Director - AML & Sanctions Compliance CEMEA

To excel as the Director of AML & Sanctions Compliance at Visa, you'll need strong interpersonal and communication skills, enabling you to optimize collaboration across diverse teams. An expert understanding of AML/ATF typologies, transaction monitoring systems, and a proactive attitude to mitigate compliance risks are essential. Additionally, having at least 10 years of experience and relevant AML/ATF accreditation will significantly enhance your application.

As the Director - AML & Sanctions Compliance at Visa, your responsibilities will revolve around executing AML and Sanctions Programsfor CEMEA clients. This includes conducting AML assessments, leading teams in compliance training, analyzing risks, and ensuring adherence to regulatory standards. You'll also manage cross-functional projects and represent Visa in discussions with regulators, providing invaluable insights into our compliance strategies.

For the Director - AML & Sanctions Compliance position at Visa, candidates are encouraged to have at least 10 years of relevant experience in AML, ATF, and Sanctions compliance within the financial sector. An advanced degree, along with AML/ATF or sanctions accreditation, will enhance your qualifications. Experience in managing compliance programs and working in cross-functional teams is highly beneficial.

Visa’s culture prioritizes ethical integrity and compliance, significantly influencing the role of the Director - AML & Sanctions Compliance. You will be a key figure in sustaining this culture by ensuring that compliance is woven into the fabric of everyday operations. Your leadership will help cultivate an environment where all employees understand the importance of compliance, thereby fostering trust and responsibility across the organization.

The Director - AML & Sanctions Compliance position at Visa offers a unique opportunity for career advancement. By leading significant cross-functional initiatives and interacting regularly with senior management, you can position yourself for further leadership roles within Visa. Continuous professional development, along with Visa's commitment to innovation and compliance, will support your growth in the rapidly evolving payments industry.

In your response, focus on specific programs or initiatives you've led, emphasizing your understanding of regulatory standards and risk assessment strategies. Discuss key achievements, such as successful audits or implementation of new compliance measures, and how these experiences have equipped you for the Director role at Visa.

Highlight your proactive approach to staying informed about AML regulations. Mention subscribing to industry publications, participating in webinars, or attending conferences. Additionally, you can discuss your experience engaging with professional networks to exchange insights and best practices, which you can leverage in Visa’s compliance initiatives.

Share a specific example of a compliance project where you were in charge. Outline your strategic planning, team collaboration, and the steps you took to ensure successful execution. Emphasize communication with stakeholders and how you addressed challenges, showcasing your leadership style and solution-oriented mindset relevant to the Visa environment.

Discuss the evolving nature of financial crimes and how technology impacts compliance efforts. Mention challenges like adapting to new regulations and maintaining effective monitoring processes. Highlight how you're equipped to address these challenges through innovative approaches or by leveraging Visa’s global position in the industry.

Explain your training methodology, focusing on interactive approaches such as workshops and scenario-based learning. Emphasize the importance of clear communication and regular updates to keep staff informed about compliance matters. Discuss how this approach aligns with Visa’s values and your commitment to fostering a culture of compliance.

Describe a systematic process for conducting compliance risk assessments on new products. Mention using a risk-based approach to evaluate potential AML, ATF, and sanctions risks. Tie this into Visa's existing protocols, emphasizing how your strategies will enhance compliance and support innovative product offerings.

Identify a compliance program you led, detailing its objectives, implementation process, and outcomes. Demonstrate your strategic thinking by highlighting how the program met or exceeded compliance standards. Connect these successes to your potential impact at Visa in shaping and enhancing their AML and Sanctions Programs.

Discuss your approach to building relationships with stakeholders across various teams, stressing your collaborative nature. Cite examples of past teamwork that led to successful compliance initiatives and describe how you would use similar strategies at Visa to ensure effective joint efforts in compliance operations.

Talk about the importance of technology, such as automated monitoring systems, data analytics, and reporting tools, in streamlining compliance processes. Emphasize how you would advocate for and utilize cutting-edge technology at Visa to improve efficiency and accuracy in AML and sanctions tasks.

Explain your approach by focusing on clarity and conciseness, using relevant data to support your points. Share techniques for tailoring presentations to your audience, ensuring you address their concerns and highlight key impacts on business operations, particularly in the context of Visa’s overarching goals.