Summary
The Sanctions Compliance Associate will work to strengthen all aspects of the bank's Sanctions Compliance Program, including effective policy, procedure, and risk management.
Principal Duties and Responsibilities
Conduct thorough reviews and investigations of transaction and customer related escalations to determine potential sanctions related risks.
Conduct robust due diligence and maintain evidence of all communications and due diligence performed.
Document detailed dispositions that adequately mitigate the risks for transactions and customer-related escalations.
Report on key KRI/MIS relating to sanctions compliance for senior management and Head Office.
Assist in maintaining OFAC policies and procedures.
Assist in projects to address gaps and issues identified in response to NYS DFS Part 504 model validation efforts.
Assist in developing and implementing targeted training for operations teams.
Assist Sanctions Officer with ad-hoc projects, as necessary.
Qualifications
BS Degree required.
Min. 2 years' experience working in a sanction's compliance function at a large Bank or conducting sanctions related audits.
Experience conducting OFAC investigations.
Extensive knowledge of OFAC regulations.
The expected base salary ranges from $89,250.00 - $105,000.00. 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.
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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. Roles in some of our departments have greater in-office requirements that will be communicated to you as part of the recruitment process .
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 reserve the right to require pre- and post-hire drug testing as permitted by applicable law.
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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'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 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.
For more information, please view our Recruiting Brochure (https://www.mizuhogroup.com/binaries/content/assets/pdf/americas/share/2022/7/210298-recruitment-brochure-r02ev-******** .pdf)