Deputy Head of Compliance

vision is to transform lives with trusted financial services that transcend borders. Since 2011, we have been tirelessly delivering on our promises to people who send money around the world. Today, we are reimagining global financial services and building products that extend beyond traditional barriers to give customers access to more of the services they need, no matter where they call home. Join over 2,700 employees worldwide who are growing their careers with purpose and connection with our customers while having a positive impact on millions of people around the globe.
The team in Israel pushes forward and aims for the stars. We hire top talents and invest in promoting their career by providing opportunities, challenges, and a great work environment that places an important emphasis on work-life balance.
About the Role:

We are looking for a Deputy Head of Compliance who will join Israel's Compliance team. The team is dedicated to ensuring that all regulatory requirements are met and that compliance standards are maintained across all operations. You will report to the Head of Compliance of Israel.

You Will:
Lead efforts to develop and implement compliance policies and procedures to ensure adherence to local and international regulations.
Collaborate with cross-functional teams to conduct risk assessments and develop strategies to mitigate compliance risks.
Oversee and enhance monitoring and reporting systems to ensure ongoing compliance and address any potential issues proactively.
Manage the day-to-day operation of the AML/CFT and Sanctions function.
Be the point of contact to receive internal Suspicious Transaction/Activity Reports.
Prepare compliance reports for the Head of Compliance.
Conduct training and raise awareness of the compliance program.
Identify potential areas of compliance vulnerability, suggest action plans for resolution, and provide guidance to mitigate risk.
Monitor changes in applicable laws and regulations, providing guidance to the business for implementation.
Support the operationalization of the compliance framework, including the implementation of policies and procedures.
Assist the Head of Compliance in developing and executing the annual Compliance Policy, Plan, and Monitoring Program.
Address compliance breaches and audit findings once identified.
Ensure timely submission of all regulatory reports, returns, requests, business requirements, and notifications.
Support the wider Compliance Organization with ad-hoc projects and expansion plans.
Handle compliance-related escalations.
Conduct internal QA on our processes, database, and mon