EMEA Valuations, Technology Finance - Analyst

Profile Summary

- Using knowledge of market activities to accurately mark the banks books to obtain fair value

- Be a point of contact to deal with queries around revaluation both within Product Control and to external parties

- To support and maintain the bank valuation systems, applying the correct market data & sensitivity parameters to obtain this, both for ETD activities and also the Corporate activities

- To be proficient and adaptive to managing and developing internal tools to aid the valuation framework

- To assist in the production of daily Trading P&L and verify valuations held by the desk to external sources.

- Substantiate of trading balances to General Ledger carrying value.

- Shared responsibility for continuous improvement of the Trading business support model.

- Underwriting valuations and reporting

Duties and Responsibilities

- Design, update and maintain the teams automated diary to reflect the changing landscape around requirements as a result of Project CIB & Universal Bank

- Verify and challenge the integrity of the market data and parameters used within the valuations

- Support European and other branches with rate provisioning and any other requirements around valuation

- Communicate with traders and other departments to ensure the accuracy and completeness of data is acceptable and meets the requirements

- Use revaluation system knowledge to assist colleagues both within Product Control and external parties

- Engage in conversations with Head of EV around new initiatives to deliver efficiently on requirements and also current practices

- Actively provide updates to the team at the monthly valuation review meetings

- Adherence to any compliance policies when planning to adapt new rate sources

- Updating the Fair Market Value Manual that is reported to Head Office each quarter and to respond to any queries from SOX auditors or Head Office around this

- Daily P&L preparation for the trading businesses.

- Substantiate trading sub ledgers and product valuation balances to carrying values in the General Ledger.

- Planning and tracking resolution of infrastructure issues around the Trading business valuations and P&L processes.

- Undertake weekly, monthly and quarterly underwriting valuations and reporting

Qualifications, Skills and Experience

- Ability to work unaided and recognise the key risks pertaining to their actions

- Must have the drive to move projects forward and implement creative ideas to the processes to increase efficiency

- Apply a thorough and diligent approach to their work, with attention to detail being paramount

- Being confident to make challenges, both upwards to line manager and downwards too

- Ability to work under pressure and meet tight deadlines; this should include prioritising the work of the group

- Advanced user of Excel & Access; also preferable with previous use of Python and AI

- A very sound understanding of the markets, moreover especially the source systems such as Bloomberg & Refintiv; this should include the ability to extract data at ease from these systems for cross and historical referencing

- Mathematically proficient

- A good understanding of valuation and accounting practices, and the effect on the P/L reporting and also risk valuations, sensitivities and local historical VaR resulting from the market data applied by the team

What Mizuho can offer you

Here at Mizuho, there are fantastic progression opportunities and clear paths to promotion. We will give you ample opportunity to affect change and to help grow our business.

In addition to the great opportunity outlined above we are also currently able to offer:

- Competitive starting salary, plus discretionary bonus

- Non-contributory pension

- 27 days’ annual leave

- Core working hours*

- Hybrid working - office and home based*

- Virtual GP

- Wellbeing benefits, including Mental Health Allies and First Aiders

* For applicable roles only

At Mizuho, we embrace flexible ways of working when the role permits. We offer different working arrangements like part-time, job-sharing and hybrid (office and home) working. Our purpose-led culture and global infrastructure help us connect, collaborate, and work together in agile ways to meet all our business needs.

At Mizuho we are committed to supporting equality, diversity and equality, and seek to create a workplace that is fully inclusive. We welcome applications from all sections of the community that we operate in and from all ethnic backgrounds, sexual orientation, beliefs, gender identities and disabilities.

If you require more information about our equal opportunities policy or wish to discuss any accessibility requirements or reasonable adjustments please contact the recruitment team – [email protected] and we will be happy to help.