Assistant Vice President, Remittance Control Team, Deposit

4 months ago

Hong Kong, Hong Kong SAR China Mizuho Bank, Ltd Full time

Company Overview

Mizuho Bank, Limited has a long-term commitment to the Hong Kong market. With a strong global connection and a workforce of over 600 staff in Hong Kong, Mizuho Bank, Limited, is able to help corporations in Hong Kong to expand their business worldwide. Our clients comprise Japanese and non-Japanese corporations including PRC related ones, financial institutions, government and quasi-government organizations, etc. We provide a full spectrum of corporate banking services to our customers including syndication loans, treasury, transaction banking, financial advisory, project finance, merger and acquisition, leveraged finance, structured finance, etc.

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.

About the team

Deposit and Remittance Section ("DRS") is one of the operation units of the Hong Kong Administration Department of Mizuho Bank Hong Kong Branch. DRS provides operation support on Cash Management products and services to different business units, Head Office and various overseas branches.  It also participates in operation and control optimization, new products and business initiative projects which supports the growth of the Bank. 

Role requirements

  • Support and monitor the daily operational processes, and identify the potential risks and apply control by following the internal policies and regulation requirements, market best practice to mitigate risks, enhance compliance, and safeguard organizational assets and interests;
  • Work closely with both internal and external stakeholders to support the operational activities including enquiries of the team;
  • Handle cash management daily operations, including cross-border and domicile payment processing, account documentation processing, and reconciliation to ensure optimal cash positions and efficient operations;
  • Participate in digital transformation, continuous operation optimization and improvement initiatives, leveraging data-driven insights, industry best practices, and stakeholder feedback to enhance processes, streamline workflows, and achieve operational excellence;
  • Support projects and initiatives, collaborating with cross-functional teams and communicating effectively with internal and external stakeholders to ensure alignment, transparency, and successful project outcomes;
  • Perform ad-hoc exercises as assigned by Section Head or Team Head

Essential Functions

  • Support projects (i.e. ISO20022) and initiatives, collaborating with cross-functional teams and communicating effectively with internal and external stakeholders to ensure alignment, transparency, and successful project outcomes;
  • Participate in digital transformation, continuous operation optimization and improvement initiatives, leveraging data-driven insights, industry best practices, and stakeholder feedback to enhance processes, streamline workflows, and achieve operational excellence.

Competencies

  • We are looking for a detail-oriented individual who can support the ad-hoc project (i.e. ISO20022 project) of operation and drive the operational excellence in a prudent manner;
  • The individual should have a strong sense of commitment and responsibility;
  • Support the daily operation of the team without TH's guidance and handles irregular cases by obtaining necessary guidance from line managers; and
  • Has mind-set to initiate changes and improvements for higher productivity/performance; and
  • Proactively acquire necessary knowledge in managing the activities of the team.

Work experience, education and skills

  • University Degree with major in Banking, Finance or Accounting.
  • Minimum 4 years’ experience of remittance processing, account opening, or back office operation in the Banking industry.
  • Supervisory and project management experience are essential.
  • Sound interpersonal and communication skills.
  • Good command of PC skills including MS Office.
  • Good command of both spoken and written English and Chinese

 

Application

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 nearly 35 countries, approximately 55,000 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

Mizuho’s Commitment to Diversity, Equity and Inclusion

As an organization we aim to achieve robust sustainable growth far into the future, and continue to create lasting value for our clients and the economies and communities in which we operate. Promoting equity of opportunity and having an inclusive culture – where diversity in all its forms is welcomed, varied perspective and values are incorporated into our daily working practices and decision making, and all employees feel a sense of belonging and are proud to work – are key to achieving this aim. We target to achieve the DE&I goal through our three commitments: 1. Celebrate diversity 2. Promote work-life satisfaction 3. Create an inclusive culture

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