Capital Management - SAS Modeler - Associate / AVP level at Mizuho Americas Services LLC in New York, New York

Posted in Management 8 days ago.

Type: Full-Time





Job Description:

General Department Description

The Capital Management Unit manages the capital position of Mizuho Americas LLC and its major subsidiaries. The Unit is responsible for a comprehensive capital management framework that incorporates setting targets, monitoring/managing current capital levels and performing firm-wide stress testing in partnership with the Risk Management department and key front office personnel.

Summary

The Capital Management Unit seeks a quantitatively oriented individual for the position of Assistant Vice President/Associate SAS Modeler. The candidate will serve as a subject matter expert supporting Mizuho’s capital management function. Projects will span numerous areas including, (i) developing and enhancing income statement and balance forecast models, (ii) liaising with internal parties to manage and access the modeling data infrastructure, and (iii) general tasks associated with managing the bank’s capital position. The candidate would assume a key role in the development and enhancement of forecasting models and should be able to analyze large data sets and produce high-quality SAS code and Microsoft Excel analyses on an independent basis.

Responsibilities

The candidate will provide substantial contributions to the following activities:


  • Participate in development, maintenance, and documentation of finance models via OLS regression and A(R) approaches in accordance with Federal Reserve SR 11-7 requirements


  • Evaluate data to identify necessary adjustments and work closely with business users to create robust forecasting models and historical analyses


  • Develop and enhance Microsoft Excel based approaches for monitoring and estimating the bank’s capital position


  • Manage projects and deepen relationships with internal and external counterparties to enhance institutional knowledge to support the forecasting/capital management processes


  • Contribute to the implementation and enhancement of capital management practices within the team


  • Contribute to other initiatives that may arise on an ad-hoc basis


Qualifications


  • 3-5 years of relevant work experience in the financial services industry


  • Significant knowledge and experience with SAS or R as well as Microsoft Excel in a business environment.  Knowledge of Python is a plus


  • Robust understanding of statistical concepts, regression-based forecasting models and time series analysis


  • Ability to effectively analyze large data sets and identify patterns and insights


  • Advanced fluency with bank financial and accounting concepts


  • A high level of flexibility and a strong willingness to fulfill team goals in an environment of changing conditions and deadlines


  • Detail oriented and able to work independently to produce high quality work products that require limited managerial oversight


  • Good communication skills (presentation and written) with an ability to explain underlying drivers and key takeaways from modeled data outputs to technical and non-technical audiences


  • Comfortable with Bloomberg functionality and data retrieval


  • Candidates with a Bachelor’s degree in areas such as Statistics, Financial Engineering, Econometrics, Mathematics, Finance, Engineering or other advanced quantitative field. Masters a plus.


#WayUp

Other requirements

In accordance with New York City law, employees based in Mizuho’s New York City office are required to be fully vaccinated against COVID-19 to work on-site (unless a legally-required accommodation has been approved).  Mizuho has in place a pilot remote 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.

Company Overview

Mizuho Americas is a leading financial institution comprising several legal entities, which together offer clients corporate and investment banking, financing, securities, treasury services, asset management, research and more. Mizuho’s operations in the Americas connect a broad client base of major corporations, financial institutions and public sector groups to local markets and a vast global network. Mizuho Americas is an integral part of the Japan-based Mizuho Financial Group, Inc. (NYSE: MFG), which is comprised of offices in nearly 40 countries, approximately 60,000 employees, and assets of more than USD 1.8 trillion. Learn more at mizuhoamericas.com.

Mizuho Bank Ltd. 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 perform pre-employment substance abuse testing.

#LI-MIZUHO





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