Compliance Director
Company
The Western Union Company is a NYSE-Traded Fortune 500 Company and a leader in global payment services, with a 160 year history of connecting friends, family and businesses around the world. With our roots in the telegram business, we were first to offer electronic money transfer services in 1871.
Western Union is the single largest player in a huge flow of resources - a transfer of billions of dollars every year that touches one sixth of the world's population. We're a force for economic growth, a mainstay for emerging nations, and a growing, profitable business. We offer the freedom to move money safely, quickly and in cash to virtually any place on the planet.
Role
This position is responsible for directing and developing risk based AML compliance programs for assigned countries of Western Union and its affiliates. This includes long- and short-term planning, adapting to a highly diversified and changing environment and managing priorities.
The Director will play a critical role in establishing and managing regulatory relationships.
Key Responsibilities:
- Develop, implement and enforce policies, procedures, and programs to minimize potential money laundering risk and is responsible for meeting anti-money laundering requirements for assigned functions
- Provide leadership and guidance to a group of managers and staff in multiple geographical locations to deliver and/or effectively support compliance programs, processes and procedures, as well as accomplish compliance goals and strategies
- Provide a common vision, clear direction and challenge the team and other internal and external stakeholders to the AML Compliance Department to drive for results in meeting anti-money laundering compliance priorities
- Ensure proper agent and regulatory contacts and relationships are maintained
- Build necessary relationships with other department management, as well as external contacts to meet AML Compliance goals
Qualifications, Skills Knowledge
The ideal candidate will have tertiary qualifications with at least 8 years of relevant experience in retail/consumer financial services/payment services organizations with multiple financial products, or a regulatory agency or law firm involving payment services compliance issues. A provem successful track record in compliance management roles focusing on anti-money laundering responsibilities is a must as is strong experience in a management/supervisory position with multiple multi-jurisdictional direct reports, substantial understanding of retail/commercial financial products/services and anti-money laundering regulations within the banking/financial services industry with an understanding of technology and best practices in the compliance field and proven track record of complex problem solving and decision- making ability.
The successful candidate will have access to great employee benefits, dynamic and innovative company culture/ work environment and fantastic incentives for high performers
Why Join Us? Simple:
Be INSPIRED
DRIVEN to perform
Get CONNECTED
Be RESPONSIBLE for outcomes
Become a GAME-CHANGER
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