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AVP Operations - Settlement Services

ExperiencedNo visa sponsorship
Mizuho logo

at Mizuho

Investment Banking

Posted 7 days ago

No clicks

**AVP Operations - Settlement Services**: Ensure timely Federal Reserve securities settlement using BNY Mellon's platform. **Responsibilities** include monitoring and reconciling positions, managing TMPG fails, escalating risks, coordinating with internal teams and external providers, and maintaining regulatory compliance. **Required Skills**: Strong analytical and communication skills, full trade life cycle understanding, intermediate/advanced Excel proficiency, and process improvement experience. **Education**: Bachelor's degree. **Seniority**: Mid to senior-level.

Compensation
$85,000 – $125,000 USD

Currency: $ (USD)

City
Not specified
Country
United States

Full Job Description

Key Responsibilities:
Ensure the timely settlement of all Federal Reserve-eligible securities through the BNY Mellon clearance platform.

  • Monitor and reconcile securities and cash positions, investigating and resolving any exceptions or discrepancies.

  • Track and report TMPG-eligible fails and assist in the management and remediation of fail exposures.

  • Escalate operational issues and settlement risks to appropriate management and stakeholders in a timely manner.

  • Oversee FICC-related activities to ensure alignment with funding and settlement requirements.

  • Process and manage triparty collateral position allocations and related activity.

  • Monitor daily liquidity positions and funding requirements to help prevent daylight overdrafts and other settlement-related liquidity risks.

  • Support Treasury auction operations, including the processing of firm and customer bids and the review and maintenance of all associated documentation.

  • Coordinate with trading, operations, treasury, collateral management, and external service providers to facilitate seamless settlement and clearance activities.

  • Maintain compliance with internal policies, regulatory requirements, and industry best practices.

Requirements

  • Bachelors Degree

  • Full trade life cycle understanding to support the settlement processing supporting all Securities product type

  • Manage manual tasks in the role and investigate to improve/automate

  • Intermediate/Advanced Excel skills

  • Strong analytical and communication skills

  • Process improvement/re-engineering

The expected base salary ranges from $85,000 - $125,000. 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, including Medical, Dental and 401K plans, successful candidates are also eligible to receive a discretionary bonus.

 

#LI-Hybrid

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.

#LI-MIZUHO

AVP Operations - Settlement Services

Compensation

$85,000 – $125,000 USD

City: Not specified

Country: United States

Mizuho logo
Investment Banking

7 days ago

No clicks

at Mizuho

ExperiencedNo visa sponsorship

**AVP Operations - Settlement Services**: Ensure timely Federal Reserve securities settlement using BNY Mellon's platform. **Responsibilities** include monitoring and reconciling positions, managing TMPG fails, escalating risks, coordinating with internal teams and external providers, and maintaining regulatory compliance. **Required Skills**: Strong analytical and communication skills, full trade life cycle understanding, intermediate/advanced Excel proficiency, and process improvement experience. **Education**: Bachelor's degree. **Seniority**: Mid to senior-level.

Full Job Description

Key Responsibilities:
Ensure the timely settlement of all Federal Reserve-eligible securities through the BNY Mellon clearance platform.

  • Monitor and reconcile securities and cash positions, investigating and resolving any exceptions or discrepancies.

  • Track and report TMPG-eligible fails and assist in the management and remediation of fail exposures.

  • Escalate operational issues and settlement risks to appropriate management and stakeholders in a timely manner.

  • Oversee FICC-related activities to ensure alignment with funding and settlement requirements.

  • Process and manage triparty collateral position allocations and related activity.

  • Monitor daily liquidity positions and funding requirements to help prevent daylight overdrafts and other settlement-related liquidity risks.

  • Support Treasury auction operations, including the processing of firm and customer bids and the review and maintenance of all associated documentation.

  • Coordinate with trading, operations, treasury, collateral management, and external service providers to facilitate seamless settlement and clearance activities.

  • Maintain compliance with internal policies, regulatory requirements, and industry best practices.

Requirements

  • Bachelors Degree

  • Full trade life cycle understanding to support the settlement processing supporting all Securities product type

  • Manage manual tasks in the role and investigate to improve/automate

  • Intermediate/Advanced Excel skills

  • Strong analytical and communication skills

  • Process improvement/re-engineering

The expected base salary ranges from $85,000 - $125,000. 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, including Medical, Dental and 401K plans, successful candidates are also eligible to receive a discretionary bonus.

 

#LI-Hybrid

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.

#LI-MIZUHO