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Assistant Vice President - Stress Testing and Capital Analysis

Mizuho Bank, Ltd.
New York, NY Full Time
POSTED ON 2/9/2025
AVAILABLE BEFORE 5/9/2025

Job Summary

Mizuho U.S. Operations is seeking a highly skilled and experienced individual to join our Stress Testing and Capital Analysis team as an Assistant Vice President. In this role, you will be involved in developing and enhancing stress testing scenarios, coordinating with stakeholders, and ensuring compliance with regulatory requirements.

Key Responsibilities

  • Maintain the stress testing scenarios for risk management, risk appetite, capital planning based on internal requirements and supervisory guidance (CCAR).
  • Drive the scenario expansion efforts, ensuring comprehensive coverage of material risk factors.
  • Implement stress scenarios in various valuation systems, perform UAT for scenario changes.
  • Produce comprehensive stress test results explains that provide insights into the risk drivers, facilitating clear communication with risk management and other stakeholders.
  • Use stress results and RWA forecasts to identify potential vulnerabilities and areas for improvement.
  • Conduct scenario and historical data consistency checks using advanced analytical tools.
  • Develop tools and processes to improve stress testing accuracy, reliability, and attribution.
  • Review existing stress testing scenarios and coordinate with stakeholders to evaluate reasonableness and severity.

Qualifications

  • Advanced degree in physics, finance, economics, or a related field is preferred.
  • 3-5 years of experience applying quantitative / statistical / econometric methodologies to applications in finance.
  • Proven experience in quantitative analysis, particularly in stress testing and capital analysis.
  • Strong knowledge of cash and derivative products within fixed income and equity asset classes.
  • Strong understanding of various methodologies such as regression, PCA, Machine Learning, and Volatility Scaling.
  • Proficiency in programming languages and tools such as R, Python, SQL, VBA, Power BI, and Excel.
  • Strong analytical and problem-solving skills.
  • Inherent curiosity and a deep desire to understand and improve processes.
  • The expected base salary ranges from $90,000 - $140,000. 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.

    LI-Hybrid

    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.

    LI-MIZUHO

    Salary : $90,000 - $140,000

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