing both our individual and corporate customers, with the goal of becoming their most trusted bank.