Compliance Operations Director
Compliance Operations Director
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Job Description
Whats it all about
Visa CrossBorder Solutions (offers deep money movement capabilities to organisations across the globe. Powered by Currencycloud technology Visa CrossBorder Solutions enhances streamlines and simplifies integrating the crossborder financial tools of tomorrow. Clients can embed crossborder finance into the heart of their business and create sophisticated and userfriendly appbased experiences connecting consumers and businesses around the world. Since 2012 the technology behind Visa CrossBorder Solutions has been used to process more than 250bn to over 180 countries partnering with banks businesses and fintechs all over the world.
Job Purpose
As the Senior Director Operational Compliance youll have a significant role in the implementation of the different regulatory and legal frameworks across our different licensed entities. Ensuring that we build customer centric processes whilst maintaining the highest standards of compliance. Helping to enable sustainable growth in the business.
What we expect of you day to day:
- Lead our Group Operational Compliance function. Including managing
- transaction monitoring & screening
- new business onboarding
- Responsible for identifying assessing and escalating potential money laundering and reputational risk issues associated with higher risk clients.
- Supervise and participate in internal assurance processes such as internal audit monitoring and testing external audit.
- Drafting and updating procedures and desktop guidance related to the client onboarding process. Leading key projects and initiatives related to assessing and mitigating the firms exposure to money laundering and reputational riskrelevant activities
- Provide strategic direction and leadership to the AML and KYC team ensuring they have the necessary resources and support to effectively carry out their duties.
- Conduct regular risk assessments to identify potential areas of vulnerability and implement measures to mitigate risks associated with money laundering and other financial crimes in collaboration with the MLROs.
- Guide the team to enhance the Transaction Monitoring framework to increase effectiveness and efficiency amongst the diverse set of products and customers.
- Lead a team of sanctions and screening advisors as they support the implementation of sanctions compliance and list screening strategies and initiatives
- Work closely with Global head of sanctions to ensure alignment on sanctions controls (e.g. list management)
- Develop and improve the operational processes required to ensure the business is compliant with relevant regulation is managing its risk and creating fantastic customer experiences.
- Ensure that the key operational metrics are defined and made available to the business.
- Collaborate closely with colleagues in the 2nd line financial crime teams to ensure global policies and standards effectively mitigate financial crime risk and deliver a bestinclass experience for our clients.
- lead the design and improvement of financial crime systems and controls.
- Actively identify measure control and remediate money laundering and reputational risk issues with partners in Global Financial Crimes Compliance and the Business Units.
- Own and lead on the delivery of key financial crime improvement projects.
- Stay up to date on relevant industry best practices guidance and regulatory landscape including but not limited to USA PATRIOT Act Bank Secrecy Act FATF 5th Money Laundering Directive.
- Master customer due diligence (CDD) requirements and guide clients as needed to comply
This is a remote position however the candidate must live and have the rights to work in the UK.
Qualifications :
To apply for this role we are looking for someone that has at least 1015 years within Financial Crime Prevention within the financial services industry. We will also require the following:
- Strong knowledge of global financial crime regulations with deep expertise in one or more jurisdictions.
- Deep Knowledge of AML CDD policy and standards industry practices in AML CDD including legal entities in global jurisdictions
- Experience of designing and implementing effective financial crime control frameworks.
- Comfortable working with data
- Strong communication and interpersonal skills with the ability to build relationships with internal and external stakeholders including teams outside of the compliance function.
- Excellent negotiator with the ability to bring teams and people with diverse ways of thinking together.
- Ability to work in a fastpaced and time sensitive environment and handle multiple tasks simultaneously.
- Preferred: Certified AntiMoney Laundering Specialist (CAMS) or equivalent
- Initiative: Identify process improvements demonstrate a selfstarter behaviour and a willingness to help others and show potential to require minimal supervision.
Additional Information :
Visa is an EEO Employer. Qualified applicants will receive consideration for employment without regard to race color religion sex national origin sexual orientation gender identity disability or protected veteran status. Visa will also consider for employment qualified applicants with criminal histories in a manner consistent with EEOC guidelines and applicable local law.
Remote Work :
Yes
Employment Type :
Fulltime
Employment Type
Remote
