The Western Union Company is a NYSE-Traded Fortune 500 Company and a leader in global payment services, with a 160 year history of connecting friends, family and businesses around the world. With our roots in the telegram business, we were first to offer electronic money transfer services in 1871.
Western Union is the single largest player in a huge flow of resources - a transfer of billions of dollars every year that touches one sixth of the world's population. We're a force for economic growth, a mainstay for emerging nations, and a growing, profitable business. We offer the freedom to move money safely, quickly and in cash to virtually any place on the planet.
Senior Manager, Compliance
The key focus for the Compliance Manager is to recommend and develop the appropriate anti-money laundering compliance programs, maintain Western Union’s anti-money laundering compliance programs, planning, manage and function as the subject matter expert for ABMT for the APAC Compliance team and other projects which may be assigned by the supervisor from time to time.
Primary contact between the Company and regulating authorities of the Assigned Countries
Coordinate compliance efforts of the Company with those of its in-country agents
Develop and conduct due diligence and training programs for agents
Conduct on-going training programs for WU employees and agents
Coordinate with and assist international anti-money laundering organizations regarding compliance issues and regulatory initiatives
Develop compliance programs in response to new laws and regulations as well as new products and services
Report promptly to the supervising VP any actual or potential compliance problems which may affect customer suitability; pose reputational, regulatory, legal and other risks to WU; or expose WU to potential losses; and recommend suitable courses of action to address these risks
The ideal candidate will have tertiary qualifications with at least 5 years gained from a regulated financial insitution with experience in either compliance or internal control roles. Knowledge of anti-money laundering compliance and/or risk based compliance and best practices is a must as is a proven track record of complex problem-solving and decision-making ability, with excellent communication skills.
Why Join Us? Simple:
DRIVEN to perform
Be RESPONSIBLE for outcomes
Become a GAME-CHANGER