Enterprise and Liquidity Risk - Managing Director

Profile Summary

A senior risk professional with extensive investment banking experience, responsible for leading Enterprise and Liquidity Risk across Mizuho EMEA. The role oversees the design and delivery of robust risk management frameworks, ensuring compliance with evolving regulatory requirements and alignment with global standards.

Duties and Responsibilities

Enterprise Risk

• Ensure that Mizuho EMEA entities operate an effective risk management and reporting process that as a minimum, meets regulatory requirements.  Ensure that the Bank manages regulatory risk by staying up to date and assessing proposes changes by relevant regulators. Provide advice on relevant policy, including issues around capital and liquidity regulatory management.
• Deliver ILAAP, ICAAP, Recovery Plan, Resolution Pack and Pillar 3 for London based entities. Provide expertise and support to European-based entities for production of regulatory documents.
• Leadership of the regional and entity level annual Risk Appetite review.
• Oversee development of the appropriate cross-asset class stress scenarios and take an active part in the development of a suitable technology framework to embed them in.
• Provide proactive input into EMEA wide Crisis Management framework to align with regulatory requirement.
• Oversight of the Risk reporting team to ensure that all reports designated to the assigned functions are produced accurately, completely, and within the designated time limits. Ensure risk reports are an accurate reflection of the Bank’s position for consumption by senior management, head office, front office, regulators and risk management amongst others.
• Oversight of the New Product governance process supporting the development and implementation of new products or businesses, working with the business initiating the request, the New Product Committee, support functions, Tokyo, and other Mizuho locations involved.

Liquidity Risk

• Maintain and update the Liquidity risk framework including limits, stress testing and reporting. Provide direction and leadership while establishing governance and maintaining policies and standards.
• Act as a key component to the second line of defence to provide appropriate challenge and support to the Treasurer as the first line of defence.
• Promote a proactive approach to risk management, including detailed and accurate market analysis, initiating investigations into discrepancies, and providing in-depth trend analysis on key and ‘in-focus’ products.
• Proactively participate in new product and new business initiatives. Assess the impact on Liquidity Risk Management and Reporting frameworks and approve or decline products accordingly.
• Provide weekly, monthly and ad-hoc commentary and analysis for management Sub-Committees and Committees.

General

• Participate in specific Department or Company wide projects when called upon by the CRO for EMEA.
• Ensure that staff receive the necessary training and support in order to carry out designated tasks.
• Ensure that the Risk Management Business Continuity Plan is kept up to date and take responsibility for organising efforts in co-ordinated Disaster Recovery tests.
• Provide cover in the absence of other Departmental management when called upon.

In meeting your responsibilities outlined above you are also a member/attendee of the following Committees:

• EMEA Risk Management Committee
• MHI ALCO, MHBK London Branch ALCO and MBE ALCO
• MHI Prudential and Regulation Committee (Chair)
• New Products Committee
• Stress Testing Committee
• Market, Model and Methodology Committee
• Financing Committee
• Operational Risk Committee
• MHI Board Risk & Sustainability Committee (when appropriate)

Qualifications, Skills and Experience

• An outstanding track record in investment banking within a Risk function.
• Appropriate amount of senior experience in a liquidity management, regulatory risk or enterprise risk role; including exposure to recent risk management practices, risk measurement techniques and models for interaction with other support areas.
• Prior experience of ICAAP and ILAAP preparation in a financial industry.
• Strong knowledge of relevant regulatory rules.
• Track record of delivering change to process and procedures where deemed beneficial to the firm.
• Track record of critically assessing priorities on a materiality basis and looking for the most efficient execution path.
• Excellent oral and written communication skills.

Managerial skills

• Maintain transparent communication to provide clear direction to the team.
• Strong decision-making skills to efficiently delegate tasks.
• Foster the spirit of teamwork and cohesiveness across the team.
• Motivate the team to complete tasks to a high standard.
• Empower individuals to take responsibility for their goals.
• Coach, mentor and develop the team in a positive and constructive manner.

What Mizuho can offer you

In addition to the great opportunity outlined above we are also currently able to offer:

• Competitive starting salary, plus discretionary bonus
• Non-contributory pension
• 27 days’ annual leave
• Core working hours*
• Hybrid working  - office and home based*
• Virtual GP
• Wellbeing benefits, including Mental Health Allies and First Aiders

*For applicable roles only

At Mizuho, we embrace flexible ways of working when the role permits. We offer different working arrangements like part-time, job-sharing and hybrid (office and home) working. Our purpose-led culture and global infrastructure help us connect, collaborate, and work together in agile ways to meet all our business needs.

At Mizuho we are committed to supporting equality, diversity and equality, and seek to create a workplace that is fully inclusive. We welcome applications from all sections of the community that we operate in and from all ethnic backgrounds, sexual orientation, beliefs, gender identities and disabilities.

If you require more information about our equal opportunities policy or wish to discuss any accessibility requirements or reasonable adjustments please contact the recruitment team – recruitment@mizuhoemea.com and we will be happy to help.