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Mizuho · 1 month ago

VP Model Risk / Validation

NYC (1285)

Full-time

Hybrid

Senior Level

$138K/yr - $185K/yr

Mizuho is a leading provider of corporate and investment banking services, and they are seeking a Senior Model Validator to join their Model Risk Management Group. The role involves performing model validation of the Bank’s valuation models and ensuring compliance with regulatory policies.

BankingFinancial ServicesImpact Investing

Comp. & Benefits

H1B Sponsor Likely

Responsibilities

Provide independent review and validation of a variety of derivatives pricing models as well as their downstream usages such as risk factor sensitivity and XVA calculation

Evaluate the models based on various aspects including – model data and parameters, design and methodology, implementation and model documentation; perform model benchmarking by using alternate approaches; assess model assumptions and limitations

Verbally communicate validation results and discuss issues, challenges and methodologies with internal audiences including senior management

Support tracking of corrective action plans for models and ensure that they are closed appropriately

Engage in the entire model lifecycle; describe and support model validation outcome during model approval process

Work with model owners, developers and users to ensure models are operating within the framework of the Mizuho Americas Model Risk Management Policy

Qualification

Model validationDerivatives pricingStatistical analysisStochastic calculusProgramming skillsDatabase skillsRisk managementSR 11-7Financial Services experienceTechnical writingOral communication

Required

Advanced degree in a quantitative discipline

General knowledge of stochastic calculus, statistical analysis; derivatives pricing theory across one or more asset classes (IR/FX/Credit/Equity), traded products and market/credit risk

Industrial Financial Services experience performing one of the following; model validation, model development, risk management or related fields is a plus

Strong oral communication and technical writing skills

Strong programming and database skills

Understanding of SR 11-7 guidance on model risk management

Benefits

Medical

Dental

401K plans

Discretionary bonus

Company

Mizuho

This is not your typical financial institution. It’s our people who make us a cut above.

Tokyo, Tokyo, JPN

10001+ employees

https://www.mizuhogroup.com

H1B Sponsorship

Mizuho has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

Represents job field similar to this job

Trends of Total Sponsorships

2025 (49)

2024 (23)

2023 (43)

2022 (12)

2021 (10)

2020 (1)