Market Risk - Model Validation

Mizuho Global Services Pvt Ltd (MGS) is a subsidiary company of Mizuho Bank, Ltd, which is one of the largest banks or so called ‘Mega Banks’ of Japan. MGS was established in the year 2020 as part of Mizuho’s long-term strategy of creating a captive global processing centre for remotely handling banking and IT related operations of Mizuho Bank’s domestic and overseas offices and Mizuho’s group companies across the globe.

At Mizuho we are committed to a culture that is driven by ethical values and supports diversity in all its forms for its talent pool. Direction of MGS’s development is paved by its three key pillars, which are Mutual Respect, Discipline and Transparency, which are set as the baseline of every process and operation carried out at MGS.

What’s in it for you?

o Immense exposure and learning

o Excellent career growth

o Company of highly passionate leaders and mentors

o Ability to build things from scratch

Know more about MGS :

https : / / www.mizuhogroup.com / asia-pacific / mizuho-global-services

Job Category : Risk Management

Shift : Morning Shift

Job Title : Model Risk Management

Job Description

Quantitative & qualitative analysis in model validations for pricing & risk measurement models

Communication & collaboration with internal & external stakeholders

Model validation documentation and reporting to stakeholders & approvers

Model risk management collaboration with other MHSCG Entities, FG / BK / TB, and external parties

Support for new product reviews

Contribution to regulatory and audit responses

Automation of routine model risk management tasks

Other model risk management tasks in general

Background, Ability, and Knowledge & Skills

2-3 years of experience in the use or development of models in the financial industry

A graduate from a top-tier university, domestically or internationally, in fields such as physics or engineering, or an equivalent or higher level of education

Knowledge of financial products and financial markets

Basic knowledge of risk management in the financial industry

Knowledge and skills related to artificial intelligence technologies, with the ability to implement them

Willingness and ability to learn new knowledge and skills and apply them to work

[Preferred Qualifications]

Experience in financial markets as a trader, structurer, or quantitative analyst

Experience of working or living in a global environment

Research experience in a masters or doctoral program in a scientific field

Computer Skills

Proficient in using Excel and VBA p Able to create documents in English using LaTeX, Word, etc.

Capable of creating presentation materials using PowerPoint

Proficient in programming languages such as Python, SQL, C++, etc.

Skilled in utilizing generative AI as a user

Communication Skills

Able to read, write, speak, and listen in English at a business to native level

Capable of delivering presentations in English

Able to communicate logically and express ones thoughts without being overly concerned about the surrounding atmosphere

Address : - Mizuho Global Services India Pvt. Ltd,

11th Floor, Q2 Building Aurum Q Park, Gen 4 / 1,

Ttc, Thane Belapur Road, MIDC Industrial Area,

Ghansoli, Navi Mumbai- 400710.