Director, Anti-Money Laundering and Anti-Terrorist Financing Program

Company Description

Visa is a world leader in digital payments, facilitating more than 215 billion payments transactions between consumers, merchants, financial institutions and government entities across more than 200 countries and territories each year. Our mission is to connect the world through the most innovative, convenient, reliable and secure payments network, enabling individuals, businesses and economies to thrive.

When you join Visa, you join a culture of purpose and belonging – where your growth is priority, your identity is embraced, and the work you do matters. We believe that economies that include everyone everywhere, uplift everyone everywhere. Your work will have a direct impact on billions of people around the world – helping unlock financial access to enable the future of money movement.

Join Visa: A Network Working for Everyone.

Job Description

As a global payment system, Visa maintains global Anti-Money Laundering, Anti-Terrorist Financing (AML/ATF) and Sanctions Programs, established under formalized policies and procedures. This position is the subject matter expert role for AML, ATF and Sanctions related activities and will lead, oversee and ensure effective execution of those activities across the Latin America and the Caribbean (LAC) region. The position is critical in sustaining Visa’s ethical culture and global Compliance Program.

Based in Miami, the role reports into Visa’s Regional Ethics and Compliance Leader (RECL) with strong lines of communication and reporting to Visa’s Chief AML Compliance Officer (MLRO).  

Responsibilities:

• Lead the execution of Visa's AML/ATF and Sanctions Programs for LAC based clients and countries consistent with Visa's Global AML/ATF and Sanctions policies and procedures
• Coordinate closely with Regional Ethics & Compliance Officers (RECO), Business Development Managers and Product teams to ensure necessary client due diligence, product and case information is requested, received and assessed in a timely manner with a high degree of quality
• Lead or manage onsite client reviews conducted by Visa and/or by third parties as part of enhanced due diligence activities
• Conduct AML/ATF assessments of new products and services to identify and mitigate inherent AML, ATF and Sanctions risks
• Provide subject matter expertise, training and outreach to RECOs, Country Managers, Business Development Managers and Product teams in order to continually educate staff on AML/ATF and sanctions risks, issues, processes and controls
• Administer non-compliance measures, if required
• Ensure appropriate application of client, country and product risk ratings and monitor for changes in risk profile
• Participate in the ongoing enhancement and development of the Global AML/ATF and Sanctions policies and procedures as necessary to ensure changes in the regulatory and the business environment are addressed
• Participate in the enhancement and development of global systems in support of AML, ATF and Sanctions Program implementation
• Proactively identify and evaluate emerging regulatory trends and laws in markets of operation
• Coordinate with RECOs and Legal contacts to ensure adherence with obligations identified in emerging laws and regulations. Support internal audits and regulatory requests, ensure satisfactory resolution of any audit findings and recommendations
• Present information and discuss Visa’s AML, ATF and Sanctions Programs and industry best practices to clients and partners and lead discussions with regulators, as required
• Report periodically on program status and escalate issues to senior management.

This is a hybrid position. Hybrid employees can alternate time between both remote and office. Employees in hybrid roles are expected to work from the office 2-3 set days a week (determined by leadership/site), with a general guidepost of being in the office 50% or more of the time based on business needs.

Qualifications

Basic Qualifications:

•10 or more years of work experience with a Bachelor’s Degree or at least 8
years of work experience with an Advanced Degree (e.g. Masters/
MBA/JD/MD) or at least 3 years of work experience with a PhD

Preferred Qualifications:

• 12 or more years of work experience with a Bachelor’s Degree or 8-10 years of
experience with an Advanced Degree (e.g. Masters, MBA, JD, MD) or 6+ years
of work experience with a PhD
• 10 years of experience with a Bachelor's degree or 8 years of experience with
an Advanced Degree (e.g. Masters, MBA, JD, MD or PhD) in management of
AML/ATF and Sanctions programs and controls within the financial services
industry
• AML/ATF or Sanctions accreditation required
• Fluent in Spani