Job Description Summary:
The primary responsibility of the position is to prepare assigned regulatory reports in an accurate and timely manner in accordance with US GAAP and instructions from regulatory authorities, which requires in–depth knowledge of financial accounting and regulatory reporting, as well as understanding of the financial industry.
The position will be responsible for regulatory reports across all entities under the Mizuho Bank Holding Company (BHC) or Combined US Operations.
Principal Duties and Responsibilities:
1) General:
Prepare monthly/quarterly/annual and ad-hoc regulatory reports including, but not limited to, Federal Reserve reports (e.g. FR Y-15, FR Y-9C, FR Y-9LP, FFIEC 031, FR2644, and FR2900,), Department of Treasury reports (TIC Reports), and Department of Commerce reports (e.g. BE-605, BE-15, and BE-125)Reconcile reporting data and perform variance analysisEnsure that changes in the reporting instructions made by the regulatory authorities are incorporated within the reports submittedCalculate Risk Weighted Assets under US Basel III across all legal entities under the BHCCoordinate with multiple stakeholders across organizationSupport management and team members2) Administrative:
Prepare assigned reports to regulatory authorities with accurate financial information and in a timely manner, and maintain back-up supporting documentsPrepare variance analysis for reports assigned, and understand the background of figures changedMaintain up-to-date knowledge of financial/regulatory reporting requirements, as well as pertinent accounting standard changes within the regulatory reporting framework, and propose solutions as neededInteract with management, and various regulators for inquiries and surveysPromote assigned tasks and projects with minimum supervisionProvide back-up support to other staff members, and train junior staff as neededPerform other duties as assigned3) Policy:
Review and update the internal procedures for reports assignedCreate new policies and procedures as necessary4) Technical Skills Required:
MS-Excel (Strong), MS-PowerPoint (intermediate), MS-Access (basic), MS-Power BI (basic)5) Management Responsibilities:
Keep track of each assigned tasks and projects, and meet each deadlineMinimum Job Requirements or Experience:
Bachelor’s degreeExtensive knowledge of regulatory reporting, including calculation of Risk Weighted AssetsIntermediate knowledge of financial products (e.g. loans, deposits, securities, derivatives, money market products, repos etc.)Minimum 5 years of experience in product control, financial accounting, regulatory reporting area or Big 4 Accounting firm, experiences in banking is preferableExperience in preparation of FR Y-15 is preferred but not requiredExperience in regulatory reporting automation project is a plusUS CPA, CFA or equivalent license is required Required to work overtime or during weekend when workload is heavyCompany Overview
Mizuho Americas is a leading financial institution comprising several legal entities, which together offer clients corporate and investment banking, financing, securities, treasury services, asset management, research and more. Mizuho’s operations in the Americas connect a broad client base of major corporations, financial institutions and public sector groups to local markets and a vast global network. Mizuho Americas is an integral part of the Japan-based Mizuho Financial Group, Inc. (NYSE: MFG), which is comprised of offices in nearly 40 countries, approximately 60,000 employees, and assets of more than USD 1.8 trillion. Learn more at mizuhoamericas.com.
Mizuho Bank Ltd. offers 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 perform pre-employment substance abuse testing.
#LI-MIZUHO