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Muni Product Controller, Vice President

Mizuho
Posted 2 months ago, valid for 10 days
Location

New York, NY, US

Salary

$115,000 - $200,000 per year

Contract type

Full Time

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Sonic Summary

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  • The Municipal and Structured Finance Product Controller is responsible for accurate profit and loss (P&L) reporting and balance sheet validation for the Municipal Fixed Income trading desks.
  • Candidates should have at least 5 years of Product Control experience, specifically with Municipal securities, and possess a strong understanding of accounting principles.
  • The expected base salary for this position ranges from $115,000 to $200,000, depending on various factors including skills and experience.
  • In addition to salary, the role offers a generous benefits package and eligibility for a discretionary bonus.
  • Mizuho Financial Group, Inc. is a leading global bank, providing a wide range of financial services across multiple regions.

Summary:

The Municipal and Structured Finance Product Controller ensures accurate profit and loss (P&L) reporting and balance sheet validation for the Municipal Fixed Income trading desks. This position acts as the primary control partner to Front Office trading, Risk Management, and Financial Accounting.

Essential Job Duties:

  • Work closely with front office personnel in producing daily, weekly, and monthly P&L results and analysis.

  • Investigate and resolve P&L discrepancies arising from incorrect booking of trades, missing deals, system errors, or valuation issues.

  • Liaison with various areas within the firm (e.g., Front Office, Operations, Technology, Middle Office, and Market Risk)

  • Continue developing and improving the Internal Control environment through critical evaluation of current controls and processes and utilization of best practice.

  • Complete the month end closing process for balance sheet reconciliation and substantiation.

  • Ad hoc requests from the desk

  • Drive process and system improvements through participation in various project initiatives.

  • Assess new trades for appropriate valuation, accounting treatment, and disclosure in the financial statements.

Qualifications:

  • 5+ years of Product Control experience –Experience with Municipals securities required.

  • Deep product knowledge of municipal bonds, structured municipal finance, and tax-exempt markets.

  • Strong understanding of accounting principles including Available for Sale (AFS)

  • High attention to detail

  • Adaptive person and collaborator

  • Strong analytic and critical thinking skills

  • Strong interpersonal and communication skills; the ability to clearly articulate ideas

  • Accounting or Finance degree required. CPA a plus.

The expected base salary ranges from $115,000 - $200,000. 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, including Medical, Dental and 401K plans, successful candidates are also eligible to receive a discretionary bonus.

#LI-Hybrid

Other requirements

Mizuho 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 Overview

Mizuho 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 www.mizuhoamericas.com.​​

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-MIZUHO




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By applying, a Sonicjobs account will be created for you. Sonicjobs's Privacy Policy and Terms & Conditions will apply.

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