Valuations Controller - VP / Director

Position Summary:

Valuations Team is responsible for understanding, reviewing and testing the marks and valuation reserves used to value trading positions. The main functional responsibilities include: frequent testing of front office marks to external levels, ensuring that the appropriate accounting principles and reserves are applied to reach fair value, partnering with the Front Office and other support groups in facilitating new products and initiatives and developing and reporting information to the business and other stakeholders. This involves a close working relationship with the Front Office as well as all primary support partners including Risk Management, Quants, Model Validation Group, Operations, Finance and Legal.

Essential Job Duties:

• Performance of the Valuation Control / IPV processes and discussion of results focusing on the Securitized Products trading desk. 

• Communication of price testing results to heads of trading desks/COOs and Senior Management.

• Assignment of FAS157 levels to financial inventory.

• Process improvement and automation work.

• Participation in audit and regulatory queries requiring IPV input.

• Advise the New Products Committee regarding valuation matters for new business proposals.

• Proposal and calculation of bid/offer reserves and valuation adjustments.

Qualifications:

• Preferably a qualified valuation specialist in Securitized Products with a strong understanding across different types of Agency and Non Agency mortgage products. 

• Strong interpersonal skills and good team player.

• Prior experience in financial markets, preferably within an investment banking environment.

• A good working knowledge of independent price verification with strong financial products knowledge.

• Good working Excel knowledge.

• Strong sense of ownership and a willingness to take responsibility for tasks assigned.

• Ability to multi task and be adaptable to tight deadlines with a good attention to detail.

• Proactive and motivated work style.

• Strong interpersonal and communication skills; the ability to clearly articulate ideas

• Additional professional qualification from top university or institution preferable (ACCA/CIMA, CQF,CFA,FRM,PRMIA).

• Previous experience in financial institutions within similar Valuations role.

• VBA and SQL programming skills would be preferable, but not essential.

The expected base salary ranges from $106,500 - $225,000. 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.

#WayUp

Other requirements

In office attendance is an essential function of this role.  There is currently a requirement to be in the office a minimum 50% of the time, or five out of every 10 business days.  Specific information about the requirements for your role will be communicated during 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 equal employment opportunity employer, and we comply with applicable laws prohibiting discrimination in all of the jurisdictions where we operate. AA Employer - M/F/Disability/Veteran.

Accommodations are available upon request for applicants with disabilities and other covered reasons in accordance with applicable law.

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.