Vice President, Liquidity Regulatory Reporting Change Lead

Vice President, Liquidity Regulatory Reporting Change Lead

29 Oct 2024
New York, New york city 00000 New york city USA

Vice President, Liquidity Regulatory Reporting Change Lead

Summary: The Liquidity Regulatory Reporting is a team responsible for the daily and monthly reporting and submission of FR2052A report for multiple entities under Mizuho US Operations. Additionally, the LRR team produces and monitors daily LCR reporting derived from FR2052a data.In this role, you will be responsible for leading and managing the Liquidity Regulatory Reporting Change team, partnering with the Reporting Production Teams to ensure seamless implementation of various change and governance initiatives including but not limited to New Product Review and Testing, assist in the implementation of critical data elements data quality validation rules, prioritization and remediation of data quality issues and findings, and maintain and update the PID Interpretation Documents in compliance with regulatory requirements. The successful candidate will possess strong leadership skills, deep knowledge of financial regulations, and a proven track record in managing regulatory reporting change initiatives. Additionally, the candidate will play a crucial role in defining the governance and control framework of the FR2052a reporting process, as well as developing comprehensive change governance processes.Responsibilities: Lead and manage the Liquidity Regulatory Reporting Change team, providing guidance, mentorship, and support to ensure team effectiveness and individual growth.Take ownership of the end-to-end FR2052a change process, overseeing the preparation of Business Requirement, defining the test scripts, validating the UAT & Post Day 1 Implementation Results, and updating the PID Interpretation Document as required. Identify opportunities for process improvements and lead FR2052A reporting initiatives linked to the ongoing migration to Axiom and various other control initiatives.Lead initiatives to define the governance and control framework of the FR2052a reporting process, ensuring a robust control framework that aligns with regulatory expectations. Maintain comprehensive documentation of FR2052a PID Interpretation and assumptions. Provide support during internal and external audits.Develop an issue management framework to assess materiality and prioritize issue for remediations.Assist in the implementation of FR2052A Target Operating Model.Collaborate with Treasury Liquidity Management on any changes planned to be remediated to ensure alignment with ILST.Qualifications: Bachelor's degree in Finance, Accounting, Business, or a related field. Advanced degree or professional certifications (e.g., CPA, CFA) is preferred.7-10 years of experience in financial reporting, regulatory reporting, or a related field. Proven ability to lead and inspire a team, fostering a collaborative and high-performance culture.In-depth understanding of financial regulations and reporting requirements. Demonstrated experience in defining governance and control framework within a regulatory reporting context. Prior experience with FR2052A reporting is a plus.Excellent analytical and problem-solving skills with the ability to provide strategic insights into complex financial data.Strong communication and interpersonal skills, with the ability to effectively engage with internal and external stakeholders. Prior experience interfacing with regulators.Flexibility to adapt to changes in regulations and business requirements while guiding the team through transitions.The expected base salary ranges from $114, 000 - $180, 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, successful candidates are eligible to receive a discretionary bonus.#LI-HybridEqual Opportunity Employer - minorities/females/veterans/individuals with disabilities/sexual orientation/gender identityMinimum Salary: 0.00

Maximum Salary: 0.00

Salary Unit: Yearly

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