What are the responsibilities and job description for the Futures Operations - Clearing position at Mizuho?
Futures Division clears 30 Exchange globally and reconciles over 70 balancing sheets. Clearing team is responsible for managing all clients and executing brokers cleared trades and requires a strong and motivated individual to perform top day clearing functions.
Responsibilities
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.
Responsibilities
- Ensure all trades are cleared, allocated and booked correctly in client account on trade date
- Liaise with Exchanges, Carry brokers and clients on trade issues & exceptions
- Order Ticket Checking, Expiring Options, maintain static data viz Contact setups in GMI & Middle Off system (LISA)
- Perform Position maintenance & Close outs on the Exchange and Carry broker
- Handle position transfers both internal and external
- Perform various checks viz offsets, top day recon using DUCO, settlement prices etc. prior to handing over the systems for end of day processing
- Work closely with Balancers, Client Service Group and Deliveries team within Operations
- Reply promptly to Exchange and Regulators
- Maintain updated procedures, checklist and contact information
- Willing to work in shift 12pm - 8pm or as required subject to Clearing Manager discretion
- Flexible to work on US Holiday on rotational basis
- 3 years of experience within Futures & Options, including knowledge of GMI, LISA
- Understanding of various exchange clearing systems viz (CME, ICE FEC, ECS, FEC , OCC, EUREX, EEX etc.)
- Proficiency in Excel, Word, and Outlook
- Excellent follow-through and attention to detail.
- Dynamic & proactive team player with the ability to identify process inefficiencies to improve capacity, efficiency, and control.
- Self-starter with a proven ability to take initiative.
- Team-oriented with strong integrity and professionalism.
- Proper escalation of issues.
- Strong time management skills are required to meet time critical deadlines and priorities.
- Effective verbal and written communication skills; notably the ability to clearly articulate issues and influence resolution.
- Have a growth mindset
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 : $80,000 - $150,000