Visa is a world leader in payments and technology, with over 259 billion payments transactions flowing safely between consumers, merchants, financial institutions, and government entities in more than 200 countries and territories each year. Our mission is to connect the world through the most innovative, convenient, reliable, and secure payments network, enabling individuals, businesses, and economies to thrive while driven by a common purpose – to uplift everyone, everywhere by being the best way to pay and be paid.
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Job DescriptionThe Enterprise Risk Management organization at Visa maintains the enterprise risk framework along with each of its taxonomies and plays the role of risk business partner to all the corporate functions.
Visa is seeking a senior manager to support our second line of defense compliance and legal risk management team and work closely with the first line of defense.
Essential Functions
Candidate will be responsible for:
Manage risk and control self-assessment (RCSA) processes inclusive of control testing for Global Substantive Compliance Area (SCA) Programs and non-SCA by defining and executing the planning of risk assessment and mitigation strategies, as well as the control testing plan in conjunction with the compliance organization.
Drive stronger business outcomes by leveraging existing RCSA and deep dive materials.
Work with process owners to help identify risks and challenge the effectiveness of the controls.
Provide training to SCA program owners on the types of operational risks in support of RCSA program evolution, lead RCSA’s in support of newly acquired entities related to compliance and regulatory compliance.
Monitoring the risk profiles of certain compliance programs through Key Risk Indicators (KRIs) and other tools to assist management in the early identification of risks and trends.
Assisting the Director in building relationships with the compliance organization, understand the compliance organization’s key areas of focus which will help inform and direct the team’s efforts.
Applying risk management practices specifically as it relates to Enterprise and Operational Risk Management (e.g., risk appetite, risk assessment, scoring, mitigation, acceptance, control testing) and working with the 1st line to build their risk profiles.
Lead deep dives in partnership with the Director, as needed, to strengthen the control environment
Championing risk culture by developing & maintaining risk partnerships to educate & infuse Risk Management culture into the organization
Advanced experience with executing control testing
This is a hybrid position. Expectation of days in office will be confirmed by your hiring manager.
QualificationsBasic Qualifications
8 or more years of relevant work experience with a Bachelor Degree or at least 5 years of experience with an Advanced Degree (e.g. Masters, MBA, JD, MD) or 2 years of work experience with a PhD
Preferred Qualifications
9 or more years of relevant work experience with a Bachelor Degree or 7 or more relevant years of experience with an Advanced Degree (e.g. Masters, MBA, JD, MD) or 3 or more years of experience with a PhD
An understanding of the payments industry and/or financial services, payment products and services, and of wider economic / competitive landscape
Strong communication skills and ability to partner with key stakeholders.
Knowledge of legal and regulatory requirements for regulated entities and for payment card industry including but not limited to AML/Sanctions, Anti-Bribery, Privacy, Antitrust, FCPA, GLBA, and the ability to discern the practical application of legal and regulatory requirements
Significant experience in evaluating the Policies, Processes and Controls associated with complex business and operational processes
Proven ability to work with all organizational levels
Experience in applying risk management practices specifically as it relates to Enterprise and Operational Risk Management (e.g., risk appetite, risk assessment, scoring, mitigation, acceptance)
Proven analytical, process and problem-solving skills.
Ability to accomplish results in a large, global, matrix organization
Proficiency in MS Word, Excel, Access, PowerPoint
Knowledge, skill and understanding in applying risk management practices specifically as it relates to Enterprise and Operational Risk Management (e.g., risk appetite, risk assessment, scoring, mitigation, acceptance, control testing)
Ability to work with business partners to drive an end-to-end process view
Ability to analyze existing data to refine business processes and recommend process automation and improvements
Experience in leveraging GenAI in risk management
Experience with IBM OpenPages
Professional Certification within Risk and Compliance disciplines a plus.
Work Hours: Varies upon the needs of the department.
Travel Requirements: This position requires travel 5-10% of the time.
Mental/Physical Requirements: This position will be performed in an office setting. The position will require the incumbent to sit and stand at a desk, communicate in person and by telephone, frequently operate standard office equipment, such as telephones and computers.
Visa is an EEO Employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability or protected veteran status. Visa will also consider for employment qualified applicants with criminal histories in a manner consistent with EEOC guidelines and applicable local law.
Visa will consider for employment qualified applicants with criminal histories in a manner consistent with applicable local law, including the requirements of Article 49 of the San Francisco Police Code.
U.S. APPLICANTS ONLY: The estimated salary range for a new hire into this position is 120,900.00 to 175,400.00 USD per year, which may include potential sales incentive payments (if applicable). Salary may vary depending on job-related factors which may include knowledge, skills, experience, and location. In addition, this position may be eligible for bonus and equity. Visa has a comprehensive benefits package for which this position may be eligible that includes Medical, Dental, Vision, 401 (k), FSA/HSA, Life Insurance, Paid Time Off, and Wellness Program.