Europe Treasury Department - ALM Planning - Vice President (Japanese Speaking)

Mizuho International; London; Hybrid; GBP 85,000 - 120,000; Full time

Job summary

A leading financial institution in London is seeking a Vice President for their Europe Treasury Department. This role involves active risk management for the ETD business, including tool maintenance and P&L analysis. Candidates should possess a degree in a numerate discipline and have experience as a risk quant in banking. Mizuho offers a competitive salary, discretionary bonus, and extensive benefits including hybrid working opportunities.

Benefits

Competitive starting salary

Non-contributory pension

27 days' annual leave

Virtual GP

Wellbeing benefits

Qualifications

• Graduate in a numerate discipline or equivalent experience required.
• Strong understanding of pricing Interest Rate and Credit Products.
• Experience working as a risk quant focused on methodology development.

Responsibilities

• Maintain and develop ALM desk tools to support business.
• Produce accurate and timely liquidity and interest rate risk reporting.
• Liaise with staff across different departments including Risk and Compliance.

Skills

Numerical and analytical skills

Excellent communication skills

Organisational skills

Flexibility and agility

Education

Graduate in a numerate discipline

Tools

Risk management tools

Job description

Europe Treasury Department - ALM Planning - Vice President (Japanese Speaking)

Who are we?

We are not your typical financial institution. It's our people who make us a cut above. Here, every person is respected because of their differences, not in spite of them.

We pride ourselves on a culture of purpose, passion and compassion. At Mizuho, we provide the stability of an international industry leader with the career trajectory of a growing business. Our steady, strategic growth gives our people at all levels rewarding degrees of responsibility and a richer work experience than a boutique firm or an established giant could offer alone.

Working for Mizuho opens doors not just to a rewarding career with excellent prospects, but to lasting friendships with colleagues from diverse cultures. It's the local expertise of our employees that makes our global network so powerful. By collaborating with colleagues and clients who have your same ambition, you can amplify your sphere of influence and base of knowledge as part of one of the largest-and growing-banks in the world.

What is the opportunity?

Active Risk Management for front office in ETD business

To support the ETD business
• Maintenance and development of ALM desk tools
• Help the ALM team track, attribute and analyse its P&L effectively
• Help the ALM team manage its interest rate and liquidity risk effectively
• Play an active part in guiding the ETD's system architecture to the desired end state

What will you be doing?
• Maintenance of existing ALM desk tools and produce effective desk tools to support the business development of the ALM desk, this includes the ability to develop necessary tools independently or provide appropriate instructions to development teams
• Produce accurate, granular and timely liquidity and interest rate risk reporting
• Produce accurate, granular and timely P&L reporting based on the team's responsibilities
• Take an active part in the system enhancement projects for ETD, coordinating effectively with ALM management
• Effectively liaise with local and HO staff as required, including other businesses within the Mizuho Financial Group, Middle and Back Offices, Finance, Risk, Compliance and Audit
• Analyse operational risk and work effectiveness and plan system and workflow improvements to reduce costs and risk and increase productivity and profitability
• Work at all times within Mizuho's internal policies and procedures and relevant regulatory requirements

What do you need to succeed?

• Graduate in a numerate discipline or equivalent experience with strong numerical and analytical skills
• Experience of working as a risk quant at a bank focused on methodology development and strategic risk projects
• Good understanding of pricing Interest Rate and Credit Products: Bonds (including Inflation Bonds, Callable and Convertible bonds), Securitised Products like CLOs, Interest Rate Futures, Interest Rate Swaps, Inflation Swaps, Swaps, XCcy Swaps, CDS, CDS Indices, Swaptions etc.
• Strong understanding of:
  • Market Risk calculation methodologies for VaR, Stressed VaR, Risk Not in VaR, Specific Risk etc and new market risk capital regulations like FRTB.
  • Counterparty Risk Calculation Methodologies for PFE, EPE, EAD etc.
• Flexibility and agility to contribute to a broad range of banking risk engagements.
• Strong organisational skills and the ability to multi-task effectively, with a practical solutions-driven approach
• Excellent communication skills both written and oral. Collaborative nature to contribute to a successful team performance.

What Mizuho can offer you

Here at Mizuho, there are fantastic progression opportunities and clear paths to promotion. We will give you ample opportunity to affect change and to help grow our business.

In addition to the great opportunity outlined above we are also currently able to offer:

• Competitive starting salary, plus discretionary bonus
• Non-contributory pension
• 27 days' annual leave
• Core working hours*
• Hybrid working - office and home based*
• Virtual GP
• Wellbeing benefits, including Mental Health Allies and First Aiders

*For applicable roles only

At Mizuho, we embrace flexible ways of working when the role permits. We offer different working arrangements like part-time, job-sharing and hybrid (office and home) working. Our purpose-led culture and global infrastructure help us connect, collaborate, and work together in agile ways to meet all our business needs.

At Mizuho we are committed to supporting equality, diversity and equality, and seek to create a workplace that is fully inclusive. We welcome applications from all sections of the community that we operate in and from all ethnic backgrounds, sexual orientation, beliefs, gender identities and disabilities

If you require more information about our equal opportunities policy or wish to discuss any accessibility requirements or reasonable adjustments please contact the recruitment team - [e-mail] and we will be happy to help.

• A competitive and comprehensive benefits package
• A competitive and comprehensive benefits package