Common Purpose, Uncommon Opportunity. Everyone at Visa works with one goal in mind – making sure that Visa is the best way to pay and be paid, for everyone everywhere. This is our global vision and the common purpose that unites the entire Visa team. As a global payments technology company, tech is at the heart of what we do: Our VisaNet network processes over 13,000 transactions per second for people and businesses around the world, enabling them to use digital currency instead of cash and checks. We are also global advocates for financial inclusion, working with partners around the world to help those who lack access to financial services join the global economy. Visa's sponsorships, including the Olympics and FIFA™ World Cup, celebrate teamwork, diversity, and excellence throughout the world. If you have a passion to make a difference in the lives of people around the world, Visa offers an uncommon opportunity to build a strong, thriving career. Visa is fueled by our team of talented employees who continuously raise the bar on delivering the convenience and security of digital currency to people all over the world. Join our team and find out how Visa is everywhere you want to be.

Position Summary

The Director, AML Compliance, is responsible for data modeling and analytics in support of the Global Compliance program under the oversight of AML compliance team and within the existing AML governance framework. This includes managing a team of one to two offshore resources, deployment of technology application platform and system automation, implementation of AI/Machine learning models, generating and maintaining reports and executive level dashboards, and managing vendor engagements.

 Job Responsibilities

•        Monitor projects and organizational initiatives to ensure coverage and bridge the gap between business and technology.

•        Support AML Compliance technology platform, system enhancements and automation. Contribute to the continued development of internal control awareness in the organization.

•        Lead/participate in data quality efforts and create standard test scripts and query logic for extensively testing out data consistency across various compliance systems.

•        Responsible for the ownership of processes and procedures supporting the data/model lifecycle as well as the business ownership of the reporting tools within the AML function and data integrity.

•        Support all review and audit functions; create a data/model inventory list and ensure all models are reviewed periodically.

•        Assist in the monitoring and engagement of association vendors and third-party relationships. In charge of managing and coordinating procurement for company’s supply of products and services. Review planned orders, create requisitions for purchased items, and manage approval process. Review, update, and maintain purchase orders until they are closed.

•        Participate in design, development and implementation of Artificial Intelligence (AI) and Deep Learning algorithms to enhance compliance monitoring capabilities.

•        Primarily responsible for the entire lifecycle of AML modeling projects, including design, data preparation, model development, implementation, performance monitoring, periodic retuning and retirement of rules for Financial Intelligence and Analytics (FIA) Transaction Monitoring model.

•        Assist in the expansion of transaction monitoring coverage to new product types. Responsible for building and managing the new alert rules for monitoring and surveillance.

•        Responsible for research, design and development of FIA peer grouping model. This includes data sourcing, data analysis and application of quantitative and statistical concepts to surveillance design to strengthen the existing compliance framework. Define clustering methodology, perform analysis of large data sets, and application of statistical techniques in behavior modeling and client segmentation analysis.

•        Design, develop, and implement complex, profile based surveillances with a strong emphasis on analytical models, such as risk scoring systems, statistical analysis, text analytics, relationship modeling, and data clustering.

•        Generate and maintain reporting and executive level dashboards to the risk committee, compliance senior management and compliance officers, to accurately reflect the overall health and effectiveness of Global Compliance program.

•        Define KPI metrics with LOB stakeholders to build a framework for easily assessing team/individual operational performance.

•        Develop quantitative solutions for identifying key risk in the Anti-Bribery program. Perform spend analysis on company’s expense data to determine overall risk.

•        Engage compliance officers and regional partners to ensure ongoing metrics review.

•        Scope, plan and manage delivery of risk assessment automation; design, develop and deploy a sustainable solution.

•        Implement transaction monitoring application to enable FIA team within Global Compliance to monitor suspicious transactions, including optimization of system design, review of user requirements and testing.

•        Support in maintaining an effective compliance program for Bangalore Technology Center (BTC) that promotes: (a) clear understanding of compliance policies and controls (b) heightened awareness of Ethics & Code of Conduct (c) no fear of retaliation (d) a culture that ensures transparent and timely escalation of issues.

•        Assist in updating and maintaining the BTC Enterprise Risk Management governance framework, including identifying potential areas of compliance vulnerability and risk. Participate in the Governance Committee discussions.

•        Review and ensure compliance with applicable Labor Legislations State Acts for BTC by partnering with the external vendor to establish periodic review of local laws and regulatory filings.

•        Collaborate with global departments (e.g., Controllership, Human Resources, Technology etc.) to execute on BTC Compliance and Data Security policy enforcements.

•        Leverage Global Compliance e-learning training content to moderate focus sessions on topics including Code of Conduct & Helpline, H&D, Information Security, Social Media and Careful Communications.

•        Bachelor’s degree required; Master’s degree preferred

•        Prior compliance, operational risk or audit experience

•        Strong problem solving and analytical skills including the ability to conceptualize and break down complex issues into actionable tasks

•        Good knowledge of local laws, practices and other regulatory requirements

•        CAMS certification a plus

•        Knowledge of advanced statistical methods and working proficiency in Tableau (Desktop and Server) and Microstrategy

•        Ability to work independently and as a team. High standard of integrity

•        Extremely well organized with the ability to manage large initiatives concurrently

•        Strong proficiency in SQL & SAS

•        Working knowledge of MS Word, Excel, PowerPoint is a must

•        Excellent written, oral, presentation and interpersonal skills

•        Ability to perform under pressure and capable of working collaboratively with employees throughout the company

All your information will be kept confidential according to EEO guidelines.