Associate

Profile Summary

• Manage NDF (LATAM and Asia) books.
• Manage Client spot orders in NDF, and a set of deliverable currencies (THB, CNH, HKD, SGD AUD,NZD,CAD)
• Stream prices for 5 NDF currencies (PHP, KRW, CNY, INR, TWD)
• Maximise individual profit, attain target within allocated stop loss and trading limits.
• Support Group Head in daily tasks and business planning
• Engage in global order book monitoring with the strictest adherence to the bank’s policy.
• Promote forex trading business by providing competitive price as well as proactively exchanging strategic and operational plans with the team in consultation with the Heads of FX in ETD.
• Improve existing tools and build new tools for forward pricing.
• Support proactively our sales and e-FX person to build and improve our infrastructures like e-platforms.

Duties and Responsibilities

• Provide quick and competitive pricing to the sales team to promote client-oriented business.
• Profit maximisation to achieve individual profit target from both market making and proprietary trading with G10 and EM products.
• Profit maximisation to achieve team profit target.
• Control risks under trading limits and comply with trading regulations and standards.
• Communicate well with salesperson about pricing tactics to win competition as well as structuring ideas to enhance sales activities.
• Assist other traders as a good team worker.
• Analysis and distribution of quality market information.
• Keep management informed of any material change in position, profitability and market conditions.
• Share knowledge and train junior staff
• Contributing to develop and promote FX business in line with Mizuho FG’s strategies (PJ REX)
• Help improve the trading and risk systems: either or by contributing to the development of new pricing tools, models, developing new risks or P&L reports using OT, or giving regular feedback and ideas on how to improve them. 

Qualifications, Skills, and Experience

• Well-developed and up to date working knowledge of Treasury business, especially FX Forward and FX Spot and regulatory requirements.
• Trading and risk management.
• Understanding of the Bank’s policies and guidelines.
• Good communication skills and teamwork sprits
• Proven market analysis skills
• High standard of IT literacy to build and maintain tools for trading and to understand overall architecture of e-FX.
• Project management and/or systems development skills.
• Knowledge of general bank products.
• Coding Skills: Excel VBA and Python.
• Ability to build tools for forward curves pricing.

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 – recruitment@mizuhoemea.com and we will be happy to help.