Sr. Director, Global AML/ATF & Sanctions Compliance - Governance - job 27 of 37

The Sr. Director will oversee the development and implementation of AML and sanctions compliance policies, establish governance structures, execute risk assessments, assess new products for compliance risks, coordinate regulatory examinations, manage quarterly reporting, and enhance compliance training programs. This role is pivotal in ensuring that Visa’s compliance functions meet regulatory requirements and industry best practices.

Candidates for the Sr. Director position at Visa should have significant experience in financial crimes compliance, specifically with anti-money laundering and sanctions. A strong track record of designing, implementing, and monitoring compliance programs is required, along with excellent strategic thinking and communication skills to engage with various stakeholders effectively.

The Sr. Director is responsible for leading the execution of enterprise AML and Sanctions risk assessments. This involves identifying, evaluating, and mitigating compliance risks across different products and services, ensuring they align with regulatory obligations, and driving the overall effectiveness of Visa's compliance program.

Compliance training is essential for the Sr. Director at Visa as it ensures that employees are aware of AML and sanctions compliance requirements and policies. By developing and managing a robust training program in coordination with the Global Training team, the Sr. Director enhances the overall culture of compliance within Visa, empowering employees to contribute effectively to risk mitigation.

A typical day for the Sr. Director at Visa involves overseeing various compliance functions, participating in meetings with cross-functional teams to assess new products, ensuring readiness for regulatory exams, reviewing compliance reports, and engaging in strategic discussions with the board about compliance initiatives. This dynamic role also allows for remote work, striking a balance between collaboration and flexibility.

In answering this question, provide specific examples of policies you've developed, highlighting the regulatory requirements they address. Discuss the processes you followed in gathering Stakeholder input and any challenges you faced, showcasing your strategic mindset.

When answering, discuss your methodology for conducting risk assessments, emphasizing your systematic approach to identifying, evaluating, and mitigating risks. Mention how you ensure alignment with regulatory standards and the importance of stakeholder communication in this process.

Here, focus on your experience with establishing governance frameworks. Share specific examples of how you've created compliance working groups or reporting structures that facilitate effective campaign management and escalation processes.

Discuss your proactive approach to preparing teams for exams, including training initiatives you've led. Highlight how you establish a culture of compliance that emphasizes accountability and prepares employees for engagement with regulators.

In your answer, talk about the quality assurance frameworks you have implemented to evaluate compliance programs. Mention metrics you track and how you utilize data to inform ongoing improvements.

Emphasize the importance of clear communication in compliance roles. Discuss how you ensure all stakeholders are informed about policies, risks, and compliance requirements. Provide examples of how effective communication facilitated better compliance outcomes in your previous roles.

Provide insights into your assessment process, highlighting your collaboration with product teams. Discuss the criteria you use to evaluate potential compliance risks and the importance of aligning new services with regulatory frameworks.

Here, describe the training program you developed, including its objectives, content, and delivery methods. Discuss the feedback received and any measurable improvements in compliance knowledge or behavior that resulted from the program.

Discuss how you stay informed about regulatory developments and industry best practices. Highlight your process for regularly reviewing and updating compliance policies to reflect changes and ensure ongoing effectiveness.

In your response, mention the strategies you use to assess urgency and risk, such as categorizing compliance issues and establishing clear action plans. Highlight the importance of teamwork and collaboration in managing priorities effectively.