Director – Non-Financial Risk (FO Coverage)
Mizuho · United States · 1d ago
Americas Risk Department
The Americas Risk Department, as a 2nd line of defense organization, provides common risk management oversight and services to all businesses and legal entities across Mizuho U.S. Operations (MUSO). Effectively and efficiently managing risk on a consistent and holistic basis across all our businesses is critical to Mizuho's success in the Americas as well as meeting regulatory expectations and requirements.
The Non-Financial Risk (NFR) Role
NFR is seeking an experienced Director to serve as the primary Non-Financial Risk Coverage Officer for the Capital Markets businesses. The role will provide independent oversight, effective challenge, and strategic risk advisory support to senior business leaders across Fixed Income and Equities while promoting a strong risk culture and ensuring alignment with the firm's risk appetite, regulatory expectations, and risk management objectives.
The successful candidate will bring a strong understanding of Capital Markets businesses, products, trade lifecycle activities, Front Office operating models and control suites, coupled with expertise in non-financial risk management and governance.
Principal Duties may entail all or some of the following responsibilities:
- Serve as the primary 2LoD Non-Financial Risk coverage lead for the Capital Markets businesses, providing independent oversight, effective challenge, and strategic advisory support to senior business leaders, Business COOs, and control functions.
- Promote a strong risk culture across Front Office activities by ensuring non-financial risks are identified, assessed, managed, monitored, and reported in alignment with the Firm’s risk appetite, regulatory expectations, and risk management objectives.
- Partner with business management and control functions to assess the risk implications of business growth, new products, strategic initiatives, organizational changes, and business change initiatives.
- Provide effective challenge over non-financial risks arising from Capital Markets activities, including transaction execution, supervision, market conduct, trade processing, technology dependencies, data quality, operational resiliency, and related control environments.
- Evaluate the effectiveness of risk management practices, controls, issue remediation, and risk event responses, ensuring material control gaps are identified, escalated, and remediated in a timely manner.
- Prepare and present risk assessments, emerging risk insights, trends, and governance materials for senior management committees, risk forums, and other relevant stakeholders.
- Collaborate with NFR team members to enhance KRIs, KPIs, analytics, risk management practices, and new risk initiatives that support the evolving regulatory environment and strengthen the overall NFR framework.
Qualifications
- Bachelor’s or master’s degree.
- 10 years of risk management, compliance, audit, or relevant Front Office control function experience within the financial industry.
- Strong understanding of Capital Markets businesses, including Fixed Income and/or Equities trading, sales, financing, derivatives, and front office operating models.
- Preferred qualifications include commercial experience in relationship management or portfolio banking, capital markets trading, trade support, or middle-office transformation.
- Experience supporting or overseeing Capital Markets activities within an investment bank, broker-dealer, business risk and control’s function, compliance function, internal audit function, or risk management organization.
- Understanding of key non-financial risks within Capital Markets businesses, including operational risk, conduct risk, technology risk, data risk, model risk, third-party risk, and regulatory compliance risk.
- Knowledge of the end-to-end trade lifecycle, including transaction execution, trade capture, confirmation, settlement, collateral management, valuation, and post-trade processing.
- Strong understanding in NFR risk framework elements (RCSA, Risk Events, Issues, KRIs etc.).
- Demonstrated ability to influence senior stakeholders and drive risk management outcomes across complex organizations.
- Strong analytical, problem-solving, and decision-making skills.
- Excellent interpersonal and communication skills.
- Highly motivated, self-directed individual with the ability to work independently.
- Knowledge of regulatory requirements for the financial services industry.
- Collaborative team player and relationship builder.
- Excellent Microsoft Office skills, especially Excel.
The expected base salary ranges from $165,000 - $235,000. 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, including Medical, Dental and 401K plans, successful candidates are also eligible to receive a discretionary bonus.
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.
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