Head of Compliance Department/Director

Mizuho Amsterdam

What is required?

Bachelor or Master degree in Compliance, or Certified Compliance Professional
Banking and regulatory experience
More than 5 years financial compliance experience
From 3 to 4 years managerial experience (team or department)
Leadership qualities, including team development, culture shaping, and project and change management
Experienced compliance professional, who understands the companies profile and can work with stakeholders to support the companies strategic direction
Good corporate and investment bank product and compliance knowledge
Profound technical knowledge, skills, and IT competence
High analytical, communication and social skills
Excellent command of the Dutch and English language, both verbally and in writing

What will you get?

€115K - €135K gross p/y (depending on knowledge and experience) including 13 th month and holiday allowance
Annual bonus
37,5 hour working week (flexible working hours)
Possibility to work flexible and remote
30 vacation days (based on fulltime employment)
Option to buy or sell leave annually
Technical and professional training possibilities
100% company paid defined contribution pension plan
Global employee mobility plan
Unique opportunity of working in a dynamic international and multicultural environment and being part of one of the largest financial institutions of the world

What will you do?

20% Overseeing and enhancing compliance tasks, ensuring adherence to KYC/AML, SIRA, market risk
30% Assessing controls and strengthening the overall regulatory compliance framework
20% Managing the compliance team, providing guidance and support
20% Attending internal meetings, participating in committees, and maintaining proactive communication with stakeholders
5% Formulating MTP, handling HR related tasks, and performing departmental planning
5% Budget planning, travel, and managing regulatory obligations

This vacancy has been created based on interviews with employees to help you get a realistic preview of the job.

Vacancy

As the Head of Compliance Department/Director at Mizuho, you will play a pivotal role in maintaining and enhancing MBE's Compliance Framework, reporting directly into the Chief Risk & Financial Officer (CR&FO) and the Management Board member. In this role, you are expected to lead a team of compliance professionals, offering valuable guidance and support to ensure all compliance tasks are conducted effectively. This includes critical areas of compliance such as KYC/AML, SIRA, market risk, insider regulation, MIFID/EMIR, and the overall regulatory compliance framework.

In light of Mizuho in the EMEA region adapting its business model to a more integrated Corporate Investment Model, MBE will support the region in its effort to enhance and better streamline the compliance functions. You will be asked to support this transformative effort. In addition to compliance tasks, your role will involve managing MBE's regulatory obligations, ensuring that the bank takes necessary steps to mitigate regulatory compliance risks.

As part of the management responsibilities, you will be developing the departmental strategy, planning and setting targets while considering regulatory and operational timelines. You will also be responsible for preparing Management Information, including materials for presentations to the Supervisory Board and various MBE committees. Your role will further encompass managing departmental staff, handling HR matters, preparing budgets, addressing audit items, and participating in MBE committees.

The Compliance Department at Mizuho, which you will be heading, is an oversight department forming part of the second line of defence. The department is responsible for the overall Compliance Framework of MBE. As a leader, you will be joining a team that values activity, cooperation, and a positive attitude, making a significant contribution to Mizuho's commitment to regulatory compliance and integrity.

As the Head of Compliance Department/Director at Mizuho, you will play a pivotal role in maintaining and enhancing MBE's Compliance Framework, reporting directly into the Chief Risk &amp; Financial Officer (CR&amp;FO) and the Management Board member. In this role, you are expected to lead a team of compliance professionals, offering valuable guidance and support to ensure all compliance tasks are conducted effectively. This includes critical areas of compliance such as KYC/AML, SIRA, market risk, insider regulation, MIFID/EMIR, and the overall regulatory compliance framework.
In light of Mizuho in the EMEA region adapting its business model to a more integrated Corporate Investment Model, MBE will support the region in its effort to enhance and better streamline the compliance functions. You will be asked to support this transformative effort. In addition to compliance tasks, your role will involve managing MBE's regulatory obligations, ensuring that the bank takes necessary steps to mitigate regulatory compliance risks.
As part of the management responsibilities, you will be developing the departmental strategy, planning and setting targets while considering regulatory and operational timelines. You will also be responsible for preparing Management Information, including materials for presentations to the Supervisory Board and various MBE committees. Your role will further encompass managing departmental staff, handling HR matters, preparing budgets, addressing audit items, and participating in MBE committees.
The Compliance Department at Mizuho, which you will be heading, is an oversight department forming part of the second line of defence. The department is responsible for the overall Compliance Framework of MBE. As a leader, you will be joining a team that values activity, cooperation, and a positive attitude, making a significant contribution to Mizuho's commitment to regulatory compliance and integrity.

If you enjoy leading a dedicated team of professionals and find it challenging to maintain and enhance a robust Compliance Framework amidst changing regulations, then this is the right job for you.

Working week

Head of Compliance Department/Director

On an enjoyable day, you are providing tangible support with positive contributions to your colleagues and organization.

On a less enjoyable day, you are reporting to the Head Office and being confronted with too many problems.

09:00
10:00
11:00
12:00
13:00
14:00
15:00
16:00
17:00
18:00

- Daily stand-up
- Overseeing compliance tasks
- Reading and responding to emails
- Lunch
- Managing KYC/AML procedures
- Attending internal meetings
- Administration
- Daily stand-up
- Assessing controls
- Providing team guidance
- Lunch
- Strengthening regulatory compliance
- Preparing for MTP
- One-on-one meeting with a team member
- Daily stand-up
- Conducting weekly departmental meeting
- Overseeing regulatory obligations
- Lunch
- Planning budget and travel
- Reading and responding to emails
- Administration
- Daily stand-up
- Managing HR related tasks
- Attending internal meetings
- Lunch
- Handling compliance systems maintenance
- One-on-one meeting with a team member
- Reading and responding to emails
- Daily stand-up
- Overseeing compliance tasks
- Managing departmental planning
- Lunch
- Managing KYC/AML procedures
- Administration
- Reading and responding to emails

As the Head of Compliance/Director at Mizuho, you face new regulatory changes impacting your team's already heavy workload. How do you handle this?

Firstly, you ensure a thorough understanding of the new regulations. You then convene a team meeting to communicate these changes, reassess priorities and provide clear guidance on how to balance the new requirements with ongoing tasks. You consider whether additional resources or training are needed and maintain open communication, continuously monitoring the situation to adjust plans as needed.

Growth

The goal of Mizuho Bank Europe is that employees have the right skills, knowledge and attitude to drive results they need to achieve. Their key principle is that trainings should be accessible to anyone and contribute to their strategic business goals. Because of that, employees are allowed to follow a study or training in a relevant field. Additionally, Mizuho promotes internal and international vacancy's so employees can move from one department to another.

Head of Compliance Department/Director

Working at Mizuho

Mizuho Bank Europe N.V. (MBE) is a fully-licensed bank incorporated in the Netherlands and supervised by De Nederlandsche Bank (DNB) and the Autoriteit Financiële Markten (AFM). With over 45 years of experience providing financial services to Japanese and non-Japanese customers in the region, Mizuho has developed a solid client base and expertise throughout the European single market - with a focus on the markets in the Benelux, Iberia, and Central & Eastern Europe - using their EU Banking Passport.

View company profile of Mizuho