Vice President – Market Risk, Spread Products

Mizuho • New York, NY

1d • Hybrid

About The Position

Summary Risk Manager responsible for overseeing Market Risk for Spread Products areas. Some of the key tasks include: working with trading desks to comply with risk framework/limits, understand and explain changes in risk (VaR, risk sensitivities, stress testing results, etc.); trade reviews, risk assessments and pre-approvals, analysis of market conditions, trading patterns and exposure trends; working with various functions to deploy new products and review policies and methodologies, improve reporting, models and risk analytics across covered products.

Requirements

• 5+ years of experience in market risk management required.
• Direct experience with Spread Products market risk is required.
• Demonstrable quantitative, analytical and communication skills.
• Strong attention to detail, self-learner, can develop creative solutions to new problems.
• Ability to work under pressure with tight time schedules in a trading desk environment.

Nice To Haves

• Master’s degree in a quantitative field is preferred.

Responsibilities

• Market Risk monitoring, analysis, and reporting.
• Maintain and develop strong controls around risk exposures in compliance with business policies and procedures, methodologies and trading mandates.
• Work closely with traders covering Agency (MBS/TBAs/CMOs) and Non-Agency Securitized Products (ABS/CLO/RMBS/CMBS), Corporate Credit (IG/HY/EM Bonds/Lev Loans/CDS/CDX) and Municipal Products to ensure compliance with limits and risk appetite.
• Produce market commentaries and analysis of portfolio changes for senior management, regulators, and auditors.
• Work on projects to ensure market risk systems improvements in support of new products.

Benefits

• In addition to salary and a generous employee benefits package, including Medical, Dental and 401K plans, successful candidates are also eligible to receive a discretionary bonus.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees