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Job Type
Full Time
Job Details
Job Description 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
- Develop an understanding of Visa Payments business operations and payment processes.
- Review/investigate payments of a high-risk nature due to geography, currency, value and nature of business.
- Ability to document rationales in detail for audit trail.
- Keep up to date with our regulatory obligations and react to global events
- Identify and internally escalate actual or suspected financial crime incidents and follow our suspicious activity reporting processes.
- Ensure 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 review of new controls to mitigate risks and reduce false positives to improve efficiency across the team.
- Ensuring clients are within legal parameters and not undertaking ML or criminal activities. For example, using screening and monitoring systems to assess client legitimacy.
- 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.
- All qualifications will be considered, equivalent professional qualification/s (ICA AML, Compliance Diplomas) desirable but not essential.
- 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
- Experience working in an operational team i.e., processing role/client centric role
- Experience/knowledge of compliance procedures
- Experience/knowledge of crypto and wallet payments in transaction monitoring
About the Company
VISA
Foster City, CA, United States
At Visa, we are driven by a common purpose – to uplift everyone, everywhere by being the best way to pay and be paid. As our products and... Read more