Director, Compliance- Controlled Functions

at  Western Union

Director, Compliance- Controlled functions role in Vienna, Austria
Are you an experienced compliance leader within the financial services space? Are you staying up to date on regulatory changes and ensure compliance within the evolving regulatory landscape? Join Western Union as a Compliance Director in Vienna, Austria.
Western Union powers your pursuit.
We’re a company that moves money around the world quickly and reliably in 200 countries and territories. We are also present in over 510,000 locations, bringing immense distribution convenience to our consumers. But we’re on the cusp of becoming much more than that. Our vision is to be the preferred financial services provider for the underserved – billions of people and businesses with unmet financial service needs. If you’re looking for a company on the move – and truly one of the most diverse work environments on the planet – then Western Union could be for you.
We’re seeking a dynamic and experienced Compliance Director to join our team in Vienna. This is a Controlled functions role.

Responsibilities:

• Directing and developing risk-based AML and general 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.
• Develop, implement and enforce policies, procedures, and programs to minimize potential regulatory and money laundering risk and is responsible for meeting the compliance requirements for assigned functions.
• Perform all duties inherent in a managerial role, including providing 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 others internal and external to the Compliance Department to drive for results in meeting local, regional and global compliance requirements.
• Manage high-level regulatory relationships across a region and may be required to ensure that proper agent and regulatory contacts and relationships are maintained
• Build necessary relationships with other department management, as well as external contacts to meet Compliance, including AML goals.

Requirements:
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6 + years of relevant experience in an FMA regulated retail/consumer financial services/payment services organizations with multiple financial products, or a regulatory agency or law firm involving payment services compliance issues

• 3+ years work experience in multi-national organization and/or multi-jurisdictional environments.
• Proven track record of complex problem solving and decision-making ability.
• 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.
• 5 years’ experience in a compliance management role focusing on anti-money laundering responsibilities.
• 5+ years’ experience in a management/supervisory position with multiple multi-jurisdictional direct reports preferred.
• Law or other graduate degree desirable.
• Substantive knowledge of applicable compliance issues and requirements;
• Substantive understanding of payments products, services, and operations.
• Strong knowledge of anti-money laundering regulations and regulatory developments
• Keeps abreast of changes in anti-money laundering and regulatory policies
• Effective leader for a diverse group of employee levels and job functions
• Able to manage a regionally diverse team Strong, decisive, bottom-line and action-oriented manager.
• Effective communicator on both an individual and group level, and both orally and written.
• Team player who works effectively with others to identify and resolve issues. Effectively motivates to achieve common goals.
• Shares information and keeps team members and supervisors informed.
• Strong strategic thinking and planning skills including
• Understanding of technology and best practices in the compliance field.
• Written and spoken fluency in English and German required.

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/.

Responsibilities:

• Directing and developing risk-based AML and general 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.
• Develop, implement and enforce policies, procedures, and programs to minimize potential regulatory and money laundering risk and is responsible for meeting the compliance requirements for assigned functions.
• Perform all duties inherent in a managerial role, including providing 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 others internal and external to the Compliance Department to drive for results in meeting local, regional and global compliance requirements.
• Manage high-level regulatory relationships across a region and may be required to ensure that proper agent and regulatory contacts and relationships are maintained
• Build necessary relationships with other department management, as well as external contacts to meet Compliance, including AML goals

You will also have access to short-term incentives, multiple health insurance options, 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 below benefits specific to your location and note that your recruiter may share additional role-specific benefits during your interview process or in an offer of employment.

• Comprehensive life & medical cover
• Contributory pension plan
• Luncheon vouchers
• Other partner discount