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.
You will report to the head of Mizuho Americas Market and Liquidity Risk Management, a 2nd Line of Defense (2LOD) function reporting to the US CRO. You will maintain a suite of reporting tools to monitor overall liquidity risk. You will also act as liquidity risk liaison with 1st Line of Defense (1LOD) front office functions and Tokyo Head Office Risk Management and should be comfortable with interacting with senior management across various legal entities, business lines, and functions.
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Responsibilities
- Consolidate internal liquidity stress testing for material US entities, while understanding key drivers.
- 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.
- Manage staff of two on daily reporting analysis and monitoring.
- Understand 1LOD owned liquidity risk models and assumptions, including the implementation of enhancements as needed to address changing regulatory or market environments.
- Assess liquidity impacts of prospective products and businesses as part of the New Product Approval Process.
- Serve as liquidity lead in responding to various regulator and audit requests.
- Liaise with senior management in the US and Head Office (HO) in Japan on Liquidity Risk matters.
- Update liquidity risk policies, standards, and procedures periodically and as needed.
- Take the lead on projects related to systems transformation and new reporting developments.
- Understand the Mizuho application of the FR2052a reporting process.
Qualifications
- 8 to 10 years in an analytical role in a Treasury department or 2LOD 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.
- Ability to prioritize tasks and manage staff to optimize workflow.
- 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.
- Familiarity with financial statement analysis of banks and financial institutions.
- Bachelor's degree required; finance or accounting degree preferred.
The expected base salary ranges from $170,000 - $235,000. 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. Roles in some of our departments have greater in-office requirements that will be communicated to you as part of the recruitment process .
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 reserve the right to require pre- and post-hire drug testing as permitted by applicable law.
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