What’s it all about?
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.
Develop an understanding of Visa Payments business operations and payment processes
Identify and internally escalate actual or suspected sanctions matches, assisting and supporting other analysts within the team
Ensure sanction queries are sent in a timely manner in line with our internal SLAs and deadlines set
Identify trends and use data to suggest improvements to effectively resolve service issues, escalating appropriately.
Assist with the development of management information in alignment with regulatory and internal policy/risk expectations
Assist with the review of new controls to mitigate risks and reduce false positives to improve efficiency across the team.
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. 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.
