Visa Inc. is a global payments technology company that connects consumers, businesses, financial institutions and governments in more than 200 countries and territories, enabling them to use digital currency instead of cash and checks.
Visa does not issue cards, extend credit or set rates and fees for consumers. Visa’s innovations enable its bank customers to offer consumers choices: Pay now with debit, ahead of time with prepaid or later with credit products. From the world’s major cities to remote areas without banks, people are increasingly relying on digital currency along with mobile technology to use their money anytime, make purchases online, transfer funds and access basic financial services. All of which makes their lives easier and helps grow economies.
Behind the Visa brand are our talented employees who continuously raise the bar with innovative solutions and products that deliver the convenience and security of digital currency to more people all over the world.
As a global payment system, Visa maintains a global anti-money laundering and anti-terrorist financing (AML/ATF) program established under formalized policies and procedures. In this role, the senior analyst will primarily implement the global AML/ATF program for Visa’s Latin American and Caribbean clients and territories by working closely with global AML colleagues in Foster City. In addition to executing locally, the senior analyst will also participate in coordinating global program elements and be a proactive thinker/contributor to refine Visa’s global AML/ATF strategies, procedures and policies.
1. Execute the local AML/ATF program for the Latin America and Caribbean clients & countries, consistent with Visa's Global AML/ATF policy and procedures.
Perform AML/ATF periodic reviews of clients and of all new applicants as stipulated in the Global AML/ATF Policy
Monitor clients and provide timely assessments, including necessary enhanced due diligence reviews
Coordinate closely with Sales to ensure client surveys are received timely and to administer fines if surveys are not received in a timely manner.
Execute OFAC screenings on clients and client-stakeholders
Conduct AML/ATF assessments of local products and services (aka product risk assessments)
Manage onsite client reviews conducted by third-parties
Proactively identify and evaluate emerging regulatory trends & laws in Visa’s local markets that may require program enhancement
Ability to prioritize deliverables and projects to meet timelines efficiently, and must be able to adapt to changes in priorities quickly.
Capable of interpreting AML laws and regulations in over 40 countries and subsequently providing guidance to internal and external stakeholders.
Promote Visa & the team’s controls and services externally, including participation at AML Conferences
Liaise with Legal to ensure adherence to emerging regulatory laws and to respond to any formal inquiries
Act as subject matter expert and outreach to Country/Sales offices to educate staff on Visa’s AML/ATF program
Report periodically on program status and escalate issues to senior management
Develop KRI/KPIs (key risk and performance indicators) globally and ensure drivers are executed globally
Perform issues management, resolution and tracking
Facilitate internal audit requests and ensure satisfactory resolution of any audit findings & recommendations
2. Participate in the management and ongoing development of the Global AML/ATF policy, procedures and practices with global
Actively coordinate one or more program elements (i.e. Enhance Due Diligence program) for all the hubs, including hosting periodic meetings, ensuring reasonable documentation and facilitating discussions/resolutions for the benefit of all hubs.
Provide suggestions to updates in global strategy, policy and procedures as necessary to address changes in regulatory and business environment
Drive the centralization of AML/ATF program activities that increase productivity among local (Miami and Foster City) and global teams.
Require at least 8 years of implementing AML/ATF, Bank Secrecy Act (BSA), USA PATRIOT Act, or OFAC programs
Experience with working with regulators (i.e. FFIEC, FinCEN, OFAC, Banking Regulators, Homeland Security) preferred
Strong understanding of Visa or other payment system networks’ system & products preferred
Hard worker that is self-motivated and adept at working independently or in a team on multiple and varied tasks
Ability to perform under pressure and capable of working collaboratively with employees throughout the company
Excellent written, oral, presentation and interpersonal skills to champion internal/external communication
Professional AML/ATF accreditation a plus – CAMS, AML/CA, etc
College degree or equivalent experience
Fluency and Professional written communication skills in English and Spanish, Portuguese is a plus.
Visa - 14 months ago
Visa Inc. is a global payments technology company that connects consumers, businesses, financial institutions and governments in more than...