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:
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
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.
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.