AVP/VP, Anti-Money Laundering Senior Business Auditor
Mizuho
Mizuho Bank, Ltd. is one of the world’s leading financial institutions, supported by Mizuho Financial Group’s global network and more than 150 years of banking heritage. For over 30 years, Mizuho has been a proud part of India’s growth story. Today, our team of professionals works across Mumbai, Gurugram, Chennai, Bengaluru, and Ahmedabad, as well as at our International Banking Unit in GIFT City.
In India, Mizuho combines the strength of a global Japanese bank with deep local market understanding, acting as a trusted bridge between India, Japan, and the world. As India continues to emerge as one of the world’s most important economies, we are committed to expanding our presence and investing in our people.
At Mizuho, you gain the stability and reach of a global bank, along with the pace, ownership, and opportunity of a growing franchise — plus the chance to collaborate with colleagues and clients across our international network.
Auto req I
2195BR
Department
Internal Audit Department
Section
Internal Audit Department
Location
Navi Mumbai, India
Job Responsibilities
Role Summary
The anti-money laundering (AML) Senior Business Auditor is responsible for leading and performing audits of the bank’s AML business processes and controls. This role focuses on evaluating the effectiveness of AML policies, procedures, and operational practices to ensure compliance with regulatory requirements and internal standards. The Senior Auditor will play a key role in strengthening the AML control environment by providing risk-based insights and practical recommendations that help mitigate financial crime risk.
Key Responsibilities
Audit Planning & Execution:
- Lead and perform end-to-end audits of AML business processes, including customer due diligence, know your client , transaction monitoring, suspicious activity reporting , sanctions screening, and correspondent banking.
- Develop risk-based audit plans and programs tailored to AML business operations.
- Carry out fieldwork, including interviews, process walkthroughs, and control testing, to evaluate the design and operating effectiveness of AML controls.
- Assess the bank’s compliance with AML regulations and internationally recognised standards including FATF recommendations.
- Review the implementation and effectiveness of the bank’s AML policies, procedures, and the broader risk management framework.
- Test the adequacy of controls related to customer onboarding, periodic reviews, enhanced due diligence , and high-risk customer management.
- Evaluate the effectiveness of transaction monitoring systems, alert handling, and escalation processes.
- Assess the quality, timeliness and completeness of suspicious transaction investigations and regulatory reporting.
- Prepare clear, well-structured audit reports that summarize findings, associated risk impacts, and practical remediation recommendations..
- Present audit results to senior management and relevant committees.
- Monitor and follow up on the timely implementation of corrective actions.
- Collaborate closely with Compliance, Risk, IT, and business teams to understand processes, identify gaps and share best practices.
- Advise business lines on AML control matters, and contribute training and awareness initiatives that strengthen the bank’s risk culture.
- Stay current on evolving AML regulations, emerging threats, and industry developments relevant to the bank’s activities.
- Provide insight and guidance on regulatory expectations and AML best practices.
- Bachelor’s degree in Finance, Business, Law, or a related discipline.
- Professional certifications such as CAMS (Certified Anti-Money Laundering Specialist), CFE (Certified Fraud Examiner) are highly desirable.
- 10+ years of experience in AML audit, compliance, or internal audit within a financial institution, preferably a bank.
- Strong understanding of AML regulations and international AML standards.
- Experience with AML business processes, risk assessment, and control testing.
- Excellent analytical, organizational, and communication skills.
- Ability to work independently, manage multiple priorities, and deliver high-quality outcomes.
- Strong report writing and presentation skills.