Sr. Director, Global AML/ATF & Sanctions Compliance - Governance - job 34 of 37

The Sr. Director, Global AML/ATF & Sanctions Compliance - Governance at Visa is responsible for a wide range of duties including the development and maintenance of compliance policies, overseeing governance structures, executing enterprise risk assessments, managing regulatory examinations, and enhancing training programs. The role is vital in ensuring that Visa remains compliant with relevant laws and regulations while also promoting a culture of financial integrity.

To qualify for the Sr. Director, Global AML/ATF & Sanctions Compliance position at Visa, candidates should ideally possess significant experience in financial crimes compliance, excellent strategic thinking abilities, and strong communication skills. A proven track record of designing and implementing effective compliance frameworks in line with industry best practices is essential, as is familiarity with regulatory requirements. A relevant degree and certifications related to compliance or risk management would be advantageous.

Visa is committed to continuous improvement in its AML and Sanctions compliance program through the implementation of a robust quality assurance framework. This includes ongoing monitoring of the program's effectiveness, regular assessments of compliance policies, and adaptations to processes based on audits and regulatory feedback. The Sr. Director plays a crucial role in steering these initiatives forward to ensure alignment with best practices.

The hybrid position for Sr. Director, Global AML/ATF & Sanctions Compliance at Visa allows for a flexible working arrangement, where employees can alternate between remote work and in-office presence. Generally, hybrid employees are expected to work from the office three designated days a week, determined by leadership, providing a balanced work-life environment that promotes collaboration and productivity.

The Sr. Director of Global AML/ATF & Sanctions Compliance contributes significantly to regulatory compliance by overseeing the execution of compliance programs, managing the response to audits, and coordinating regulatory examinations. Their proactive engagement in identifying compliance risks and ensuring adherence to policies is crucial for maintaining Visa's reputation as a trustworthy entity in the financial sector.

When answering this question, highlight specific frameworks you have implemented or improved in previous roles. Discuss the challenges you faced and how you adapted best practices to your organization's needs.

Provide a detailed overview of your approach to risk assessment, such as data analysis, stakeholder engagement, and ongoing monitoring of emerging risks. Emphasize the importance of a systematic approach for ensuring comprehensive coverage.

Discuss your methods for staying informed about changes in AML regulations, such as participating in industry groups, attending conferences, or pursuing continuous professional education. Mention specific resources or networks that you rely on.

Share a specific example of a compliance program improvement you led, the steps you took, the challenges you faced, and the measurable outcomes achieved. This illustrates your leadership capability and problem-solving skills.

Discuss your philosophy for designing and delivering effective training programs. Mention any innovative methods you’ve used to engage employees and demonstrate the importance of compliance within the organization.

Identify KPIs that you have found effective in monitoring compliance, such as the number of training sessions conducted, compliance incident reporting rates, and audit findings. Explain how these metrics guide your compliance efforts.

Explain your approach to balancing compliance with business initiatives, emphasizing collaboration, negotiation skills, and the importance of clear communication. Share an experience where you navigated such a conflict successfully.

Detail your involvement in preparing for and participating in regulatory examinations. Offer insights into how you managed the process, addressed findings, and implemented changes based on feedback.

Talk about the governance frameworks you’ve established or participated in, emphasizing collaboration among cross-functional teams and continuous improvement mechanisms. Provide concrete examples if possible.

Discuss your strategies for simplifying complex compliance topics for broader audiences. Highlight the importance of transparency, using specific examples of how you have communicated effectively in the past.