Vice President, Stress Testing and Capital Analysis (Finance)

Summary

Mizuho U.S. Operations is seeking a highly skilled and experienced individual to join our Stress Testing and Capital Analysis team as a Vice President. This role involves developing and enhancing stress testing scenarios, coordinating with stakeholders, and ensuring compliance with regulatory requirements

Responsibilities

• Scenario Design: Assist with design and implementation of new stress scenarios that are aligned with evolving market conditions, regulatory guidelines, and the bank's risk appetite.
• Scenario Expansion: Implement scenario expansion model on regulatory (CCAR) and other internal stress scenarios, evaluate accuracy and consistency of the scenarios.
• Scenario Evaluation: Continuously assess the market conditions and the bank's portfolio to assess the relevance of existing stress scenarios, making recommendations for improvements as needed.
• Stress Test Calculation: Liaise with risk managers and risk infrastructure partners to ensure correct implementation of stress tests in the calculation systems, provide analysis and signoffs.
• Stress Test Explains: Produce comprehensive stress test results explains that provide in-depth insights into the risk drivers, facilitating clear communication with risk management and other stakeholders.
• Capital Analysis: Perform the required capital impact analysis across all of Mizuho's capitalized entities. Develop a process for efficiently calculating capital impacts.
• Process Improvements: Develop tools and processes to improve stress testing accuracy, reliability, and attribution.
• Compliance: Perform periodic and timely updates to the relevant Stress Testing Polices, Standards, and Handbooks.
• Model Ownership: Maintain and update the models owned by the stress testing team to ensure compliance with Model Risk requirements.

Qualifications

• Bachelor's degree in a quantitative field such as Financial Engineering, Mathematics, or another relevant science. A master's degree in the same or a related field is preferred.
• 5+ years of experience in Market Risk and/or Stress Testing within a large institutional bank, demonstrating a strong understanding of financial markets and risk management principles.
• Proficiency in quantitative modeling, statistical analysis, and stress testing methodologies.
• Strong knowledge of cash and derivative products within fixed income and equity asset classes.
• Proficiency in programming languages and tools such as R, Python, SQL, VBA, Power BI, and Excel.
• Strong project management and process management capabilities.
• Effective communication skills: oral, written, listening and presentation.
• Familiarity with regulatory requirements related to stress testing, including DFAST, CCAR, Basel III, and FRTB is a plus.

The expected base salary ranges from $127,500 - $180,000. 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.

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