Loan Control Associate

Mizuho Financial Group Jersey City , NJ 07097

Posted 1 week ago

The Assistant Vice President of the Credit Control Unit/Loan Control ("CCU"/"LC") is responsible for supporting daily operations performed by the CCU/LC. The functions carried out provide support with the implementation of business plans, policies and procedures, direct participation during internal/external audits and designated special projects.

PRINCIPLE DUTIES AND RESPONSIBILITIES

General Duties

  • Provide direct support to onshore and offshore loan operations activities and support the exercise of governance over conduct of operations based on established policies and procedures.

  • Support monitoring activities over the loan-related suspense accounts and open items reconciliation efforts.

  • Support efforts to complete assigned regulatory reporting requirements in an accurate and timely manner.

  • Strengthen oversight over loan operations (onshore and offshore) concerns, though the execution of required Self-Check's and Quality Assurance Checks.

  • Support CCU's efforts to address open issues/requests through interaction with Front Office/SOX Team/Internal & External Audit to establish solutions and implement improved procedural controls.

  • Coordinate/support Loan Administration Unit's (LAU's) efforts to ensure that loan transactions, are structured correctly within ACBS and any operational risks are identified in a timely manner.

  • Identify opportunities to automate streamline controls/processes to mitigate risk and improve efficiency.

  • Maintain /Generate/ Review/ reports circulated to Americas Banking Operations-Loans Dept. management, H.O. and other divisions/departments as required.

  • Provide LAU, MGS and other Mizuho units with a contact point to troubleshoot open issues and provide guidance for all operations related to CCU-LC monitoring and governance activities.

  • Support expected loan system transition project from ACBS to Loan IQ.

Exception Duties (As requested by UH)

  • Provide the Unit Head with support in the implementation of business plans, objectives, policies and procedures through the presentation of constructive and innovative ideas for new methods within established framework.

  • Other work-related duties as assigned.

Compliance

  • Obtain a basic understanding of the applicable rules and regulations that govern the Bank. Understand that all questions and/or clarification about such rules and regulations should be directed to the Americas Legal and Compliance Division. Complete Annual Compliance Training presented by the Americas Legal and Compliance Division. Read and respond as necessary to all compliance-related reference and directive materials received. Comply with the Bank's "Code of Conduct".

QUALIFICATIONS:

  • BA or minimum of seven years of relevant commercial loan operations experience with associated accounting, audit, SOX and control testing experience

  • ACBS and/or Loan IQ system experience required

  • Ability to deal effectively with Customers, Account Officers and other bank personnel.

  • Strong written and oral communication skills.

  • Must be a detail-oriented person with good organizational skills and leadership qualities.

  • Must have knowledge of loan administration and operations transaction processing experience.

  • Able to multi-task in a fast-paced environment and a team-oriented person.

  • Strong knowledge and use of Microsoft Office Products (Microsoft Word and Excel).

The expected base salary ranges from $90,000 - $110,000. 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.

#WayUp

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.

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 perform pre-employment substance abuse testing.

#LI-MIZUHO


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Loan Control Associate

Mizuho Financial Group