If you are interested in this candidate, please contact Simon Blau via email sblau@cerfinancial.co.uk or call on 0207 626 6065.

00006241

PROFILE:

Highly experienced in Investment Banking Operations and Risk Mgmt. I have covered a number of roles at a junior and senior level within Operations which has led me to successfully moving to Risk Mgmt. in January 2019.

I have been an Operational Risk Manager for 4 years, a lot of the skills learnt within Operations have been transferred across to my Risk Mgmt. role which has allowed me to further strengthen relation- ships across the firm. In addition, where there are different demands in my role, I have identified clear learning opportunities and worked on key areas for example, personal development, building new relationships and learning new processes within operational risk role. I am also actively involved in Mizuho’s Inclusion Networks and occupy the position of Co-Champion within the Family Network.

My recent key achievements are:

• Linked to the Family Network additional qualification gained completing the Radius Employee Net- work Leadership Programme.
• ILM Level 3 Diploma in Management achieved, July 2020.
• Promoted to Vice President in May 2020.
• Successfully led multiple RCSAs resulting in key updates to Mizuho’s overall risk profile.
• Successfully led multiple Scenario Analysis’ which has ensured Mizuho’s operational risk capital requirements are up to date.
• Successfully led a major upgrade (and subsequent enhancements) to Mizuho’s operational risk system (RSA Archer).

Prior to that, during my time in Operations I have effectively led teams, delivered consistent performance by way of people mgmt., training, process enhancements and reducing costs. I have worked on a number of projects in various capacities most notably, I played a pivotal role in working on Mizuho’s transformation project which mainly entailed moving all our back-office systems and pro- cesses to third party vendors for example Smartstream, Broadridge (Gloss), Murex and Oracle.

CAREER HISTORY:

July 2006 – Present

Banking

January 2019 – Present

Vice President – Operational Risk Manager – Risk Management

• Delivery, including review and challenge, of core elements of the framework, including Risk and Control Self-Assessment (“RCSA”), Key Risk Indicators (“KRIs”), risk event review, inherent and residual risk assessment, regular and ad hoc operational risk reporting for senior management and key governance committees, tolerance, scenario analysis, Capital, policies, and Mizuho Securities Co (“MHSC”) reporting requirements.
• Identification and delivery of enhancements to the framework to maintain a high level of value add to the business, including continuous challenge of the effectiveness of framework elements.
• Contribute to, and where required lead, initiatives such as deep dive control reviews, operational risk system development, and data framework.
• Develop and maintain strong and effective relationships with key stakeholders, including front office, support functions, audit, and MHSC Operational Risk.
• Support continued awareness of operational risk across the firm.
• Coordinate with Tokyo ORM team colleagues to ensure compliance with reporting and frame- work requirements.
• Third-Party Risk Management - maintain and update TPRM policy, review risk assessments ensuring the TPRM framework is adhered to. Key systems used are KY3P, Dun and Brad- street, EcoVadis and BitSight.
• Keep up to date with relevant industry specific Operational Risk issues, particularly in relation to the evolving regulatory landscape, bringing insight to the Operational Risk team and con- tributing to discussion on current themes.
• Demonstrate technical system expertise within the operational risk system (Archer) ensuring changes can be tested and implemented where required.

March 2014 – December 2019

Assistant Vice President – Manager, Operations – Cash/Liquidity Mgmt., Reconciliations and Collateral Mgmt.

Promoted in April 2014 – Associate to AVP

• Successful submission of PRA liquidity reporting data to the regulator completed Nov 2017.
• Manage and supervise members of the Cash, Collateral and Reconciliations team.
• Worked with Smartstream to develop IDLM template which aided L-SREP submission to the PRA during their recent visit, November 2017.
• Post PRA review, working with Smartstream to further enhance Liquidity reporting capabilities.
• Implemented a number of controls to help mitigate intraday liquidity risk in turn, improving the firm’s liquidity profile and reducing our firm’s credit usage.
• Undertook initial assessments focusing on liquidity improvements and reports working directly with a market leading expert in this area.
• Continuously work with IT Support to improve reconciliations system Smartstream, this includes regular reviews of matching rules and department allocations.
• Review risk framework working closely with Ops Risk, actively managing KRI’s and RCSA ratings.
• Successfully assisted in implementing Gloss settlements system, duties included Stakeholder Mgmt., UAT/SIT Testing and adhoc Project Mgmt. – August 2016
• Successfully tested and implemented our new Cash Mgmt. system Smartstream CMS – the key benefit of the new system is to automate current workflows/EUC’s thus reducing the manual workload – March 2015.
• Provide key support to the Treasury department, keep appropriate reporting accurate and up to date to ensure our balances and risk are reported in the line with the new regulatory requirements i.e. ILAA/PRA/FCA/Basel recommendations.
• Assist and provide support to the Transformation project team working on various projects to develop/install new back-office systems.
• Ensure any Exposures or Overdrawn balances are acted upon swiftly and reported to Senior Mgmt. where required.
• Ensure Department balance sheets are kept accurate and up to date.
• Complete Cash/Collateral Mgmt. month end reporting and any Ad hoc reports requested by Senior Mgmt.
• Undertake team member’s appraisals and year end reviews.
• Assist and report to Head of Department.

