Jobs

Interbank Dealer

Interbank Dealer

Mizuho Amsterdam

What is required?

  • HBO Bachelor degree Economics/Finance or master degree Economics/Finance;
  • Knowledge of financial products: foreign exchange, money market, derivatives, and securities
  • Advanced skills in Excel
  • Proficiency in using Reuters and Bloomberg
  • Skilled in management and strategy
  • Excellent command of the English language, both verbally and in writing
  • Innovative, compliant, and solution-oriented

What will you get?

  • €70K - €80K gross p/y (depending on knowledge and experience) including 13 th month and holiday allowance
  • Annual bonus
  • 37,5 hour working week (flexible working hours)
  • Possibility to work flexible and remote
  • 30 vacation days (based on fulltime employment)
  • Option to buy or sell leave annually
  • Technical and professional training possibilities
  • 100% company paid defined contribution pension plan
  • Global employee mobility plan
  • Unique opportunity of working in a dynamiac international and multicultural environment and being part of one of the largest financial institutions of the world

What will you do?

  • 30% Managing transactions
  • 20% Controlling asset liability
  • 20% Promoting business and relationships
  • 15% Facilitating internal communication
  • 15% Liaising with stakeholders

This vacancy has been created based on interviews with employees to help you get a realistic preview of the job.

Vacancy

As an Interbank Dealer at Mizuho, you execute foreign exchange (FX), money market (MM), derivatives (including interest rate swaps and currency swaps), and securities transactions. You will handle interbank transactions, all within the limits and conditions set by the Head Office or Management. Your role is to navigate the financial landscape, facilitating transactions, and complying with financial regulations.

In addition to this, you will be in charge of promoting treasury business for customers. You will build relationships and develop new business opportunities, extending offerings for FX, loans, time deposits, and derivatives. Your responsibilities also include administrative work related to the Treasury Business, managing customer transactions, and handling payment-related services.

When it comes to Asset Liability Management (ALM), you will control the Nostro Account, Money market, FX, and liquidity positions. You will approve deals and related documents, monitor treasury regulations, and prepare applications for the Head Office. Your keen understanding of the balance between assets and liabilities will help manage risk and ensure financial stability.

You will be part of a six-member Treasury Department team, working closely with both customer dealers and interbank dealers. In this cooperative and focused team, your contribution is highly valued and your influence can make a real impact. This role is a unique opportunity to leverage your existing expertise and further develop your skills in an international banking environment.

If you like immersing yourself in banking intricacies and thrive on dealing and market action, and find it challenging yet rewarding to strictly adhere to regulations, then this is the job for you.

Working week

Interbank Dealer

On an enjoyable day, you spend your time understanding banking products, dealing with financial transactions and closely following market movements.

On a less enjoyable day, you might be tasked with interpreting complex regulations and ensuring that all transactions strictly comply with the. This is a process that can be intricate and rigorous.

  • 09:00
  • 10:00
  • 11:00
  • 12:00
  • 13:00
  • 14:00
  • 15:00
  • 16:00
  • 17:00
    • Reading and replying to mails
    • Developing and enhancing product offerings for customers
    • Developing customer relationships and business
    • Checking treasury-related regulations
    • Lunch
    • Executing customer/interbank transactions
    • Reading and responding to mails
    • Reviewing and assessing risk impact on balance sheet
    • Promoting business and relationships
    • Lunch
    • Reviewing and updating Nostro accounts
    • Meeting with stakeholder
    • Reading and responding to mails
    • Controlling money market, FX and liquidity positions

Firsthand experience

You're confronted with the challenge of introducing a new financial product for customers, as part of the bank's growth strategy. How do you proceed?

In addressing this situation, the first step is to conduct thorough research on the proposed product, understanding its potential impacts on the company's balance sheet and operations. You'll leverage your financial acumen to analyze the product's potential benefits, risks, and market viability. This rigorous investigation helps to anticipate any complexities or challenges that could arise from the product's introduction.

The next step is to collaborate closely with the risk department. This teamwork is crucial to ensure that any potential risks associated with the new product are identified, measured, and managed. You'll work together to formulate risk mitigation strategies, ensuring the new product aligns with the bank's risk appetite and regulatory compliance requirements. By effectively managing these processes, you'll contribute to the successful and sustainable growth of the bank.

Growth

The goal of Mizuho Bank Europe is that employees have the right skills, knowledge and attitude to drive results they need to achieve. Their key principle is that trainings should be accessible to anyone and contribute to their strategic business goals. Because of that, employees are allowed to follow a study or training in a relevant field. Additionally, Mizuho promotes internal and international vacancy's so employees can move from one department to another.

Interbank Dealer

Working at Mizuho

Mizuho Bank Europe N.V. (MBE) is a fully-licensed bank incorporated in the Netherlands and supervised by De Nederlandsche Bank (DNB) and the Autoriteit Financiële Markten (AFM). With over 45 years of experience providing financial services to Japanese and non-Japanese customers in the region, Mizuho has developed a solid client base and expertise throughout the European single market - with a focus on the markets in the Benelux, Iberia, and Central & Eastern Europe - using their EU Banking Passport.

  • Based in Amsterdam (Zuidas)
  • 124 employees in the Netherlands
  • Over 65.000 employees worldwide
  • 45% / 55%
  • Average age 33 years
  • Possibility to work flexible and remote
  • Business casual

Interesting job?