Capital Markets Credit, Securitization and Residential Mortgage Finance (Director)

About the Team The Americas Credit Risk team partners with key stakeholders throughout the Bank to meet business demands and an evolving regulatory environment. Capital Markets Credit (CMC) is responsible for traded product counterparty credit exposures in the Americas. The team supports all front office trading activities including fixed income, equities, futures, derivatives, foreign exchange and structured products. Client coverage spans Investment Advisors, Munis, Hedge Funds and Family Offices. Summary Credit Risk Management is seeking a Director-level candidate to support the Securitization and Residential Mortgage Finance Business. Key responsibilities are summarized below: Collateral Analysis for securitization takeout: Analyze whole loan residential mortgages that will be initially pooled as assets within warehouse facilities, financed under whole loan reverse repo facilities, and ultimately securitized in the creation of residential mortgage backed securities (RMBS). Assess the credit risks of the underlying residential mortgage assets and determine the optimal securitization structure to minimize credit risk. Market Analysis: Deep understanding of the residential mortgage securitization market, including the pooling of mortgage assets under warehouse facilities, and the creation of residential mortgage securitized products (RMBS). Counterparty credit analysis: Analyze and evaluate client credit disclosures, financial statements, and conduct counterparty credit due diligence. Prepare/present credit reports and make credit recommendations. Leadership: Work directly with Front Office to manage the credit aspects of Front Office trade requests. Lead discussions with the Front Office and clients to assess the credit implications of trade requests and craft appropriate credit terms. Exposure monitoring: Manage a portfolio of whole loan residential mortgage financing facilities. Propose and establish credit limits, counterparty credit ratings. Publish relevant portfolio reporting, including ad-hoc requests for internal and external constituents. Liaison: Interface between CRM and vested constituents including Front Office, Collateral Operations, Legal, Compliance, Mizuho internal departments/Parent Company. Traded Product Knowledge: In-depth knowledge of all types of capital markets traded products, including OTC derivatives, structured products, MBS, repo/reverse repo, Warehouse facilities, stock loan/stock borrow, Futures. Documentation management: Understand and negotiate credit and legal agreements with counterparties. Collaborate with Legal and Front Office constituents to finalize legal agreements. Team Contributor: Ability to work effectively within and to contribute to a collaborative and supportive team environment. Qualifications Bachelor’s degree with major in Finance, Accounting, or Economics preferred Minimum 5-10 years of progressive experience in the financial services industry, including specialized experience with both Residential Whole Loan and MBS analysis, Securitization, Warehouse Facilities, Counterparty Credit, Portfolio Management. Strong organizational and communication skills. Must be able to express oneself clearly and concisely, both verbally and in writing, to internal and external constituents. Excellent analytical skills. Effective interpersonal skills. Solid command of relevant systems and applications, including MS Office Applications. The expected base salary ranges from $144,000 - $235,000. 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. Other requirements Mizuho has in place a remote 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. Company Overview Mizuho Americas is a leading financial institution comprising several legal entities, which together offer clients corporate and investment banking, financing, securities, treasury services, asset management, research and more. Mizuho’s operations in the Americas connect a broad client base of major corporations, financial institutions and public sector groups to local markets and a vast global network. Mizuho Americas is an integral part of the Japan-based Mizuho Financial Group, Inc. (NYSE: MFG), which is comprised of offices in nearly 40 countries, approximately 60,000 employees, and assets of more than USD 1.8 trillion. Learn more at mizuhoamericas.com. Mizuho Bank Ltd. 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 perform pre-employment substance abuse testing. #LI-MIZUHO Why Mizuho At Mizuho, we provide the stability of an international industry leader with the career trajectory of a growing business. Our steady, strategic growth gives our people at all levels rewarding degrees of responsibility and a richer work experience than a boutique firm or an established giant could offer alone. It’s the local expertise of our employees that makes our global network so powerful. By collaborating with colleagues and clients who have your same ambition and drive, you can amplify your sphere of influence and base of knowledge as part of one of the largest—and growing—banks in the world. For more information, please view our Recruiting Brochure