Why Mizuho
At Mizuho Securities (Singapore) Pte. Ltd., 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.
About the Team
The Mizuho Securities Trading team, based in Singapore and Hong Kong, services our global customer base in USD, AUD, CNH and HKD government, rates and credit products. The local currency desk focuses on AUD, SGD, HKD and other APAC currencies (excluding JPY).
Summary
The role within Credit Trading is three-fold:
- To provide liquidity to Mizuho’s customer base in our chosen product space – whilst effectively managing the risk on the Bank’s balance sheet. Liquidity is generated by working closely with the Sales force and Customers – presenting them with market colour, pricing information and trade ideas in a consistent and interesting format. We work towards growing that pool of liquidity by pitching and on boarding new customers across all jurisdictions.
- To work with the DCM and Syndicate teams to create an end to end franchise capability through idea generation, information flow and warehousing of select risk.
- To continuously develop and enhance tools for the pricing, publishing and relative value analysis of our product.
Responsibilities
- Proactively manage the risk on the balance sheet, providing market colour and trade ideas to both internal sales and external customers
- Price & book credit flows
- Hedge flows and take part of daily administrative tasks
- Apply desk strategies to manage risks and optimize hedges
- Estimate and validate daily results
- Participate in developing of tools, processes and methodologies
- Backup other traders
- Liaise with others traders (locally and regionally) to ensure smooth transitions of daily book passing
- Prepare daily runs/commentaries/trade ideas to engage both internal sales and external customers
- Prepare PnL, risk, and flow reports to assist in the risk management decision process
Skills and Qualifications
- Bachelor Degree in any discipline
- Minimum 2 years’ of relevant experience in the financial industry
- Strong quantitative skills
- Strong programming skills with proficiency in excel/python preferred
- Highly proficient in Japanese Language is required due to frequent detailed communication with Headquarters and Japanese counterparts on business operations
- Ability to extract trade processes from individual trade details
- Desire to push execution capabilities to the leading edge of trading and technology
- Meticulous attention to detail and ability to maintain focus in times of stress and pressure
- Self-motivated, flexible, reliable and someone who takes pride and ownership in their work
Company Overview
As a leading Asia-focused investment bank, we provide corporate and institutional clients with unparalleled access and expertise in Japan and Asia. We are the partner of choice to many in the region, offering a wide range of investment banking and global markets solutions for the increasingly-sophisticated and technological needs of our large client base – primarily corporations, financial institutions, pensions, asset managers, and public sector entities.
Our parent company – Mizuho Financial Group – came together in late 2002, merging three of the largest banks in Japan and is today one of the world’s largest financial institutions. With our global presence and affiliates across Asia, Americas and EMEA, we’re able to meet local market needs with a combination of unique market insights, knowledge, and capabilities.
For more information about the Mizuho Financial Group, please visit: https://www.mizuhogroup.com
For more information about Mizuho Securities, please visit: https://www.mizuhogroup.com/securities
