VP, Regulated Entity Compliance

Salary Not Specified

Visa, City of Westminster

Full time
Permanent
Onsite working

Posted today, 16 Oct | Get your application in now to be one of the first to apply.

Closing date: Closing date not specified

job Ref: 8be435b9f8534f409f101ff0a303d6da

Visa

Full Job Description

Develop, implement, and manage a robust AML, Sanctions compliance program for the acquired entities tailored to the needs of the organization.
Ensure programs are in alignment with local and international regulatory requirements and industry best practices.
Ensure all regulated entities comply with various laws, regulations, and guidelines (i.e. AML, Sanctions, Safeguarding, Consumer Duties, etc.)
Oversee the preparation, review, and timely submission of all required regulatory reports (i.e. Suspicious Activity Reporting, and other mandated filings)
Act as the primary liaison with regulatory authorities, internal audit, monitoring, and testing, etc.
Work closely with Global AML and Sanctions team and ensure timely escalations of issues.
Manage the risk assessment across different regulated entities.
Develop and implement risk management strategies to mitigate identified risks effectively.
Lead, mentor and develop a high-performing team of various compliance professionals.
Foster a culture of compliance, integrity and ethical behaviour within the team and across the organization.
Build and maintain strong relationships with internal stakeholders, including various business units, Legal, IT, to ensure coordinated approach across the organization.
Regularly review and enhance compliance program to address new and emerging risks.
Develop and maintain Key Performance Indicators (KPIs) and Key Risk Indicators (KRIs) tailored to each regulated entity.
Attend board meetings to provide comprehensive updates on the status and effectiveness of AML and sanctions compliance programs for each regulated entity.
Keep the board informed of relevant regulatory developments, changes in laws, and potential impacts on the organization, ensuring board is aware of compliance risks and necessary actions to maintain regulatory adherence.
Work closely with global compliance teams to ensure consistent implementation of AML and sanctions policies and procedures across all jurisdictions.

A hands-on approach to all activities with real passion and high levels of energy. Agile and comfortable adapting to different environments.
Courageous innovation: creative and resourceful in overcoming barriers and unexpected roadblocks.
An authentic leader who intuitively engenders an inclusive environment, enabling the business to reach its ambitious goals.
Diversity of thought and experience: continually seeks new perspectives and feedback, takes an inclusive approach
High personal standards of ethics and integrity towards employees, stakeholders, and customers.
High levels of learning-agility with a real interest in developing relationships with progressive businesses, combining a 'technology / digital-first' approach.
Entrepreneurial and comfortable with ambiguous and change-led environments, self-confident with an authentic style that gravitates to championing change.
Eager to seek a challenge and expand frontiers, brings a visionary approach. Sets and meets a high bar of goals and principles.
Servant leadership mentality: deeply committed to serving and listening to others. Natural ability to build strong relationships and enable collaboration through empathy and authenticity.
Committed to building a community through Visa Leadership Principles
20+ years of experience as a Chief Compliance Officer [MJ2] within the Banking or Payments industry, including Correspondent Banking, Fintechs, Foreign Exchange, and multiple jurisdictions is desirable.
Experience with company M&A activity from a compliance perspective.
Extensive knowledge of global financial regulations, AML/CFT requirements and compliance practices, with the ability to make decisions independently.
Proven experience in a senior leadership role managing AML and Sanctions compliance programs.
Strong strategic thinking and problem-solving skills with a focus on compliance and risk management.
Agility to thrive in a fast-paced dynamic regulatory environment.
Outstanding communication and interpersonal skills, capable of influencing and engaging stakeholders at all levels.
Ability to work across different time zones to ensure effective compliance oversight and coordination.
Experience of working within a highly regulated environment is required.
Professional certifications such as Certified Anti-Money Laundering Specialist (CAMS) or equivalent preferred.

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.