Mizuho Bank, Ltd.
Assistant Vice President – Collateral Management
Key Responsibilities:
You will process margin calls and provide oversight and supervision of the daily margin process across different entities, ensuring adherence with relevant regulatory requirements and contractual obligations outlined in legal agreements
Review margin calls bookings for accuracy and completeness when authorizing the margin in internal systems and external platforms
Regular communication with Treasury, Repo, XVA & Trading Desks, and Head Office (Tokyo) to ensure collateral posted in aligned with their optimization objectives
Formal escalations of margin call disputes
Responsible for the management and resolution of cash and non-cash collateral fails
To actively participate in both the development and delivering of comprehensive solutions to support new business initiatives, which include writing complete and detailed business requirement documents, the creation and execution of test scripts, managing the user acceptance testing process to ensure alignment with business goals and objectives
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.
Other duties as assigned
Qualifications:
5-10 years of collateral management experience.
Bachelor’s degree in Finance, Business Administration or a related discipline preferred
Familiarity with industry utilities (Acadia Margin Manager, Triresolve)
Understanding of collateral related documentation, CSA, MSFTA, GMRA etc
Knowledge of bilateral and cleared OTC margin processes
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. 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.
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You will process margin calls and provide oversight and supervision of the daily margin process across different entities, ensuring adherence with relevant regulatory requirements and contractual obligations outlined in legal agreements
Review margin calls bookings for accuracy and completeness when authorizing the margin in internal systems and external platforms
Regular communication with Treasury, Repo, XVA & Trading Desks, and Head Office (Tokyo) to ensure collateral posted in aligned with their optimization objectives
Formal escalations of margin call disputes
Responsible for the management and resolution of cash and non-cash collateral fails
To actively participate in both the development and delivering of comprehensive solutions to support new business initiatives, which include writing complete and detailed business requirement documents, the creation and execution of test scripts, managing the user acceptance testing process to ensure alignment with business goals and objectives
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.
Other duties as assigned
Qualifications:
5-10 years of collateral management experience.
Bachelor’s degree in Finance, Business Administration or a related discipline preferred
Familiarity with industry utilities (Acadia Margin Manager, Triresolve)
Understanding of collateral related documentation, CSA, MSFTA, GMRA etc
Knowledge of bilateral and cleared OTC margin processes
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. 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.
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