General Department Description

The Financial Resource Management Unit (FRM) is responsible for estimating, reporting and managing capital and other financial indicators across Mizuho Americas.

Summary

FRM seeks a quantitatively oriented individual for the position of Assistant Vice President / VP. You will serve as a subject matter expert supporting. projects in numerous areas including:

• Developing and enhancing income statement and balance forecast models;
  
• Liaising with banking and trading counterparts to manage and access the modeling data infrastructure;
  
• Preparing high quality/robust model documentation and interfacing with Model Validation; and
  
• General tasks associated with managing the bank's capital position.

• Develop and implement robust PPNR models, including revenue forecasting and risk assessment for banking and trading operations.
  
• Analyze and understand the revenue-generating activities of trading and banking businesses, including interest income, fee income, and trading gains.
  
• Identify and quantify risks associated with revenue generation, including market risk, credit risk, operational risk, and liquidity risk.
  
• Conduct model validation and performance monitoring to ensure accuracy and compliance with regulatory standards.
  
• Stay current with industry trends, regulatory changes, and best practices in model development and risk management.
  
• Participate in development, maintenance, and documentation of finance models via OLS regression and A(R) approaches in accordance with Federal Reserve SR 11-7 requirements.
  
• Evaluate data to identify necessary adjustments and work closely with business users to create robust forecasting models and historical analyses.
  
• Manage projects and deepen relationships with internal and external counterparties to enhance institutional knowledge to support the forecasting/capital management processes.
  
• Ad hoc analyses to solve new problems which may require iterative analyses and dealing with potential uncertainty.
  

• 5-7 years of relevant work experience in the financial services industry.
  
• Significant knowledge and experience with statistical software (E.g. Python, SAS, etc.) as well as Microsoft Excel in a business environment.
  
• A high level of flexibility and dedication to collaborating on team goals in an environment with potential changing conditions, and deadlines.
  
• Robust understanding of statistical concepts, regression-based forecasting models and time series analysis.
  
• Ability to effectively analyze large data sets and identify patterns and insights.
  
• Strong understanding of banking and trading revenue streams, including the ability to analyze complex financial products.
  
• Familiarity with risk management principles and practices in financial institutions.
  
• Good communication skills (presentation and written) with an ability to explain underlying drivers and key takeaways from modeled data outputs to technical and non-technical audiences.
  
• Knowledge of relevant regulatory requirements (e.g., Basel III, Dodd-Frank, SR 11-7) is a plus.
  
• Candidates with a Bachelor's degree in areas such as Statistics, Financial Engineering, Econometrics, Mathematics, Finance, Engineering or other advanced quantitative field. Masters a plus.
  
• Eligible to work in the U.S. without sponsorship.