Regulatory Reporting Quality Assurance, AVP / VP (Broker Dealer regulation) 

Mizuho Americas Services • New York, NY

217d • $91,000 - $185,000 • Hybrid

About The Position

The Quality Assurance Unit is responsible for enhancing the integrity of the regulatory reporting processes and reporting issues stem from data quality as well as the overall control environment through performing periodic and on-going assessments of the accuracy, completeness and timeliness of regulatory reports submitted to the U.S. regulators. The Unit also partners with stakeholders across multiple functions to identify improvement opportunities, implement process, and control enhancements for the regulatory reporting activities to keep abreast of the industry standards. This position is primarily responsible for execution of Mizuho's Regulatory Reporting Quality Assurance Program and providing additional line of defense for Mizuho Americas regulatory reporting. The position will assist the planning and execution of periodic reviews of regulatory reports to ensure that reports are prepared in accordance with regulatory reporting instructions and guidance, regulators' expectations, and industry best practices. The position requires wide breadth of expertise in various regulatory reporting, especially for broker dealer regulatory reports, as well as experience in managing projects and staff members.

Requirements

• Bachelor's degree.
• CPA or CFA or equivalent certification preferred.
• 5+ years of relevant experience at large and complex financial institutions in performing financial and/or regulatory reporting, regulatory reporting quality assurance or internal audit.
• Knowledge of broker dealer regulatory reporting especially FOCUS report.
• Knowledge of financial and banking products.
• Knowledge of financial accounting including relevant US GAAP for the financial services industry.
• Experience in project management and people management.
• Excellent analytical and verbal/written communication skills.
• Advanced proficiency in performing financial review and analysis using MS Excel.
• Operational knowledge in Axiom, Power BI, Alteryx or python preferred.
• Demonstrated ability to learn and apply new concepts quickly.
• Detail oriented, good workpaper documentation.

Responsibilities

• Conduct planning, execution of Mizuho's Regulatory Reporting Quality Assurance Program with various regulatory reports, especially broker dealer regulatory reports such as FOCUS, SSOI, OBS reports.
• Operate independently of the day-to-day regulatory report testing and validation processes for the accuracy and completeness of regulatory reports.
• Conduct investigations or perform research to drive conclusions on any questions brought up from the testing.
• Testing procedures include risk ranking, data analysis/profiling, transaction testing, control testing and conformance review; consolidate findings for QA Quarterly Report.
• Monitor and escalate issues to management or other relevant stakeholders on a periodic basis, monitor issue remediation status, drive issues to closure and validate issue remediations.
• Interact with various business areas for potential enhancements to the regulatory reporting processes.
• Maintain up-to-date knowledge of financial and regulatory reporting requirements, offer recommendations to enhance controls and processes to ensure accuracy and completeness of Mizuho's regulatory filings.
• Solve other relevant issues that may arise on an ad-hoc basis and participate in other departmental projects as assigned by senior management.

Benefits

• Medical
• Dental
• 401K plans
• Discretionary bonus

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Bachelor's degree