Futures Operations - Balancer AVP-VP

Operations is a dynamic, multi-product division that supports futures, equities, securities, and derivatives markets for our clients around the world. Futures Division clears over 30 Exchange worldwide and reconcile over 70+ balancing sheets. Clearing team is responsible for managing all client and executing brokers Exchange cleared trades.

Futures Balancer within the Futures Division at Mizuho Securities USA LLC requires a motivated individual to perform key control functions. They will improve and help build processes related to trade clearing, middle-office management, manuals, and regulatory reporting. Futures Balancer is focused on Exchange and Carry broker requirements.

Responsibilities:

• Balance Exchange & Carry broker positions and monies to GMI.
• Perform timely client and trade & regulatory inquiry investigation, issues resolution and remediation.
• Interface with Exchanges, brokers firms and clients on trade issues.
• Master firms’ technology systems – Middle-office, RPA, Duco and GMI.
• Complete daily operational reporting & controls; identify risk trends.
• Ensure all trades are cleared in clients account on trade date.
• Understand and adapt to Regulatory and Industry changes.
• Ensure Executing broker trade allocations are completed on trade date.
• Exchange and Carry brokers’ position close-out including option expirations
• Internal & external trade/position transfers.
• Evidence collections and reply promptly to audit & regulatory inquiries.
• Willing to work in shift 11pm – 7am or as required subject to Clearing Manager discretion
• Flexibility to work on U.S. holidays.

Qualifications/Skills:

• At least 5 years of Exchange and Carry brokers experience in the Futures Industry
• 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.

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The expected base salary ranges from $100,000 - $150,000. 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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