Job details

Sr. Director, Global Sanctions Compliance - job 17 of 21

Get a free resume review

We are seeking a seasoned compliance professional to manage Visa’s economic sanctions, trade embargo, and export control compliance program. This position will report to the Global BSA/AML and Sanctions Officer and will support the Ethics and Compliance Department and also work closely with business partners and other internal stakeholders. The Sr. Director, Global Sanctions Compliance will oversee, execute, and manage the sanctions and export control compliance program across Visa. This leader will be responsible for managing a team of compliance professionals to assess sanctions compliance risk and design and implement appropriate controls to mitigate that risk.

The candidate will manage the sanctions compliance team and will partner with key stakeholders including colleagues in Legal, Government Engagement, Risk Visa account executives to provide guidance to the business on both day-to-day operations as well as new business initiatives. This leader will act with urgency when conditions warrant and exercise outstanding judgement in order to take swift, decisive action when situations warrant.

Responsibilities:

As the sanctions and export control subject matter expert, you will thoroughly understand the applicable global laws and regulations and their impact to Visa’s business. You may be called on to meet with regulators, OFAC staff and other officials regarding OFAC and other sanctions regulatory matters. You will develop, enhance, and implement the sanctions program and its associated procedures to ensure compliance with applicable laws and regulations. You will regularly conduct sanctions training for relevant personnel and you will oversee sanctions screening processes, including providing expertise for remediating any sanctions issues or risks that arise. In partnership with Visa’s technology teams, you will design and execute screening tools / applications, including logic, thresholds, and application and will test and modify them as appropriate.

Additionally, you will:

Identify sanctions and export control issues, escalate and remediate appropriately
Manage client responses and other communications involving sanctions compliance
Conduct sanctions compliance risk assessments and recommend changes to the sanctions and export control program policies and procedures, as needed
Train and mentor analysts responsible for daily screening, monitoring and investigation
Facilitate internal audit requests and ensure satisfactory resolution of any audit findings and recommendations
Manage and lead a team of compliance professionals and contractors supporting sanctions compliance program
Coordinate sanctions processes with AML team to ensure efficiencies and effectiveness for both programs
Partner with legal colleagues to respond to subpoenas and other regulatory requests related to sanctions
Apply for and manage OFAC and BIS licenses. Prepare and file all necessary regulatory reports including OFAC blocked property reports, in consultation with Visa legal advisors as needed
Develop metrics and reports for executive leadership

This is a hybrid position. Hybrid employees can alternate time between both remote and office. Employees in hybrid roles are expected to work from the office 2-3 set days a week (determined by leadership/site), with a general guidepost of being in the office 50% or more of the time based on business needs.

Average salary estimate

$175000 / YEARLY (est.)

min

max

$150000K

$200000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Sr. Director, Global Sanctions Compliance, Visa

Are you ready to take your compliance career to the next level? Visa is on the lookout for a Sr. Director, Global Sanctions Compliance to join our dynamic team in Miami! This is an incredibly exciting opportunity to lead our sanctions and export control compliance program, reporting directly to the Global BSA/AML and Sanctions Officer. In this role, you will be the go-to expert on economic sanctions and trade embargoes, overseeing a talented team of compliance professionals. Your leadership will be crucial in assessing sanctions compliance risks and implementing strategic controls to ensure we meet global regulations. You'll collaborate with various key stakeholders, including legal teams and business executives, to provide guidance on everyday operations and new ventures. We believe in acting with urgency and exercising sound judgment, particularly when it comes to navigating the complexities of regulatory matters. You will participate in meetings with regulators and officials, ensuring Visa upholds the highest compliance standards. Your responsibilities will include developing training programs for staff, enhancing our sanctions processes, and using smart technologies to execute effective screening tools. Plus, you’ll conduct risk assessments and manage communications with clients regarding sanctions compliance. Sound like your kind of challenge? Join us at Visa, and make a real impact in a role that marries expertise with leadership, all while enjoying a flexible hybrid work environment!

Frequently Asked Questions (FAQs) for Sr. Director, Global Sanctions Compliance Role at Visa

What are the primary responsibilities of the Sr. Director, Global Sanctions Compliance at Visa?

The Sr. Director, Global Sanctions Compliance at Visa is responsible for managing the sanctions and export control compliance program, overseeing a team of compliance professionals, and collaborating with legal teams and various stakeholders to ensure compliance with global regulations. This role includes assessing sanctions compliance risks, developing training programs, and enhancing compliance procedures.