Liquidity Risk AVP

Mizuho Financial Group New York , NY 10007

Posted 2 months ago

SUMMARY:

The Liquidity Risk Management function of Mizuho Americas is responsible for reporting on liquidity and funding risks that affect the entities within the US Operations of Mizuho Financial Group, as well as ensuring compliance with Enhanced Prudential Standards (EPS) liquidity requirements for Foreign Bank Organizations (FBOs). The scope includes the US Branches of Mizuho Bank, Ltd (MHBK), as well as the Mizuho Americas LLC bank holding company (MHA), which houses the non-branch subsidiaries.

The candidate will become a core member of the Mizuho Americas Liquidity Risk Management team and will conduct liquidity risk analysis, as well as update policies, procedures, and other tools to monitor liquidity risk. The candidate should be comfortable with interacting with senior management across various legal entities, business lines, and functions.

RESPONSIBILITIES:

  • Compile a suite of daily and monthly liquidity risk related reports for the US Operations, with a key focus on the MHBK NY Branch and MHBK(USA) subsidiary.

  • Monitor liquidity risk and ensure adherence to the liquidity reporting framework by measuring daily activity versus established liquidity risk limits. Scope includes Liquidity Stress Testing and monitoring of Funding Concentrations and Early Warning Indicators.

  • Consolidate the liquidity risk reporting of each subsidiary and branch into cohesive MI packages for senior management, including consolidating presentations for a biweekly Liquidity Risk Working Group, a monthly US Financial Risk Committee, and a quarterly Board Risk Committee.

  • Liaise with groups such as Audit, Data Management, Finance, Treasury, and I.T. to ensure end-to-end completeness as it relates to Liquidity Risk reporting.

  • Assist with other team initiatives such as automation/enhancement of current reporting suite, refresh of Liquidity Stress Testing assumptions, etc.

  • Respond to ad hoc liquidity reporting requests posed by senior management in the US and Head Office (HO) in Japan

  • Update liquidity risk policies and procedures periodically and as needed

QUALIFICATIONS:

  • 3 to 5 years working in an analytical role for a diversified financial institution; experience in a Treasury department or Liquidity Risk function would be ideal.

  • High comfort level with working with data and spreadsheets (e.g. pivot tables and vlookups); experience with VBA and macros also beneficial

  • Ability to quickly absorb financial concepts and apply them to real world situations

  • Good communication skills, both written and oral

  • Familiarity with BIS and US liquidity risk concepts including:

  • Regulation YY - Enhanced Prudential Standards for Foreign Banking

  • Liquidity Coverage Ratio (LCR) and Net Stable Funding Ratio (NSFR)

  • Ability to quickly absorb financial concepts and apply them to real world situations

  • Familiarity with financial statement analysis of banks

  • High degree of flexibility and adaptability

  • Bachelor's degree required; finance or accounting degree preferred. Must be eligible to work in the US (no visa sponsorship)

Company Overview

Mizuho Americas is a leading financial institution comprising several legal entities, which together offer clients corporate and investment banking, financing, securities, treasury services, asset management, research and more. Mizuho's operations in the Americas connect a broad client base of major corporations, financial institutions and public sector groups to local markets and a vast global network. Mizuho Americas is an integral part of the Japan-based Mizuho Financial Group, Inc. (NYSE: MFG), which is comprised of offices in nearly 40 countries, approximately 60,000 employees, and assets of more than USD 1.8 trillion. Learn more at mizuhoamericas.com.

Mizuho Bank Ltd. 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 perform pre-employment substance abuse testing.

#LI-MIZUHO


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Liquidity Risk AVP

Mizuho Financial Group