First Line Risk & Control Officer

Business Risk & Control

The Business Risk & Control (BRC) team is focused on the implementation and oversight of the MUSO Operational Risk Management (ORM) Framework covering all non-financial risks. The BRC team provides core banking and securities coverage and works closely with all business lines and corporate functions to ensure an effective control environment.

The First Line Control Officer is a member of a centralized first line control team within BRC that supports business lines and corporate functions with control activities and promotes an effective control environment. The First Line Control Officer reports directly to BRC, with an additional reporting line to the relevant business line or corporate function.

This role is hybrid and based in our New York City Office.

The First Line Control Officer (FLCO) is :

• Accountable for the quality, accuracy and timeliness of all control-related deliverables and artifacts.
• Expected to lead certain control activities including : the annual RCSA process; maintaining process mapping documentation; supporting internal control testing; documenting Risk Events, Self-Identified Issues (SIIs) and Risk Acceptances (Ras); monitoring control remediation activities; and reporting on the division's non-financial risk profile and key risk indicators, etc.
• Expected to work closely with their colleagues on balancing non-financial risk requirements with the need for efficient business operations.

Additional Roles and Responsibilities :

Qualifications :

The ideal candidate for the Finance Division Control Officer position should possess prior experience in a Financial Control Officer or Internal Audit role within a Corporate Investment Banking (CIB) sell-side financial services organization, demonstrating substantial subject matter expertise in Regulatory Reporting and Financial Accounting. Additionally, the candidate is expected to have a comprehensive understanding of associated control areas and processes, including Product Control, Regulatory Reporting, Accounts Payable, Payroll, and Securities Financial Control.

The individual will be embedded within the Finance Division and collaborate closely with Department Heads of Product Control, Financial Accounting, and Regulatory Reporting. The level of the position is commensurate with the experience and knowledge of the individual selected for the role.

5+ years experience in Finance Control or similar role with an in depth understanding of applicable control areas and the controls required to support a trading business

Ability to conceptualize, develop, and deliver quality analysis and highly actionable management information.

Strong interpersonal and critical thinking skills with the ability to collaborate with others to deliver impactful results.

Demonstrated capability to confidently raise issues, escalate early, and engage in constructive credible challenge independently.

Ability to articulate complex concepts in a clear manner.

Highly professional, adaptable and proactive mindset.

Proactively resolve conflict and maintain objectivity.

Works independently and have sound judgment.

Strong analytical skills with high attention to detail and accuracy.

Demonstrated capacity to proactively and independently analyze and solve problems and address risks within the business unit's risk appetite and all risk and compliance program requirements.

Keep a pulse on the latest developments in the financial services market / regulatory environment.

Bachelor or Master's degree.

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 some of our departments have greater in-office requirements that will be communicated to you as part of the recruitment process.

Company Overview :

Mizuho Financial Group, Inc. is the 15th largest bank in the world as measured by total assets of ~$2 trillion. Mizuho's 60,000 employees worldwide offer comprehensive financial services to clients in 35 countries and 800 offices throughout the Americas, EMEA and Asia. Mizuho Americas is a leading provider of corporate and investment banking services to clients in the US, Canada, and Latin America. Through its acquisition of Greenhill?, Mizuho provides M&A, restructuring and private capital advisory capabilities across Americas, Europe and Asia. Mizuho Americas employs approximately 3,500 professionals, and its capabilities span corporate and investment banking, capital markets, equity and fixed income sales & trading, derivatives, FX, custody and research.

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 reserve the right to require pre- and post-hire drug testing as permitted by applicable law.