Summary

Quantitative market risk analytics specialist responsible for developing methodologies and managing analytics for risk models including value-at-risk, stress, and capital models.Candidate will join the Risk Analytics group that partakes in model development over the full life-cycle of modes: from methodology to design to local implementation and validation. The successful candidate will also provide analysis and feedback on changes to or introduction of new models at the firm. More specifically the Associate will support risk analytics initiatives and development relating to a wide spectrum of businesses, including Interest Rates, FX, Equities, XVA, Banking, and Securitized Products.

Responsibilities

• Execute functional testing to verify correct implementation of risk models, including replication and benchmarking

• Develop, test, implement and document risk analytics for new products

• Support the enhancement of infrastructure to implement new risk analytics models including controls to monitor their performance

• Perform quantitative research to implement model changes, enhancements and remediation plans

• Work with stakeholders across business and functional teams during model development process

• Create tools and dashboards which can enhance and improve the risk analysis.

• Conduct analysis on existing model short-comings and design remediation plans

• Maintain, update, improve and back-test risk models

• Analysis of historical time series data

• Identify risk not captured by analytics, develop and implement methodology to quantify the materiality, and design strategic plan to better integrate and manage such risk

Qualifications

• Masters Degree in a quantitative field preferred

• Understanding of Value-at-Risk and counterparty exposure models preferred

• Knowledge of pricing and risk models for financial derivatives

• Strong analytical skills required to understand quantitative models

• Strong project, management and organizational skills

• Strong writing and presentation skills

• Proficient programming skills in python and database expertise

• Ability to manage and analyze large data sets

The expected base salary ranges from $80,000 - $120,000. 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 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 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.

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.