What are the responsibilities and job description for the AVP Operations - Settlement Services position at Mizuho?
Key Responsibilities
Ensure the timely settlement of all Federal Reserve-eligible securities through the BNY Mellon clearance platform.
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.
Ensure the timely settlement of all Federal Reserve-eligible securities through the BNY Mellon clearance platform.
- Monitor and reconcile securities and cash positions, investigating and resolving any exceptions or discrepancies.
- Track and report TMPG-eligible fails and assist in the management and remediation of fail exposures.
- Escalate operational issues and settlement risks to appropriate management and stakeholders in a timely manner.
- Oversee FICC-related activities to ensure alignment with funding and settlement requirements.
- Process and manage triparty collateral position allocations and related activity.
- Monitor daily liquidity positions and funding requirements to help prevent daylight overdrafts and other settlement-related liquidity risks.
- Support Treasury auction operations, including the processing of firm and customer bids and the review and maintenance of all associated documentation.
- Coordinate with trading, operations, treasury, collateral management, and external service providers to facilitate seamless settlement and clearance activities.
- Maintain compliance with internal policies, regulatory requirements, and industry best practices.
- Bachelors Degree
- Full trade life cycle understanding to support the settlement processing supporting all Securities product type
- Manage manual tasks in the role and investigate to improve/automate
- Intermediate/Advanced Excel skills
- Strong analytical and communication skills
- Process improvement/re-engineering
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.
Salary : $85,000 - $125,000