Bank Regulatory Reporting, Vice President at Mizuho Bank Ltd.

Posted in Finance 25 days ago.

This job brought to you by eQuest

Type: Full-Time
Location: New York, New York





Job Description:

Job Description Summary: 

The primary responsibility of this 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 financial instruments and business activities in the financial service industry.

The position will be responsible for regulatory reports across all entities under the Mizuho Americas LLC, a banking holding company (“BHC”).

Principal Duties and Responsibilities:

Successful candidates will be expected to take an ownership role in, or actively contribute to the following activities:

1) General:


  • Manage monthly/quarterly/annual and ad-hoc regulatory reports including, but not limited to, Federal Reserve reports (e.g. FFIEC 031, FR Y-9C, FFIEC 009 and potentially FR Y-15), Department of Treasury reports (e.g. TIC Reports), and Department of Commerce reports (e.g. BE-605, BE-15, and BE-125)

  • Reconcile reporting data and perform variance analysis

  • Ensure that changes in the reporting instructions made by the regulatory authorities are incorporated within the reports submitted

  • Coordinate with multiple stakeholders across organization

  • Support management and team members

2) Administrative:


  • Prepare / review assigned reports to regulatory authorities with accurate financial information and in a timely manner, and maintain back-up supporting documents

  • Manage variance analysis for reports assigned, and understand the background of figures changed

  • Maintain 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 needed

  • Interact with management, and various regulators for inquiries and surveys

  • Accomplish assigned tasks and projects with minimum supervision

  • Provide back-up support to other peer managers, and train junior staff as needed

  • Perform other duties as assigned

3) Policy and Procedure:


  • Implement enhancement and updates of internal procedures and manuals for reports assigned

  • Create new process manuals and document controls as necessary

4) Project Management:

  • Keep track of each assigned tasks and projects, and meet respective deadlines

5) Technical and Other Skills Required:


  • MS-Excel (advanced), MS-Word (advanced), MS-Access (intermediate) and MS-PowerPoint (intermediate)

  • Strong analytical and problem solving skills

  • Strong multi-tasking and time management skills

  • Strong interpersonal and verbal/written communication skills

Minimum Job Requirements or Experience:


  • Bachelor’s degree in accounting, finance or equivalent

  • Minimum 7 years of experience in financial accounting or regulatory reporting area, experiences in banking and securities brokerage industries are preferable

  • Minimum 3 years of experience in a supervisory role

  • Extensive knowledge of financial products (e.g. loans, deposits, securities, derivatives, money market products, repos and etc.)

  • U.S. CPA or equivalent certification is strongly preferred

  • Experience in system implementation is preferred 

  • Eligible to work in the U.S.

Company 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