Visa Inc. is a global payments technology company that connects consumers, businesses, financial institutions and governments in more than 200 countries and territories, enabling them to use digital currency instead of cash and checks. 

 Visa does not issue cards, extend credit or set rates and fees for consumers. Visa's innovations enable its bank customers to offer consumers choices: Pay now with debit, ahead of time with prepaid or later with credit products. From the world's major cities to remote areas without banks, people are increasingly relying on digital currency along with mobile technology to use their money anytime, make purchases online, transfer funds and access basic financial services. All of which makes their lives easier and helps grow economies.

Behind the Visa brand are our talented employees who continuously raise the bar with innovative solutions and products that deliver the convenience and security of digital currency to more people all over the world.

Visa Direct is a payment service that Visa provides to clients (issuers, acquirers, processors, merchants and service providers) to facilitate fund transfers/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) transfer, person to micro-business transfer (e.g. payments to landscaper), and funds disbursement (e.g. insurance claim disbursements).  Currently, the push payments market is estimated to be an $80T global opportunity.

• Review alerts to identify potential suspicious activity within a given timeframe

• Manage and maintain effective and risk-based analytic methods, and techniques for evaluating unusual activity and transactions.

• Develop and enhance Financial Intelligence and Analytics (FIA) program and procedures in line with VISA’s AML/Sanctions Risk Assessment.

• Oversee Visa’s Global AML monitoring program for products and services that are perceived to elevate the risk of money laundering and/or terrorist financing.

• Responsible for the identification of financial crimes trends and threats, and to assess the relevant risk and impact to Visa.

• Review cases for accuracy, timeliness and content including performing quality assurance.

• Continuously identifying opportunities for process improvements, escalating recommendations, and implementing changes and enhancements.

• Stay abreast of current and emerging anti-money laundering, counter-terrorism financing methodologies and regulatory updates to incorporate in the Financial Intelligence and Analytics (FIA) monitoring program.

• Prepare Enhanced Due Diligence (EDD) reports and other analytic reports as necessary

• Document all research and analysis conducted in the Case Management System

• Strong attention to details

• Perform other duties and responsibilities as assigned

• Basic Qualifications

• Prefer at least 5 years of implementing AML/ATF, Bank Secrecy Act (BSA), USA PATRIOT Act, and OFAC programs

• Minimum of Bachelor’s degree or equivalent

• Excellent written, oral, presentation and interpersonal skills

• In-depth knowledge of AML and sanctions regulations and regulatory expectations

• Superior record keeping and organizational skills as well as attention to details are also required

   

• Preferred Qualifications

• 7-10 years of work experience and a Bachelor’s Degree or

• Good knowledge of Visa systems & products, payment systems and/or card programs

• Hard worker that is self-motivated and adept at working independently or in a team on multiple and varied tasks

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

• Fast learner and critical thinker, ability to interpret rules and policies and clearly articulate applicability to programs

• Ability to manage assignments that are of diverse scope and complexity and require significant initiative and judgement

• Professional AML/ATF accreditation a plus – CAMS, AML/CA, etc.

• Physical Requirements

• This position will be performed in an office setting.  The position will require the incumbent to sit and stand at a desk, communicate in person and by telephone, frequently operate standard office equipment, such as telephones and computers, reach with hands and arms, and bend or lift up to 25 pounds.

Work Hours:

• Varies upon the needs of the department

Travel Requirements:

• This position requires travel 5-10% of the time.

Mental/Physical Requirements:

• This position will be performed in an office setting. The position will require the incumbent to sit and stand at a desk, communicate in person and by telephone, frequently operate standard office equipment, such as telephones and computers, reach with hands and arms, and bend or lift up to 25 pounds.

Visa will consider for employment qualified applicants with criminal histories in a manner consistent with the requirements of Article 49 of the San Francisco Police Code.

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.