Senior Manager, AML Compliance

at  Western Union

SENIOR MANAGER, AML COMPLIANCE- VIENNA, AUSTRIA

Are you passionate about combating financial crimes and ensuring regulatory compliance? Do you have a proven record of leading successfully AML compliance program? Are you staying up to date on compliance changes and ensuring compliance within the evolving regulatory landscape? If so, join Western Union as a Senior Manager, AML Compliance 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. We’re looking for a highly skilled and experienced Senior manager, AML Compliance, to oversee and lead our AML program.

RESPONSIBILITIES:

• Develop, implement, and maintain comprehensive AML compliance policies, procedures, and controls in accordance with applicable regulations and guidelines.
• Conduct ongoing risk assessments and reviews to identify potential areas of vulnerability and develop strategies to mitigate risks effectively.
• Lead and manage a team of AML compliance professionals, providing guidance, training, and support to ensure the team’s effectiveness and efficiency.
• Monitor and analyze transactional data to detect and investigate suspicious activities, filing Suspicious Activity Reports as required.
• Establish and maintain effective relationships with regulatory agencies, law enforcement, and other relevant stakeholders to facilitate collaboration and information sharing.
• Stay abreast of changes in AML laws, regulations, and emerging trends in financial crimes to ensure the organization’s compliance program remains up-to-date and effective.
• Prepare and present regular reports to senior management and the board of directors on the status of the AML compliance program, including key metrics, trends, and potential areas of concern.

RESPONSIBILITIES:

• Minimum 7 years of relevant 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, Bank Secrecy Act, and related state and federal money transmission laws and regulations.
• Minimum of 5 years of relevant experience in any of the following: Bank Secrecy Act, AML or Regulatory Compliance, general and/or risk based compliance, yielding a comprehensive understanding of technology and best practices in the compliance field. Project management experience/knowledge with ability to drive projects to successful completion.
• Can effectively apply working knowledge of Global AML/CFT regulations and standards, current money laundering and fraud schemes and investigative techniques to effectively identify and mitigate risk to Western Union.
• Minimum 2 years of relevant experience in a management/supervisory position with direct reports.
• Effectively manage and train staff providing leadership and action to complete projects on time.
• Previous internal audit experience and/or financial consulting experience desirable with professional certification in related disciplines preferred (CPA, CIA, and/or CAMS).
• Bachelor’s degree is preferred or previous experience working in a corporate environment.
• Must be able to perform independently and with minimal supervision and/or in a team environment when required.
• Strong organizational skills – must be multi-tasked oriented and able to balance pressure and deadlines with constantly changing priorities.
• Proven ability in fostering collaboration and alignment with key stakeholder; marshals the resources needed to get the work done.
• Strong interpersonal, analytical, problem-solving, influencing, prioritization, decision making and conflict resolution skills.
• Ability to interact and communicate effectively, orally & in writing, with all levels of management.
• Strong motivator who builds self confidence in others to achieve department goal

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