Job Description
About Us
Visa is a world leader in payments technology, facilitating transactions between consumers, merchants, financial institutions and government entities across more than 200 countries and territories, dedicated to uplifting everyone, everywhere by being the best way to pay and be paid.
At Visa, you'll have the opportunity to create impact at scale — tackling meaningful challenges, growing your skills and seeing your contributions impact lives around the world.
Join Visa and do work that matters – to you, to your community, and to the world. Progress starts with you.
Job Description
Perform periodic and trigger-based reviews of counterparties, collaborate with relationship managers to gather necessary KYC information and documents, ensuring continuous adherence with our policies, procedures and regulatory requirements.
Perform Sanctions, PEP, Adverse Media screening, and open-source checks as part of counterparty due diligence and manage daily alerts from continuous counterparty screening.
Proactively identify, escalate, and assist in resolving issues related to client types, structures, AML/CTF risks, or actual or suspected sanctions matches.
Ensure internal SLAs and deadlines are met.
Oversee the Due Diligence inbox, prioritising, and routing requests to ensure both internal and external inquiries are handled promptly and efficiently.
Ensure compliance with documentation requirements, conduct AML checks on new and existing clients, execute KYC analysis, compile review-ready reports for approval in line with policies and procedures.
Represent the Due Diligence team in internal and external meetings as necessary.
Ensuring clients are within legal parameters and not undertaking ML or criminal activities. For example, using screening and monitoring systems to assess client legitimacy.
Promoting and providing advice on best compliance practice within critical business areas.
Conduct comprehensive due diligence during the onboarding process for Financial Institutions (FIs) and Non-Banking Financial Institutions (NBFIs), ensuring all necessary checks and verifications are completed in line with our policies and procedures and regulatory requirements.
Exemplifying the company values and promoting them in all areas of the role, within and without the function.
Assist in the development and implementation of new controls and procedures to enhance the efficiency and effectiveness of our due diligence process.
Contribute to the training and development of other team members, sharing knowledge and best practices in due diligence and compliance.
Assist with the development of management information in alignment with regulatory and internal policy/risk expectations.
Provide support in carrying out ad-hoc projects as needed.
This is a hybrid position. Expectation of days in office will be confirmed by your hiring manager.
Qualifications
Basic Qualifications
Ideally educated to degree level and/or related professional qualifications (e.g. International Compliance Association Certificates and/or Diplomas)
Preferred Qualifications
3+ years’ experience in a related environment (payments/FX industry, compliance, regulation, enforcement)
Specific experience related to Customer Due Diligence (CDD) and Know Your Business (KYB) practices, ideally on large corporate entities, financial institutions, and NBFIs
Proven experience and understanding of assessing risk and identifying mitigation.
Understanding of risk, risk assessment, control frameworks and risk mitigation.
Experience in correspondent banking, wallets, and virtual currency sectors is highly desirable.
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.