Fixed Income Product Controller
Mizuho Corporate Bank
Position Summary
A Fixed Income Division (FID) Product Controller is responsible for the accounting and financial reporting of the fixed Income trading desks. FID Product Controllers are responsible for the monitoring of transactions, P&L, and act as a primary control function. This role will be supporting Derivative Products trading.
Essential Job Duties
+ Work closely with front office personnel in producing daily, weekly, and monthly P&L results and analysis.
+ Investigate and resolve P&L discrepancies arising from incorrect booking of trades, missing deals, system errors, or valuation issues.
+ Liaison with various areas within the firm (e.g. Front Office, Operations, Technology, Middle Office and Market Risk)
+ Continue developing and improving the Internal Control environment through critical evaluation of current controls and processes and utilization of best practice.
+ Complete the month end closing process for balance sheet reconciliation and substantiation.
+ Ensure compliance with internal and external audits.
+ Ad hoc requests from the desk.
+ Drive process and system improvements through participation in various project initiatives.
+ Assess new trades for appropriate valuation, accounting treatment, and disclosure in the financial statements.
+ Work with financial control in preparation of key external reports such as disclosures.
Qualifications
+ 4+ years of Product Control experience with knowledge of Interest Rate Derivative products
+ CPA or CFA preferred but not required.
+ Familiarity with accounting principles
+ High attention to detail
+ Fast learner and team player
+ Strong analytic and problem-solving skills.
+ Highly proficient in Excel (v-lookups, pivot tables)
+ Strong interpersonal and communication skills; the ability to clearly articulate ideas
+ Accounting or Finance degree required.
The expected base salary ranges from $85,000 - $140,000. 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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Other requirements
Mizuho has in place a hybrid working program, with varying opportunities for remote work depending on the nature of the role, needs of your department, as well as local laws and regulatory obligations. Roles in some of our departments have greater in-office requirements that will be communicated to you as part of 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 EEO/AA Employer - M/F/Disability/Veteran.
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.
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