Non-Financial Risk Analyst / Associate

Mizuho; Pune District; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Mizuho Pune is building a scalable NFR capability to support MUSO risk governance, analytics and reporting.

The NFR Analyst/Associate will work with the NFR India Lead to deliver high-quality risk governance, risk data analysis, and issue tracking.

This Pune-based role offers exposure to global risk practices within a leading financial group.

Qualifications

• 5–12 years of experience in Non-Financial Risk or related risk function.
• Bachelor’s degree in finance, maths, economics, CS or related field.
• Strong knowledge of risk governance, RCSA, KRIs and risk reporting.

Responsibilities

• Support build-out of the NFR capability in Pune with global stakeholders.
• Review risk appetite metrics, risk events, RCSA outputs and KRIs.
• Analyze risk data to identify trends and emerging concerns.
• Prepare recurring NFR reporting, dashboards and governance packs.
• Track actions, issues, and remediation plans to closure.
• Collaborate with MUSO Risk, Business, Operations and Tech.
• Identify opportunities to simplify and automate reporting.

Skills

Analytical thinking

Communication & stakeholder management

Risk reporting & governance

Attention to detail

Education

Bachelor's degree in Finance, Mathematics, Economics, Computer Science or related discipline

Tools

Microsoft Excel

PowerPoint

Workflow tools familiarity

Job description

At Mizuho, we provide the stability of an international industry leader with the career trajectory of a growing business. Our steady, strategic growth gives our people at all levels rewarding degrees of responsibility and richer work experience than a boutique firm or an established giant could offer alone.

It’s the local expertise of our employees that makes our global network so powerful. By collaborating with colleagues and clients who share the same ambition and drive, you can amplify your sphere of influence and base of knowledge as part of one of the largest banks in the world.

Role Overview:

The Non-Financial Risk (NFR) team supports the Mizuho U.S. Operations (MUSO) risk management framework through risk governance, analytics, controls, reporting and execution. Mizuho Pune is being developed as an integrated extension of the global NFR and wider Risk organization, providing scalable, follow-the-sun risk management capabilities across MUSO’s Corporate & Investment Bank (CIB).

The NFR Analyst / Associate will be part of the Pune NFR capability and will support the NFR India Lead in delivering high-quality risk governance, reporting, analytics, review and challenge, issue tracking, and stakeholder support. The role is suited for a developing risk professional who can work with data, processes and stakeholders to identify risk themes, improve transparency, and support timely escalation and remediation.

Key Responsibilities:

• Support the build-out and ongoing operation of the NFR capability in Mizuho Pune, working closely with the NFR India Lead and global NFR stakeholders.
• Assist with first-level review of key NFR information, including risk appetite metrics, risk events, RCSA outputs, KRIs, control indicators and management information.
• Analyze risk data to identify trends, anomalies, recurring issues and areas that may require management attention or further review.
• Support RCSA transformation, quality assurance activities and review of areas where risks may be under-assessed or where control outcomes indicate emerging concerns.
• Prepare, maintain and enhance recurring NFR reporting, dashboards, governance materials and management information to support risk oversight and decision-making.
• Track actions, issues, escalations and remediation plans to support timely closure and effective management visibility.
• Partner with teams across MUSO Risk, Business, Operations and Technology to gather inputs, validate information, challenge data and follow up on open items.
• Identify opportunities to simplify, standardize and automate recurring reporting, control and governance processes.
• Support the controlled use of analytics, automation and AI-enabled approaches to improve risk identification, reporting quality and process efficiency, ensuring outputs remain explainable and auditable.
• Contribute to a strong risk culture within the Pune NFR team by demonstrating ownership, attention to detail and constructive challenge.

Experience & Skills:

Required:

• 5–12 years of experience in Non-Financial Risk, Operational Risk, Controls, Internal Audit, Compliance, Risk Reporting or a related risk management function within a financial institution.
• Bachelor’s degree in Finance, Mathematics, Economics, Computer Science or a related discipline.
• Good understanding of RCSA, risk events, KRIs, risk appetite, controls, issues management and operational risk governance.
• Strong analytical skills with the ability to assess risk data, identify patterns and translate findings into clear and actionable commentary.
• Experience preparing management information, dashboards, governance packs or risk reporting materials.
• Strong attention to detail, ownership mindset and ability to manage recurring deliverables accurately and on time.
• Good communication and stakeholder-management skills, with the ability to present risk information clearly and work effectively across regions and functions.
• Proficiency in Microsoft Excel and PowerPoint; familiarity with workflow, reporting or analytics tools is beneficial.

Preferred:

• Experience supporting CIB, Markets, Banking or Treasury businesses.
• Exposure to global or follow-the-sun operating models, including India-based risk or controls teams.
• Experience with RCSA transformation, controls testing, risk analytics, reporting automation or process improvement initiatives.
• Familiarity with data visualization, automation or AI-enabled risk reporting tools.

Success in the Role:

Success will be measured by the ability to provide reliable analytical and execution support to the Pune NFR capability, deliver accurate and timely risk reporting, contribute to effective review and challenge, maintain strong tracking of issues and actions, and help simplify, standardize and automate recurring NFR processes. The individual should operate as a trusted member of the NFR India team and help strengthen connectivity between Pune, MUSO Risk and global NFR stakeholders.

Company Overview:

Mizuho Pune is an integral part of Mizuho Financial Group, one of the world’s leading financial institutions with a strong global presence across the Americas, EMEA, and Asia. Based in India, Mizuho Pune supports Mizuho’s international businesses by delivering high-quality, scalable, and resilient services across multiple functions.

Mizuho Pune plays a critical role in driving operational excellence, standardization, and innovation for Mizuho Americas. By combining deep domain expertise with strong process, technology, and analytical capabilities, it partners closely with regional and global teams to support corporate and investment banking, capital markets, and corporate services functions, while adhering to the highest standards of risk management, regulatory compliance, and control.

Mizuho Pune offers competitive compensation and benefits package aligned with industry standards and local market practices.

Mizuho Pune is an equal opportunity employer and is committed to fostering an inclusive and diverse workplace.

Employment is subject to applicable background verification checks in accordance with Indian laws and company policies.