VP, FX Trader
About the Company
Mizuho Bank, Ltd. provides financial and strategic solutions for the increasingly diverse and sophisticated needs of its clients. In the U.S., Mizuho and its affiliates provide comprehensive corporate and investment banking services to major corporations, financial institutions, and public sector entities. With offices in more than 30 countries, Mizuho Bank, Ltd. offers clients both localized service and the extensive reach of a global business network. Mizuho Bank, Ltd. is a subsidiary of the Japan-based Mizuho Financial Group, Inc. (NYSE: MFG), one of the largest financial services companies in the world, with total assets of over $1.9 trillion as of March 31, 2013.
ATD
In addition to its funding activities (consisting of the issuance of certificates of deposit, bankers’ acceptances, overnight and time deposits), Americas Treasury Department (ATD hereafter) of Mizuho Bank Ltd. engages in various types of trading activities for the account of the Bank. These activities currently include participation in markets for the following products:
1. Foreign Exchange Instruments
2. Interest Rate Derivatives
3. Money Market Instruments
4. Securities
Summary
The Foreign Exchange Trader will join an existing FX section in ATD. Candidate will mainly trade FX spot market as an interbank dealer. This will entail quoting the price to customer dealer for bank’s clients and manage position and risk on own trading book to make profit from FX spot transactions.
Principal Duties and Responsibilities
- Contribute to profitability of FX section, with profit target and position limits
- Quote and execute customer business
- Gather relevant market information
- Provide analysis of market drivers, primarily in emerging markets
- Distribute market information and analysis to team, section in ATD and global FX team in a timely manner
- Assist in FX related product enhancement
- Maintain Order book and effectively manage position risk
Qualifications
- Eligible to work in the US
- Bachelors degree in Finance, Accounting, Economics or Business Administration
- 5 years of FX trading experience
- At least 3 years experience in a financial institution
- Excellent knowledge and skills as an FX spot trader (emerging market experience desired)
- Strong market analysis techniques using Bloomberg, Reuters etc.
Mizuho Bank Ltd. offers a competitive total rewards package.
We are an EEO/AA employer M/F/D/V. We maintain a drug-free workplace and perform pre-employment substance abuse testing.
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