Compliance Director, Colombia

  • Bogotá, Bogota, Colombia
  • Full-time

Company Description

Visa operates the world's largest retail electronic payments network and is one of the most recognized global financial services brands. Visa facilitates global commerce through the transfer of value and information among financial institutions, merchants, consumers, businesses and government entities.

We offer a range of branded payment product platforms, which our financial institution clients use to develop and offer credit, charge, deferred debit, prepaid and cash access programs to cardholders. Visa's card platforms provide consumers, businesses, merchants and government entities with a secure, convenient and reliable way to pay and be paid in 170 countries and territories.

Job Description

As a Compliance Director, based in Bogota, the successful candidate will be responsible for regulatory Compliance matters, Anti-Money Laundering / Anti-Terrorist Financing (AML/ATF) and Sanctions programs established under formalized policies and procedures primarily in Colombia and across other
countries in Latin America and the Caribbean. The candidate will be appointed before the Colombian Financial Superintendent as the AML Compliance Officer for Visa Colombia Support Services S.A. 

The principal focus of this role is to ensure effective client interaction, decision-making, due diligence, review processes and risk management to meet the requirements of the USA and Colombia regulations and laws
pertaining primarily to:

  • Anti-Money Laundering / Anti-Terrorist Financing
  • Anti-Bribery

  • Office of Foreign Assets Controls (OFAC) Sanctions;

  • Data Privacy

  • Code of Business Conduct and Ethics

  • Information Security; and

  • any other specific compliance requirements of regulators who
    have regulatory authority over our operations in market

Some travel throughout the region may be necessary.

Qualifications

Professional

A minimum of 7-10 years of experience in regulatory compliance and related risk management disciplines gained in international commercial enterprises, including experience in financial services. 

A degree qualification from a recognized University.

Previous experience as an AML/ATF Compliance Officer for a financial institution is a plus.

Proven Knowledge in Risk Management.

Prior authorization by the Colombian Banking Superintendent to serve as a Compliance Officer in a financial institution is a plus. 

Technical 

Good understanding of the SARLAFT (“Sistema de Administración del Riesgo de Lavado de Activos y de la
Financiación del Terrorismo”) of Colombia.

Highly experienced in reporting to banking regulatory authorities in Colombia.

Strong subject matter expertise in Anti-Money Laundering (AML) / Anti-Terror Funding (ATF); OFAC sanctions; Compliance risk assessment, monitoring & testing, and reporting processes. 

Key Skills for Success 

Excellent communication skills both written and oral

Self-motivated

Ability to prioritize and handle multiple tasks

Time management skills 

Language Fluency

English & Spanish required

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