Join Mizuho as a Senior Equity Finance Trader. Mizuho's key strengths
include robust risk management and product innovation. Stock Loan/Borrow is
viewed as a critical source of liquidity within the global securities finance
market. Mizuho securities is a key player in this market. Mizuho’s strategic
presence is designed to align our business with our client base, and provide a
platform to target new client mandates. Our traders execute transactions for
leading global institutions. Leveraging our market-leading combination of
securities lending expertise, local network, and breadth and depth of supply
enables us to create mutually beneficial opportunities for both lenders and
borrowers alike.
SENIOR EQUITY FINANCE TRADER
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15+ yeas of Stock Loan Trading, Equity Swap and funding experience, especially within the US Equity Market. Securities Finance market knowledge preferred.
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Ability to analyze and determine pricing for short term HTB, Risk Arb deals, along with ETF financing.
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Strong analytical skills and in-depth knowledge in arbitrage trading which includes dividend, lock-up expiry , M&A activity, etc.
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Proficiency with Bloomberg, QlikView, MS Excel modelling & macro development.
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Ability to multitask and work under time pressure. Self-motivator with entrepreneurial disposition.
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The ideal candidate will have worked within securities lending for a minimum of ten years, with solid understanding of what drives Securities Lending business from a supply and demand side.
RESPONSIBILITIES:
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Participate in daily trading activities to maximize market making in HTB, Warm, GC and ETF space. Support upgrade/downgrade flow/trading.
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Adhere to risk & control guidelines specifically as it relates to counterparty credit limits, best execution, and fiduciary obligations.
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Develop and maintain relationships with counterparts ( Sell side Prime Brokerage, Agent Lenders, Retail Brokerage, Sov Wealth Funds, ETF issuer and Real Money Accounts), and stay abreast of macro environment.
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Work with the sales, D1 Trading, Swap Traders and product colleagues to present trade idea and execute transactions.
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Prepare market commentary for prospective and existing clients, as well as management reporting.
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Interface with operations, technology, and account management teams to ensure proper controls, settlements and inventory management.
PROJECTS AND DELIVERABLES:
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Support the execution of daily trading activity to maintain market share and increase market share in HTB and Rev/Con Space.
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Exceed revenue, profitability, and return on capital targets through optimal execution and broadening trading strategies and client mix.
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Help facilitate business process re-engineering, to add efficiencies to and streamline investment trading functions.
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Build and sustain working relationships with colleagues across Equities and Fixed Income Division
EDUCATION:
Bachelor’s / University Degree, Master’s degree preferred.
_The expected base salary ranges from $200,000-325,000. 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 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 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 perform pre-employment substance abuse
testing.