Compliance & Diligence Analyst

The Compliance Analyst is a member of the Visa Payments Compliance due diligence team responsible for conducting Anti-Money Laundering and Know Your Client checks in line with regulatory requirements and Visa Payments policies and procedures. The compliance-risk control framework encompasses financial crime and regulatory compliance with a focus on AML Counter Terrorist Financing (CTF) Sanctions Anti-Bribery and Corruption (ABC) KYC Know Your Customers Business (KYB) and Counterparty Due Diligence (CDD).

This is a hybrid role with the requirement for you to attend our Paddington office Tuesdays through to Thursdays each week. 
 

Key Responsibilities

Primary areas of responsibility include:

• Conduct comprehensive due diligence during onboarding for Financial Institutions (FIs) and Non-Banking Financial Institutions (NBFIs) ensuring all required checks and verifications are completed in accordance with policies and procedures and regulatory requirements.
• Perform periodic and trigger-based reviews of counterparties to maintain ongoing alignment with compliance requirements collaborating with relationship managers to gather necessary KYC information and documents.
• Review counterparties compliance programs and controls and prepare financial crime compliance reports and recommendations
• Manage daily alerts and conduct Sanctions Politically Exposed Persons (PEP) Adverse Media screening and open-source checks as part of continuous counterparty due diligence.
• Ensure all documentation requirements are met execute AML checks on new and existing clients and compile review-ready reports for approval in accordance with policies and procedures.
• Identify escalate and help resolve issues related to client types structures AML/CTF risks and suspected sanctions matches promoting best compliance practice within key business areas.
• Assist in the development and implementation of new controls and procedures to enhance the efficiency and effectiveness of the due diligence process.
• Contribute to team training and development by sharing knowledge and best practices in due diligence and compliance.
• Support the development of management information to align with regulatory and internal policy/risk requirements.
• Participate in internal and external meetings as a representative of the Due Diligence team.
• Provide advice on compliance matters and ensure clients remain within legal parameters using screening and monitoring systems to assess legitimacy and financial crime risk.
• Ensure internal SLAs and deadlines are met.
• Uphold and promote company values in all aspects of the role.
• Support ad-hoc projects as required.

Qualifications :

Experience

• 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 & Personal Attributes:

• Excellent communication skills both written and verbal
• Self-motivated with a strong sense of initiative able to work independently and deliver results within deadlines
• Effective stakeholder management capable of collaborating with a diverse group
• Delivery-focused mindset ensuring successful completion of tasks and projects
• Experience in developing implementing and maintaining control frameworks
• Exceptional accuracy and attention to detail supported by strong organisational skills
• Adaptable problem-solver able to absorb interpret and apply complex regulations as well as identify risks and propose improvements
• Courteous team player with a flexible attitude

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.

Remote Work :

No

Employment Type :

Full-time