Description

About Us
MIZUHO BANK IS THE BANKING SUBSIDIARY OF MIZUHO FINANCIAL GROUP, WHICH IS HEADQUARTERED IN TOKYO, JAPAN. MIZUHO FINANCIAL GROUP, INC. IS THE 15TH LARGEST BANK IN THE WORLD, AS MEASURED BY TOTAL ASSETS OF APPROXIMATELY US 2 TRILLION. MIZUHO'S 55,000 EMPLOYEES WORLDWIDE OFFER COMPREHENSIVE FINANCIAL SERVICES TO CLIENTS IN OVER 800 OFFICES THROUGHOUT THE AMERICAS, EMEA, AND ASIA.

MIZUHO BANK SINGAPORE BRANCH HAS AN ESTABLISHED LOCAL PRESENCE WITH OVER 50 YEARS OF HISTORY AND SERVES AS THE REGIONAL HUB FOR THE BANK'S APAC OPERATIONS.

OPERATING WITH A FULL BANK LICENSE, MIZUHO BANK SINGAPORE BRANCH PROVIDES BANKING SERVICES TO OVER 2,000 JAPANESE AND NON JAPANESE CORPORATE CLIENTS, WITH A STAFF STRENGTH OF ABOUT 1,000 EMPLOYEES. WE PROVIDE EXPERTISE IN CORPORATE FINANCE, TRADE FINANCE, CASH MANAGEMENT, FUNDS TRANSFERS, PROJECT FINANCE, AND TREASURY SERVICES TO HELP BUSINESSES DEVELOP AND FIND NEW OPPORTUNITIES. WE ALSO COLLABORATE WITH OUR AFFILIATE COMPANY, MIZUHO SECURITIES, TO PROVIDE INVESTMENT BANKING SOLUTIONS TO OUR CLIENTS.

Job Responsibilities
• Ensure sound risk management related to sanctions.
• Ensure changes impacting filtering is adequately assessed and signed off as per operational guidelines and for filtering system.
• Timely uploading of sanction lists into filtering systems.
• Provides timely advice and approves transactions escalated hits. Provides training where necessary.
• Provides advice related to changes impacting filtering.
• Ensuring staff receive adequate financial crime compliance (FCC) training proportionate to their roles.
• Reporting of Suspicious Transaction report (STR) in accordance with local regulations.
• Responding to inquiries and instructions from the APAC Regional CCO Office and Head Office Financial Crimes Compliance Department (FCCD).
• Ensure that Mizuho Singapore has sanctions screening processes and controls that are well documented, adequate and working effectively and appropriate to the risk.
• Ensure that issues raised by Internal / External auditors or through compliance monitoring are escalated to senior management and addressed appropriately.
• Prepare the list of names in local Badguy list for upload into Filtering systems (i.e. MOBIUS-AML/ISCS-AML).
• Review the local Badguy list on an ad-hoc basis.
• Review the request for registration of Good Guys List into MOBIUS-AML/ISCS-AML prior to submission to Head Office.

Job Requirements
Functional Expertise
• Ability to perform tasks without errors.
• Apply AML/CFT knowledge to monitor pre and live customers' transactions.
• Understand and appreciate risk as an element in products and services across various industries and how the bank to mitigate the risk.
• Make sound risk judgment and decision based on recommendations and data provided.

Business Acumen
• Demonstrate good understanding of basic Mizuho banking products and services (remittances, cash & cheques, loans, FX, time deposits, trade finance).
• Demonstrate fundamental knowledge of MLTF risk of each Mizuho banking products and services.

Communication Skills /Relationship Management
• Demonstrate good understanding of AML/CFT regulations, policies, and procedures.
• Explain standards and requirements within the context of risk and its implication, within their respective function.

Systems / Application
• Perform ad hoc tasks in the team, which includes uploading of sanction lists and preparing. reports, and ensuring documents and files used in AML function are accurately maintained.
• Perform intermediary level excel function such as using for example, v-lookup, pivot table, and other functions required for day to day work.
• Able to operate AML systems in an accurate and effective manner.