KYC - AVP

Mizuho Global Services Pvt Ltd (MGS) is a subsidiary company of Mizuho Bank, Ltd, which is one of the largest banks or so called Mega Banks of Japan. MGS was established in the year 2020 as part of Mizuho's long-term strategy of creating a captive global processing center for remotely handling banking and IT related operations of Mizuho Bank's domestic and overseas offices and Mizuho's group companies across the globe.

At Mizuho we are committed to a culture that is driven by ethical values and supports diversity in all its forms for its talent pool. Direction of MGS's development is paved by its three key pillars, which are Mutual Respect, Discipline and Transparency, which are set as the baseline of every process and operation carried out at MGS.

What's in it for you

o Immense exposure and learning

o Excellent career growth

o Company of highly passionate leaders and mentors

o Ability to build things from scratch

Know more about MGS: -

https://www.mizuhogroup.com/asia-pacific/mizuho-global-services

Job Title: KYC Assistant Vice President - APAC Region

Location: Chennai, Tamilnadu, India

Department: Global Know Your Customer/Anti-Money Laundering (Global KYC AML)

About Us:

Mizuho Global Services India Pvt. Ltd. (MGS) is a wholly owned subsidiary company of Mizuho Bank, Ltd. and it was established as part of Mizuho's corporate strategy of creating a centralized processing center for outsourcing banking and IT related operations from Mizuho's global offices and group companies.

We are expanding our operations in the APAC, EMEA and US region and seeking a detail-oriented and proactive Assistant Vice President to strengthen our compliance team.

Job Summary:

We are seeking an Assistant Vice President to join our KYC team. The successful candidate will play a critical role in ensuring the integrity of our Customer On-boarding processes and Periodic Review, conducting due diligence, and mitigating risks related to money laundering and financial crimes. The role demands, to have strong customer service abilities along with customer and industry knowledge and also work well in a fast-paced environment and have good organizational skills for delivering to deadlines.

Key Responsibilities:

• Conduct comprehensive KYC reviews for new and existing customers, ensuring compliance with regulatory requirements and internal policies.
• Perform enhanced due diligence (EDD) on high-risk customers, including politically exposed persons (PEPs), non-resident customers, and complex ownership structures.
• Analyze customer information, documentation, and transaction data to identify potential risks and red flags.
• Prepare detailed KYC reports and risk assessments, providing recommendations for account approval or escalation.
• Collaborate with Compliance, Risk, and Legal teams to address KYC-related issues and regulatory inquiries.
• Stay updated on regulatory changes, industry best practices, and emerging risks in KYC and anti-money laundering (AML) compliance.
• Mentor and provide guidance to junior analysts, supporting their development and performance.
• Participate in internal audits and regulatory examinations as required.
• Authorizing and investigating all transactions to defined KPIs
• Providing specialist support by monitoring and sharing MI
• Collecting and analyzing the required information from the customers and businesses
• Reviewing processes which could be enhanced to improve the customer experience

Qualifications:

• Bachelor's degree in Finance, Business, Law, or a related field.
• Minimum (10 -12yrs) of experience in KYC, AML, or financial crime compliance roles.
• Strong knowledge of APAC regulatory frameworks and global AML standards & compliance regulations.
• Strong understanding of KYC regulations, AML laws, and risk-based compliance approaches.
• Strong Knowledge of Corporate & Investment banking KYC Process.
• Proficiency in KYC/CDD systems and tools.
• Strong attention to detail with the ability to manage multiple tasks under tight deadlines.
• Effective communication skills, both written and verbal, with the ability to present findings clearly.
• Prior KYC SME Experience is an added advantage.

Preferred Skills:

• Professional certifications related to KYC/AML/FCC are highly desirable.
• Experience in KYC Onboarding, Periodic reviews, Remediations and Financial Crime Compliance.
• Multilingual capabilities, especially in languages relevant to the APAC region, are a plus.
• Risk Assessment & Management
• Regulatory Compliance, Data Analysis & Due Diligence

Why Join Us:

Dynamic and collaborative work environment.

Opportunities for professional growth and development

Address 16th Floor, Tower-B Brigade, World Trade centre, 142, Rajiv Gandhi Salai, OMR, Perungudi, Chennai, Tamil Nadu 600096