AVP - Collateral Management

Mizuho; United States; Hybrid; USD 82,000 - 115,000; Full time

Benefits offered by this job

Medical

Dental

401K plans

discretionary bonus

Job summary

Mizuho is seeking a collateral management professional in the United States to oversee margin calls, collateral movements, and substitutions across entities, ensuring accuracy and regulatory compliance.

You will review and authorize margin bookings, investigate disputes, and collaborate with Treasury, Repo, XVA & Trading Desks to optimize collateral usage. Hybrid work options are available.

Qualifications

• 3-5 years of collateral management experience.
• Bachelor's degree in Finance, Business Administration or a related discipline preferred.
• Strong working knowledge of bilateral and cleared OTC margin processes, including experience with Acadia Margin Manager and Triresolve.
• Familiarity with collateral-management systems required, with experience using Colline is preferred.
• Working knowledge of segregated collateral structures and processes, including initial margin exchange for UMR-in-scope counterparties and 40 Act segregation requirements for applicable funds.
• Understanding of collateral related documentation, CSA, MSFTA, GMRA etc.

Responsibilities

• Process and manage margin calls, collateral movements, and substitutions across multiple entities in accordance with governing legal agreements and internal procedures, ensuring accuracy, timeliness and compliance with regulatory and control standards
• Review margin calls bookings for accuracy and completeness when authorizing the margin in internal systems and external platforms
• Review and investigate margin disputes, ensuring accurate, well-documented commentary on breaks and underlying drivers, with notes captured and maintained within the collateral system
• Regular communication with Treasury, Repo, XVA & Trading Desks, to ensure collateral posted is aligned with their optimization objectives
• Investigate and manage cash and non-cash collateral settlement fails, ensuring accurate resolutions and adherence to internal controls
• To actively participate in both the development and delivering of comprehensive solutions to support new business initiatives
• Performing and reviewing daily reconciliations that serve as key controls to our margin process and to actively assist management with the design of the Collateral Management control set.

Skills

Collateral management

Regulatory compliance

Education

Bachelor's degree in Finance, Business Administration or related discipline

Tools

Acadia Margin Manager

Triresolve

Colline

Job description

Key Responsibilities

• Process and manage margin calls, collateral movements, and substitutions across multiple entities in accordance with governing legal agreements and internal procedures, ensuring accuracy, timeliness and compliance with regulatory and control standards
• Review margin calls bookings for accuracy and completeness when authorizing the margin in internal systems and external platforms
• Review and investigate margin disputes, ensuring accurate, well-documented commentary on breaks and underlying drivers, with notes captured and maintained within the collateral system
• Regular communication with Treasury, Repo, XVA & Trading Desks, to ensure collateral posted is aligned with their optimization objectives
• Investigate and manage cash and non-cash collateral settlement fails, ensuring accurate resolutions and adherence to internal controls
• To actively participate in both the development and delivering of comprehensive solutions to support new business initiatives
• Performing and reviewing daily reconciliations that serve as key controls to our margin process and to actively assist management with the design of the Collateral Management control set.

Qualifications

• 3-5 years of collateral management experience.
• Bachelor's degree in Finance, Business Administration or a related discipline preferred.
• Strong working knowledge of bilateral and cleared OTC margin processes, including experience with Acadia Margin Manager and Triresolve.
• Familiarity with collateral-management systems required, with experience using Colline is preferred.
• Working knowledge of segregated collateral structures and processes, including initial margin exchange for UMR-in-scope counterparties and 40 Act segregation requirements for applicable funds.
• Understanding of collateral related documentation, CSA, MSFTA, GMRA etc.

#LI-Hybrid

The expected base salary ranges from $82,000 - $115,000. 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.

Benefits

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.

• Medical
• Dental
• 401K plans
• discretionary bonus

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.

#LI-MIZUHO Why Mizuho Mizuho is in growth mode as we are climbing the league tables, disrupting the status quo, and attracting top talent. Positions are available across our corporate functions, and on our corporate and investment banking, capital markets, advisory, research, sales & trading, derivatives, and financing teams. We are looking for candidates who want to contribute to our entrepreneurial culture where people at all levels are inspired to share ideas. Our creativity sets us apart, and our perseverance drives results in creating bespoke, client-focused solutions. If you are interested in advancing your career working for a firm with a growth mindset and the resources of a global financial services team, we would like to hear from you. For more information, please view our Recruiting Brochure