Compliance NEW YORK, New York, USA

Chief Compliance Officer

Company Intro

Booking Holdings (NASDAQ: BKNG) is the world leader in online travel and related services, provided to customers and partners in over 220 countries and territories through six primary consumer-facing brands – Booking.com, KAYAK, priceline, agoda.com, Rentalcars.com, and OpenTable. The mission of Booking Holdings is to make it easier for everyone to experience the world. During 2019, the Company had consolidated revenues and net income of $15.1 billion and $4.9 billion, respectively, and a current market value of approximately $60 billion.

As part of the firm's ongoing development a new initiative, Booking Holdings Financial Services (BHFS) is established.  It is intended that BHFS-USA will provide certain financial services to Bookers and Partner customers using the online platforms within the BKNG portfolio of brands.

Job Overview

BHFS-USA  is  looking for an experienced Chief Compliance Officer  with hands-on experience in advising and supporting the firm's global aspirations and business practices. This new role will be a critical business partner helping to deliver a world-class payments and financial service operation to support BKNG’s, global travel brands.

This role will engage and communicate effectively with colleagues, executive management and staff at BKNG, BHFS and affiliate brands. 

You will foster a culture of respect, inclusiveness and will champion the values of BKNG in all aspects of your work.   As a member of the BHFS-USA leadership team and BHI Global Compliance team you will support, advise and work within a collaborative way to help enable secure and responsible business growth in the USA.

Collectively, the BHFS-USA management team is responsible for the preparation, execution, monitoring and evaluation of decisions of the board. The Global Compliance Leadership Team is responsible for ensuring that BHI and the brands (including BHFS) compliance programs are designed, implemented and operating effectively in line with the Compliance and Ethics Charter.

You will support a dynamic organization of executives and professionals who are responsible for bringing products to life across BKNG’s portfolio of brands, and making an impact on millions of travellers per day.

The role demands an individual with deep experience in specific relevant areas of financial compliance and regulation in payments and money transmission. This opportunity represents an exceptional chance to embed yourself with one of the world’s most exciting organisations and help define the future for accessing travel experiences across the world.

Responsibilities and Duties

  • Reporting to the CEO of BHFS-USA with a matrix reporting line to the BHI Global Compliance and Ethics Officer, you will be responsible for advising on BHFS-USA policy matters related to compliance under the umbrella of the BHI family of Brands.   You will, as required, work directly with Senior Management and key stakeholders across the business.

  • You will have a good understanding of legal principles applicable to payments and risk, including the payments ecosystem (e.g., the role of acquiring and issuing banks, card networks, payment processors, gateways, risk vendors, etc.), regulatory implications (e.g., stored value, money transmission, other payments, cross-border and regulatory matters) and consumer protection laws.

  • You will provide assurance to senior management and the Board that there are effective and efficient policies and procedures in place, well understood and respected by all employees, and that the company is complying with all regulatory requirements.

  • You will share strategic leadership responsibilities with the Management team and ensure the compliance function supports the business at a strategic and operational level.

  • You will engage and communicate effectively with colleagues, customers, suppliers, regulators, and other internal and external stakeholders.

  • You will lead and deliver projects as required to support the set up and implementation of the BHFS strategy in the United States of America.

  • You will develop strong relationships with relevant regulatory bodies.

  • Identifying and acting upon regulatory changes in the US and the corresponding compliance risks, priorities and issues.

  • Meeting all regulatory reporting obligations in the USA;

Qualifications

  • Significant experience in senior management and proven experience in Compliance at regulated Financial Institutions or equivalent.

  • Significant years of experience in performing compliance for a money transmitter or bank consistent with the proposed activities of the applicant.

  • Demonstrated that he or she has undertaken acceptable and current training on topics directly related to the activities and business of the money transmitter and his/her function as a compliance officer.

  • Demonstrated experience in scaling a business in a dynamic environment, e.g. in a fintech environment.

  • Deep knowledge of payment products such as e-money wallets and other payments services.

  • Affinity with the travel industry.

  • Significant experience working in cross functional teams and in complex programs and projects.

  • Deep knowledge of AML/KYC, Transaction Monitoring and Sanctions Screening practice.

  • Academic degree or equivalent level demonstrated in relevant work experience.

  • Knowledge of payments sector / regulated financial services sector.

  • Knowledge of business development and implementing corporate strategy.

  • Visionary leadership.

  • Strategic thinking.

  • Coaching capacities.

  • Commercial skills.

  • Entrepreneurial mind-set.

  • Outstanding organizational and leadership skills.

  • Balanced decision-making.

  • Excellent communication skills.

  • Ability to drive change and win hearts and minds.

  • Creative thinker with strong problem-solving skills and the ability to thrive in a fast-paced environment, handle multiple assignments simultaneously and effectively manage conflicting priorities.

  • Excellent writing, communication, verbal and written, and organizational skills.

  • Eager to learn new technologies and ideas. Comfortable navigating complicated and nuanced issues.

  • Great interpersonal skills and ability to work well in a fast paced team environment.

About BKNG

Booking Holdings is the world leader in online travel & related services. Our teams work around the clock to build and improve the technology that empowers people to more freely travel across borders, time zones, languages and cultures. At Booking Holdings, we make it easier for everyone to experience the world every day through seamless technology powered by our six major brands:

  • Booking.com

  • KAYAK

  • priceline

  • agoda

  • Rentalcars.com

  • OpenTable

Through the Booking Holdings brands, we help our customers reach all corners of the earth. Our ability to provide great service rests on how well we understand our diverse customer base, which is why having a diverse team is so important to us. We bring together employees from all walks of life and we are proud to provide the kind of inclusive environment that stimulates innovation, creativity and collaboration.

EEO Statement:

Booking Holdings is an equal opportunity employer in accordance with all applicable federal, state and local laws. We ensure equal employment opportunity to all employees and applicants without discrimination or harassment based on race, religious creed, color, age, sex, sexual orientation, gender identity, national origin, religion, marital status, medical condition, disability, military service, pregnancy, childbirth and related medical conditions, or any other classification protected by federal, state, or local law.

Booking Holdings also extends this policy to every phase of the employment process including, but not limited to, recruitment, selection, placement, transfer, training and development, position elimination, restructure, promotion, compensation, benefits, layoffs, termination, and all other conditions or privileges of employment. Booking Holdings and its Affiliated Companies are Equal Employment Opportunity employers and welcome all job seekers including individuals with disabilities and veterans with disabilities. If you have a disability and believe you need reasonable accommodation in order to search for a job opening or apply for a position, please email reasonableaccommodation@bookingholdings.com with your request. M/F/V/D/SO 

Our Brands