Financial Regulatory Reporting - AVP

Mizuho•New York, NY

2d•Hybrid

About The Position

The Financial Regulatory Reporting team is responsible for preparing regulatory filings for multiple entities within Mizuho US operations, reporting to the Mizuho Americas CFO. This is a hybrid position, requiring the selected colleague to work in a Mizuho office an average of two to three days per week, with the remainder worked remotely. The primary responsibility of this position is to accurately and timely prepare assigned regulatory reports in accordance with US GAAP and instructions from regulatory authorities. This requires a working knowledge of financial accounting and regulatory reporting, as well as an understanding of the financial industry and its products. The position is also expected to support the supervisor with the governance function of regulatory reports, which includes coordinating the Regulatory Reporting Governance Committee and Interpretation Forum, and managing communication with parties outside the reporting production team. The role will be responsible for regulatory reports across all entities under the Combined US Operations.

Requirements

Minimum 5 - 7 years of experience in financial reporting, regulatory reporting, or related field.
Proficiency with Microsoft Excel, PowerPoint, and Word
Working knowledge of regulatory reporting or financial reporting (US GAAP) and ability to setup workpaper from ground up with proper EUC controls
Working knowledge of financial products (e.g. loans, deposits, securities, derivatives, money market products, repos etc.)
Strong ability to handle multiple tasks to cover both production and governance

Nice To Haves

Bachelor’s degree in Accounting major is preferred.
Advanced degree or professional certifications (e.g. CPA, CFA or equivalent) is preferred.
Experience in Regulatory Reporting tools such as Axiom is preferred.
Experience in BI tools such as Alteryx or Power Bi is preferred.

Responsibilities

Prepare or review daily/weekly/monthly/quarterly/annual and ad-hoc regulatory reports including, but not limited to, Federal Reserve reports (e.g. FR Y-15, FR Y-9C, FFIEC 031, FFIEC 002, FFIEC 009, FFIEC 019, FR2644, and FR2900,), Department of Treasury reports (TIC Reports), and Department of Commerce reports (e.g. BE-605, BE-15, and BE-125) with the ability to interpret the relevant regulatory instructions
Reconcile reporting data to GL, validation of static data and perform variance analysis
Assist in the governance function of the regulatory reports, which includes development of trainings, coordination of Regulatory Reporting Governance Committee, Interpretation and Change Management Forums, handling communication with outside of reporting production team (e.g. Internal Auditor, Quality Assurance, and FRB)
Monitor and ensure that changes in the reporting instructions and accounting standards made by the regulatory authorities are incorporated within the reports submitted
Maintain and update procedure documentations related to new and existing regulatory requirements to ensure firm’s compliance
Keep track of each assigned tasks and projects, and meet each deadline
Coordinate with multiple stakeholders across organization
Support management and team members