Regulatory Reporting Quality Assurance, AVP or Junior VP

Regulatory Reporting Quality Assurance, AVP or Junior VP

Job Description

Quality Assurance Unit:

The Quality Assurance Unit is responsible for enhancing the integrity of the bank regulatory reporting processes, reporting data quality as well as the overall control environment through performing periodic and on-going assessments of the accuracy, completeness and timeliness of financial regulatory reports submitted to the U.S.

bank regulators.

The Unit also partners with stakeholders across multiple functions to identify opportunities for process and control enhancements.

Summary:

This position is primarily responsible for testing and validating multiple regulatory reports to ensure that reports are prepared in accordance with regulatory reporting instructions, guidance, regulators’ expectations, and industry best practices, and communicating issues and enhancement opportunities to senior management.

In addition, this position supports management with regulatory exams as well as interim status updates with the regulators.

This includes reviewing materials provided to the regulators and coordinating across multiple departments to prepare presentation materials. 

This position requires expertise in both financial reporting and risk assessment, process and control design pertaining to financial institutions, and experience in managing projects.

Core Responsibilities:


* Leads assessment of processes and controls across the Functional areas, improve efficiency and strengthen controls to enhance overall control environment.  Assess key metrics to ensure operational effectiveness.


* Assist with the planning, execution of Mizuho’s quality assurance program.  Operate independently of the day-to-day regulatory report testing and validation processes for the completeness and accuracy of regulatory reports, in accordance with regulatory reporting instructions, guidance, expectations, and industry best practices; Testing procedures include risk ranking, data analysis/ profiling, transaction testing, control testing and conformance review


* Monitor, escalate and report issues to management or other relevant stakeholders on a periodic basis


* Interact with various business areas for potential enhancements to the end-to-end regulatory reporting process


* Maintain up-to-date knowledge of financial and regulatory reporting requirements and offer recommendations to enhance controls and processes to ensure accuracy and completeness of Mizuho’s regulatory filings


* Solve other relevant issues that may arise on an ad-hoc basis and participate in other departmental projects as assigned by management


* Validate control related issue remediation

Qualifications:                                                                                                                  


* Bachelor's degree


* CP...