Company Overview
Mizuho has a long-term commitment to the Hong Kong market. With strong ties to Mizuho’s global network and a workforce of over 600 staff in Hong Kong, we are able to help corporations in Hong Kong to expand their business worldwide. Our clients primarily comprise Japanese and non-Japanese corporations (including those domiciled in the PRC), financial institutions, and government and quasi-government organizations. We provide a full spectrum of corporate banking services to our customers including syndicated loans, treasury, transaction banking, financial advisory, project finance, merger and acquisition, leveraged finance, and structured finance.
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 is 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
- Oversee and monitor daily operational processes for Remittance and Payment Screening. Identify potential risks and implement robust controls in accordance with internal policies, regulatory requirements, and market best practices to mitigate risk, enhance compliance, and safeguard organizational assets.
- Manage daily cash management operations, including cross-border and domestic payment processing, account documentation, and reconciliation, ensuring optimal cash positions and operational efficiency.
- Act as a key liaison with internal and external stakeholders to facilitate smooth operational activities and resolve complex inquiries escalated by the team.
- Drive digital transformation and continuous improvement initiatives. Leverage data-driven insights, industry best practices, and stakeholder feedback to optimize processes, streamline workflows, and achieve operational excellence.
- Lead and support cross-functional projects and initiatives. Communicate effectively with stakeholders at all levels to ensure strategic alignment, transparency, and successful project delivery.
- Perform ad-hoc duties and strategic exercises as assigned by the Team Head and Section Head.
Essential Functions
- Direct and oversee the end-to-end daily operations for remittance, cross-border/domestic payment processing, and payment screening.
- Manage cash positioning, account documentation, and reconciliation processes to ensure seamless and efficient financial operations.
- Act as the first line of defense by identifying operational risks within payment processes.
- Enforce internal policies, regulatory requirements, and market best practices to ensure strict compliance, mitigate risks, and safeguard organizational assets.
Competencies
- Demonstrates a strong sense of commitment, taking full ownership of team deliverables and responsibility for operational excellence.
- Operates with a high degree of independence in managing daily team operations. Effectively navigates and resolves complex or irregular cases, exercising sound judgment and seeking strategic guidance from senior management only when necessary.
- Possesses a forward-thinking, proactive approach to initiating change. Actively identifies and champions process improvements to drive higher productivity, efficiency, and overall team performance.
- Demonstrates a proactive commitment to professional development. Continuously acquires new knowledge, stays abreast of industry trends, and masters the skills necessary to effectively lead and manage the team's evolving activities.
Work experience, education and skills
- Bachelor’s Degree or above in Banking, Finance, Business Administration, or a related discipline (Bachelor’s degree is highly preferred).
- Minimum of 4 years of solid experience in banking operations, with a strong focus on remittance processing, account management, or back-office operations.
- Proven track record in both people management and project management is essential.
- Excellent interpersonal and communication skills, with a strong command of both spoken and written English and Chinese
- Proficiency in MS Office applications (Excel, Word, PowerPoint) and a strong aptitude for navigating banking and remittance systems.
Application
Employment of the in-scope positions are subject to Mandatory Reference Checking Scheme (MRCS) as per regulatory requirement. For details, please refer to (Mandatory Reference Checking Scheme Phase 2 I The Hong Kong Association of Banks).
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 35 countries, approximately 52,000 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 People Philosophy
The Mizuho People Philosophy serves as the guiding standard for embodying Mizuho’s Corporate Identity. It establishes the fundamental philosophy for the ways we support people within Mizuho, based on our belief that our people’s growth and fulfillment are essential to achieving our corporate goals. Mizuho is committed to:
- Supporting the professional growth of people
- Recognizing people who promote Mizuho’s Values
- Fostering an inclusive culture where everyone can thrive as their true selves
The full text for the Mizuho People Philosophy can be accessed via this link:
https://www.mizuhogroup.com/sustainability/social/employees
Personal data collected will be kept in strict confidence, and will be used for recruitment purpose only.