Sr. Director, Visa Direct Compliance

Visa Direct is an exciting payment service that Visa provides to clients (issuers, acquirers, processors, merchants, and service providers) to facilitate funds transfers and disbursements to Visa accounts in the U.S. and around the world using push payment technology, i.e., Original Credit Transaction (OCT). Visa Direct consumer and business applications include person to person (P2P) money transfer, person to micro-business (P2MB) transfer (e.g., payment for goods and services sold by small businesses), marketplace payouts to gig economy participants, funds disbursement (e.g., insurance claims), and more. To offer ubiquitous reach in key global markets, Visa Direct is expanding to offer a Payouts service to support payments through real-time payments, ACH schemes and other digital stores of value. This will expand the scope of Visa’s push payments services to include connectivity into 90+ new payment types worldwide.

The Senior Director – AML Compliance – Payments will be a key member of the Global AML & Sanctions team and will lead a team of people globally, providing line of business expertise, compliance advice, and oversight. This charter is inclusive of assisting to develop or enhance the relevant AML policy standards, risk-based program governance, engagement models, communications content and cadence, and strategic guidance to global and regional functions. Knowledge of global industry and regulatory trends in the areas of AML/KYC, sanctions compliance and risk assessment will be critical as well as experience in building solutions and processes to manage payment services risk. Additionally, the person in this role will be responsible for the review of new business initiatives, process improvements, and any product integration, when applicable. The role-holder should be able to engage with credibility and authority with clients and regulators and clearly communicate the Visa Direct platform’s risk and compliance features. The ideal candidate should be able to work independently towards agreed strategy, objectives and results and be effective in a dynamic, matrixed environment under demanding timelines.

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.

• 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
• 10 years of implementing AML/ATF, Bank Secrecy Act (BSA), USA PATRIOT Act, and OFAC programs at a Bank FI or MSB in the payments industry a plus (but not essential)
• Experience designing and managing AML and Sanctions related product features and development
• Strong understanding of relevant BSA/AML and sanctions requirements and industry best practices. Related industry certifications a plus
• Ability to effectively collaborate and influence to lead cross-functional teams
• Multi-national experience and perspective would be a strong plus
• Fast learner and critical thinker, ability to interpret rules and policies and clearly articulate applicability to programs
• Effective communication skills (verbal and visual) with an ability to explain complex compliance, business, and technical concepts to broad audiences in an approachable way
• Strong attention to detail and ability to manage multiple projects/initiatives to conclusion through multi-functional teams
• Passion for payments and creating new solutions
• Visa or card industry knowledge would be an asset

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.