Assistant Vice President, HK Market Risk Management Group
Mizuho Bank, Ltd Hong KongAssistant Vice President, HK Market Risk Management Group
Company Overview
Mizuho has a long-term commitment to the Hong Kong market. With strong ties to Mizuho’s global network and a workforce of over 600 staff in Hong Kong, we are able to help corporations in Hong Kong to expand their business worldwide. Our clients primarily comprise Japanese and non-Japanese corporations (including those domiciled in the PRC), financial institutions, and government and quasi-government organizations. We provide a full spectrum of corporate banking services to our customers including syndicated loans, treasury, transaction banking, financial advisory, project finance, merger and acquisition, leveraged finance, and structured finance.
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 is 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
HK Market Risk Management Group - Information and System Team. This team is under Risk Management Group with supporting the program development and maintain inventory as well as prepare program documents and user manuals inside the section. In addition, some routine tasks with related to Market and Liquidity Risk monitoring is also assigned to the team for supporting.
Role requirements
Quant / Risk Analytics Responsibilities
- Risk analytics & methodology support
- Analyse and interpret VaR, sensitivities, and stress testing results, including key drivers and unusual movements
- Support refinement of assumptions, thresholds, and monitoring metrics to improve risk oversight and explainability
- New product / business initiative risk assessment
- Support risk identification and assessment for new products and material business changes
- Coordinate and perform Market and Liquidity Risk checks (e.g., product eligibility, risk metrics, model/data readiness, control requirements) and document outcomes
- Model / system validation & testing (quant-led)
- Prepare and execute validation checks and UAT for model/system changes (e.g., curve updates, valuation methodology changes, limit/stress enhancements)
- Design test scenarios and test cases focused on risk logic, reasonableness checks, and control completeness; document results, track issues, and follow up until closure
- Regulatory & governance support
- Regular reporting & committee materials
IT / EUC Development (Supporting Role Only)
- Provide light development support for existing tools (Excel/Python/VBA) to automate data checks and reporting, including basic self-testing and documentation.
- Design, develop, and test in-house EUC tools/applications based on user requirement specifications (as needed).
- Support end-of-day (EOD) closing operations (as required).
- Monitor and support EUCs in production, including troubleshooting and performance improvements.
Essential Functions
- To perform assigned tasks in a correct and timely manner;
- To monitor and make recommendations for process improvement.
Competencies
- We are looking for an individual who has mind-set to initiate changes and improvements for higher productivity/performance;
- Makes practical scheduling and time management to complete deals/tasks before deadline;
- Proactively acquires necessary knowledge through day-to-day work through training.
Work experience, education and skills
- Bachelor's Degree Holder, preferably with CFA holder;
- At least 3 years' experience in risk management and having knowledge on Treasury Products;
- Familiar on Microsoft office, MS SQL, VBA, C+ etc;
- Good command of written and spoken English, Cantonese and Mandarin.
Application
Employment of the in-scope positions are subject to Mandatory Reference Checking Scheme (MRCS) as per regulatory requirement. For details, please refer to (Mandatory Reference Checking Scheme Phase 2 I The Hong Kong Association of Banks).
Please state your current and expected salary on your CV when you submit your application.
Mizuho Bank Limited
Mizuho Bank, Ltd. in Hong Kong is an integral part of the Japan-based Mizuho Financial Group, Inc. (NYSE: MFG). The Mizuho group is a global financial services leader with offices in 35 countries, approximately 52,000 employees, and assets of almost USD 2 trillion. Mizuho provides expertise in retail banking, corporate finance, investment banking, asset management, capital markets, and sales and trading, to help businesses develop and find new opportunities for growth. To learn more: www.mizuhogroup.com
Mizuho’s People Philosophy
The Mizuho People Philosophy serves as the guiding standard for embodying Mizuho’s Corporate Identity. It establishes the fundamental philosophy for the ways we support people within Mizuho, based on our belief that our people’s growth and fulfillment are essential to achieving our corporate goals. Mizuho is committed to:
- Supporting the professional growth of people
- Recognizing people who promote Mizuho’s Values
- Fostering an inclusive culture where everyone can thrive as their true selves
The full text for the Mizuho People Philosophy can be accessed via this link: https://www.mizuhogroup.com/sustainability/social/employees
Personal data collected will be kept in strict confidence, and will be used for recruitment purpose only.