Non-Financial Risk (NFR) Lead

Mizuho; Pune District; On-site; INR 5,000,000 - 6,500,000; Full time

Job summary

Mizuho Pune is building a focused Non-Financial Risk (NFR) capability to support MUSO and global NFR teams. The NFR Lead will establish local risk oversight, lead a Pune team and partner with global stakeholders to identify emerging risks and strengthen governance.

The role demands 17+ years in risk management within global financial institutions, with a deep knowledge of risk reporting, RCSA, KRIs and risk governance, complemented by strong leadership and communication skills.

Qualifications

• 17+ years of experience in Non-Financial Risk, Operational Risk, Internal Audit, Risk Reporting or related risk management within a global financial institution.
• Bachelor’s degree in Finance, Mathematics, Economics, Computer Science or related discipline.
• Strong understanding of RCSA, risk events, risk appetite, KRIs, operational risk governance and risk reporting.
• Experience in leading and developing teams, including talent management.
• Experience in risk analysis, portfolio review, risk assessment challenge and senior stakeholder engagement.
• Ability to translate risk data and trends into clear, actionable risk insights.
• Demonstrated ability to establish new processes, operating models or capabilities.
• Strong leadership, communication and stakeholder-management skills.

Responsibilities

• Establish and lead the Pune NFR capability in alignment with MUSO and global NFR teams.
• Build and lead a high-performing Pune NFR team and evolve Pune into a risk-management hub.
• Act as the senior NFR point of contact for the Pune site with effective connectivity to MUSO and global teams.
• Provide first-level review and challenge of key NFR information (risk appetite metrics, risk events, RCSA results, KRIs).
• Use portfolio analytics to identify trends, anomalies and areas needing management attention.
• Coordinate risk actions, escalations and remediation for timely closure and oversight.
• Support NFR policies, governance frameworks, KRI reporting, and senior stakeholder packs.
• Prepare and deliver risk insights and management reporting for decision-making.
• Identify opportunities to simplify and automate governance, reporting and control processes.
• Explore AI-enabled risk processes while ensuring explainability and auditability.

Skills

Non-Financial Risk

Operational Risk

Risk Reporting

RCSA

KRIs

Governance

Portfolio Analytics

Stakeholder Management

Team Leadership

Data Analytics

Risk Assessment

Leadership Communication

Education

Bachelor's degree in Finance

Economics

Computer Science

Tools

SQL

Excel

Power BI

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 Lead will establish and lead the Pune NFR capability, provide local risk oversight, and partner with global NFR leadership, MUSO Risk, Business and Pune leadership to identify emerging risks, strengthen governance, and drive timely escalation and remediation.

Key Responsibilities

Build and Lead the Pune NFR Capability

• Establish and lead the NFR capability in Mizuho Pune, including operating model, processes and ways of working.
• Build and lead a high-performing Pune NFR team and help evolve Mizuho Pune into an active risk-management hub.
• Act as the senior NFR point of contact for the Pune site, ensuring effective connectivity with MUSO and global NFR teams.

Risk Oversight, Review and Challenge

• Provide first-level review and challenge of key NFR information, including risk appetite metrics, risk events, RCSA results, KRIs and other risk indicators.
• Use portfolio-level analytics to identify trends, anomalies, concentrations and areas requiring management attention.
• Support RCSA transformation, quality assurance and review of areas where risk may be under-assessed or control outcomes indicate emerging concerns.
• Coordinate risk actions, escalations and remediation to ensure timely closure and effective management oversight.

Governance, Reporting and Stakeholder Engagement

• Support the development of NFR policies, governance frameworks, KRI reporting, management information and senior stakeholder packs.
• Prepare and deliver risk insights, thematic analyses and management reporting to support senior management decision-making

Transformation, Analytics and Innovation

• Identify opportunities to simplify, standardize and automate recurring governance, reporting and control processes.
• Enhance analytical capabilities, data utilization and reporting tools to strengthen risk identification, monitoring and decision-making
• Explore the controlled use of AI and advanced analytics to improve risk identification, analysis and reporting, ensuring outputs remain explainable, controlled and auditable.

Experience & Skills

Required

• 17+ years of experience in Non-Financial Risk, Operational Risk, Internal Audit, Risk Reporting or a related risk management functions within a global financial institution.
• Bachelor’s degree in Finance, Mathematics, Economics, Computer Science or a related discipline.
• Strong understanding of RCSA, risk events, risk appetite, KRIs, operational risk governance and risk reporting.
• Experience in leading and developing teams, including developing and managing talent
• Experience in risk analysis, portfolio review, risk assessment challenge and senior stakeholder engagement.
• Ability to translate risk data and trends into clear, actionable risk insights.
• Demonstrated ability to establish new processes, operating models or capabilities.
• Strong leadership, communication and stakeholder-management skills.

Preferred

• Experience supporting CIB, Markets and/or Banking businesses.
• Experience with global follow-the-sun operating models or India-based risk capability build-out.
• Experience in RCSA transformation, portfolio analytics, reporting automation or AI-enabled risk processes.

Success in the Role

Success will be measured by the ability to build a sustainable Mizuho Pune NFR capability that provides effective local coverage, delivers high-quality first-level review and challenge, produces reliable risk reporting, supports governance and automation, and operates as an integrated extension of MUSO and the global NFR team.

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.