Sr. Director, Global AML/ATF & Sanctions Compliance - Governance - job 17 of 37

The Sr. Director, Global AML/ATF & Sanctions Compliance - Governance at Visa is primarily responsible for developing and maintaining global compliance policies, overseeing governance structures, leading risk assessments, managing audits, and coordinating board reporting on compliance matters. Additionally, they enhance training programs for the compliance team, ensuring ongoing alignment with regulatory requirements.

To qualify for the Sr. Director role at Visa, candidates should have a strong background in financial crimes compliance, including experience in designing and managing compliance frameworks. Excellent communication skills, strategic thinking, and a proven ability to lead cross-functional teams are essential. Candidates typically have a significant amount of experience in compliance roles, ideally within a financial services environment.

The Sr. Director contributes to Visa's compliance strategy by ensuring that all AML and Sanctions policies are effectively implemented and aligned with regulatory requirements. They play a key role in risk assessment and mitigation, governance oversight, and quality assurance, ultimately ensuring that Visa's compliance program is robust and capable of adapting to new challenges.

At Visa, the working environment for the Sr. Director is hybrid, allowing for a blend of remote and in-office work. This model promotes flexibility while ensuring that team members collaborate effectively. Employees are expected to be in the office at least 50% of the time, which fosters teamwork and communication essential for achieving compliance objectives.

Essential skills for success in the Sr. Director position at Visa include strategic leadership, excellent communication, analytical thinking, and a thorough understanding of financial crimes compliance. Additionally, an ability to manage compliance training and demonstrate a proactive approach to assessing and mitigating risks are vital for thriving in this role.

When answering this question, structure your response by detailing specific projects or initiatives you've led, including the regulatory framework you followed, the key challenges you faced, and how you ensured compliance. Highlight the outcomes, especially if they resulted in improved compliance metrics.

Discuss your methodology for conducting risk assessments, such as identifying potential risks, evaluating the impact, and implementing strategies to mitigate those risks. Providing examples of assessment frameworks you have used can strengthen your answer.

In your response, discuss how you tailor training programs to the specific needs of employees, utilizing various formats like workshops, online modules, or one-on-one coaching. Mention your focus on continuous improvement through feedback and metrics post-training.

Share a relevant experience where you coordinated a regulatory audit, detailing how you prepared documentation, coordinated with various departments, and addressed any issues raised by auditors. Emphasize your proactive approach and the outcomes to demonstrate your effectiveness.

Mention various sources of information you rely on, such as industry publications, webinars, professional associations, or networking with other compliance professionals. Highlight your commitment to ongoing education and your ability to integrate new regulations into compliance practices.

Your answer should illustrate a clear understanding of governance structures, emphasizing the importance of defining roles, establishing effective communications, and ensuring accountability. Use examples from your experience to back up your insights on best practices.

Discuss your approach to embedding risk management into business processes, including how you identify relevant risks at different stages, communicate with stakeholders, and measure the success of risk mitigation efforts. Use a specific example to illustrate your point.

Address the importance of technology in monitoring transactions, analyzing data for red flags, and automating compliance processes. Provide examples of technology solutions you have implemented or evaluated in your previous roles.

Explain how you assess the urgency and impact of various compliance tasks, leveraging tools and techniques to manage your time effectively. Highlight your strategic decision-making process when it comes to allocating resources.

Share your insights on current challenges in the AML landscape, such as adapting to evolving regulations, addressing emerging threats, or balancing compliance with business objectives. Your perspective should demonstrate your awareness of industry trends and challenges.