Operational Risk, AVP / VP

Company: Mizuho
Location: New York
Posted on: September 19, 2023

Job Description:

Americas Risk DepartmentThe Americas Risk Department, as a 2nd line of defense organization, provides common risk management oversight and services to all businesses and legal entities across Mizuho U.S. Operations (MUSO). Effectively and efficiently managing risk on a consistent and holistic basis across all our businesses is critical to Mizuho's success in the Americas as well as a regulatory imperative. The Operational Risk Management (ORM) Team is building repeatable, sustainable operational risk capabilities across the enterprise. We are looking for an experienced Operational Risk Analyst to join our team to help design and deploy a common ORM framework and drive a consistent risk management approach in the 1st line of defense to identify, assess, manage and report operational risks across Mizuho's lines of business. Principal Duties and Responsibilities

• Drive a consistent approach to identify, assess, manage and report operational risk events, assessment issues and key risk indicators moving from a qualitative to a quantitative risk management model
• Assist with implementation of Risk Control Self-Assessment program and review results conducted by the 1st line to assess whether the proper risks are identified and to verify the effectiveness of the control environment
• Assist in the deployment of Archer as the enterprise Governance Risk & Compliance (GRC) ORM solution
• Implement operational risk reporting solutions that are relevant, impactful, timely and user friendly; automated where possible
• Develop risk analytic capabilities to track risk trends and identify emerging risks in the environment
• Aggregate Non-Financial Risk Committee (NFRC) materials and take minutes
• Conduct deep dives/risk assessments/gap analyses and document findings
• Prepare presentation materials for Mizuho leadership, business partners and regulators
• Partner with Key Risk Officers monitoring the various operational risk stripes to provide oversight and credible challenge of the 1st line control environment
• Collaborate with the business to develop Key Risk and Key Performance Indicators covering the non-financial key risk domains defined in the ORM framework
• Track remediation plans on material risk events and issues to ensure control gaps are closed
• Maintain non-financial key risk management policies and standards
• Gain a deep understanding of the business' needs and identify opportunities to strengthen the control environment
• Raise awareness in the business lines of the importance of strong risk management practices and the need for effective controls
• Balance operational risk requirements with the need for efficient business operations
• Remain current with industry operational risk trends and regulatory areas of focus
• Contribute to and participate on various operational risk governance forums Qualifications
  • Eligible to work in the US
  • Bachelor's degree
  • High motivated, self-directed individual with the ability to work independently
  • Strong project management capabilities with ability to multi-task
  • Financial services industry experience
  • 2+ years of risk management, compliance, or audit experience desirable
  • Practical knowledge of risk reporting and development of key risk indicators
  • Strong analytical, problem solving, and decision making skills
  • Excellent interpersonal and communication skills
  • Working knowledge of Archer is a plus, but not required
  • Knowledge of regulatory requirements for the financial services industry
  • Collaborative team player and relationship builder
  • Exemplary business ethics
  • Excellent Microsoft Office skills The expected base salary ranges from $110,000 - $130,000. Salary offers are based on a wide range of factors including relevant skills, training, experience, education, and, where applicable, certifications and licenses obtained. Market and organizational factors are also considered. In addition to salary and a generous employee benefits package, successful candidates are eligible to receive a discretionary bonus. Other requirementsMizuho has in place a remote working program, with varying opportunities for remote work depending on the nature of the role, needs of your department, as well as local laws and regulatory obligations. Company OverviewMizuho 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 Americas 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.

Keywords: Mizuho, New York , Operational Risk, AVP / VP, Accounting, Auditing , New York, New York