Sr. Director – Global Sanctions Compliance
| Company | Visa |
|---|---|
| Location | Miami, FL, USA |
| Salary | $Not Provided – $Not Provided |
| Type | Full-Time |
| Degrees | Bachelor’s |
| Experience Level | Senior, Expert or higher |
Requirements
- 12 or more years of work experience with a Bachelor’s Degree or at least 10 years of work experience with an Advanced degree (e.g. Masters/MBA /JD/MD), or a minimum of 5 years of work experience with a PhD
- 15 or more years of experience with a Bachelor’s Degree or 12 years of experience with an Advanced Degree (e.g. Masters, MBA, JD, or MD), PhD with 9+ years of experience
- 12+ years of sanctions compliance experience, preferably with a financial institution, payments company, or other financial services company
- Minimum 8 years of work experience in a global sanctions and export control compliance role with increasing levels of responsibility and deep experience in sanctions matters
- Minimum 6 years of demonstrated global sanctions compliance leadership and team management experience
- Deep experience designing and implementing sanctions compliance programs and procedures
- Experience with and knowledge of screening technology and systems with a preference for experience with Detica aka Norkom, ACI Worldwide, RDC, Actimize
- Experience managing system configurations and performance output of screening technologies
- Ability to work independently without significant oversight or direction
Responsibilities
- Thoroughly understand the applicable global laws and regulations and their impact to Visa’s business
- Meet with regulators, OFAC staff and other officials regarding OFAC and other sanctions regulatory matters
- Develop, enhance, and implement the sanctions program and its associated procedures to ensure compliance with applicable laws and regulations
- Regularly conduct sanctions training for relevant personnel
- Oversee sanctions screening processes, including providing expertise for remediating any sanctions issues or risks that arise
- In partnership with Visa’s technology teams, design and execute screening tools / applications, including logic, thresholds, and application and test and modify them as appropriate
- 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
Preferred Qualifications
- 15 or more years of experience with a Bachelor’s Degree or 12 years of experience with an Advanced Degree (e.g. Masters, MBA, JD, or MD), PhD with 9+ years of experience
- 12+ years of sanctions compliance experience, preferably with a financial institution, payments company, or other financial services company
- Minimum 8 years of work experience in a global sanctions and export control compliance role with increasing levels of responsibility and deep experience in sanctions matters
- Minimum 6 years of demonstrated global sanctions compliance leadership and team management experience
- Deep experience designing and implementing sanctions compliance programs and procedures
- Experience with and knowledge of screening technology and systems with a preference for experience with Detica aka Norkom, ACI Worldwide, RDC, Actimize
- Experience managing system configurations and performance output of screening technologies