SVP, Chief Ethics & Compliance Officer

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.

The Senior Vice President and Chief Compliance Officer (CCO) leads Visa's compliance initiatives across more than 200 countries. This role is crucial in maintaining Visa's esteemed reputation in the payments industry, overseeing compliance for over 17,000 institutional clients, and managing trillions of dollars in payment volume annually. Visa's global operations, which span a diverse array of product lines, continue to grow in complexity and regulatory demands.

The CCO reports directly to Visa's EVP, General Counsel, and directly manages and develops a team of over 275 FTE in 30 offices around the world. The CCO will lead a program recognized by the Ethisphere Institute as one of the "World's Most Ethical Companies" for the last 12 consecutive years. The CCO is a trusted business partner who is expected to understand the business's strategy, be responsive to changing business needs, and communicate effectively the company's key risks and mitigating actions to senior management and key governance forums.

Core Responsibilities:

• Responsible for managing the overall Regulatory Compliance function for all of Visa's entities globally as well as over a dozen specific Compliance Program areas including Anti-Money Laundering (AML), Sanctions, Anti-Bribery, Conflicts of Interest, and the Visa Code of Business Conduct and Ethics, as the primary advisor and second line of defense for business and functions.
• Ensure all Visa entities meet their regulatory obligations, including those holding regulatory licenses and other specific regulatory obligations.
• Lead all AML and Sanctions matters with regulators, in collaborationwith Legal and the Government Engagement function.
• Manages Visa's Client Due Diligence Center and Financial Intelligence Analytics Center on activities including additional and enhanced due diligence of prospective and existing clients and partners.
• Manages Visa's AML and Sanctions technology systems and transaction monitoring program.
• Oversees Visa's Business Conduct Office, which is responsible for intake, investigation and resolution of allegations of employee misconduct and potential violations of Visa policy and applicable laws.
• Oversees Compliance Risk Management, including policies and procedures, risk assessment, monitoring and testing, metrics and governance. Evolve Visa's Compliance Program as Visa innovates and expands into new areas of payment and financial services.
• Enhances Visa's world class ethical culture through Compliance communications and training, and performance scorecards measuring business leader execution of agreed upon Compliance responsibilities throughout the year.
• Review of significant business strategies, activities and merger and acquisition transactions, assessment of regulatory Compliance risk and development and execution of risk mitigation action at regional, country, program and product level.
• Meet with global regulators and demonstrate a deep understanding of both evolving regulations and Visa's program to comply with same.

Basic Qualifications:

* 15 years of work experience with a Bachelor's Degree,12 years of work experience with an Advanced degree (e.g. Masters/MBA/JD/MD) or a minimum of 10 years of work experience with a PhD

Preferred Qualifications:

* Bachelor's degree minimum, higher education qualifications (in particular, J.D.) preferred

* Professional AML/ATF accreditation preferred

* ICA Diploma in Governance, Risk & Compliance or similar qualification preferred

* 20+ years of progressive experience in management of compliance programs and controls within the financial services industry, with a preference for bank and Money Service Business regulatory experience

* Deep knowledge of payments industry products, emerging products, regulations and related trends with an expertise in AML and sanctions preferred

* Significant operational experience with Compliance tools, technical systems, and infrastructure with a proven ability to build new capabilities and use new methods, tools, and technologies (including AI) to evolve the program.

* Outstanding people management, strategic planning, and leadership experience and demonstrable ability to inspire large groups of remote location/global employees

* Significant experience in partnering with senior executives, Board and regional business leaders

* Experience interacting directly with regulators, particularly in the financial services industry and for the U.S.

* Experience in managing global, diverse teams and matrix reporting lines

* Intuitive, highly ethical and comfortable to question and challenge, including ability to "speak truth to power" and assert independence without being antagonistic

* Highly collaborative and inclusive personal style. Visa has a consensus and matrix, not a top-down management culture where 50% of performance is based on "What" one achieves, and 50% is based on "How" one achieves it

* Ability to manage a diverse, changing, short fuse and challenging workload, often across time zones and involving different cultural contexts, and able to triage and execute on priorities with minimal supervision

* Some travel (at least 20% of time) and ongoing unconventional business hours (conference calls, video calls and web-based meetings with other global time zones) will be required

* Excellent analytical and data analysis skills including use of MS Office systems including Word, Excel, Power Point, and other applications

* Outstanding and professional written, presentation and communication skills

Work Hours: Varies upon the needs of the department.

Travel Requirements: This position requires travel5-10% 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 325,000to 515,000 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.