Trade Remittance / Payments – Checker role (Chennai)

Trade Remittance / Payments – Checker role (Chennai)

14 Aug
|
Mizuho
|
Chennai

14 Aug

Mizuho

Chennai

Mizuho Global Services Pvt Ltd (MGS) is a subsidiary company of Mizuho Bank, Ltd, which is one of the largest banks, also called a Mega Bank of Japan. MGS was established in the year 2020 as part of Mizuho long-term strategy of creating a captive global processing center 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 driven by ethical values and supporting diversity in all its forms for our talent pool. The direction of MGS’s development is paved by its three key pillars: Mutual Respect, Discipline, and Transparency, which serve as the baseline of every process and operation carried out at MGS.

What’s in it for you?

- Immense exposure and learning
- Excellent growth opportunities
- Company of highly passionate leaders and mentors
- Ability to build things from scratch

Know more about MGS: https://www.mizuhogroup.com/asia-pacific/mizuho-global-services Position: Trade Remittance / Payments – Checker role

Job Title - Assistant Vice President (AVP)

Experience: 10 Years and above

Qualification: Postgraduate / MBA equivalent

- We are seeking an experienced Trade Remittance / Payments checker to review, validate and authorize cross-border payment transactions. The ideal candidate should possess strong expertise in SWIFT messaging, ISO 20022 payment standards, reimbursement processing and payment controls to ensure operational accuracy and regulatory compliance
- Key responsibilities:
- Process imports and export payments & acceptance related to LC bills and collections
- Process transactions including Supply chain Finance, receivables financing, Forfeiting Import documentary Finance,



Trust receipt, Bill discounting / Bill purchase, Negotiation
- Create and process SWIFT payment messages including MT103, M202, MT 202 COV, MT199, MT910, MT950 all series of MT1xx & MT2xx wherever applicable
- Process and understand ISO 20022 payment messages (PACS.008, PACS.009).
- Prepare and process reimbursement claims (MT740, MT742 etc.) and monitor reimbursement account settlements
- Ensure compliance with AML, sanction screening, regulatory requirement and internal policies.
- Investigate repair items, payment rejections and exceptions and co-ordinate with correspondent banks for resolution
- Well versed in handling accounting entries operations
- Support audit, regulatory reporting and operational risk management activities
- Provide training and guidance to the other team members on payment processing standards and compliance requirements

Required Technical skills:

- Strong expertise in SWIFT FIN & ISO 20022 payment standards.
- Hands on experience reviewing MT103, MT202, MT202 COV, MT199, MT910, MT950, PACS.008, PACS.009 and other swift message types
- Knowledge of reimbursement claim processing, correspondent banking and Nostro / Vostro reconciliations (MT740, MT742 etc.) & URR guidelines
- Understanding of payment investigations, repair queues, sanctions screening and AML controls
- Experience with core banking / payment systems and SWIFT alliance or equivalent platforms.
- Strong understanding of payment controls, operations risk and maker -checker governance
- Excellent analytical, decision making and stakeholder management skills

Address

Mizuho Global Services India Pvt. Ltd.

16th Floor, Tower B,

Brigade World Trade Centre,

No.142, Rajiv Gandhi Salai,

Chennai - 600 096, India.

📌 Trade Remittance / Payments – Checker role (Chennai)
🏢 Mizuho
📍 Chennai

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