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 Counter party Due Diligence (CDD).

This is a hybrid role with the requirement for you to attend our Paddington office Tuesdays through to Thursdays each week., 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 counter parties to maintain ongoing alignment with compliance requirements collaborating with relationship managers to gather necessary KYC information and documents.
• Review counter parties 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 counter party 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 elevate 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.
• 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.
• 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