Trade Remittance / Payments – Checker role

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 career growth 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.