Posted 17 days ago
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The Investment Banking Controller VP is responsible for the accounting and financial reporting for a range of banking businesses (e.g., IG, HY, securitization, margin loans, ECM, advisory, lending). The role oversees daily, monthly, and quarterly P&L production and analysis, general ledger closes, balance sheet substantiation, deal valuation, and resolving variances between expected and actual revenues. The controller supervises and leads the Banking Control team, liaises with front office and other firm functions, and drives process reengineering and finance initiatives. This position requires strong accounting and Excel skills and significant product control experience.
- Compensation
- $120,000 – $200,000 USD
- City
- New York City
- Country
- United States
Currency: $ (USD)
Full Job Description
A Securities Banking Controller is responsible for the accounting and financial reporting of all banking businesses which include but are not limited to IG, HY, Securitization, Margin Loans, Equity Capital Markets, Advisory, Lending, Deposits, and Working Capital Solutions. Banking Controllers are responsible for the monitoring of deals/transactions, P&L, and act as a primary control function. The controller is also expected to resolve variances between expected Business revenues and actual revenues. Additionally, the controller will be responsible for ensuring that daily, monthly, and yearly reporting agrees to the general ledger and by legal line item. The controller will perform the above for certain desks while supervising all desks. They will be leading various projects and enhancements for the Banking Control team.
Essential Job Duties:
Daily, monthly, and quarterly P&L production and analysis including Volcker reporting, etc.
Daily interaction with business
Liaison with various areas within the firm (e.g. Front-Office, COO, Operations, Technology, FP&A, Accounting, etc.)
Supervising the team to ensure daily processes are completed and deadlines/requests are met
Process reengineering to improve efficiency
Month-end General Ledger closes in conjunction with the accounting team
Balance sheet substantiation
Ad hoc requests from the front office or management
Participation in Finance initiatives/projects
Assess new deals for appropriate valuation, accounting treatment, and disclosure in the financial statements
Qualifications:
Investment Banking experience
CPA or CFA preferred, but not required
8+ years of product control experience
High attention to detail
Fast learner and team player
Strong analytic and problem-solving skills
Highly proficient in Excel (v-lookups, pivot tables)
Strong interpersonal and communication skills; the ability to clearly articulate ideas
Accounting or Finance degree required
The expected base salary ranges from $120,000 - $200,000. 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.
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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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