24 Oct
Visa
London
Job description
Job Description And Responsibilities
What’s it all about?
The compliance-risk control framework includes financial crime compliance and regulatory compliance. Financial crime focus is on Anti-Money Laundering (AML), Counter Terrorist Financing (CTF), Sanctions & Anti-Bribery and Corruption (ABC), and on the associated Know Your Customer (KYC) and Know Your Customer’s Business (KYC / B) & Counterparty Due Diligence (CDD) obligations, including primarily but not limited to : -
- On-boarding counterparty due diligence
- Transactional monitoring
- Sanctions screening
- Suspicious activity identification, monitoring and reporting
What we expect of you, day to day.
- Assess and respond to Compliance related transaction queries from our sanctions screening and live monitoring teams
- Ensure responses are sent in a timely manner in line with our internal SLAs and deadlines set by the Banks.
- Identify any reoccurring issues, and effectively resolve any problems resulting in the reduction of requests.
- Engage with clients to understand customer activity following alerts or requests
- Identify and internally escalate actual or suspected financial crime incidents
- Identify, investigate anomalous transaction patterns
- Identify, investigate, actual or suspected financial crime incidents
And assist
- Ensuring clients are within legal parameters and not undertaking ML or criminal activities. For example, using screening and monitoring systems to assess client legitimacy.
- Identifying, managing & escalating suspected and actual money laundering, sanctions breaches and fraud cases through the relevant escalation path.
- Ensuring the compliance risk control framework remains aligned with external legislation.
- Conducting and / or overseeing compliance monitoring reviews and audits.
- Promoting and providing advice on best compliance practice within critical business areas.
- Exemplifying the company values and promoting them in all areas of the role, within and without the function.
Qualifications
- 2 or more years of work experience with a Bachelor’s Degree or an Advanced Degree (e.g. Masters, MBA, JD, MD, or PhD)
- Previous experience in financial / corporate sector payments, FX and / or compliance
- Understanding of IT systems, operational and / or product development payment processes, especially in e-Commerce environments for retail and / or corporate payments
Your Personal Attributes :
- Courteous and friendly nature (team player)
- Strong communication skills, written and oral
- Recognises the importance of attention to detail (regulatory environment)
- Motivated to learn
- Able to work independently and efficiently to meet deadlines
- Ability to follow a process driven task
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.
▶️ Compliance Specialist, Case Administrator
🖊️ Visa
📍 London