G4 Macro Rates Desk Strategist - Analyst

This job is with Mizuho, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community. Please do not contact the recruiter directly.

Who are we?

We are not your typical financial institution. It’s our people who make us a cut above. Here, every person is respected because of their differences, not in spite of them.

We pride ourselves on a culture of purpose, passion and compassion. At Mizuho, we provide the stability of an international industry leader with the career trajectory of a growing business. Our steady, strategic growth gives our people at all levels rewarding degrees of responsibility and a richer work experience than a boutique firm or an established giant could offer alone.

Working for Mizuho opens doors not just to a rewarding career with excellent prospects, but to lasting friendships with colleagues from diverse cultures. It’s the local expertise of our employees that makes our global network so powerful. By collaborating with colleagues and clients who have your same ambition, you can amplify your sphere of influence and base of knowledge as part of one of the largest—and growing—banks in the world.

What is the opportunity?

Our Fixed Income Desk strategists provide dynamic, thought-provoking strategic insights for clients. This role will have a focus on G4 countries (US, EA, UK, JN) offering proactive and bespoke trade ideas and background analysis. You’ll report into the head of FICC Strategy and be part of an exciting team covering Rates and FX products that is intellectually curious, creative, analytical and passionate about markets. With the opportunity to speak on a regular basis with senior leaders, traders and sales at Mizuho as well as the World’s largest money managers and risk takers.

What will you be doing?

• Actively contribute to the Mizuho Macro strategy teams daily research activities (written research, idea generation and trade pitches).
• Follow all market-moving factors (economic, political, regulatory, debt issuance).
• Originate trade ideas and pitch to sales, trading and clients.
• Interact with clients via emails, instant messaging systems and meetings.
• Improve analytical tools for strategy, sales and trading.
• Build econometric models of various areas of global markets.
• Build and maintain rates relative value models, auction strategies and supply calendars.

What do you need to succeed?

• Graduated with a Bachelor’s degree in Economics, Finance or STEM (Science, Technology, Engineering and Math).

• Strong understanding of macro-economic trends, market risk factors and geopolitical developments with a genuine interest in developing a career in macro research.

• Exceptional communication skills, both oral and written to articulate complex concepts and trading strategy.

• Ability to work in a fast paced, high stakes environment with strong problem solving skills.

• High level of computer literacy and skills in data manipulation/presentation (MS Office).

• Coding skills and modelling experience in Python.

• An ability to carry out research without detailed supervision.

We’d love to see:

• Full time or internship experience in financial markets, ideally in research, portfolio management, trading, or market risk.

• A Master’s or PHD degree in Economics, Finance or STEM (Science, Technology, Engineering and Math).

• Previous experience with software packages such as Bloomberg or Macrobond.

• Previous exposure to financial products in the fixed income space.

• Familiarity with rates curves and RV models.

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.

At Mizuho we are committed to supporting equality, diversity and equality, 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 – recruitment@mizuhoemea.com and we will be happy to help.