Futures Clearing - Operations- VP/Director

Mizuho Financial Group Inc.; Chicago (IL); Hybrid; USD 100,000 - 175,000; Full time

Benefits offered by this job

Hybrid working program

Job summary

Mizuho Financial Group, Inc. is seeking an experienced clearing professional in the United States.

The role emphasizes ensuring accurate trade clearance, allocation, and booking on trade date, with close liaison to exchanges, brokers, and clients to resolve issues promptly. Candidates should have 5–10 years of relevant experience, strong proficiency in Excel/Word/Outlook, and hands-on familiarity with GMI, LISA, and DUCO.

Qualifications

• 5-10 years of relevant experience including working knowledge of GMI, LISA & DUCO
• Firm understanding of Futures & Options trade life cycle and expertise in break resolution
• Proficiency in Excel, Word, and Outlook

Responsibilities

• Ensure all trades are cleared, allocated and booked correctly in client accounts on trade date
• Liaise with Exchanges, clearing brokers and clients on trade issues & ensure prompt resolution
• Master firms’ back-office systems and middleware viz GMI, LISA, DUCO, RPA etc.
• Assist Clearing manager to lead and manage projects, drive automation and streamline Clearing processes
• Provide guidance and assistance to team members to resolve issues requiring in-depth process understanding
• Keep abreast of industry and regulatory developments and respond to Exchanges and Auditors
• Collaborate with Operations, Front Office, Compliance and Risk teams
• Cover 12–8 pm shift to support end-of-day processing
• Flexible to work on US Holidays on rotation basis

Skills

Management skills

Excel

Word

Outlook

Attention to detail

Team player

Communication skills

Time management

Growth mindset

Tools

GMI

LISA

DUCO

Job description

Responsibilities

Ensure all trades are cleared, allocated and booked correctly in client account on trade date

• Liaise with Exchanges, carry brokers and clients on trade issues & ensure prompt resolution
• Master firms’ back-office systems and middleware viz GMI, LISA, DUCO, RPA etc.
• Assist Clearing manager to lead and manage projects, drive automation and streamline Clearing processes including new business initiatives on top of daily operational activities
• Provide guidance and assistance to team members and help them resolve issues which require clear and in depth understanding of the process
• Keeps abreast of the latest industry and regulatory developments including prompt replies to Exchange, Regulators and Auditors.
• Work closely with Operations team & other Departments viz Front Office, Compliance, Risk etc.
• Cover 12 – 8 pm shift to ensure seamless end of day processing
• Flexible to work on US Holiday on rotational basis

Qualifications/Skills

5-10 years of relevant experience including working knowledge of GMI, LISA & DUCO Firm understanding of Futures & Options trade life cycle and expertise in break resolution

• Well-developed management skills and relevant experience managing operational functions
• Proficiency in Excel, Word, and Outlook
• Excellent follow-through and attention to detail.
• Dynamic & proactive team player with the ability to identify process inefficiencies to improve capacity, efficiency, and control.
• Self-starter with a proven ability to take initiative.
• Team-oriented with strong integrity and professionalism.
• Proper escalation of issues.
• Strong time management skills are required to meet time critical deadlines and priorities.
• Effective verbal and written communication skills; notably the ability to clearly articulate issues and influence resolution.
• Have a growth mindset

Salary

The expected base salary ranges from $100,000- $175,000 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.

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.

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.