Risk Tech Analyst

Mizuho; New York (NY); Hybrid; USD 70,000 - 100,000; Full time

Benefits offered by this job

Generous employee benefits package

Discretionary bonus

Job summary

Mizuho is looking for a Risk Tech Analyst in New York, NY. The role involves supporting Quants and Risk models validation efforts, with significant responsibilities in data quality assessment and automation.
The ideal candidate should have at least 3 years' experience in derivatives analytics and a solid understanding of Market Risk practices. Strong skills in SQL and Python are essential for success in this position.

In addition to a competitive salary ranging from $70k to $100k, Mizuho offers a generous employee benefits package and a hybrid working program.

Qualifications

• 3+ years of experience supporting Derivatives line of business or Market Risk implementation.
• Familiarity with core calculation modules in derivatives analytics.
• Ability to multitask and assess priority effectively.

Responsibilities

• Assist teams in generating data for validation efforts.
• Troubleshoot data quality issues and validate settings.
• Support evolution of data automation and product implementation.

Skills

Derivatives analytics

Market Risk practices

SQL

Python

Effective communication

Analytical skills

Tools

Murex 3.1

ANT scripting

JSON format

Job description

Overview

Join Mizuho as a Risk Tech Analyst! In this role, you will be part of the NPE (New product Enablement) team whose purpose is to support Quants and Risk models validation efforts. The ideal candidate will specifically help generate and assess the calculated data quality, which is a critical function to ensure a rapid time to market of new products.

Responsibilities

• Assist Quants, Risk Analytics and Market Risk teams in generating the numbers out of the Murex & Calculation engine platforms (SIMM crif files, PL Vectors for VaR, Backtesting, DRC, FRTB SA).
• Troubleshoot issues related to generated data quality, validate required static / market data /scenarios and other valuation settings.
• Rerun as needed data/files depending on various data requests from Risk Analytics/Quants users to provide end to end support on Risk framework.

Business Solution Evolution

• Configure Murex environments, working with FO-IT & RISK-IT, to enable requested calculations.
• Support the evolution of the automation of the data generation by giving continuous feedback to the Market Risk development team managing the local calculation platforms (Murex, Polypath, BER).
• Support the implementation of new products/models within the Murex and Polypath Calculation platforms & other in-house applications used at Mizuho.
• Support mapping configurations and data preparation required for integration with the Global Risk platform – Matsuri.
• Escalate problems proactively and ensure all stakeholders are kept aware of issues and their development.
• Develop test plans for enhancements & new products initiated by Front office, or Risk and requiring analytics documentation/validation.
• Create and maintain a knowledge base, support scripts, documentation and procedures.
• Collaborate with different IT teams to support multi-platforms’ integration and risk data generation effort.

Qualifications

• At least 3+ years of experience supporting a Derivatives line of business (IRD, FXO, EQD) or a Market Risk cross Asset or cross-platform implementation, preferably using Murex 3.1.
• Working knowledge in derivatives analytics allowing to engage with Risk Managers.
• Working knowledge of Market Risk practices (stress testing, VaR, FRTB, Time Series and valuation).
• Familiarity with core calculation modules (Pricing/Position management/risk management).
• Usage of SQL, experience in Python, ANT scripting, JSON format.
• Ability to multitask several ongoing issues & assess priority.
• Effective interpersonal skills and relationship-building skills.
• Strong written and verbal communication skills.
• Strong analytical and problem-solving abilities with keen attention to detail.
• Self-motivated and directed, with the ability to effectively prioritize and execute tasks in a high-pressure environment.

The expected base salary ranges from $70k-$100k. 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.