Transaction Monitoring - Senior Associate

Mizuho Global Services India Pvt. Ltd.

Mizuho Global Services Pvt Ltd (MGS) is a subsidiary company of Mizuho Bank, Ltd, which is one of the largest banks or so called ‘Mega Banks’ of Japan. MGS was established in the year 2020 as part of Mizuho’s long term strategy of creating a captive global processing centre for remotely handling banking and IT related operations of Mizuho Bank’s domestic and overseas offices and Mizuho’s group companies across the globe.

At Mizuho we are committed to a culture that is driven by ethical values and supports diversity in all its forms for its talent pool. Direction of MGS’s development is paved by its three key pillars, which are Mutual Respect, Discipline and Transparency, which are set as the baseline of every process and operation carried out at MGS.

What’s in it for you?
Immense exposure and learning
Excellent career growth
Company of highly passionate leaders and mentors
Ability to build things from scratch

Know more about MGS:

Job Title:

Transaction Monitoring Analyst (Corporate Banking)

Location:

Chennai, India
Experience

Required:

8-10 Yrs
Function:  Anti-Money Laundering (AML) / Financial Crime Compliance
Language Requirement:  English

Role Summary

We are seeking a detail-oriented and analytical  Transaction Monitoring Analyst  specialized in Corporate Banking to join our Financial Crime Compliance team in Chennai. The role is responsible for reviewing and assessing transaction monitoring (TM) alerts generated through the bank’s monitoring systems, identifying unusual or potentially suspicious activity, and escalating alerts to  Country Compliance  where there are indicia of suspicion in line with a pre-determined framework.
The ideal candidate will have  10 +years of relevant experience  in transaction monitoring, AML investigations, alert review, or financial crime operations within a bank, financial institution, or shared service environment. Strong judgment, attention to detail, and the ability to document clear and concise rationales are critical for success in this role.

Key Responsibilities

Review and assess transaction monitoring alerts generated by the bank’s AML / surveillance systems in accordance with internal policies, procedures, and regulatory requirements.
Conduct alert investigations by analyzing customer activity, transaction patterns, customer profiles, account behavior, and available internal and external information.
Identify unusual activity and determine whether alerts present  indicia of suspicion  based on the established escalation framework.
Escalate cases with potential suspicious indicators to  Country Compliance  in a timely, accurate, and well-documented manner.
Prepare clear, concise, and complete case narratives, including the rationale for closing alerts or escalating them for further review.
Ensure all alert reviews are completed within agreed turnaround times and service level expectations.
Maintain high-quality standards in alert dispositioning and documentation to support auditability and regulatory review.
Apply a risk-based approach when assessing alerts, taking into consideration customer risk, geography, product usage, transactional behavior, and known typologies.
Liaise with internal stakeholders, including Compliance, AML Investigations, KYC/CDD teams, Operations, and business teams, where required to obtain relevant information.
Support periodic quality reviews, assurance checks, and remediation activities as needed.
Keep up to date with evolving AML / CFT regulations, internal policies, red flags, and financial crime typologies.
Contribute to process improvement initiatives to enhance the effectiveness and efficiency of the transaction monitoring process.

Required Qualifications and Experience

Bachelor’s degree in Finance,…