Director Compliance – Vienna, Austria The Director Compliance is heading the Compliance department at Western Union International Bank (WUIB) with HQ in Vienna. In this role the Director Compliance serves as MLRO and Sanctions Officer and is responsible for composing and ensuring the regulated entity’s compliance with AML/CFT and Sanctions policies, based on regulatory requirements, reporting suspicious activity to law enforcement authorities, ensuring the institution’s senior management is informed of all compliance (including ML/TF and Sanctions) and advising the first line of defense on all compliance matters. In this regard, the Director Compliance is authorized to approve or disapprove the onboarding of customers and the continuation of existing customer relationships, including for customers associated with high-risk jurisdictions, PEP status or nexus to terrorist financing or sanctions risks.
The Director
Compliance has a direct line of communication and reporting to the WUIB Management Board and a functional one to Western Union's Head of AML Compliance for Europe and Africa.
Hybrid: 3 days at the office per week
Role Responsibilities
Directing and developing risk-based AML/CFT and Sanctions strategies and programs for assigned countries of Western Union Intl. Bank. 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, including reviewing and monitoring of their ongoing application, to ensure compliance with due diligence obligations for the prevention of sanctions, money laundering and terrorist financing risks. 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 strat...