Sr. Director, Global AML/ATF & Sanctions Compliance - Governance - job 1 of 37

As the Sr. Director, Global AML/ATF & Sanctions Compliance - Governance at Visa, you will be responsible for developing and maintaining global AML and Sanctions compliance policies, overseeing governance structures, and leading risk assessments to identify compliance risks. You'll also review new products for compliance alignment, coordinate regulatory audits, and manage training programs to ensure staff is equipped to adhere to compliance standards.

To qualify for the Sr. Director, Global AML/ATF & Sanctions Compliance role at Visa, you should have extensive experience in financial crimes compliance, a proven track record in policy development and program management, and excellent communication skills. It's also essential to be familiar with industry best practices and regulatory requirements to effectively lead and enhance compliance frameworks.

In your role as Sr. Director, Global AML/ATF & Sanctions Compliance - Governance, you will establish the compliance governance structures critical to Visa's operations. This includes leading compliance working groups, reporting to management, and creating escalation frameworks to address compliance issues proactively, ensuring Visa operates within regulatory boundaries.

The work environment for a Sr. Director in Global AML/ATF & Sanctions Compliance at Visa is hybrid, allowing for both remote and in-office work. You'll typically spend 50% or more of your working time in the office, collaborating with team members and leadership while also leveraging remote work for focused tasks and reviews.

Key skills for success in the Sr. Director, Global AML/ATF & Sanctions Compliance position at Visa include strategic thinking, strong leadership capabilities, adept communication skills to interact with various stakeholders, and the ability to implement and monitor compliance programs effectively. An analytical mind is also essential for assessing risks and developing effective policies.

When asked about your experience with AML and sanctions compliance programs, share specific examples of initiatives you've led or projects you've managed. Discuss how you developed policies, conducted risk assessments, and ensured compliance with industry regulations, highlighting measurable outcomes or improvements.

In your response, discuss the systematic approach you take to AML risk assessment. Mention methodologies you've employed to identify, evaluate, and mitigate risks, as well as how you ensure ongoing monitoring and updates of the risk framework as new challenges arise.

Highlight the importance of clear communication in compliance by sharing strategies such as using simple language, creating engaging training materials, and conducting interactive workshops. Stress the value of feedback channels to understand employee concerns and improve policy understanding.

For this question, describe your role in preparing for regulatory examinations and audits. Talk about the documentation processes you’ve implemented, how you've liaised with regulators, and the importance of transparency and thoroughness in these reviews.

Share a specific instance where you identified inefficiencies in a compliance process and the steps you took to enhance it. Focus on the implemented changes, the rationale behind them, and the positive outcomes that resulted from your efforts.

In answering this question, reflect on current industry trends and challenges, including the rise of digital finance, evolving regulations, and the tactics of financial criminals. Discuss how these challenges impact compliance strategies and what proactive measures can be taken.

Explain your vision for continuous improvement in compliance programs. Discuss the importance of feedback loops, data analysis, and employee training in adapting to new regulatory requirements and operational challenges.

Outline the key components of effective training programs you have implemented or would implement. Emphasize the importance of ongoing education in compliance, regular updates on regulatory changes, and tailored training to fit different roles within the compliance space.

Talk about your commitment to continuous professional development through various channels. Mention following relevant legal publications, participating in industry conferences, and being part of professional networks that discuss regulatory updates.

In your answer, mention key performance indicators (KPIs) such as the number of compliance breaches reported, audit findings, training completion rates, and employee feedback scores. Discuss the significance of measuring these metrics to evaluate program effectiveness and identify areas for improvement.