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 Director with in-depth understanding and a subject matter expert on Clearing processes.
Responsibilities:
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Ensure all trades are cleared, allocated and booked correctly in client account on trade date
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Liaise with Exchanges, carry brokers and clients on trade issues & ensure prompt resolution
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Master firms’ back-office systems and middleware viz GMI, LISA, DUCO, RPA etc.
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Assist Clearing manager to lead and manage projects, drive automation and streamline Clearing processes including new business initiatives on top of daily operational activities
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Provide guidance and assistance to team members and help them resolve issues which require clear and in depth understanding of the process
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Keeps abreast of the latest industry and regulatory developments including prompt replies to Exchange, Regulators and Auditors.
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Work closely with Operations team & other Departments viz Front Office, Compliance, Risk etc.
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Cover 12 – 8 pm shift to ensure seamless end of day processing
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Flexible to work on US Holiday on rotational basis
Qualifications/Skills
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5-8 years of relevant experience including working knowledge of GMI, LISA & DUCO
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Firm understanding of Futures & Options trade life cycle and expertise in break resolution
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Well-developed management skills and relevant experience managing operational functions
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Proficiency in Excel, Word, and Outlook
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Excellent follow-through and attention to detail.
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Dynamic & proactive team player with the ability to identify process inefficiencies to improve capacity, efficiency, and control.
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Self-starter with a proven ability to take initiative.
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Team-oriented with strong integrity and professionalism.
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Proper escalation of issues.
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Strong time management skills are required to meet time critical deadlines and priorities.
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Effective verbal and written communication skills; notably the ability to clearly articulate issues and influence resolution.
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Have a growth mindset
The expected base salary ranges from $145,000- $175,000 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.
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.
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What We Do
This is not your typical financial institution. It’s our people who make us a cut above. Here, every person is respected because of their differences, not in spite of them. We pride ourselves on a culture of purpose, passion and compassion.
At Mizuho, we provide the stability of an international industry leader with the career trajectory of a growing business. Our steady, strategic growth gives our people at all levels rewarding degrees of responsibility and a richer work experience than a boutique firm or an established giant could offer alone.
Working for Mizuho opens doors not just to a rewarding career with excellent prospects, but to lasting friendships with colleagues from diverse cultures. It’s the local expertise of our employees that makes our global network so powerful. By collaborating with colleagues and clients who have your same ambition, you can amplify your sphere of influence and base of knowledge as part of one of the largest—and growing—banks in the world.
We’re all global citizens, and that’s why our company feels compelled to make an impact through more than just drawing up deals. We prove that it’s possible to do well and do good. We do right by our clients, our community and each other.
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