Mizuho Bank, Ltd
Compliance Testing (Broker-Dealer), AVP (Legal)
ALCD
The Americas Legal and Compliance Department (ALCD) belongs to the Compliance Group of Mizuho Bank, Ltd. (MHBK) and is divided broadly into two main functions: the Legal function, which manages legal risk, and the Compliance function, which manages compliance and regulatory risk by establishing compliance policies, providing training, conducting compliance reviews, monitoring anti-money laundering (AML) and know your customer (KYC) matters, and coordinating regulatory examinations and relations.
ATO
The Americas Testing Office (ATO)'s mission is to protect Mizuho offices in the Americas from compliance risks by testing the effectiveness of controls designed to ensure adherence to key regulatory requirements and corresponding Mizuho policies and procedures. ATO belongs to ALCD and is responsible for compliance risk assessment and testing/monitoring of Mizuho's operations in the Americas, including MHBK US and Canada Branches, MHBK (USA), Mizuho Securities USA (MSUSA), and Latin American subsidiaries. ATO provides the Mizuho offices in the Americas with clear guidance from the Head Office as well as local regulators mainly in the US and promotes strong compliance culture through periodic monitoring and testing.
Position Summary
The Brokerage and Swap Dealer Compliance Testing AVP will perform the assigned functions, as outlined below, and conduct compliance testing and monitoring across various lines of business, securities offices, capital markets offices and operating departments
Responsibilities
The AVP's day to day responsibilities will:
• Perform compliance testing and monitoring, identify issues, make recommendations and report the result to the management team
• Track the issues and the status of remediation
• Identify key risks and controls on themes tested
• Participate in risk assessment discussions
• Analyze the entities' (MSUSA/MCM) compliance status and compliance framework
• Review compliance program, participate in Compliance Committee, review external/internal exam/audit reports, etc.
• Function as a liaison with the Head Office and the entities
• Provide training and guidance to the Compliance Officers and the business where applicable
• Conduct other related tasks of ATO
• Responsibilities exclude Anti-Money Laundering
Qualifications
•Eligible to work in the US
•Bachelor's degree
•JD, Bar, CPA or equivalent professional qualification
•Minimum 3 years of compliance testing or audit experience
•3+ years of work experience in Investment Bank and Capital Markets business
•Knowledge or Background of Dodd-Frank Act, Securities Exchange Act, Commodity Exchange Act and the CFTC and SEC Regulations, and FINRA and NFA Rules
•Swap related experience or background
•Series 7 and Series 24 required or the ability to obtain the Series 7 and 24 within the first 6 months of employment
•Experience with FX and Interest Rate markets (cash, and listed and OTC derivatives) a plus. Equity derivatives a plus.
•Canada and Latin America experience a plus
•Broad working knowledge of laws and regulations related to areas of assignment
•Demonstrated ability to develop test plans and independently coordinate and complete testing in a timely manner
•Strong Critical Thinking and Problem Solving Skills
•Ability to work cooperatively with other members of the team and the department
•Ability to analyze complex laws and regulations
•Quick and accurate reading comprehension
•Strong written and verbal communication skills including a demonstrated ability to clearly provide written reports that accurately and clearly summarize issues and present solutions in an understandable and logical manner
•Ability to influence others' actions and decisions without express of authority
•Proficiency in Microsoft Office Suite and other utility applications (e.g., Adobe Acrobat, PowerPoint, and Excel)
Company Overview
Mizuho Americas is a leading financial institution comprising several legal entities, which together offer clients corporate and investment banking, financing, securities, treasury services, asset management, research and more. Mizuho's operations in the Americas connect a broad client base of major corporations, financial institutions and public sector groups to local markets and a vast global network. Mizuho Americas is an integral part of the Japan-based Mizuho Financial Group, Inc. (NYSE: MFG), which is comprised of offices in nearly 40 countries, approximately 60,000 employees, and assets of more than USD 1.8 trillion. Learn more at mizuhoamericas.com.
Mizuho Bank Ltd. 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 perform pre-employment substance abuse testing.
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