Company Overview
Mizuho has a long-term commitment to the Hong Kong market. With strong ties to Mizuhos global network and a workforce of over 600 staff in Hong Kong, we are able to help corporations in Hong Kong to expand their business worldwide. Our clients primarily comprise Japanese and non-Japanese corporations (including those domiciled in the PRC), financial institutions, and government and quasi-government organizations. We provide a full spectrum of corporate banking services to our customers including syndicated loans, treasury, transaction banking, financial advisory, project finance, merger and acquisition, leveraged finance, and structured finance.
Why Mizuho
At Mizuho, we provide the stability of an international industry leader with the career trajectory of a growing business. Our steady, strategic growth gives our people at all levels rewarding degrees of responsibility and a richer work experience than a boutique firm or an established giant could offer alone.
It is the local expertise of our employees that makes our global network so powerful. By collaborating with colleagues and clients who have your same ambition and drive, you can amplify your sphere of influence and base of knowledge as part of one of the largest—and growing—banks in the world.
About the team
The Internal Audit Department (Asia-Pacific Office) acts as an independent, objective assurance and consulting function, designed to add value and improve the banks management and controls. It helps the bank to accomplish its objectives by bringing a systematic and disciplined approach to evaluate and improve the effectiveness of the risk management and governance processes.
Role requirements
• Audit Planning & Execution: • Plan, design, and execute auditing activities mainly on AML systems (e.g., transaction monitoring, customer screening, case management platforms). • Assess the adequacy and effectiveness of related controls supporting AML processes, including system access, data integrity, change management, and incident response. • Review system implementation and upgrades to ensure AML requirements are embedded in design and configuration. • Compliance Assessment: • Evaluate compliance with AML laws and regulations, as well as international standards (e.g., FATF recommendations). • Assess alignment of IT systems with the banks AML policies, procedures, and risk management framework. • Testing & Analysis: • Test automated controls, rule engines, and algorithms used for transaction monitoring, sanctions screening, and suspicious activity detection. • Analyze data flows, interfaces, and reporting mechanisms to ensure accuracy and completeness of AML-related information. • Identify vulnerabilities or gaps in system controls that could expose the bank to AML risks. • Reporting & Recommendations: • Prepare clear and comprehensive audit reports detailing findings, risk implications, and actionable recommendations for remediation. • Present audit results to senior management, IT, and compliance teams, and track progress of remediation actions. • Collaboration & Advisory: • Work closely with IT, compliance, risk management, and business units to understand AML system requirements and processes. • Advise on IT risk management, system enhancements, and regulatory technology solutions for AML compliance. • Support special investigations or ad hoc reviews involving AML-related systems and data. • Regulatory Monitoring: • Stay current on regulatory developments, technology trends, and best practices in AML compliance and IT auditing in APAC region. Essential Functions
- Provide valuable recommendation for improving internal control;
- Prepare audit report or review report in accordance with the banks standards;
- Gather useful information for continuous monitoring.
Competencies
- Commit to high standards of business conduct and integrity; Has mind-set to initiate changes and improvements for higher productivity/performance;
- Builds good working relationship with other members and stakeholders and effectively collaborates with them to achieve Team/Section goals.
Work experience, education and skills
• Bachelors degree in Information Technology, Computer Science, Finance, or a related field.
• Professional certifications preferred, such as CISA (Certified Information Systems Auditor), CAMS (Certified Anti-Money Laundering Specialist).
• Minimum 7+ years of experience in IT auditing with a focus on AML or compliance in the banking sector.
• Strong understanding of AML regulations, banking operations, and related IT systems.
• Experience with AML monitoring software, data analytics tools, and IT governance frameworks.
• Excellent analytical, problem-solving, and communication skills.
• Ability to work independently and manage multiple assignments simultaneously.
Application
Employment of the in-scope positions are subject to Mandatory Reference Checking Scheme (MRCS) as per regulatory requirement. For details, please refer to (Mandatory Reference Checking Scheme Phase 2 I The Hong Kong Association of Banks).
Please indicate your current and expected salary on CV for the application
Mizuho Bank Limited
Mizuho Bank, Ltd. in Hong Kong is an integral part of the Japan-based Mizuho Financial Group, Inc. (NYSE: MFG). The Mizuho group is a global financial services leader with offices in 35 countries, approximately 52,000 employees, and assets of almost USD 2 trillion. Mizuho provides expertise in retail banking, corporate finance, investment banking, asset management, capital markets, and sales and trading, to help businesses develop and find new opportunities for growth. To learn more: www.mizuhogroup.com
Mizuhos People Philosophy
The Mizuho People Philosophy serves as the guiding standard for embodying Mizuhos Corporate Identity. It establishes the fundamental philosophy for the ways we support people within Mizuho, based on our belief that our peoples growth and fulfillment are essential to achieving our corporate goals. Mizuho is committed to:
- Supporting the professional growth of people
- Recognizing people who promote Mizuhos Values
- Fostering an inclusive culture where everyone can thrive as their true selves
The full text for the Mizuho People Philosophy can be accessed via this link:
https://www.mizuhogroup.com/sustainability/social/employees
Personal data collected will be kept in strict confidence, and will be used for recruitment purpose only.
