Compliance Business Leader Job in SA

Compliance Business Leader Job

Date: Oct 4, 2013

Location: Johannesburg, Gauteng, ZA

Description:

Compliance Business Leader

Location: South Africa-Gauteng-Johannesburg
Organization: Risk
Job: Risk Management
Job Number :132797

Description

Visa Inc. is a global payments technology company that connects consumers, businesses, financial institutions and governments in more than 200 countries and territories, enabling them to use digital currency instead of cash and checks.

Visa does not issue cards, extend credit or set rates and fees for consumers. Visa’s innovations enable its bank customers to offer consumers choices: Pay now with debit, ahead of time with prepaid or later with credit products. From the world’s major cities to remote areas without banks, people are increasingly relying on digital currency along with mobile technology to use their money anytime, make purchases online, transfer funds and access basic financial services. All of which makes their lives easier and helps grow economies.

Behind the Visa brand are our talented employees who continuously raise the bar with innovative solutions and products that deliver the convenience and security of digital currency to more people all over the world.

Position Summary
- To support the Global Compliance activities in assigned South Asia markets
- Specifically the jobholder will be responsible for providing a wide range of advice and guidance to the South-Asia based employees on Compliance Policy related matters and must be the subject-matter expert for those policies. The jobholder will also be responsible for providing reporting of Compliance issues in the region to the Regional and Global Geo Compliance Leaders, to Country Managers and Group Country Managers as well as global senior management.
- The job holder will report and raise issues from these activities through the various reporting mechanisms in place.

Responsibilities
- Provide oversight and guidance in policy implementation and in regional execution of global Compliance Policy requirements (including, but not limited to Anti-Bribery, Data Security, Competitive Intelligence and Code of Ethics)
- Provide support to country offices assigned in the geography. This includes planning, implementation and reporting on country office visits to enhance Compliance awareness, proving subject matter expertise on Compliance Policy requirements and guidance on policy interpretation, and developing tools for easier adherence to controls in the normal course of the day-to-day business.
- Assist in the development and execution of Anti-Bribery controls. In particular, provide support for mechanisms to identify risks and assist in examining activities to validate policy requirements compliance (notably GTE and VIK policies and procedures)
- Assist in the development, preparation and review of validation procedures and reports. Specifically, providing support to both the Global Policy owners and the relevant Compliance Liaisons
- Assist Investigations into instances of Policy non-compliance as instructed by the Regional Geo Compliance Leader. As required, report the facts from such investigations to the Compliance Resolution Committee or Working Group.
- Participate in and review risk assessment exercises in support of validation activities
- Review validation documentation to obtain assurance of compliance; provide own perspective based on experience
- Maintain knowledge and comprehensive understanding of relevant regulations and current interpretations affecting Visa
- Drive cross-functional support to ensure Compliance policies are implemented efficiently and effectively, with minimal impact to business goals
- Provide training and awareness to the business on Compliance Policy requirements, including responding to a wide variety of policy-related questions
- Maintain quality documentation of the compliance activities, questions and responses to ensure Compliance program can be monitored for effectiveness
- Provide value-add service to the business driving whilst maintain the control environment
- Ensure compliance pre-approvals and approvals occur for all Events (Visa Client Counsel, ticketing for marketing events such as Olympics)
- Other assignments as determined by the management team

Qualifications

Experience

Professional
- Bachelor Degree required; MBA preferred
- 6-10 years of relevant working experience in compliance and governance arena required; expertise in Anti-Bribery and handling of CGO/SOE preferred.
- Payments / Financial industry experience preferred.

Technical
- Knowledge of AP (specifically South Asia) country legal and regulatory requirements
- Monitoring experience a plus
- Understanding / Knowledge of SSAE16, PCI-DSS, FCPA, OFAC, as well as BCO (investigation) processes preferred

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