Compliance Manager - job 2 of 5

Visa is a world leader in payments and technology, with over 259 billion payments transactions flowing safely between consumers, merchants, financial institutions, and government entities in more than 200 countries and territories each year. Our mission is to connect the world through the most innovative, convenient, reliable, and secure payments network, enabling individuals, businesses, and economies to thrive while driven by a common purpose – to uplift everyone, everywhere by being the best way to pay and be paid.

Make an impact with a purpose-driven industry leader. Join us today and experience Life at Visa.

As a rapidly growing company in a highly regulated industry, we are seeking a proactive and detail-oriented Compliance Manager to join our team. In this role, you'll ensure our operations comply with global legal and regulatory requirements, while providing expert guidance across various departments to maintain the integrity of our services. 

Key Responsibilities 

• Regulatory Compliance: Oversee payment activities and operations to ensure compliance with all legal and regulatory requirements related to cross-border money movement. 

• Regulatory Guidance & Policy Development: Advise on regulatory requirements and develop compliance controls for new products, services, and business initiatives. Maintain and document compliance policies and procedures. 

• Compliance Training: Deliver compliance training and awareness programs to business units to promote a culture of compliance and mitigate risks. 

• Data and Reporting: Prepare detailed compliance reports for internal governance committees and submit periodic reports to external regulators. Monitor and report on compliance activities using Excel and other data visualization tools. 

• Regulatory Examination and Audit Management: Manage regulatory examinations, audits, and inquiries from external auditors, examiners, and regulators. Ensure timely responses and coordination of follow-up actions. 

• BSA/AML Oversight: Supervise BSA, AML, and OFAC compliance programs. Ensure timely reporting of Currency Transaction Reports (CTRs) and Suspicious Activity Reports (SARs). 

• Horizon Scanning: Monitor emerging regulations, industry trends, and new risks. Keep the business informed on regulatory changes and support the implementation of necessary adjustments. 

• Process Improvement: Continuously analyze operational processes to identify opportunities for innovation and efficiency improvements.  

• Cross-functional Collaboration: Partner with internal stakeholders and external vendors to ensure seamless compliance practices. Provide guidance and oversight for cross-functional teams to support strategic business goals. 

Skills:  

• Excel proficiency (including advanced functions like pivot tables, data analysis, and reporting). 

• Strong operational skills, with the ability to assess, improve, and document processes. 

• Excellent horizon scanning abilities to stay ahead of regulatory changes and industry developments. 

• Deep knowledge of BSA, AML, and financial compliance frameworks. 

• Strong data visualization skills for reporting and presenting compliance metrics. 

• Strong communication and interpersonal skills to engage with senior leadership, external auditors, and regulatory bodies. 

• Ability to think critically, manage risks, and make sound decisions based on regulatory knowledge. 

• Strategic thinking with a focus on both short-term goals and long-term compliance objectives. 

This is a hybrid position. Expectation of days in office will be confirmed by your Hiring Manager.

Basic Qualifications:

• 5 or more years of relevant work experience with a Bachelor's Degree or at least 2 years of work experience with an Advanced degree (e.g. Masters, MBA, JD, MD) or 0 years of work experience with a PhD

Preferred Qualifications:

• 6 or more years of work experience with a Bachelor's Degree or 4 or more years of relevant experience with an Advanced Degree (e.g. Masters, MBA, JD, MD) or up to 3 years of relevant experience with a PhD
•  Minimum of 5 years in a compliance or risk management role within the financial services or cross-border payments industry, with a deep understanding of BSA/AML and OFAC regulations. Professional AML/ATF (ACAMS) accreditation preferred.

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.

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.

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

U.S. APPLICANTS ONLY: The estimated salary range for a new hire into this position is 104,600 to 153,000 USD per year, which may include potential sales incentive payments (if applicable). Salary may vary depending on job-related factors which may include knowledge, skills, experience, and location. In addition, this position may be eligible for bonus and equity. Visa has a comprehensive benefits package for which this position may be eligible that includes Medical, Dental, Vision, 401 (k), FSA/HSA, Life Insurance, Paid Time Off, and Wellness Program.