Compliance Manager

Company Description

At Visa, your individuality fits right in. Working here gives you an opportunity to impact the world, invest in your career growth, and be part of an inclusive and diverse workplace. We are a global team of disruptors, trailblazers, innovators and risk-takers who are helping drive economic growth in even the most remote parts of the world, creatively moving the industry forward, and doing meaningful work that brings financial literacy and digital commerce to millions of unbanked and underserved consumers.

**You’re** an Individual. **We’re** the team for you. **Together**, let’s transform the way the world pays.

Job Description

As a global payments network, Visa maintains a Compliance Program designed to proactively manage legal, regulatory and ethical risks across our business.
- Anti-Bribery and Anti-Corruption,
- Office of Foreign Assets Controls and other Sanctions,
- Anti-Money Laundering (AML) / Anti-Terrorist Financing (ATF),
- Data Privacy,
- Information Security,
- Business Conduct and Ethics
- Anti-Trust and Competitive Intelligence, and
- Other specific compliance requirements of regulators who have regulatory authority over our operations in Brazil.
- ** Essential Functions**:

- Serve as a point of contact for AML/ATF matters with regulators, in collaboration with Compliance Director, Legal, Risk and Government Relations functions
- Collaboration with Visa’s Financial Intelligence Analytics Center on activities including additional and enhanced due diligence applied to AML/ATF & Sanctions cases, including direct communications and requests for information from clients and partners
- Ensuring that the business has effective controls, risk assessment, processes and procedures to meet obligations of internal policy and international and local regulations, laws and requirements
- Support the review of business strategies, activities and transactions, assessment of risk and development and execution of risk mitigation action at regional, country, program and product level
- Design, implement and execute transaction monitoring and testing,
- Conduct onboarding and ongoing due diligence of clients and partners,
- Perform periodic testing against procedures to ensure the clients are meeting the obligations,
- Submit regulatory reports documenting results of testing and work with clients and internal stakeholders to address any remediation required,
- Support the Visa employees in understanding of the Compliance Program and Code and drive effective inclusion of Compliance in business activities and strategies
- Communicate openly, and develop strong and effective internal business partnerships and drive regulatory compliance matters
- In collaboration with Compliance Director, provide support to regulators, Clients and partners on the Visa Compliance Program and requirements of Visa Rules
- Execution of due diligence requirements of the Anti-Bribery/Anti-Corruption Program, AML/ATF & Sanctions Programs, including third party due diligence, provision of AML/ATF workshops and education for Clients and on-site Client AML program assessments for various client types including fintechs and cryptocurrency partners. The AML/ATF component is a significant portion of the position’s overall responsibilities.
- Support Compliance Director in managing activities related to Business Conduct and Ethics
- Work with other control groups including Legal and Government Relations to maintain an understanding of the legal and regulatory landscape including the support and maintenance of the legal and regulatory obligations inventory as it applies to Visa
- Perform targeted testing of key processes and control design and effectiveness to ensure risk mitigation objectives are met most efficiently and with least impact on business operations
- Assist the business in developing and enhancing the first line of defense to ensure compliance with local regulatory requirements, ensuring that risks are being adequately managed and that the business is in compliance with company policy
- Continually identify opportunities for program and process efficiencies while ensuring sufficient controls are in place, partner with the business to drive identified process and control improvements
- Support on business education on policy requirements, including delivery of localized training, tailored to the country, business and support function needs
- Develop and analyze comprehensive reporting including local dashboard of Compliance Program activity, metrics and performance assessment
- Reports to the Brazil Compliance Director which in turn reports to the Latin America & Caribbean Compliance Leader
- Liaises closely with functional colleagues around the world to develop and refine best practices

Qualifications
- Basic Qualifications
- 5 or more years of relevant work experience in Brazil in compliance in the payments and financial services industry with a Bachelor’s Degree or at least 2 years of work exper