Financial Crime and Sanctions Associate Director

Date: 20-Jun-2022

Location: London, GB

Company: Mizuho

Who are we?
We are not your typical financial institution. It’s our people who make us a cut above. Here, every person is respected because of their differences, not in spite of them. 
We pride ourselves on a culture of purpose, passion and compassion. 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. 
Working for Mizuho opens doors not just to a rewarding career with excellent prospects, but to lasting friendships with colleagues from diverse cultures. It’s the local expertise of our employees that makes our global network so powerful. By collaborating with colleagues and clients who have your same ambition, you can amplify your sphere of influence and base of knowledge as part of one of the largest—and growing—banks in the world.
What is the opportunity? 
To support MHBK Branches and Subsidiaries in the EMEA region with the implementation of the Bank’s global Anti-Money Laundering(AML) ,Customer Due Diligence/KnowYour Customer (CDD/KYC)  policies, procedures and practices, taking into account regional and local regulatory standards and requirements.   
To act as the specialist knowledge centre on European Union Sanctions (including implementation by member states) and United Kingdom Sanctions regimes and provide support  to EMEA region offices and Mizuho Globally to ensure that the bank complies with its legal obligations 
To provide material assistance to EMEA offices for the operation of transaction filtering, transaction monitoring, customer screening and due diligence systems.  
What will you be doing?
•    Monitoring changes and developments in EU, UK and US sanctions regimes and providing support to Business units and Compliance staff both within and outside the EMEA region on the understanding and application of economic sanctions (including consultation with  external legal counsel) and advising on risk mitigation as required.   
•    Monitoring EU and UK legal and/or regulatory developments in relation to AML, CfT and  financial crime (including tax evasion). Work with the Regulatory Change Management Team to ensure appropriate EU/EMEA implementation of necessary regulatory change.  
•    Act as the principal EMEA liaison team for Head Office CPD AML team and Head Office  Sanctions Compliance Teams .  Engaging with HO CPD to ensure that  changes and/or updates  to the Banks’  Global  AML and/or Sanctions  Compliance policies and procedures and systems are appropriately understood  for implementation into EMEA Branches and business models (where relevant). 
•    Conduct Quality Assurance checks on AML and Sanctions policies, procedures and implementation  within the EMEA Region.  Monitor and close QA and Completeness tasks associated with Transaction Monitoring and Screening alert reviews, CDD onboarding and CDD regular reviews. 
•    Work with the European IT And Operations Department (EIOD) to ensure that transaction screening, transaction monitoring and customer screening systems and processes operate effectively across the  EMEA region.     
•    Work with Internal Audit Department Europe (IADE), other EMEA internal audit staff and external auditors to address any audit items or technical system validation findings, relevant to AML/CDD/Financial Crime/Sanctions.  
•    Conduct or support thematic and targeted reviews in response to issues/events internally within the Bank , or in response to external events (enforcement action and/or penalties in relation to AML/CDD, Financial Crime and/or Sanctions matters).       
What do you need to succeed?
•    Experience with AML and CDD procedures (customer onboarding and regular review in accordance with EU Money Laundering Directives (and implementation within member states) 
•    Experience of using transaction filtering systems (such as FircoSoft). Experience with transaction monitoring systems
•    Experience with other AML technology solutions including Client Lifecycle systems (such as Fenergo or PEGA). 
•    Experience of dealing with enquiries relating to the Implementation of EU Economic Sanctions and/or Trade Embargoes/Restrictions under the Common Foreign & Security Policy (CFSP)
What Mizuho can offer you

Here at Mizuho, there are fantastic progression opportunities and clear paths to promotion. We will give you ample opportunity to affect change and to help grow our business.

In addition to the great opportunity outlined above we are also currently able to offer:

•    Competitive starting salary, plus discretionary bonus 
•    Non-contributory pension
•    25 days’ annual leave (increasing with service)
•    Core working hours*
•    Hybrid working  - office and home based*
•    Virtual GP
•    Wellbeing benefits, including Mental Health Allies and First Aiders

*For applicable roles only

We champion a flexible work environment, as we understand the need for people to meet other commitments or simply strike a good work-life balance.  As such, we are happy to talk flexible working for this role such as reduced working hours.  The role will also include homeworking.  
At Mizuho we are committed to supporting inclusion, equity and diversity, and seek to create a workplace that is fully inclusive.  We welcome applications from all sections of the community that we operate in and from all ethnic backgrounds, sexual orientation, beliefs, gender identities and disabilities.  
If you require more information about our equal opportunities policy or wish to discuss any accessibility requirements or reasonable adjustments please contact the recruitment team – and we will be happy to help. 




Mizuho Bank provides financial and strategic solutions for the increasingly diverse and sophisticated needs of international clients, focusing its efforts on serving major corporations, financial institutions, individuals and public sector entities. A relationship management approach to serving clients enables Mizuho Bank, together with group companies including Mizuho Trust & Banking and Mizuho Securities, to develop customised solutions in areas such as corporate, structured and project finance, transaction banking and risk management. 

With 81 offices outside Japan, Mizuho Bank offers both local experience and the ability to progress careers across its global business network. Mizuho Bank is a subsidiary of the Japan-based Mizuho Financial Group, Inc, one of the largest financial services companies in the world, with total assets of approximately US $1.8 trillion (as of March, 2016). Mizuho London Branch has over 850 employees, Mizuho Bank employs over 27,000 employees and is part of the Mizuho Financial 
Any personal data you provide will be processed in accordance with our Recruitment Privacy Notice. Please do not create an account or apply for any vacancy if you do not agree to the terms of our Recruitment Privacy Notice available here