Mizuho Bank

The Financial Crime Compliance team within Compliance is responsible for the Anti-Money Laundering (AML), Sanctions, and Anti-Bribery & Corruption programs.. The models include the customer risk rating, transaction monitoring, and transaction filtering.. Execute the model risk framework and standards for the AML and Sanctions models in accordance with the Mizuho Model Risk Policy. Oversee the annual KPMG model validation of the transaction monitoring and sanctions models. Mizuho Americas employs approximately 3,500 professionals, and its capabilities span corporate and investment banking, capital markets, equity and fixed income sales & trading, derivatives, FX, custody and research.

financial crimes

Head of Financial Crimes Modelling & Analytics The Compliance function manages compliance and regulatory risk by establishing compliance policies, providing training, conducting compliance reviews, and coordinating regulatory examinations and relations.  The Financial Crime Compliance team within Compliance is responsible for the Anti-Money Laundering (AML), Sanctions, and Anti-Bribery & Corruption programs. Summary The Head of FCC Modelling & Analytics is responsible for ensuring that the AML and Sanctions models and systems are designed appropriately and executed effectively that they are meeting all required model governance standards.  The models include the customer risk rating, transaction monitoring, and transaction filtering.  To achieve success this person will partner closely with stakeholders from AML, Sanctions, the Chief Information Office (including technology, operations, and data management), and the businesses. Responsibilities * Execute the annual Transaction Monitoring (TM) Risk & Typology Coverage Assessment, including: + Maintaining a list of risks and typologies identified by regulators, standard-setters (FATF), and law enforcement + Identifying the products and services that require TM + Mapping those risks and typologies to our products and services that require monitoring + Maintaining an inventory of the monitoring in place (both automated and manual) for our applicable products and services + Determining the coverage of the applicable risks and typologies in the monitoring in place for each applicable product and service * Perform an annual Scope of Monitoring Exercise to identify the source systems that feed the TM s and Sanctions systems and the underlying transaction types for each system and determines which are “relevant” requiring monitoring, and to determine if the relevant codes are feeding the automated and manual solutions * Conduct a TM Productivity Assessment to ascertain the effectiveness of the TM system * Tune and optimize the models based on the ATL/BTL and Productivity Assessment results * Execute the model risk framework and standards for the AML and Sanctions models in accordance with the Mizuho Model Risk Policy * Oversee the annual KPMG model validation of the transaction monitoring and sanctions models * Work with IT to establish and monitor data quality controls between point of exchange systems and our AML and Sanctions systems * Partner with the CIO function on the broader Data Program Roadmap * Liaise with Head Office regarding model changes, approvals, and communication of any issues * Lead / coordinate user acceptance testing and data validation programs Qualifications * 10+ years’ experience in Modelling and Analytics with a focus on AML and Sanctions * Bachelor’s degree; master’s degree desired * Strong knowledge of the legal and regulatory obligations applicable to money laundering and sanctions * Excellent writing, communication, analytical, judgment and research skills with strong attention to detail and the ability to multitask * Ability to communicate complex topics to audiences in a simple and easy-to-understand manner The expected base salary ranges from $200,000.00 - $275,000.00. 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, successful candidates are eligible to receive a discretionary bonus. #LI-NR1 Other requirements Mizuho has in place a hybrid working program, with varying opportunities for remote work depending on the nature of the role, needs of your department, as well as local laws and regulatory obligations. Company Overview Mizuho Financial Group, Inc. is the 15th largest bank in the world as measured by total assets of ~$2 trillion. Mizuho's 60,000 employees worldwide offer comprehensive financial services to clients in 35 countries and 800 offices throughout the Americas, EMEA and Asia. Mizuho Americas is a leading provider of corporate and investment banking services to clients in the US, Canada, and Latin America. Through its acquisition of Greenhill​, Mizuho provides M&A, restructuring and private capital advisory capabilities across Americas, Europe and Asia. Mizuho Americas employs approximately 3,500 professionals, and its capabilities span corporate and investment banking, capital markets, equity and fixed income sales & trading, derivatives, FX, custody and research. Visit www.mizuhoamericas.com.​​ Mizuho Americas offers a competitive total rewards package. We are an EEO/AA Employer - M/F/Disability/Veteran. We participate in the E-Verify program. We maintain a drug-free workplace and perform pre-employment substance abuse testing. #LI-MIZUHO

START NEW SEARCH