Compliance Director - North America

Company Description

Visa is a world leader in payments and technology, with over 259 billion payments transactions flowing safely between consumers, merchants, financial institutions, and government entities in 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 while driven by a common purpose – to uplift everyone, everywhere by being the best way to pay and be paid.

Make an impact with a purpose-driven industry leader. Join us today and experience Life at Visa.

Job Description

Visa Cross-Border Solutions (VXBS) offers deep money movement capabilities to organisations across the globe. Powered by Currencycloud technology, Visa Cross-Border Solutions enhances, streamlines and simplifies integrating the cross-border financial tools of tomorrow. Clients can embed cross-border finance into the heart of their business and create sophisticated and user-friendly app-based experiences, connecting consumers and businesses around the world. Since 2012, the technology behind Visa Cross-Border Solutions has been used to process more than dollar250bn to over 180 countries, partnering with banks, businesses and fintech’s all over the world.

The Compliance Director is responsible for the delivery and operation of the compliance framework for VXBS North America business, ensuring that the company observes all relevant local and international Regulatory and Financial Crime requirements, as well as ensuring the business is well positioned to onboard and transact with North America customers in target segments.

Essential Functions

• Be the compliance lead for our North America business
• Act as a focal point for the regulatory and compliance team in North America, liaising with Currencycloud and Visa Compliance and Regulatory stakeholders as required
• Develop and maintain relevant North American policies and procedures in line with our global policies
• Own the delivery of key financial crime improvement projects 
• Support the development of the client due diligence onboarding program for the North American market – in line with the company’s global program
• Lead the delivery of the annual financial crime risk assessment 
• Collaborate with the Global Compliance team to establish and evolve local procedures and risk appetite
• Design and deliver technical financial crime training to first line of defense operational and business teams 
• Support the banking team in setting up and maintaining banking relationships with providers in North America (including supporting DD/EDD and relationship management with Compliance counterparts)

This is a remote position. A remote position does not require job duties be performed within proximity of a Visa office location. Remote positions may be required to be present at a Visa office with scheduled notice. This remote position is to be based in the state of Tennessee.

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 6plus years of work experience with a PhD
• At least 7 years within Financial Crime Prevention within the financial services industry in a 2nd line compliance role.
• Knowledge of financial crime regulations in the US and Canada
• Experience of designing and implementing effective financial crime control frameworks
• Experience of implementing policies and procedures
• Experience of conducting business-wide financial crime risk assessments
• Ability to provide training on problematical AML , CTF and Sanctions topics
• Comfortable working with data
• Excellent written and verbal English communication skill

Additional Information

Work Hours: Varies upon the needs of the department.

Travel Requirements: This position requires travel 5-10% of the time.

Mental/Physical Requirements: This position will be performed in an office setting.  The position will require the incumbent to sit and stand at a desk, communicate in person and by telephone, frequently operate standard office equipment, such as telephones and computers.

Visa is an EEO Employer.  Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender ide