Financial Regulatory Reporting VP

Mizuho•New York, NY

3d•Hybrid

About The Position

The Financial Regulatory Reporting VP role is part of the Mizuho Americas Finance team, responsible for preparing regulatory filings for multiple entities within Mizuho US operations. This is a hybrid position, requiring an average of two to three days per week in a Mizuho office, with the remainder worked remotely. The primary responsibility is to accurately and timely prepare or review assigned regulatory reports in accordance with US GAAP and regulatory authority instructions. The role requires working knowledge of financial accounting, regulatory reporting, the financial industry, and its products. The VP will support the team leader of the governance function for regulatory reporting, coordinating the Regulatory Reporting Governance Committee and Interpretation Forum, and managing communications with external parties. This role is responsible for regulatory reports across all entities under the Combined US Operations.

Requirements

Minimum 7 - 10 years of experience in financial reporting, regulatory reporting, or related field in banking industry.
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
Support for the governance function of the regulatory reports, which includes development of trainings, and coordination of Regulatory Reporting Governance Committee, Interpretation Forum, handling communication with outside of reporting production team ( e.g. Internal Auditor, Quality Assurance, and FRB) and Change Management Forum
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