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 two days a week, Tuesdays and Wednesdays with a general guidepost of being in the office 50% of the time based on business needs.
