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2023-05-17

Senior Structured Equity Trader

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Mizuho Bank
Senior Structured Equity Trader
New York, US
250,000 - 325,000
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Job Description

Join Mizuho as a Structured Equity Finance Trader. Mizuho's key strengths

include robust risk management and product innovation. The Structured Equity Finance and Delta 1 Trading desk is growing within the Mizuho Americas Franchise. 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.

The Structured Trader will be responsible for managing a portfolio of

structured trades across multiple asset classes, including equities (public and private shares), and fixed income. The successful candidate will have extensive experience in risk management, hedging, and margin financing.

  • 15+ years’ experience in establishing and negotiating key terms, covenants, and guidelines, as part of the execution process for asset-backed financing (portfolio of Private Equity Shares, HF Shares, and SPV backed by financial assets and fund of funds for PE, HF, and Real Estate).

  • Responsible for managing the risk of fund financing business.

  • Strong analytical skills and in-depth knowledge in valuation, margin methodology, portfolio risk management. Design and maintain stress tests and risk reporting.

  • Optimize financial resources for the trade ( B/S, Capital , RWA etc).

  • Proficiency with Bloomberg, QlikView, MS Excel modelling & macro development.

  • Ability to multitask and work under time pressure. Self-motivator with entrepreneurial disposition.

  • The ideal candidate will have worked within structured equity finance and D1 trading for a minimum of ten years, with solid understanding of various financing structure.

RESPONSIBILITIES:

  • Participate in daily trading activities, client pitch, and lead structure terms (Pricing, haircut, eligibility criteria).

  • Adhere to risk & control guidelines specifically as they relate to counterparty credit limits, best execution, and fiduciary obligations.

  • Develop and maintain relationships with client ( und of funds, hedge funds, PE firms, Real Estate Funds) , and stay abreast of macro environment.

  • Work with the sales, D1 Trading, Swap Traders and product colleagues to present trade idea and execute transactions.

  • Prepare market commentary for prospective and existing clients, as well as management reporting.

  • Interface with operations, technology, and account management teams to ensure proper controls, settlements and collateral management.

PROJECTS AND DELIVERABLES:

  • Support the execution of daily trading activity to maintain market share and increase market share in HTB and Rev/Con Space.

  • Exceed revenue, profitability, and return on capital targets through optimal execution and broadening trading strategies and client mix.

  • Help facilitate business process re-engineering, to add efficiency and streamline investment trading functions.

  • Build and sustain working relationships with colleagues across Equities and Fixed Income Divisions.

Qualification

  • Minimum of 15 years of experience in trading, with a focus on structured products and risk management.

  • Bachelor’s / University Degree, Master’s degree preferred.

  • Strong knowledge of multiple asset classes, including equities, fixed income, and currencies.

  • Series 7, 63, 24 and 57 are required

_The expected base salary ranges from $250,000-325,000. 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 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.

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