Visa operates the world’s largest retail electronic payments network and is one of the most recognized global financial services brands. Visa facilitates global commerce through the transfer of value and information among financial institutions, merchants, consumers, businesses and government entities.
We offer a range of branded payment product platforms, which our financial institution clients use to develop and offer credit, charge, debit, prepaid and cash access programs to cardholders. Visa’s card platforms provide consumers, businesses, merchants and government entities with a secure, convenient and reliable way to pay and be paid in over 200 countries and territories.

We are recruiting to fill the vacant position below:

Job Title: West Africa Regional Compliance Director
Location: Lagos
Job Description
This position is responsible for the oversight, support and monitoring of the application of the Compliance Program across the West Africa sub-region. The position is a critical partner to the business, providing pragmatic, solution oriented counsel to ensure that Visa has effective risk management, decision-making and review of key processes to ensure we meet international standards, the requirements of regulations and laws of the United States and of the countries in which we operate.
These activities include the following areas of risk:

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;
Anti-Trust and Competitive Intelligence; and
Other specific compliance requirements of regulators who have regulatory authority over our operations in the West Africa region.

In addition, this position also holds responsibility for ensuring the highest standards of conduct, as set out in Visa’s Code of Business Conduct and Ethics. Particular areas of focus include:

Business Conduct and Ethics;
Conflicts of Interest; and
Prevention of Insider Trading.

Responsibilities
Core Responsibilities:

Responsible for all Compliance Program matters as the primary point of contact for business units, support functions and other control functions
Primary point of contact for AML/ATF matters with regulators, in collaboration with Legal and Government Relations functions
Review of significant business strategies, activities and transactions, assessment of risk and development and execution of risk mitigation action at regional, country, program and product level
Accountable for managing the process to provide required reporting to regulatory authorities in the West Africa sub-region, where relevant
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 decision-making, risk assessment, processes, controls and procedures to meet obligations of internal policy and international and local regulations, laws and requirements
Promote understanding of the Compliance Program and Code and drive effective inclusion of Compliance in business activities and strategies

Collaboration & Communication:

Communicate openly, and develop strong and effective internal business partnerships and drive regulatory compliance matters by providing accurate and timely advice and counsel.

Enable and Inspire:

Ensure understanding of business strategy through ongoing dialogue to identify potential or emerging risks and proactively address them so as to avoid unnecessary exposure or delays to implementation of strategic plans.

Excel with Partners:

Respond to queries and questions on the Compliance Program, Code of Business Conduct and Ethics and company Policies from the business, support functions, other control groups.
Provide support to regulators, Clients and partners on the Visa Compliance Program and requirements of Visa Rules.

Act Decisively:

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. The AML/ATF component is a significant portion of the position’s overall responsibilities.
Review, assessment and pre-approval of gifts, travel and entertainment, events and related contracts and transparency agreements, as well as assessment of the proper designation of State-Owned Entities and Covered Government Officials
Regional oversight of other Compliance Programs including Business Conduct and Ethics, Conflicts of Interest, Prevention of Insider Trading, Data Privacy and Information Security Programs.

Risk Assessment:

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.

Control Environment....More details here ==>>>http://www.currentschoolnews.com/job/visa-incorporated-recruitment-for-graduates/