Director, AML Compliance

Director, AML Compliance – Sydney

Are you interested in being part of a cutting-edge compliance team? Would you like to work for a global company in Money Transfer that believes when money moves, better things can happen? Join Western Union as Director, AML Compliance.

Western Union powers your pursuit.

As the Regional Compliance Director, you will be responsible:

Role Responsibilities

• To lead the provision of compliance and regulatory advice and guidance to the Business teams in line with enterprise and local policies and procedures and regulatory requirements.
• To work with the internal stakeholders to provide pro-active compliance and regulatory advice in relation to the assessment of new business and the reassessment of existing business. This includes ad hoc advice and guidance on compliance and regulatory matters.
• To develop and execute the Compliance Program across the Oceania and Philippines region.
• To follow regulatory trends, keep track of changes to laws and regulations relevant to the country including but not limited to, AML and Sanctions laws, and ensure these are incorporated in the Compliance Policies and Procedures and the Compliance controls.
• To communicate and provide guidance to the business on changes to policies and relevant upcoming regulatory or legal changes.
• To oversee, manage and respond to ad hoc queries from key stakeholders, including the regulator, the Risk & Compliance leadership team and the CLS BU leads.
• To collate and analyze management information and develop and deliver Compliance reports to relevant stakeholders including the local country and regional leadership and Global Compliance as required from time to time.
• To support the VP, Head of Compliance for APAC to engage in wider projects from a Compliance perspective.
• To ensure all allocated tasks are proactively managed to resolution.
• To be an expert in the allocated field of responsibilities, being able to provide advice and technical input as required to both client teams and operations staff.
• To establish and maintain good relationships with all internal stakeholders offering guidance and development when required and assist in any training needs.
• To collaborate and support the APAC Compliance team’s work planning, set objectives, and manage deliverables and performance

Role Requirements

• Degree holder with 10 years of experience in complex retail/consumer financial services/payment services organizations with multiple financial products, or a regulatory agency or law firm involving payment services compliance issues relating to anti-money laundering acts and related laws/regulations.  Requires strong experience interacting with senior management or regulatory agencies and the ability to work autonomously.
• Minimum of 5 years’ experience in a management/supervisory position with multiple direct reports.
• Exposure to working in in any of the following: anti-money laundering compliance, general compliance and/or risk-based compliance, yielding a comprehensive understanding of technology and best practices in the compliance field and familiar with regulatory compliance in Asia Pacific.
• Ability to work independently in enhancing, creating and implementing policies but collaborative and considerate to work in regional jurisdictions in Asia Pacific.
• Excellent interpersonal skills and the ability to comfortably interact with people at all levels of the organization, including executive management, and in an international environment
• Diplomatic sensitivity and ability to manage multiple stakeholders.
• Legal background would be an advantage.
• Proven track record of complex problem solving and decision-making ability.  Ability to build and enforce programs and policies with the intent of meeting local regulatory requirements and global minimum standards.  Strong analytical skills.
• Effective leader and team player.  Must be a strong, decisive, bottom-line and action-oriented manager of people and projects, who can obtain results.  Effective communicator, orally and in writing.
• High mobility – willing to travel and open for relocation

We make financial services accessible to humans everywhere. Join us for what’s next.

Western Union is positioned to become the world’s most accessible financial services company —transforming lives and communities. We’re a diverse and passionate customer-centric team of over 8,000 employees serving 200 countries and territories, reaching customers and receivers around the globe. More than moving money, we design easy-to-use products and services for our digital and physical financial ecosystem that help our customers move forward.

Just as we help our global customers prosper, we support our employees in achieving their professional aspirations. You’ll have plenty of opportunities to learn new skills and build a career, as well as receive a great compensation package. If you’re ready to help drive the future of financial services, it’s time for Western Union. Learn more about our purpose and people at https://careers.westernunion.com/.

Benefits

You will also have access to short-term incentives, accident and life insurance, and access to best-in-class development platforms, to name a few (https://careers.westernunion.com/global-benefits/). Please see the location-specific benefits below and note that your Recruiter may share additional role-specific benefits during your interview process or in an offer of employment.

Your Australia specific benefits include:

• Life / Accident Coverage
• Superannuation Plan
• Paid Time Offs
• Employee Wellness
• Global Recognition and Rewards Programs

We are passionate about diversity. Our commitment is to provide an inclusive culture that celebrates the unique backgrounds and perspectives of our global teams while reflecting the communities we serve. We do not discriminate based on race, color, national origin, religion, political affiliation, sex (including pregnancy), sexual orientation, gender identity, age, disability, marital status, or veteran status. The company will provide accommodation to applicants, including those with disabilities, during the recruitment process, following applicable laws.

#LI-ES1

Estimated Job Posting End Date:

11-29-2024

This application window is a good-faith estimate of the time that this posting will remain open. This posting will be promptly updated if the deadline is extended or the role is filled.