Margin Call Operations Clerk, Futures Operations

Mizuho Financial Group Inc.; Chicago (IL); On-site; USD 100,000 - 160,000; Full time

Benefits offered by this job

Discretionary bonus

Hybrid work arrangement

Overnight coverage

Job summary

Mizuho Financial Group, Inc. is seeking a Margin Call Operations Clerk to support daily Futures margin activity with emphasis on accuracy, controls, and audit readiness. The role includes overnight backup coverage from 3:00 a.m. to 11:00 a.m.

and a hybrid work arrangement. You will apply regulatory and client requirements for margin and collateral, perform quality control, and maintain audit evidence while escalating issues as needed. Strong communication and analytical skills are essential.

Qualifications

• 4–10+ years in margin, clearing, or related futures operations at an FCM, broker‑dealer, exchange, or clearinghouse preferred.
• Strong knowledge of margin methodologies, exchange margin tools, initial/variation margin, intraday calls, and collateral management.
• Strong understanding of futures products, margin requirements, client balances, and related workflows.
• Working knowledge of regulatory requirements, internal controls, audit readiness, and manual updates.
• Sharp, decisive, and detail‑oriented in high‑pressure overnight situations.
• Aptitude for automation, process improvement, and efficiency while maintaining controls.

Responsibilities

• Support daily margin call review, issuance, follow-up, escalation, and resolution within required deadlines.
• Apply regulatory, exchange, internal control, and client requirements related to margin and collateral.
• Perform quality control, document exceptions/manual updates, maintain audit evidence, and elevate issues appropriately.
• Support collateral funding, client balances, and time-sensitive issue resolution with internal teams and clients.
• Identify automation and process‑improvement opportunities to improve efficiency and reduce operational risk.
• Support CSG tasks, including portal setup, statement inquiries, and other assigned duties.
• Provide overnight backup coverage from 3:00 a.m. to 11:00 a.m. as needed.

Skills

Margin knowledge

Audit readiness

Overnight support

Analytical skills

Communication skills

Tools

GMI knowledge

Futures platforms

Job description

Summary

The Margin Call Operations Clerk supports daily Futures Operations client margin activity with focus on accuracy, regulatory/internal controls, audit readiness, and process improvement. The role requires sound judgment and flexibility to support overnight backup coverage from 3:00 a.m. to 11:00 a.m. as needed.

Major Responsibilities

• Support daily margin call review, issuance, follow-up, escalation, and resolution within required deadlines.
• Apply regulatory, exchange, internal control, and client requirements related to margin and collateral.
• Perform quality control, document exceptions/manual updates, maintain audit evidence, and elevate issues appropriately.
• Support collateral funding, client balances, and time-sensitive issue resolution with internal teams and clients.
• Identify automation and process‑improvement opportunities to improve efficiency and reduce operational risk.
• Support CSG tasks, including portal setup, statement inquiries, and other assigned duties.
• Provide overnight backup coverage from 3:00 a.m. to 11:00 a.m. as needed.

Qualifications/Skills

• 4–10+ years in margin, clearing, or related futures operations at an FCM, broker‑dealer, exchange, or clearinghouse preferred.
• Strong knowledge of margin methodologies, exchange margin tools, initial/variation margin, intraday calls, and collateral management.
• Strong understanding of futures products, margin requirements, client balances, and related workflows.
• Working knowledge of regulatory requirements, internal controls, audit readiness, and manual updates.
• Sharp, decisive, and detail‑oriented in high‑pressure overnight situations.
• Aptitude for automation, process improvement, and efficiency while maintaining controls.
• Strong communication, analytical, organizational, and problem‑solving skills.
• Self‑starter with ownership, judgment, integrity, professionalism, teamwork, flexibility, and dependability.
• Comfort working overnight/non‑standard hours, including 3:00 a.m. to 11:00 a.m. coverage and U.S. holidays as needed.
• General knowledge to assist with client statement inquiries, including fees, commissions, balances, and account activity.
• Strong GMI knowledge preferred; similar Futures operations platforms beneficia

Expected Base Salary

The expected base salary ranges from $100,000 - $160,000. 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. #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

Positions are available across our corporate functions, and on our corporate and investment banking, capital markets, advisory, research, sales & trading, derivatives, and financing teams.

Company Culture

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.

Further Information

For more information, please view our Recruiting Brochure