Market Risk Manager

3 weeks ago


New York, New York, United States Mizuho Financial Full time

Job Summary

Mizuho Financial is seeking a skilled Market Risk Manager to join its team. As a key member of the risk management group, you will be responsible for performing daily Market Risk management duties for the Securitized Products (Agency and Non-Agency), Corporate Bonds, and Municipal Products trading desks.

Key Responsibilities

  • Explain and quantify risk metrics, including changes in daily VaR, SVaR, as well as changes in risk sensitivities.
  • Provide periodic and ad hoc analysis related to positions, risk factors, stress scenarios, and P&L.
  • Work closely with traders to address limits usages, as well as risk appetite issues requiring limit extensions.
  • Produce commentary detailing market trends, portfolio changes, trading/hedging strategies for senior management, regulators, and auditors.
  • Work on projects to ensure market risk system functionality in support of new products.

Requirements

  • 5+ years of experience in market risk management required.
  • Direct experience with Spread Products market risk is preferred.
  • Knowledge of Agency MBS/CMO/CMBS, Non-Agency ABS/CLO/CMBS/RMBS, Corporate Credit, Municipal Products.
  • Master's degree in a quantitative field.
  • Strong attention to detail, self-learner, can develop creative solutions to new problems.

About Mizuho Financial

Mizuho Financial Group, Inc. is the 15th largest bank in the world as measured by total assets of ~$2 trillion. With 60,000 employees worldwide, Mizuho offers 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.

We are an EEO/AA Employer - M/F/Disability/Veteran. We maintain a drug-free workplace and reserve the right to require pre- and post-hire drug testing as permitted by applicable law.


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