Exposure Management VP / Director

About the role

Mizuho Americas is seeking a senior VP or Director in its Exposure Management (EM) function, reporting to the EM lead within the Credit Risk Management hierarchy. The candidate will work with a focused team tasked with establishing a quantitative measurement framework for counterparty credit risk exposures, following the guidance of the Federal Reserve SR11-10 letter (Interagency Counterparty Credit Risk Management Guidance). This includes regulatory margin (SIMM model and its ongoing monitoring), PFE and EAD modelling, VaR modelling, portfolio risk analysis, sensitivity analysis, scenario analysis, stress testing, and wrong way risk analysis. The team will partner with the Capital Markets Credit Department to measure limit usage, establish collateral requirements, and develop a comprehensive haircut/Independent Amount/Initial Margin framework. Additionally, the team will collaborate with IT and project management to implement credit risk measure quantification and its aggregated reporting and monitoring.

Responsibilities

• Oversee the performance of the regulatory required SIMM model and improve existing processes
• Contribute to a focused team to establish and continually develop the Quantitative Exposure Management framework
• Develop and utilize analytics to measure counterparty credit risk for limits, capital, and analysis
• Develop and maintain methodologies and analytics related to haircuts, Independent Amounts, and Initial Margin

Qualifications

• 8‑10+ years of direct experience in quantitative counterparty credit risk management
• Extensive expertise with OTC derivatives, listed derivatives, and financing products
• Strong quantitative skills in data analysis using EXCEL, ACCESS, and Python
• Advanced degree in a quantitative discipline

Benefits

• Medical coverage
• Dental coverage
• 401(k) plan
• Discretionary bonus eligibility

Pay

The expected base salary ranges from $152,500 to $235,000, based on skills, training, experience, education, certifications, licenses, and market/organizational factors.

Schedule

Mizuho offers a hybrid working program with varying remote‑work opportunities depending on the role, department needs, and local laws/regulatory obligations; some departments may have greater in‑office requirements, which will be communicated during recruitment.

About the Company

Mizuho Financial Group, Inc. is the 15th largest bank in the world by total assets (~$2 trillion). Its 60,000 employees worldwide provide comprehensive financial services to clients in 35 countries across 800 offices in the Americas, EMEA, and Asia. Mizuho Americas is a leading provider of corporate and investment banking services in the US, Canada, and Latin America. Through the acquisition of Greenhill, it offers M&A, restructuring, and private capital advisory capabilities across the Americas, Europe, and Asia. Mizuho Americas employs approximately 3,500 professionals, with capabilities spanning corporate and investment banking, capital markets, equity and fixed income sales & trading, derivatives, FX, custody, and research. More information is available at www.mizuhoamericas.com.