Compliance Specialist

The compliance-risk control framework includes financial crime compliance and regulatory compliance. Financial crime focus is on Anti-Money Laundering (AML), Counter Terrorist Financing (CTF), Sanctions & Anti-Bribery and Corruption (ABC), and on the associated Know Your Customer (KYC) and Know Your Customer's Business (KYC/B) & Counterparty Due Diligence (CDD) obligations; including primarily but not limited to:

• On-boarding counterparty due diligence
• Transactional monitoring
• Sanctions screening
• Suspicious activity identification, monitoring and reporting

What we expect of you, day to day:

• Assess and respond to Compliance related transaction queries initiated by our Network Partners, Beneficiary banks or from our own internal compliance controls.
• Ensure responses are sent in a timely manner in line with our internal SLAs and deadlines set by Visa's partners.
• Collaborate with the screening and transaction monitoring teams on high-risk cases, escalating any actual or suspected sanctions matches or financial crime concerns.
• Identify any reoccurring issues raised by Visa's network partners and effectively resolve any problems resulting in the reduction of partner requests.
• Engage with clients to understand customer activity following alerts or requests from bank partners
• Identify and internally escalate actual or suspected financial crime incidents
• Identify, investigate anomalous transaction patterns
• Escalate trends or spikes in query volume by customer or partner to ensure we can pro-actively identify delays or issues.
• Assist the Senior Compliance Analysts and Managers with analysis of current and future screening and monitoring requirements as required
• Collaborate with other departments to create a culture of compliance

And assist:

• Ensuring clients are within legal parameters and not undertaking ML or criminal activities. For example, using screening and monitoring systems to assess client legitimacy.
• Identifying, managing & escalating suspected and actual money laundering, sanctions breaches and fraud cases through the relevant escalation path.
• Ensuring the compliance risk control framework remains aligned with external legislation.
• Conducting and/or overseeing compliance monitoring reviews and audits.
• Promoting and providing advice on best compliance practice within critical business areas.
• Exemplifying the company values and promoting them in all areas of the role, within and without the function.

This is a hybrid position. Expectation of days in office will be confirmed by your hiring manager.

• Previous experience in financial/corporate sector payments, FX and/or compliance
• Understanding of IT systems, operational and/or product development payment processes, especially in e-Commerce environments for retail and/or corporate payments
• Courteous and friendly nature (team player)
• Strong communication skills, written and oral
• Recognises the importance of attention to detail (regulatory environment)
• Motivated to learn
• Able to work independently and efficiently to meet deadlines
• Ability to follow a process driven task

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.