Product Control - Greater London, United Kingdom - Mizuho

    Mizuho
    Mizuho Greater London, United Kingdom

    Found in: Appcast UK C C2 - 1 week ago

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    Description

    Who are we?

    We are not your typical financial institution. It's our people who make us a cut above. Here, every person is respected because of their differences, not in spite of them.

    We pride ourselves on a culture of purpose, passion and compassion. 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.

    Working for Mizuho opens doors not just to a rewarding career with excellent prospects, but to lasting friendships with colleagues from diverse cultures. 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, you can amplify your sphere of influence and base of knowledge as part of one of the largest—and growing—banks in the world.

    What is the opportunity?

    The Product Control area is responsible for the main financial reporting and control functions relating to the trading elements of Mizuho International (MHI), Mizuho Bank (MHBK) and Mizuho Bank Europe (MBE). In this capacity it works closely with the business and Risk Management department both in London and Tokyo.

    What will you be doing?

    Primary responsibilities are to produce and analyse defined daily trading P&L, verify the values of the positions held by the trading desks and substantiate TSL and other trading related trial balance balances. Controllers are expected to develop a good understanding of the products they monitor and of the strategies used by the trading desk to generate revenue. Also responsible for maintaining a control framework that allows for review and oversight of production by junior team members. This includes, but is not limited to, the following major tasks:

    Reporting of Daily, Monthly & Year to Date Trading P&L and Balance Sheet for assigned desks as well as P&L attribution and commentary.

    Controllers will be responsible for conducting an independent review of the valuation of the bank's trading positions, together with other related tasks on a periodic basis. This includes challenging trader inputs into inventory pricing as well as incremental assessment of less observable inputs.

    On T+1, Controllers will conduct system analysis to ensure that the booking of the trades in the relevant systems enables the appropriate reporting of the economics & risks of these trades.

    Balance sheet substantiation and review.

    Manage small projects as required to deliver process improvement and or efficiencies.

    What do you need to succeed?

    • Bachelors Degree or equivalent in a quantitative discipline such as Accounting or Finance or Maths related
    • Accountancy qualification or equivalent experience
    • Experience in a Product Control or similar role, preferably with FX and or IRS experience
    • Great organisational and time management skills
    • Excellent communication skills
    • Strong numerical and analytical skills
    • Aptitude to learn and grasp accounting concepts and financial products
    • Demonstrable ability to innovate, support change and problem solve
    • Collaborative nature to contribute to a successful team performance
    • Competent user of Microsoft Office – in particular, Microsoft Excel
    • Preferably some BI or SQL skills
    • Maintain transparent communication to provide clear direction to the team
    • Empower individuals to take responsibility for their goals
    • Coach, mentor and develop the team in a positive and constructive manner

    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 (increasing with service)
    • 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 – and we will be happy to help.