Sr. Manager, Risk Management

The 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

• 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.

Qualifications

Basic 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.