Director, AML Transaction Monitoring

Join Mizuho as a Director, AML Transaction Monitoring!

In this role you will bridge business needs and IT solutions within the compliance field. This role involves analyzing requirements, designing technology solutions, and ensuring effective implementation to achieve the transaction monitoring strategic state. You will collaborate with stakeholders to gather requirements, define project scope, and ensure regulatory alignment.

Responsibilities include developing and enhancing transaction monitoring systems (PRIME BSA, Quantexa) and the supporting case management system (Hummingbird). The Functional Analyst will identify and implement technical capabilities in support of Model Risk and a data control framework. Additionally, the individual will work across all compliance domains to ensure consistent reporting and build new capabilities.

The ideal candidate should have a strong background in IT compliance, business analysis, and project management, with a deep knowledge of regulatory requirements and industry standards. Excellent analytical, problem-solving, and communication skills are essential.

Key Responsibilities:

* Functional Analysis:
Translate complex compliance and regulatory requirements into clear, actionable technical specifications. Lead the analysis and design of compliance technology solutions, including transaction monitoring and case management, and reporting. Identify and implement process improvements and data controls to meet regulatory standards.

* Project Support:
Collaborate with cross-functional teams including Compliance, IT, Risk, and external vendors to define project scope and deliverables. Assist in the planning, execution, and delivery of compliance technology projects, ensuring they align with business objectives and regulatory standards. Manage project documentation, timelines, and deliverables using JIRA and Confluence. Support full project lifecycle from requirements gathering through UAT and post-implementation review.

* System Development and Enhancement:
Support the development and enhancement of compliance systems, including transaction monitoring, case management, and surveillance.

* Regulatory Compliance:
Ensure that all compliance technology solutions meet regulatory requirements and industry standards.

* Process Optimization:
Identify opportunities for process improvements and implement technologies to streamline compliance workflows and reduce manual intervention.

* Reporting and Documentation:
Prepare and present regular reports on compliance technology initiatives, project status, and key outcomes to senior management.

Qualifications:

* Education:

Bachelor's degree in IT, Computer Science, Business Administration, or related field; advanced degree preferred.

* Experience:

10+ years in IT compliance, business analysis, or related roles in financial services.

* Technical

Skills:

Proficiency in compliance tech solutions, regulatory reporting systems, and case management tools.

Required:

SQL, Oracle, Snowflake, Power BI, and reporting mockup design tools. Programming languages and database management a plus.

* Compliance Knowledge:
In-depth understanding of AML, sanctions screening, restricted data, employee trading monitoring, electronic communication surveillance, and regulatory reporting standards.

* Analytical

Skills:

Strong analytical and problem-solving abilities to translate business needs into technical requirements and resolve complex compliance issues.

* Communication

Skills:

Excellent interpersonal and communication skills for effective collaboration with stakeholders at all levels.

* Project Management:
Experience in supporting large-scale IT projects, with a solid understanding of project management methodologies (e.g., Agile).

* Regulatory Knowledge:
In-depth knowledge of regulatory requirements and industry standards related to compliance technology. Deep understanding of financial regulations and industry standards (SEC, FINRA, GDPR, etc.)

Key Outcomes:

* Improved compliance monitoring and surveillance capabilities.

* Streamlined compliance processes and reduced manual intervention.

* Successful support of compliance technology projects within budget and timeline.

The expected base salary ranges from $160k-$230k. 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-Hybrid

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…