VP - Regulatory Reporting Business Analyst

About the Team:

Mizuho Americas Finance - Financial Regulatory Reporting is a team responsible for the preparation of regulatory filings for multiple entities under Mizuho US operations, reporting to Mizuho Americas CFO.

Summary:

Mizuho is looking for a seasoned Vice President to lead the modernizations, automation, and strategic uplift of the firm’s Regulatory Reporting function. This role will drive the end to end implementation of AxiomSL, oversee the data sourcing and control framework across the high risk and medium risk regulatory reports including ( FR Y-9C, FR Y-15, FFIEC031, FFIEC002, FFIEC009). They will help to drive reporting accuracy, data quality, New Product Approval governance, QFC compliance, and process modernizations as part of the Regulatory Reporting Team. Proficiency in Power BI development, including report and dashboard creation, strong understanding of data modeling and data visualization concepts, knowledge of regulatory report requirements and 6+ years of business analysis and relevant experiences in the Regulatory Reporting, Finance, Risk Management or related business functions. You have experience with SQL and DAX for data manipulation and analysis is a plus. The position is also expected to support governance functions over the regulatory reporting processes including but not limited to supporting management meetings, change management and issue management processes, and handling communication with internal and external stakeholders.

Core Responsibilities:

• Drive Axiom implementation across the five high risk reports, and manage user acceptance testing

• Establish target state reporting architecture, MDRM mapping, rule logic, validation frameworks, and exception management workflows

• Review and challenge data quality issues, variances, reconciliations, mapping logic, intercompany eliminations, and interpretive guidance

• Assist in creation of standard operating procedures, documentation standards

• Perform data analytics review and coordinate with data governance to measure data quality and data monitoring controls on a regular basis.

• Assist in upstream data source analysis, implementation of critical data elements data quality validation rules, prioritization and remediation of data quality issues and findings, and maintaining and updating the Business Requirement Documents in compliance with regulatory requirements.

• Support preparation of Regulatory Reporting Working Group and Governance Committee meetings, Change Management and Issue Management Forums, and handling communication with internal and external stakeholders.

• Keep track of each assigned tasks and projects and meet each deadline.

• Coordinate with multiple stakeholders across organization. Support management and team members.

Qualifications:

• Bachelor's degree in Finance, Accounting, Business, Data Science or a related field. Advanced degree or professional certifications (e.g., CPA, CFA) is preferred.

• Knowledge of financial products (e.g. loans, deposits, securities, derivatives, money market products, repos etc.). Knowledge of regulatory reporting requirements (e.g. FR Y-9C, FR Y-15, FFIEC031, FFIEC002, FFIEC009 and etc.) is a must

• Proficiency with Power BI development, including data modeling, report creation, and data visualization is a plus

• Minimum 6 years of experience in financial reporting, regulatory reporting, risk management, or related field in banking industry. Proven ability to lead and inspire a team, fostering a collaborative and high-performance culture.

• Experience with SQL for data manipulation and extraction, Data Analysis Expressions (DAX) for creating calculations and data warehouse concepts is a plus.

• Excellent attention to detail and problem-solving skills.

• Excellent verbal and written communication skills.

The expected base salary ranges from $120,000 - $185,000. 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, including Medical, Dental and 401K plans, successful candidates are also eligible to receive a discretionary bonus.

#LI-Hybrid

Other requirements

Mizuho has in place a hybrid 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. Roles in so