At a Glance
- Tasks: Oversee operational risk frameworks, focusing on technology, data, and third-party risks.
- Company: Mizuho, an inclusive employer committed to diversity and equality.
- Benefits: Competitive salary, 27 days leave, hybrid working, and wellbeing support.
- Other info: Flexible working arrangements and a commitment to inclusivity.
- Why this job: Join a purpose-led culture with opportunities for impactful change and career growth.
- Qualifications: Experience in operational risk, technology risk, and strong analytical skills.
The predicted salary is between 80000 - 100000 £ per year.
This job is with Mizuho, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community.
Profile Summary
To provide independent second line oversight and challenge of the firm's operational risk framework, with a focus on Technology, Algorithmic Trading/Model Risk, Data and Third-Party Risk. The role supports the identification, assessment, monitoring and reporting of operational risks across EMEA entities, ensuring compliance with regulatory expectations and driving improvements in operational resilience and risk insight.
Duties and Responsibilities
- Technology & Cyber Risk: Provide oversight and challenge of IT, cyber security, data and end-user computing risks, including review of control frameworks and penetration testing outcomes.
- Algorithmic / Model Risk: Oversee risks relating to algorithmic trading, models and automated decision-making, including governance, change control and monitoring of trading systems.
- Third-Party Risk: Provide second line oversight of outsourcing and supplier risk, including due diligence, ongoing monitoring and resilience considerations.
- Operational Resilience: Review and challenge identification of critical business services, impact tolerances, scenario testing and business continuity arrangements.
- Risk Framework Oversight: Lead oversight of RCSA, KRIs, risk events and scenario analysis; challenge control effectiveness, root cause analysis and remediation actions.
- Risk Systems: Oversee the integrity, governance and effective use of the firm's Operational Risk Management systems (e.g. Archer / ORMS), including data quality, completeness and timeliness of risk information, alignment between regional and Head Office systems (including dual keying where applicable), oversight of system design, enhancements and user adoption, ensuring risk data supports meaningful reporting, analysis and decision-making.
- Data Risk: Provide independent second line oversight and challenge of data governance frameworks, ensuring alignment with regulatory expectations (e.g. BCBS 239) and Group standards. Provide challenge on data-related controls and frameworks, including data lineage, data integrity and monitoring controls, ensuring weaknesses are identified and remediated.
- Governance & Reporting: Provide clear and insightful reporting to senior management and governance forums; maintain strong stakeholder relationships across first line, audit and group entities.
- Leadership: Line manage and develop team members; promote a culture of effective challenge and continuous improvement; deputise for Head of Operational Risk where required.
Qualifications, Skills and Experience
- Strong experience in Operational Risk, Technology Risk, Cyber Risk or IT Audit
- Knowledge of technology and control frameworks, including cyber security and data risk
- Experience in third-party risk management and operational resilience frameworks
- Understanding of algorithmic trading / model governance (preferred)
- Strong analytical, problem-solving and risk assessment capability
- Good understanding of the banking regulatory environment (UK/EMEA)
What Mizuho can offer you
Here at Mizuho, there are fantastic progression opportunities and clear paths to promotion. We will give you ample opportunity to affect change and to help grow our business. 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*
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.
Operational Risk - Director employer: Mizuho
Mizuho is an exceptional employer that prioritises inclusivity and employee development, offering a dynamic work environment in the heart of EMEA. With competitive salaries, generous annual leave, and a commitment to flexible working arrangements, employees are empowered to thrive both personally and professionally. The company's strong focus on operational resilience and risk management ensures that team members can make a meaningful impact while enjoying robust support for their wellbeing and career progression.
StudySmarter Expert Advice🤫
We think this is how you could land Operational Risk - Director
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like Mizuho looking for candidates who are engaged and informed.
We think you need these skills to ace Operational Risk - Director
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at Mizuho. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at Mizuho
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with Mizuho’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
