Visa is looking for a Financial Crime Analyst based in Pasay, Philippines to be part of Currencycloud’s Asia Pacific (APAC) New Business Onboarding team. Currencycloud is part of Visa Group entities and covers Visa’s regulated payment business within Money Movement Solutions (MMS) in APAC. Currencycloud is also consolidated under Visa Direct which streamlines all of Visa’s cross border payments under one unified branding. The Currencycloud APAC New Business Onboarding team is an essential partner to the MMS business. The team provides solutions-oriented advice to ensure timely client onboarding, address stakeholder queries promptly, complete tasks within Service Level Agreements (SLA), and perform all duties to a high standard.
What a Financial Crime Analyst does at Visa:
This role supports the Currencycloud APAC New Business Onboarding Manager in Singapore with new client onboarding. It reports to the APAC New Business Onboarding Manager and is part of Visa’s expansion in the region.
The core responsibilities for this role are as follows:
Responsible for new business onboarding applications for Financial Institutions, Payment Institutions and Corporates in a myriad of industries and jurisdictions
Carrying out know-your-customer (KYC) and Know-your-business (KYB) checks.
Reviewing client’s regulatory cover
Performing Risk Assessment on new clients
Assessing the effectiveness of each client’s AML framework
Leading AML calls with clients including visual walkthroughs of their processes and systems
Responsible for undertaking enhanced due diligence on customers that pose greater risks, including investigating the legitimacy of the funds used in the business relationship
Proactively escalating cases to senior members of the team
Complete Compliance administration (such as keeping client records up to date).
Work cross-departmentally to proactively identify and resolve any queries.
This is a hybrid position. Hybrid employees can alternate time between both remote and office. Employees in hybrid roles are expected to work from the office 2-3 set days a week (determined by leadership/site), with a general guidepost of being in the office 50% or more of the time based on business needs.