April 2013 - February 2014

Associate – Supervisor, Operations Cash Mgmt./Transaction Processing

Promotion received in April 2013 – Analyst to Associate

• Assist and report directly to Head of Operations.
• Provide key support to the Treasury department, keep appropriate reporting accurate and up to date to ensure our balances and risk are reported in the line with the new regulatory requirements i.e. ILAA/PRA/FCA/Basel recommendations.
• Manage and supervise members of the Cash Mgmt./Value date fails team, we cover all major markets including Japan Domestic US DTC/Fedwire, Hong Kong, Australia, Euroclear, Local European Markets and Gilts.
• Approve Money market deals, ensuring the appropriate swift confirmation/payment is sent.
• Approve Internal/External FX deals, ensuring the appropriate swift confirmation/payment is sent where required.
• Approve both teams’ Swift payments ensuring payments/pre advice are released within payment deadlines. Swift releasing includes Cash Mgmt. money transfers, trade pair off in- striction’s, Swap payments, monthly market claims.
• Approve Euclid instructions including Triparty deals.
• Monitor Bloc queues ensuring all trades where possible are allocated and matched on intend- ed settlement date.
• Provide an excellent service to Clients ensuring all Value date queries are dealt with in a professional and prompt manner.
• Liaise with Front office to resolve any trade issues.
• Undertake team member’s appraisals.
• Complete Cash/Transaction Processing month end reporting and any Ad hoc reports request- ed by Senior Mgmt.

October 2012 - March 2013

Analyst – Supervisor, Operations Cash/Collateral Mgmt.

• Manage and supervise members of the Cash/Collateral Mgmt. team.
• Ensure any Exposures or Overdrawn balances are acted upon swiftly and reported to Senior Mgmt. where required.
• Complete Cash/Collateral Mgmt. month end reporting and any Ad hoc reports requested by Senior Mgmt.
• Undertake team member’s annual appraisals.
• Keep up to date with market wide initiatives, we have recently undertaken extensive re- search on the potential new liquidity requirements proposed by the FSA, this was used to assist the Executive Committee.
• Assist and report to Line Manager/Head of Department.
• Cover Cash/Collateral Mgmt. role when required.

March 2012 - September 2012

Analyst, Operations – Trade Support

• Book JPY/Asian Equity, Futures and Convertible bonds trades originated by Equity/Equity sales desk through Fidesa/Murex.
• Report any JPY trades reportable to the FSA by 8am through Pro Quote.
• Generate daily P and L reports for the Equity/Equity sales books.
• Publish daily P and L figures to Senior Mgmt.
• Deal with trade confirms and distribute to Clients as required.
• Liaise directly with Clients/Front Office to resolve any trade queries/failing trades.
• Generate monthly fees in relation to Commission sharing.

May 2011 - February 2012

Analyst, Operations – Collateral Mgmt.

Ensure all areas of the Bank are sufficiently collateralised, areas include Repo Same Day, Repo Spot, CSA, and Same Day Equities.

Manage any disputes in a timely manner and where necessary liaise with the Front Office and Credit to ensure no exposures are left overnight.

Once calls are agreed book trades in Anvil, other front office platforms used include Bloomberg.

Ensure accuracy when agreeing calls ensuring prices are accurate and up to date.

Reconcile CSA portfolios on a monthly basis ensuring all trades are up to date.

Agree Cash pools on a monthly basis.

Generate monthly cash pool interest figures with Clients and pay/receive accordingly.

Maintain an awareness of current legislation surrounding Collateral Mgmt.

July 06 – April 2011

Analyst, Operations – Cash Mgmt.

Promoted in April 2009 – Senior Clerk to Analyst.

• Accurately forecast and relay the Banks Cash Positions across various currencies to the Repo & Treasury trading desk in a timely manner within the specified funding deadlines.
• Mizuho International trades in a wide range of products and this is highlighted in the number of accounts and currencies I deal with. Mizuho International trades in fifty different currencies including all the major currencies, I currently deal with over two hundred accounts in various locations worldwide on a daily basis.
• Reconcile all the external accounts accurately and in a timely manner.
• Be aware of, educate other staff on the impact that business activity has on the Bank’s cash positions.
• Report any unauthorised overdrafts to Senior Management and issue Third party claims/in- ternal costs in a proactive and timely manner.
• Prepare month end KPI financial reporting relating to Cash & Nostro Management and dis- tribute to Senior Management.
• Accurately calculate & report MHI’s credit line requirements vs. usage at Euroclear ensuring limits are not breached.
• Report Collateral required by MHI across all major Settlement Agents.
• Analyse and compile appropriate responses to Credit Risk where internal Nostro limits have been breached.
• Keep up to date with relevant Market initiatives, new procedures to ensure Treasury’s cash positions are maximised and Market rules are adhered. Recently I was heavily involved in managing and integrating the new US Treasuries and JGB claims procedures to ensure a smooth transition once the new market rules were implicated.

February 2005 – July 2006

Banking

Payments Clerk

• Repair and process Swift MT202 and MT103 incomplete payments for Business and Personal Customers.
• Support Business phone line and provide assistance with Swift payments.
• Ensure all payments queues are clear by the stipulated payment deadlines, any left outstanding must be reported to Line Manager.

September 2002 – February 2005

Banking

• During my time spent in Branch Banking I undertook a number of different roles covering all areas, these include Number one cashiering, Counsellor Support and Account opening.

EDUCATION:

• July 2020: ILM Level 3 Diploma for Managers
• August 2012: Diploma, ICMA Operations Certificate Programme
• September 1995 - June 2002: School
• 1995 - 2000: GCSE’s: 8 grades C’s including Maths, English and Science, 1 A in IT
• 2001 - 2002: 2 AS Level passes and 3 A Level passes.

References Available Upon Request

If you are interested in this candidate, please contact Simon Blau via email sblau@cerfinancial.co.uk or call on 0207 626 6065.

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