Derivatives Ops

Mizuho Financial group • New York, NY

60d • $100,000 - $150,000 • Hybrid

About The Position

This position is within the MUSO Derivative Operations function as a member of the OTC Portfolio Management and Confirmations (PMC)team. The PMC team is responsible for issuance and review of all OTC derivative confirmations which include Equity, Rates, FX and Credit asset class activities.

Requirements

• BA/BS in Finance or Accounting.
• 5+ years of relevant experience within financial services including management exposure.
• Strong knowledge of the ISDA Definitions as required for transactional deal confirmation.
• Ability to identify, assess, and mitigate operational risks.
• Demonstrated leadership and talent development skills.
• Ability to effectively communicate to senior stakeholders at the firm, both written and verbal.
• Organizational skill with ability to support numerous competing tasks.

Responsibilities

• Lead the Vanilla Confirmations team, overseeing the daily trade validation and confirmation workflow including tracking progress and swiftly addressing any identified exceptions; issuance of vanilla rates and FX paper confirmations and monitoring of all electronic fx matching activities including CLS.
• Possess a strong working knowledge of the industry utilities used for post-trade matching, confirmation, and allocation across derivative asset classes.
• As an operations manager provide guidance and support to junior staff in preparing, monitoring, and reviewing confirmations, and professional development.
• Oversee the review and verification of inbound documentation for all derivative products to ensure accuracy and completeness.
• Serve as a key point of contact for the Derivatives Confirmation team, liaising with clients and internal stakeholders across the firm including Front Office, Legal, Audit and Finance.
• As part of the PMC team participate to ensure all daily and periodic processes relevant to PMC are completed in a timely manner.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Credit Intermediation and Related Activities
• Number of Employees: 5,001-10,000 employees