Sr. Director, Global Sanctions Compliance - job 5 of 21

To excel as the Sr. Director of Global Sanctions Compliance at Visa, candidates should possess extensive experience in compliance, particularly in economic sanctions and export controls. A strong understanding of global laws and regulations relevant to sanctions is essential. Candidates with previous leadership experience in managing compliance teams, conducting risk assessments, and developing training programs will find themselves well-suited for this role. A legal or compliance-focused degree is also typically required.

The key responsibilities of the Sr. Director, Global Sanctions Compliance at Visa include overseeing and managing Visa's sanctions and export control compliance program, conducting compliance risk assessments, providing regulatory guidance, and leading a team of compliance professionals. This role also involves designing screening tools, conducting training sessions, and ensuring compliance with legal requirements, collaborating closely with internal stakeholders and regulators to address any sanctions-related issues.

Collaboration is crucial for the Sr. Director, Global Sanctions Compliance at Visa. This role works closely with various internal partners, including the Legal team for regulatory matters, the AML team for efficient compliance processes, and business executives to guide operations. You will be a connector, ensuring that compliance measures align with business strategies while educating and mentoring staff on sanctions compliance.

A successful Sr. Director of Global Sanctions Compliance at Visa should have excellent leadership and communication skills, the ability to think critically and act decisively in complex situations, and a thorough understanding of sanctions compliance. Moreover, being proactive and adaptable, while maintaining a strong ethical framework, are paramount to navigating the challenges and ensuring the effectiveness of the compliance program.

Yes, Visa offers a hybrid working model for the Sr. Director, Global Sanctions Compliance position. Employees can alternate their time between remote work and office presence, typically being in the office 2-3 days per week. This flexible approach helps ensure work-life balance while fostering collaboration with the team.

When answering this question, focus on specific regulations you've worked with, such as OFAC or BIS guidelines. Highlight specific instances where you've navigated compliance issues, detailing the outcomes of your efforts. Provide examples of training initiatives you've led and how you've fostered a culture of compliance within your team.

Emphasize the resources and strategies you use to keep current, such as attending industry conferences, subscribing to legal journals, and participating in professional networks. Mention any personal initiatives, like joining committees or groups focused on compliance to demonstrate your commitment to being at the forefront of the field.

Discuss your leadership style, such as your focus on mentorship, professional development, and team cohesion. Provide examples of how you've implemented training programs or initiatives that have improved team efficiency and morale. Share your approach to conflict resolution to convey your ability to foster a positive team environment.

Talk about your systematic approach to risk assessment, mentioning specific tools or methodologies you use. Share examples of risks you've identified in past roles and the steps taken to mitigate them, emphasizing the importance of monitoring and adapting to changes in regulations and market conditions.

Use this opportunity to demonstrate your preparation and organizational skills. Discuss your experience working with regulators, outlining how you ensure all procedures are in compliance ahead of an audit. Highlight a successful resolution of any findings from past audits to show your competence and professionalism.

Share a detailed example, including the context, the challenge faced, and the steps you took to resolve the issue. Focus on your analytical thinking and problem-solving skills. Highlight any successful outcomes and lessons learned that enhanced your approach to future challenges.

Discuss specific technologies or compliance tools you're familiar with that help identify and manage sanctions compliance risks. Describe your experience collaborating with IT teams to enhance screening tools and how technology has improved the efficiency and effectiveness of compliance programs you've managed.

Highlight your strategy for promoting compliance culture, which may include regular training sessions, clear communication on policies, and leading by example. Provide examples of initiatives you’ve implemented that have fostered a proactive approach to compliance among staff at previous organizations.

Explain your method for effective prioritization, taking into account risk levels, deadlines, and the potential impact of compliance issues. Discuss how you balance immediate operational needs with long-term strategies, and share any systems or processes you use to manage your time and tasks.

This is a great chance to show your ambition and vision for your career. Share your goals relating to professional development, contributing to industry best practices, or leading significant compliance initiatives. Emphasize your desire to continuously grow and adapt in the ever-changing regulatory landscape.