Vice President - Market Risk, Spread Products

Summary

Risk Manager responsible for monitoring Market Risk for Spread Products areas. Key tasks include: implementing limits framework and managing desks' daily compliance with the limits, interpretation and challenge of risk trends (VaR, risk sensitivities, stress testing, etc.); decision making around trade reviews, risk assessments and pre-approvals; monitoring of market conditions, interpretation of trading patterns and exposure trends; managing deployment of new products, enforcing policies and methodologies, improving reports, models and risk analytics across covered products.

Responsibilities

• Perform Market Risk monitoring, analysis, and reporting.
• Strengthening risk controls, enforcing business policies, procedures, methodologies and trading mandates.
• Cover all Non-Agency Securitized Products desks (ABS/CLO/RMBS/CMBS), and with time expanding as a back-up for other Spread Products areas.
• Interpreting in-depth market surveillance in the context of portfolio dynamics for senior management.
• Leading internal projects to ensure market risk systems improvements in support of existing and new products.

Qualifications

• 5-7+ years of experience in market risk management required.
• 3-5+ years of direct experience with Non-Agency Securitized Products market risk is required.
• Master's degree in a quantitative field is a plus.
• Excellent quantitative, analytical and communication skills.
• Bloomberg, Intex, PolyPaths, Murex, SQL, Python, AI tools proficiency is a plus.
• Proficiency with FRTB is a plus.
• Ability to work under pressure with tight deadlines in a trading desk environment.

Pay and benefits

The expected base salary ranges from $152,500 - $185,000. 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, including Medical, Dental and 401K plans, successful candidates are also eligible to receive a discretionary bonus.

#LI-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.