Mark Velez

Securities finance leader with 19 years of experience across Mizuho Bank and Morgan Stanley spanning securities lending, repo, fixed-income financing, collateral management, trading support, institutional client strategy, and risk management. Managed a $150B+ securities lending portfolio and approximately $10B in government securities/repo activity. Experienced in structuring financing solutions, optimizing asset allocation, negotiating MSLA/GMSLA agreements, expanding counterparty relationships, and translating market conditions into commercial opportunities.

Vice President - Securities Lending & Finance at MIZUHO BANK (USA) (2016 – 2026)

• Managed a $150B+ securities lending portfolio, overseeing asset allocation, counterparty strategy, collateral considerations, and market-driven financing decisions.
• Designed and executed securities lending and financing strategies to optimize asset allocation, improve portfolio returns, maximize trading profitability, and align collateral availability, counterparty requirements, balance-sheet considerations, and client objectives.
• Oversaw approximately $10B in government securities/repo activity using tri-party financing and collateral management systems.
• Developed broker/dealer and counterparty relationships to secure significant loan balances and generate additional business opportunities; strengthened balance sheets and enhanced lending income across client portfolios.
• Created marketing and client presentations and presented quarterly and annual securities lending reviews covering global lending strategies, revenue trends, operational trade flows, legal requirements, and strategic opportunities.
• Produced monthly market commentary for Japanese institutional clients, providing insights into market conditions and securities finance opportunities.
• Negotiated MSLA and GMSLA agreements with Legal and counterparties to establish and expand trading relationships; conducted business impact analyses supporting regulatory compliance, risk management, and business continuity.

Associate - Repo Trading Assistant at MORGAN STANLEY (2007 – 2016)

• Managed the middle-office trade support team for the Fixed Income Repo Trading Desk.
• Provided funding desks with accurate cash and inventory projections to support intraday and long-term funding objectives.
• Reviewed, identified, and monitored operational risk across daily financing activity, including bilateral repo and tri-party structures.
• Executed repricing, reconciliation, substitution, rollover, and margin-call processes for repurchase agreements; performed trade reconciliation across GCF and GSCC activity.
• Resolved trade-settlement issues, breaks, and DKs while coordinating with brokers, clients, traders, and sales to maintain accurate trade information.

Bachelor of Science – UNIVERSITY AT ALBANY, SCHOOL OF BUSINESS (2007)