Sr. Director, Global AML/ATF & Sanctions Compliance - Governance - job 26 of 37

To become the Sr. Director, Global AML/ATF & Sanctions Compliance at Visa, you typically need extensive experience in financial crimes compliance, ideally with a strong background in AML, ATF, and sanctions compliance. A bachelor’s degree in finance, business, or a related field is essential, and many candidates also hold relevant certifications such as CAMS or ACAMS. Proven leadership skills and a track record of successfully navigating complex regulatory environments are crucial for this role.

The Sr. Director, Global AML/ATF & Sanctions Compliance at Visa is responsible for overseeing the global AML and sanctions governance program. This includes developing compliance policies, conducting risk assessments, coordinating audits, and managing compliance training programs. You will also prepare quarterly board reports and ensure effective governance structures are in place to meet regulatory obligations.

Visa ensures compliance with regulatory requirements in its AML and Sanctions program by regularly developing and maintaining comprehensive policies and governance frameworks. The Sr. Director oversees risk assessments to identify compliance risks and ensures that new products are evaluated against these standards. Regular regulatory examinations and audits further validate the effectiveness of Visa's compliance efforts.

Training programs are vital in the Sr. Director, Global AML/ATF & Sanctions Compliance role at Visa as they equip staff with essential knowledge about compliance policies and procedures. This fosters a culture of compliance throughout the organization and helps mitigate risks effectively. The role involves developing training initiatives in collaboration with the Global Training team to ensure all employees understand their compliance responsibilities.

As a hybrid employee in the Sr. Director, Global AML/ATF & Sanctions Compliance position at Visa, you can expect a balanced work environment where you can alternate between working remotely and in the office. Generally, hybrid employees are encouraged to work in the office three set days a week based on business needs, offering flexibility while maintaining connectivity with the team.

In your response, highlight specific frameworks you've worked on, detailing your role in their development, implementation, and monitoring. Mention the regulatory requirements that guided your work and provide examples of how your initiatives improved compliance within the organization.

Discuss various risk assessment methodologies you've applied, emphasizing the importance of aligning them with business objectives. Provide concrete examples of how these strategies helped identify and mitigate risks effectively, contributing to the organization’s compliance strength.

Share the resources or networks you rely on, such as industry publications, compliance forums, or professional associations. Highlight any proactive steps you've taken to adapt policies or training programs in response to regulatory changes, illustrating your commitment to continuous improvement.

Outline your process for analyzing training needs, developing content, and delivering it effectively. Mention any collaborative efforts with other teams, like Global Training, and share your metrics for evaluating training effectiveness to demonstrate your focus on results.

Provide examples of how you've successfully led collaborations across different departments. Discuss challenges faced and how your leadership facilitated communication, and coordinated efforts in achieving compliance goals.

Share a specific project, detailing your role, objectives, and outcomes. Highlight the project's impact on compliance, any challenges faced, and how you navigated them to achieve success.

Discuss key performance indicators (KPIs) and key risk indicators (KRIs) you utilize to assess a compliance program’s effectiveness. Explain how you use these measures to inform strategy and drive continuous improvements.

Mention any compliance management tools you've utilized or implemented. Discuss how they improved efficiency, accuracy of reporting, or enhanced monitoring capabilities within the compliance framework.

Describe your role in preparing for and managing regulatory examinations and audits. Include how you ensure compliance records are organized and accessible and how you address findings to enhance program effectiveness.

Share your perspective on potential challenges related to regulatory changes, evolving compliance risks, or industry shifts. Communicate your proactive strategies for addressing these challenges effectively, demonstrating foresight and adaptability.