Trade and Transaction Reporting - Assistant Vice President

Profile Summary

The Operations department works in partnership with the multiple business lines in Front Office, providing pre/post trade support for transactions executed in the primary and secondary markets for Fixed Income, Equities, Structured, Financing and Derivative markets.

Operations plays a key role in delivering an optimal, full-spectrum service for all clients supporting functions including Middle Office, Collateral Management, Client On-boarding, Settlements, Cash Management and Control. This requires members of staff to develop a wide range of understanding of the businesses and an appreciation of the end-to-end processes supporting the life cycle of a transaction.

In addition to core responsibilities, Operations support new business proposals, regulatory change and general initiatives to improve the way the department operates.

Duties and Responsibilities

Responsible for ensuring that MHI, MHBK and MBE meet reporting obligations. The role specifically requires a working understanding and knowledge of Regulatory Reporting requirements framework across MiFID, EMIR & preferably SFTR. 

Daily Responsibilities – MIFID: 

• To act as an SME regarding Regulatory obligations under MiFID II


• Daily monitoring to ensure Trade & Transaction Reporting (FCA) has been instructed correctly and within regulatory deadlines and reconciles to our books and records.


• APA reporting: Real-time monitoring of the Trax/Bloomberg/TradeEcho MiFID II Trade & Transaction Reporting GUIs.


• Exception management on BAU to ensure regulatory deadlines are met.


• Complete daily Reconciliations for MiFID II reporting 


• Monitor daily Real-time MiFID II potential clearing breaches; escalate to FO/line manager if necessary.


• Standardise any operations tasks and embedded into the consolidated Trade & Transaction Reporting procedure.

Daily Responsibilities – EMIR:

• To act as an SME regarding Regulatory obligations under EMIR 


• Operations Oversight of Message Automation and DTCC dashboards


• Remediation & Resubmission of any daily transaction / collateral update / collateral re-use rejections within the Regulatory deadline


• Resubmission of any EMIR Transactions to the TR on the back of the reconciliations (CDW vs UnaVista & Pairing & Matching)


• Complete daily Reconciliations for EMIR reporting 


• Trade Repository Reconciliation against EMIR eligible counterparties for Pairing


• Monitor daily Real-time EMIR potential clearing breaches; escalate to FO/line manager if necessary.


• Standardise any operations tasks and embedded into the consolidated Trade & Transaction Reporting procedure.


• Some experience of SFTR would preferrable

Change Management Responsibilities:

RGCT is responsible for identifying regulatory updates and new implementations, managing Trade & Transaction remediation projects impacting Mizuho offices and branches within the UK/EMEA region; this includes ensuring the robustness and continuity of the existing reporting processes. RGCT's remit extends to being part of a wider Cross Working-Group to prioritise, plan, oversee, and ensure the accurate and timely deployments of the respective projects - with both short and longer-term time frames.

• Involvement with Regulatory Project work as required for MIFID II/EMIR SFTR


• Liaise with IT/Legal/Compliance to implement various tactical & long-term strategic solutions in the reporting framework.


• Raising JIRA’s providing detailed analysis

Qualifications, Skills and Experience

• Working T&TR experience with an emphasis on MiFID (primary) EMIR (primary) SFTR (secondary).


• Sound understanding of all products in scope of the above regimes.


• Good knowledge of the MiFID/EMIR/SFTR regulations


• PC skills including Excel (Intermediate to advanced), Word and PowerPoint


• Desired experience using Message Automation, TRAX, DTCC, Unavista


• Demonstrable ability to innovate and support change.


• Strong analytical ability, problem solving skills and independent thinking.


• Strong communication and numeracy skills

What Mizuho Can Offer You

Here at Mizuho, there are fantastic progression opportunities and clear paths to promotion. We will give you ample opportunity to affect change and to help grow our business.

In addition to the great opportunity outlined above we are also currently able to offer:

• Competitive starting salary, plus discretionary bonus


• Non-contributory pension


• 27 days’ annual leave


• Core working hours*


• Hybrid working - office and home based*


• Virtual GP


• Wellbeing benefits, including Mental Health Allies and First Aiders

*For applicable roles only

At Mizuho, we embrace flexible ways of working when the role permits. We offer different working arrangements like part-time, job-sharing and hybrid (office and home) working. Our purpose-led culture and global infrastructure help us connect, collaborate, and work together in agile ways to meet all our business needs.

We are committed to supporting equality and diversity, and seek to create a workplace that is fully inclusive. We welcome applications from all sections of the community that we operate in and from all ethnic backgrounds, sexual orientation, beliefs, gender identities and disabilities

If you require more information about our equal opportunities policy or wish to discuss any accessibility requirements or reasonable adjustments please contact the recruitment team – [email protected] and we will be happy to help.