Company Description
Visa is a world leader in digital payments, facilitating more than 215 billion payments transactions between consumers, merchants, financial institutions and government entities across more than 200 countries and territories each year. Our mission is to connect the world through the most innovative, convenient, reliable and secure payments network, enabling individuals, businesses and economies to thrive.
When you join Visa, you join a culture of purpose and belonging – where your growth is priority, your identity is embraced, and the work you do matters. We believe that economies that include everyone everywhere, uplift everyone everywhere. Your work will have a direct impact on billions of people around the world – helping unlock financial access to enable the future of money movement.
Join Visa: A Network Working for Everyone.
Job Description
As a global payments network, Visa maintains an Ethics and Compliance Program designed to manage legal, regulatory, and ethical risks across our business. These activities manage the following key areas:
- Anti-Money Laundering (AML), Anti-Terrorist Financing (ATF), Sanctions, and Customer Due Diligence (CDD)
- Anti-Bribery (AB),
- Business Code of Conduct (BCO) and
- Other specific compliance requirements of regulators who have regulatory authority over Visa operations.
This position is the general Compliance role for all above related activities and will assist to lead, oversee, and ensure effective execution of those activities across the Southeast Asia (SEA) region.
Based in Singapore, the role reports and provides support to SEA Regional Ethics and Compliance Officer to:
- Execute due diligence activities in line with stated AML/ ATF/ Sanctions AB policies and procedures for SEA based staff and clients. Due diligence effort includes identifying concerns and following up with internal and external clients to obtain additional information where necessary,
- Perform screening and conduct online research to resolve potential screening hits to support the above due diligence activities,
- Conduct transaction monitoring from AB gift, travel and entertainment (GTE) requirements perspective,
- Ensure that accurate records are maintained to support quarterly compliance update to business leaders,
- Create/refresh Compliance training content to target audience and deliver Compliance trainings,
- Assess emerging regulatory trends and laws, and
- Support internal audits and regulatory requests, ensure satisfactory resolution of any audit findings and recommendations.
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.
Qualifications
We are looking for an individual who has strong problem-solving, organizational and communication skills. You must be able to independently and competently manage tasks involving multi-level and multi-functional stakeholders. As a candidate, you should have:
- Bachelor’s degree or other higher education qualifications
- Minimum 8 to 10 years of experience in management of compliance programs and controls within the financial services industry
- Professional AML/ATF (ACAMS) accreditation is preferred
- Sound knowledge on AMLATF typologies
- Good understanding of core pillars of effective AB, AML/ATF and Sanctions programs and appropriate legislation
- Expertise in the payments ecosystem preferred or alternately, good understanding of payments business and associated risks
- Corporate experience with a proven track record of managing multiple projects in a complex matrix business and operational environments
- Highly analytical and self-motivated, adept at working independently
- Flexible to work in an environment where needs are continually changing
- Capable of working collaboratively with employees from all levels within the organization, proactive planner able to engage peers and seniors constructively
- Good presentation and public communication skills
- Proficient in English language skills (written and verbal)
- Some travel and extended business hours (conference calls) may be required.
What will also help:
- Strong ethics and be a role model for Visa values as part of the AP Ethics and Compliance team
Please Note: Due to the COVID-19 pandemic and the evolving visa/travel restrictions in place, we are currently only able to extend offers to candidates with the right to work in Singapore. We are keeping the situation under close review and will adjust accordingly should the restrictive measures be lifted.
Additional Information
Visa is an EEO Employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability or protected veteran status. Visa will also consider for employment qualified applicants with criminal histories in a manner consistent with EEOC guidelines and applicable local law.