Regulatory Reporting Quality Assurance, AVP or Junior VP

Job Description

Quality Assurance Unit:

The Quality Assurance Unit is responsible for enhancing the integrity of the bank regulatory reporting processes, reporting data quality as well as the overall control environment through performing periodic and on-going assessments of the accuracy, completeness and timeliness of financial regulatory reports submitted to the U.S. bank regulators. The Unit also partners with stakeholders across multiple functions to identify opportunities for process and control enhancements.

Summary:

This position is primarily responsible for testing and validating multiple regulatory reports to ensure that reports are prepared in accordance with regulatory reporting instructions, guidance, regulators expectations, and industry best practices, and communicating issues and enhancement opportunities to senior management. In addition, this position supports management with regulatory exams as well as interim status updates with the regulators. This includes reviewing materials provided to the regulators and coordinating across multiple departments to prepare presentation materials.

This position requires expertise in both financial reporting and risk assessment, process and control design pertaining to financial institutions, and experience in managing projects.

Core Responsibilities:

• Leads assessment of processes and controls across the Functional areas, improve efficiency and strengthen controls to enhance overall control environment. Assess key metrics to ensure operational effectiveness.

• Assist with the planning, execution of Mizuhos quality assurance program. Operate independently of the day-to-day regulatory report testing and validation processes for the completeness and accuracy of regulatory reports, in accordance with regulatory reporting instructions, guidance, expectations, and industry best practices; Testing procedures include risk ranking, data analysis/ profiling, transaction testing, control testing and conformance review

• Monitor, escalate and report issues to management or other relevant stakeholders on a periodic basis

• Interact with various business areas for potential enhancements to the end-to-end regulatory reporting process

• Maintain up-to-date knowledge of financial and regulatory reporting requirements and offer recommendations to enhance controls and processes to ensure accuracy and completeness of Mizuhos regulatory filings

• Solve other relevant issues that may arise on an ad-hoc basis and participate in other departmental projects as assigned by management

• Validate control related issue remediation

Qualifications:

• Bachelor' s degree

• CPA or CFA, FRM certification preferred

• 8 or more years of relevant experience at a large and complex financial institution in performing financial and/or regulatory reporting, regulatory reporting quality assurance, or internal audit

• Expert knowledge of process and control design, including process mapping and process reengineering

• Knowledge of financial accounting including relevant US GAAP for the financial services industry

• Knowledge of a wide range of financial and banking products

• Excellent analytical and verbal/written communication skills

• Detail oriented, good workpaper documentation

The expected base salary ranges from $85, 000 - $145, 000. Salary offers are based on a wide range of factors including relevant skills, training, experience, education, and, where applicable, certifications and licenses obtained. 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.

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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.

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Equal Opportunity Employer - minorities/females/veterans/individuals with disabilities/sexual orientation/gender identity

Minimum Salary: 0.00 Maximum Salary: 0.00 Salary Unit: Yearly