Risk Management Internal Auditor

About the Team

The Internal Audit Department Americas (IADA) provides independent, objective assurance and advisory services to the Americas businesses of Mizuho Bank, Ltd., Mizuho Bank (USA), and related entities, including derivatives and broker-dealer operations. Based in the New York Metro area, IADA evaluates the effectiveness of governance, risk management, and internal controls across a wide range of business activities.

IADA operates as the Americas arm of Mizuho Bank’s global Internal Audit Division (IAD), working closely with audit teams in London, Hong Kong, and Singapore.

Why This Role

This position offers the opportunity to play a visible leadership role within IADA, working across a complex, global financial institution, and influencing how model risk is assessed, governed, and strengthened across the firm.

Role Summary

The Vice President, Management Internal Auditor is responsible for leading model risk management audits across the full audit lifecycle, including planning, execution, reporting, and issue validation. This role contributes to strategic audit planning, process innovation, and continuous monitoring, while mentoring staff and partnering with stakeholders across risk and control functions. The position also supports broader Risk Management audits and department-wide initiatives.

Key Responsibilities

Audit Leadership & Execution

• Lead end-to-end audits of Model Risk Management, including audit planning, fieldwork, reporting, issue tracking, and validation.

• Review model documentation to assess compliance with internal policies, regulatory requirements, and industry standards across the model lifecycle (development, validation, change management, and ongoing monitoring).

• Clearly document audit conclusions and communicate results in accordance with IADA audit methodology and professional standards.

Risk Assessment & Continuous Monitoring

• Contribute to IADA’s annual risk assessment, audit plan, and continuous monitoring program, with primary responsibility for audits within the Model Management portfolio.

• Perform validation testing of regulatory findings, audit issues, and management self-identified issues, including review of testing approaches and supporting documentation.

Advisory & Stakeholder Engagement

• Identify emerging risks and control weaknesses; partner with management to recommend practical, sustainable remediation strategies.

• Collaborate closely with first- and second-line risk and control functions to ensure coordinated coverage and efficient audit execution.

• Engage with supervisory authorities, external auditors, and other third parties, as applicable.

Team Leadership & Operational Excellence

• Supervise and mentor audit staff, including coaching on audit execution, issue identification, and professional development.

• Drive efficiencies through process improvement, automation, and data analytics, aligned with IADA tools and best practices.

• Support IADA Quality Assurance activities and respond to requests from QA reviewers.

• Department & Global Coordination

• Support IADA leadership with MIS reporting, metrics, and materials for senior audit leadership and oversight committees.

• Coordinate with IAD Head Office and overseas audit teams on global initiatives and special projects.

• Represent IADA on committees and cross-functional initiatives, as required.

Qualifications

• Bachelor’s degree required; advanced degree in a quantitative, analytical, or related discipline preferred.

• Professional certifications such as CPA, CIA, CISA, CFE, CA, or MBA are a plus.

Experience & Technical Expertise

• 5–8+ years of relevant experience in internal or external audit, model risk management, risk management, regulatory examinations, or related control functions.

• Demonstrated experience reviewing financial or risk models and assessing model governance, validation methodologies, and testing frameworks.

• Strong understanding of internal audit standards, risk management principles, internal controls, and regulatory expectations related to Model Risk Management.

Leadership & Communication

• Proven ability to lead and supervise audit teams, manage multiple priorities, and deliver high-quality results within deadlines.