Internal Audit - Compliance

About the Team

The Internal Audit Department Americas ("IADA") provides internal audit services to the branches, representative offices and agencies of Mizuho Bank, Ltd. in the Americas, and to Mizuho Americas ("Bank Holding Company") and its subsidiaries, collectively Mizuho U.S. Operations ("MUSO").  IADA’s mission is to act as an independent, objective assurance and consulting function, designed to add value and improve Mizuho Bank’s U.S. operations including derivative activities, broker dealer and swap dealer businesses. Based in the New York Metro area, IADA staff members perform various audits of different business areas of the bank to evaluate the effectiveness of risk management and governance processes.  Along with its counterparts in London, Hong Kong and Singapore, IADA reports to and composes the overseas arm of MHBK’s Internal Audit Division (IAD). 

Summary

Internal Audit seeks a candidate to fill an Assistant Vice President role for the Compliance area.  The candidate should demonstrate professionalism and relationship management skills together with strong written and verbal communication skills. This individual should be a self-starter and demonstrate a willingness to learn new areas. Under the direction of the Audit In-Charge, the individual will work on assigned audits, issue validation, annual planning, continuous monitoring and other IADA administrative tasks. The candidate should also demonstrate the ability to be risk focused, manage multiple initiatives simultaneously while prioritizing key risks and managing time constraints.

Job Description

• Lead walkthrough meetings and interviews with business stakeholders to develop an understanding of business processes.

• Under the direction of the Audit In-Charge, develop test plans and complete assigned audit work within required timeframes.

• Evaluate the adequacy and effectiveness of internal controls and identify control issues and operating effectiveness failures.

• Perform issue validation for control issues identified during audits to confirm adequate remediation.

• Perform continuous monitoring to identify emerging risks and other IADA administrative tasks.

• Prepare annual risk assessments for assigned auditable entities.

• Demonstrate understanding of audit methodology and execute and produce quality deliverables that are clear and concise.

• Complete work timely and deliver work products that meet objectives and standards of audit methodology and regulatory requirements.

• Drive efficiency and operational excellence through the use of available tools and resources and sharing of audit best practices. This includes implementing efficiencies and automation using data analytics such as Excel, etc.

• Multitask and manage a variety of projects simultaneously on a routine basis. This includes managing operational tasks and responsibilities associated with audit planning and audit execution, along with any other assigned initiatives.

• Complete mandated annual training requirements.

• Adaptable and work independently as well as part of a team.

• Address QA findings and consistently apply feedback on future engagements.

Qualifications

• Holds a Bachelor’s Degree or equivalent in business, accounting, finance, economics, computer science or management information systems. May also hold an advanced or specialized degree and/or a professional certification (e.g., MBA, CPA, CA, CIA, CISA, CFE) or license relevant to the profession.

• Demonstrates a sound understanding of the financial services industry, including talent management, audit, financial, or risk management. Possesses at a minimum 5 to 10 years of relevant work experience, including internal auditing or external auditing, risk management, and compliance.

• Demonstrates a sound understanding of internal audit principles, practices and techniques, the concepts of risk, risk management, internal control and compliance, and the ability to effectively and consistently apply such understanding to assignments.

• Has financial services-related knowledge and experience. Compliance (e.g., second line surveillance) and conduct coverage is a plus.

• Has excellent communication skills, both written and verbal, as well as strong relationship building skills with ability to work well within a team-oriented environment.

• Demonstrates the capacity for effective project and time management skills, including the ability to prioritize, design and direct multiple tasks/projects and to anticipate and meet required deadli