Analyst - Derivatives and Securities team

We are looking for an Analyst to join our Derivatives and Securities team within the Operations department in London.

The Derivatives and Securities team are responsible for the confirmation and settlement of a variety of products in support of various Front Office areas of the bank. This takes the form of a full end to end flow from the point of trade through to the cash settlement of the trade. We have contact with external customers, Head Office and most internal departments of the European branches. Products covered include, but are not limited to, OTC Derivatives, Futures & Options, Fixed income, CD Issuance, NDF, Bond Agency, Corporate CSA, Regulatory reporting. Due to the wide range of products we manage the team is also involved in a large number of projects alongside the daily operations. This role will provide the opportunity for the successful candidate to learn many aspects of the banking industry within one team.

Duties And Responsibilities

• Ensure the timely confirmation and settlement of all DCS products within the time line set by management and working in full compliance within Head Office and Internal Operating Procedures.
• Engage in cross training and self-development in order to gain a good operational knowledge of DCS products, with particular focus on OTC Swaps.
• Cover departmental ad-hoc tasks when required.
• Identify and escalate to Team Leader and/or Section Head immediately any potential operational difficulties.
• Adherence and compliance with the Quality Management System.
• Identify and report any errors to senior management promptly and work to resolve the issue.
• Constant reviews of current processes and where possible suggest improvements
• Ensure effective communication, both verbal and via email, is delivered in a concise and timely manner.

Qualifications, Skills And Experience

• Excellent communication skills
• Strong numerical and analytical skills
• Good product knowledge of, but not limited to Markitwire, OTC Swaps ; IRS, CCS, FRA’s , CAP/Floor, ILS, Swaptions, etc
• ISDA confirmation knowledge, drafting / checking (preferable but not essential)
• Collaborative nature to contribute to a successful team performance
• Demonstrable ability to innovate, support change and problem solve
• High level of computer literacy particularly in Microsoft office products; VBA, Macros, etc would be preferable but not essential
• Great organisational and time management skills
• Knowledge of the banking industry

We champion a flexible work environment, as we understand the need for people to meet other commitments or simply strike a good work-life balance. As such, we are happy to talk flexible working for this role such as reduced working hours. The role will also include homeworking.

At Mizuho we are committed to supporting equality and diversity, and seek to create a workplace that is fully inclusive. We welcome applications from all sections of the community that we operate in and from all ethnic backgrounds, sexual orientation, beliefs, gender identities and disabilities.

If you require more information about our equal opportunities policy or wish to discuss any accessibility requirements or reasonable adjustments please contact the recruitment team – recruitment@mhcb.co.uk and we will be happy to help.

Mizuho Bank provides financial and strategic solutions for the increasingly diverse and sophisticated needs of international clients, focusing its efforts on serving major corporations, financial institutions, individuals and public sector entities. A relationship management approach to serving clients enables Mizuho Bank, together with group companies including Mizuho Trust & Banking and Mizuho Securities, to develop customised solutions in areas such as corporate, structured and project finance, transaction banking and risk management.

With 81 offices outside Japan, Mizuho Bank offers both local experience and the ability to progress careers across its global business network. Mizuho Bank is a subsidiary of the Japan-based Mizuho Financial Group, Inc, one of the largest financial services companies in the world, with total assets of approximately US $1.8 trillion (as of March, 2016). Mizuho London Branch has over 850 employees, Mizuho Bank employs over 27,000 employees and is part of the Mizuho Financial Any personal data you provide will be processed in accordance with our Recruitment Privacy Notice. Please do not create an account or apply for any vacancy if you do not agree to the terms of our Recruitment Privacy Notice available here