Sr. Director, Global AML/ATF & Sanctions Compliance - Governance - job 19 of 37

The Sr. Director of Global AML/ATF & Sanctions Compliance at Visa is tasked with overseeing the entire financial crimes compliance program. This includes developing and implementing AML and Sanctions compliance policies that adhere to regulatory requirements, establishing governance frameworks, conducting risk assessments, reviewing new products for compliance risks, and coordinating regulatory examinations. This role is integral to maintaining the effectiveness of Visa's compliance program, ensuring continuous improvement and comprehensive monitoring.

Candidates applying for the Sr. Director of Global AML/ATF & Sanctions Compliance at Visa should demonstrate a strong background in financial crimes compliance, ideally with extensive experience in developing and monitoring compliance frameworks. Required qualifications include strategic thinking, excellent communication skills, and a proven track record in AML compliance management. Candidates with experience in compliance training and governance structures will have a significant advantage.

The Sr. Director of Global AML/ATF & Sanctions Compliance at Visa operates within a hybrid work model, requiring employees to be in the office for 3 set days a week. This allows for flexibility in balancing remote and in-office duties while fostering collaboration with the compliance team and other departments. It’s essential for employees to maintain a presence in the office based on business needs, which facilitates effective governance and compliance processes.

Success in the Sr. Director, Global AML/ATF & Sanctions Compliance role at Visa requires a combination of strategic thinking, strong leadership capabilities, and effective communication skills. Candidates should also possess analytical skills to conduct risk assessments, the ability to design and implement compliance frameworks, and a collaborative approach to engage with various stakeholders effectively. Being detail-oriented and possessing a solid understanding of AML regulations will further enhance a candidate's success in this role.

Compliance training is crucial in the Sr. Director of Global AML/ATF & Sanctions Compliance role at Visa, as it ensures that employees are knowledgeable about AML and Sanctions regulations and the company's policies. This not only fosters a culture of compliance but also ensures that the employees can effectively identify and handle potential financial crimes. The director plays a key role in developing and enhancing the training programs to keep staff informed and equipped to mitigate compliance risks.

Discuss your previous roles where you were responsible for creating compliance policies. Highlight specific frameworks you’ve developed, how they aligned with regulations, and the impact on your organization’s compliance posture. Mention any challenges you faced and how you overcame them.

Detail your methodology for conducting risk assessments. Discuss how you identify potential risks, assess their impact, and implement mitigation strategies. Provide examples of successful assessments you've conducted and any tools or frameworks you utilize.

Explain how you monitor regulatory changes through credible sources such as government publications, legal updates, or industry organizations. Mention specific instances where your awareness of changes led to an improvement in your compliance program.

Share a concrete example where you identified enhancements needed in a training program. Talk about the changes you made, how you assessed the effectiveness of the training, and the positive outcomes resulting from your improvements.

Discuss your strategy for addressing non-compliance issues, emphasizing investigation processes, corrective actions, communication with upper management, and ensuring appropriate documentation. Illustrate your answer with an example from your past.

Explain the importance of governance within compliance and how it shapes your strategic planning. Discuss how you establish governance structures and their effectiveness in ensuring compliance across departments.

Elaborate on your approach to maintaining open lines of communication with stakeholders. Highlight how you provide updates on compliance programs, address concerns, and coordinate with different teams to ensure cohesive compliance efforts.

Outline the strategies you’ve used to measure and enhance compliance program effectiveness. Discuss specific metrics you track, regular reviews, and how you engage your team in the improvement process.

Describe your ability to align compliance initiatives with business objectives. Provide examples of scenarios where you’ve effectively negotiated solutions that address both compliance and operational goals.

Discuss how KPIs help you assess the effectiveness of your compliance program. Share your expertise in defining relevant KPIs and how you use them to drive performance improvements and report to upper management.