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Mizuho Financial Group

Futures Clearing - Operations

Mizuho Financial Group, Chicago, IL, United States


Futures Division clears 30 Exchange globally and reconciles over 70+ balancing sheets. Clearing team is responsible for managing all clients and executing brokers cleared trades and requires a strong and motivated Director with in-depth understanding and a subject matter expert on Clearing processes.  Responsibilities: Ensure all trades are cleared, allocated and booked correctly in client account on trade date Liaise with Exchanges, carry brokers and clients on trade issues & ensure prompt resolution Master firms’ back-office systems and middleware viz GMI, LISA, DUCO, RPA etc. Assist Clearing manager to lead and manage projects, drive automation and streamline Clearing processes including new business initiatives on top of daily operational activities Provide guidance and assistance to team members and help them resolve issues which require clear and in depth understanding of the process Keeps abreast of the latest industry and regulatory developments including prompt replies to Exchange, Regulators and Auditors. Work closely with Operations team & other Departments viz Front Office, Compliance, Risk etc. Cover 12 – 8 pm shift to ensure seamless end of day processing  Flexible to work on US Holiday on rotational basis Qualifications/Skills 5-8 years of relevant experience including working knowledge of GMI, LISA & DUCO Firm understanding of Futures & Options trade life cycle and expertise in break resolution  Well-developed management skills and relevant experience managing operational functions Proficiency in Excel, Word, and Outlook Excellent follow-through and attention to detail. Dynamic & proactive team player with the ability to identify process inefficiencies to improve capacity, efficiency, and control. Self-starter with a proven ability to take initiative. Team-oriented with strong integrity and professionalism. Proper escalation of issues. Strong time management skills are required to meet time critical deadlines and priorities. Effective verbal and written communication skills; notably the ability to clearly articulate issues and influence resolution. Have a growth mindset The expected base salary ranges from $145,000- $175,000 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 requirementsMizuho 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 OverviewMizuho 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 .​​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.#LI-MIZUHOSummaryLocation: Chicago, ILType: Full time