Bank Operations VP - Reconciliations

Mizuho Bank, Ltd.; New York (NY); Hybrid; USD 91,000 - 165,000; Full time

Job summary

Join Mizuho as a Vice President in Operations overseeing the Reconciliation Administration unit. This role will focus on the accurate completion of reconciliations across multiple entities and lead a team to improve processes continuously. Ideal candidates will possess extensive experience in reconciliations and strong management skills. Mizuho offers competitive compensation and benefits.

Benefits

Generous employee benefits package

Discretionary bonus eligibility

Hybrid working program

Qualifications

• 5-7 years of experience performing/supervising reconciliation.
• Experience in operational control environments.
• Proven track record in a high-pressure setting.

Responsibilities

• Manage a team of 4-6 reconciliation specialists.
• Perform quality control reviews and manage daily reconciliations.
• Liaise with back-office teams to resolve outstanding issues.

Skills

Judgment

Time Management

Organizational Skills

Problem-Solving

Interpersonal Skills

Communication Skills

Education

Relevant experience in operational control

Tools

FIS Intellimatch

Data Integrity Manager

Job description

Join Mizuho as a Vice President for Mizuho Americas' Operations Department!

We are seeking an experienced reconciliation professional with management experience to join our team and act as lead within the Reconciliation Administration unit. The primary focus will be to ensure accurate and timely completion of daily reconciliations of all firm nostro accounts across multiple entities, products and currencies.

Key Responsibilities :

• Manage a team of 4 - 6 reconciliation specialists focused on bank nostro accounts, securities and treasury products while ensuring the accuracy and timely distribution of results.
• Support the daily performance of reconciliations with a hands-on approach to offset staff shortages or system delays that may impact on the ability to complete all daily tasks.
• Liaise with back-office teams to investigate any outstanding break results, escalating when necessary to support timely resolutions.
• Perform quality control review of all aged open item reports prior to submission for senior management review.
• Prepare / approve the daily submission of Key Risk Indicators for management reporting.
• Facilitate all internal / external audit and internal control testing exams and inquiries.
• Seek opportunities to streamline and strengthen controls and process flows in the spirit of achieving continuous improvement.

Qualifications :

• Minimum 5 - 7 years of experience performing / supervising reconciliation activities within an operational control environment.
• Experience working with FIS Intellimatch / Data Integrity Manager products a plus.
• Sound judgement, sense of urgency and accountability; time management; organizational and problem-solving skills.
• Ability to execute in a high-pressure environment.
• Excellent interpersonal skills and team player.
• Strong written and verbal communication skills.

The expected base salary for this role will be in the range of $91,000 - $165,000. 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-Hybrid

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. Visit www.mizuhoamericas.com.

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.