TheMBSCC Trade Assignments Specialist/MBS Allocator(Fixed Income Middle Office)is responsible foraccurateandtimelyprocessing of MBSCC trade assignments for Agency MBS TBA activity, ensuring that executed trades are correctlyallocatedand assigned for DTCC MBSCC processing from trade date through settlement. This role partners closely with Trading, Sales, and Settlements/Operations to manage MBSCC matching/affirmation,monitorexceptions, and resolve DKs/unmatched items while adhering to market cutoffs and internal controls.
Monitor DTCC MBSCC for trade matching/affirmation; work exception queues and resolve unmatched, DK, and un-compared items efficiently, coordinating with counterparties and internal stakeholders.
Provide trader support including trade entry and capture; confirm trade economics and required identifiers (e.g., counterparty, broker, settlement date, pool details where applicable) to ensure trades are assignment-ready for MBSCC processing.
3-7+ years of experience in Agency MBS (TBA and specified pools) middle office, trade support, allocations, or related operations.
Strong understanding of the MBS trade lifecycle, including TBA settlement conventions, allocations/assignments, pair-offs, rolls, pool assignment processes, and fails/claims.
Hands-on experience with DTCC MBSCC trade assignments and processing (matching/affirmation, netting/obligations, and exception queues) anddemonstratedability to resolve unmatched/DK/un-compareditems quickly.
Strong systems aptitude with hands-on experience using ION, Bloomberg, MBSE and Impact to support trade capture, allocation workflows, and reconciliations
Clear written and verbal communication skills with the ability to partner across Trading, Sales, Settlements, and Technology.
The expected base salary ranges from $82,000 - $135,000. Salary offers are based on a wide range of factors including relevant skills, training, experience, education, and, where applicable, certifications and licensesobtained. Market and organizational factors are also considered. In addition to salary and a generous employee benefits package, successful candidates are eligible to receive a discretionary bonus.
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 Americasoffers 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