Trade Compliance Officer (Ofac And Doj)

Why Verifone

For more than 30 years Verifone has established a remarkable record of leadership in the electronic payment technology industry. Verifone has one of the leading electronic payment solutions brands and is one of the largest providers of electronic payment systems worldwide.

Verifone has a diverse, dynamic and fast paced work environment in which employees are focused on results and have opportunities to excel. We take pride in the fact that we work with leading retailers, merchants, banks, and third party partners to invent and deliver innovative payments solution around the world. We strive for excellence in our products and services, and are obsessed with customer happiness. Across the globe, Verifone employees are leading the payments industry through experience, innovation, and an ambitious spirit. Whether it's developing the next platform of secure payment systems or searching for new ways to bring electronic payments to new markets, the team at Verifone is dedicated to the success of our customers, partners and investors. It is this passion for innovation that drives each one of our employees for personal and professional success.

What's exciting about the role

Verifone is seeking a Trade Compliance Officer to join its Global Compliance team. The ideal candidate will have experience in trade and sanctions compliance, as well as governance involving the Department of Justice and the Securities and Exchange Commission. This individual should bring strategic oversight, be action-oriented, and demonstrate a strong drive to further build and shape Verifone's Compliance Program.

This role will work cross-functionally with stakeholders to strengthen the Global Compliance Program. Verifone is a well-established company, recognized for providing merchants worldwide with payment terminals, supported by a robust global operation and a strong presence in the payments industry.

This position reports directly to the Director of Compliance.

Key Responsibilities:

• Develop and implement a global compliance program with focus on Trade and Corporate crime prevention which complies with US and trade regulations applicable to the Verifone business, including Foreign Corrupt Practices Act (FCPA), sanctions, export controls, freight, customs duty
• Support Verifone to identify risks and mitigations within the global compliance program as well as other compliance activities.
• Provide compliance expertise, advocacy, and leadership guidance on sanctions and freight, customs duty and trade compliance.
• Training and educate stakeholders and performers on their roles and responsibilities under the compliance program
• Perform compliance risk assessments, analyze gaps and manage closing potential gaps on the current operations and develop assessments to roll out new initiatives.
• Prepare senior management reporting.
• Create and manage a repository for global compliance program documentation (i.e. export analysis requests, export license requests, Foreign Corrupt Practices Act analysis)
• Industry Trends & Advocacy - Responsibilities include monitoring industry trends and advising leadership on regulatory changes.
• Partner closely with internal teams-including Engineering, Operations, Supply Chain, and Legal-to ensure compliant import/export activities, sanction compliance, licensing, and documentation while enabling business growth.
• Determine export/import license requirements and submit license applications as needed for the Department of State, Department of Commerce, and Office of Foreign Asset Controls.
• Coordinate with Supply Chain on the import and export of items and materials ensuring compliance with any special handling requirements while maintaining efficient delivery timelines.

Requirements

• Licensed attorney with expertise in trade compliance.
• Minimum of 5 years of experience on US Trade & export control and Foreign Corrupt Practices Act compliance applied in an international environment (with focus on Asia).
• Possible prior engagement with government agencies like the Department of Justice, Office of Foreign Assets Control, US Customs and Border Protection or Bureau of Industry and Security.
• Experience with import and export of goods that are produced in international factories.
• Governance & strategic expertise.
• Proven Knowledge of and experience with laws and regulations in the financial sector.
• Highly analytical with attention to detail.
• Prior experience with implementing a Global Trade Compliance Program including drafting policies, procedures and implementation.
• Ability to prioritize and meet deadlines without sacrificing quality of work.
• Ability to work proactive, independently and collaboratively, depending on the situation.
• Leadership skills, negotiation skills, stakeholder management, and crisis response handling.
• Must have a strong understanding of global trade regulations, including the Export Administration Regulations, International Traffic in Arms Regulation, Foreign Corrupt Practices Act, Office of Foreign Assets Control sanctions, U.S. Customs and foreign trade control.
• Experience in requesting and managing a Bureau of Industry and Security license application is a plus.

Our commitment

Verifone is committed to creating a diverse environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status. Verifone is also committed to compliance with all fair employment practices regarding citizenship and immigration status.