Financial Crimes Quality Assurance (Finance)

The Americas Compliance Department (ACD) manages compliance risk in the United States for Mizuho Bank Ltd. and its U.S. subsidiary bank, Mizuho Bank (USA) and also provides compliance support services to Mizuho Americas LLC, the U.S. bank holding company for Mizuho Financial Group.

Summary

The successful candidate will join the centralized Financial Crime Compliance Quality Assurance (FCC QA) team within the Financial Crime Compliance department. This role will be expected to perform ongoing testing of the AML Transaction Monitoring, KYC, and Sanctions procedures against regulatory requirements. In addition to testing in search of any control weaknesses, the FCC QA Associate will also assess and present opportunities for enhancement to the QA function. This individual may also provide both formal and informal training, as well as the contribute to enhancement of policies and procedures.

This position is hybrid and based in our New York City Office.

Responsibilities

• Implement, perform, and document QA reviews of AML Transaction Monitoring/KYC/Sanctions cases to determine the effectiveness of control and to evaluate the word product for quality, accuracy and sound decision making.
• Communicate QA results to stakeholders and management as well as monitor resolution of any cases which require remediation or corrective action.

• Identify areas of risk and make recommendations on operational improvements, processes for compliance, quality assurance and any additional training essential to mitigate risk.
• Assist in the design and management of trackers/reports for robust oversight and insightful metric reporting.
• Assist in the review, publishing and/or development of Key Performance Indicators (KPIs) and Key Risk Indicators (KRIs) for relevant reporting.
• Complete ad hoc projects, such as gathering material for regulatory and audit exams, lesson learned trainings, or review of industry best practices to ensure ongoing effectiveness of the QA program, as needed.

Qualifications

• Minimum 3 years of AML/KYC QA experience. Familiarity with laws and guidance applicable to money laundering (i.e. Bank Secrecy Act, USA PATRIOT Act etc.) Years of specialized experience in Financial Crimes Compliance or related function at a globally diversified financial services organization.
• Comprehensive knowledge of KYC, AML Transaction Monitoring, and Sanctions processes.
• BA or BS Degree in finance, law, criminal justice, or a related field
• CAMS Certification preferred
• In-depth understanding of Financial Crime Compliance regulations including but not limited to USA Patriot Act, Bank Secrecy Act and OFAC.

Special Skills/Technical Requirements:

• Exhibits sound judgement, a sense of urgency, and a commitment to accountability.
• Effective time management, collaboration and communication skills with all levels of the organization, including excellent organizational skills and experience managing multiple responsibilities.
• Strong interpersonal and leadership skills, fostering a collaborative team environment.
• Strong written and verbal communication skills.
• Advanced proficiency in Microsoft Suite, Compliance and Transaction Monitoring Systems and Microsoft Suite, to include Power BI, Fenergo, Prime Compliance Suite, Hummingbird, Fircosoft.

The expected base salary ranges from $98,000.00 - $110,000.00. 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 but not limited to Medical, Dental and 401k that begin on day one of employment, successful candidates are also eligible to receive a discretionary bonus.

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