Compliance Analyst, Diligence

Fascinated by the future and captivated by technology? Smart, driven and want to make a difference in the world? You will fit right in.

By joining one of our teams at Visa Payments Limited, a division of Visa Inc since 2019, you’ll have an opportunity to shape the payments experience globally. Being part of Visa, the world’s leader in digital payments technology, our mission is to connect the world through the most creative, reliable and secure payment network, enabling individuals, businesses, and economies to thrive.

Visa Payments Limited is a financial technology business that provides cross-border payment processing services to banks and payments businesses across six continents through its global network.

Individuality fuels our brand and our global team – we are proud that we are a talented team of 18,000 individuals with unique backgrounds, perspectives and experiences. Therefore, we understand that you are much more than your day job. We encourage quality of life both within and outside of the office, and whether it is taking advantage of agile work schedules or our wellness programmes, Visa Payments Limited and Visa Inc. respects and encourages meaningful work/life balance for everyone.

If you think you could support the Visa family by joining Visa Payments Limited as a Operations Analyst, we want to hear from you.

You’re an individual. We’re the team for you. Together, let’s transform the way the world pays.

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, 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. 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

Education:

• Ideally educated to degree level and/or related professional qualifications (e.g. International Compliance Association Certificates and/or Diplomas)

Experience:

• At least 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.

Skills:

• Self motivated and high level of initiative
• Stakeholder management
• Delivery mindset
• Control framework development, delivery and maintenance.
• Excellent communication skills, both written and oral
• Accuracy and attention to detail
• Flexible problem solving attitude
• Courteous and adaptable team player capable of effective collaboration within a diverse group

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.