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Risk Management Specialist

2 months ago


San Francisco, California, United States Visa Full time
Job Description

Job Summary:

We are seeking a highly skilled Risk Management Specialist to join our team at Visa. As a Risk Management Specialist, you will play a critical role in supporting the overall design and deployment of the Acquirer Control processes as defined in the Visa Integrity Risk Program.

Key Responsibilities:

  • Underwriting and Assessment: Perform review of the Global Gambling Acquirer underwriting / assessment of the effectiveness of controls Acquirers have in place to onboard and manage merchants covered under Visa's Integrity Risk Program.
  • Risk-Based Assessment: Perform periodic risk-based assessment of Acquirers covered under Visa's Integrity Risk program, with ongoing monitoring.
  • Audit and Compliance: Assist in conducting on-site Acquirer Audits, or coordinate Audits through 3rd parties.
  • Closing Monitoring: Support Visa's Close Monitoring process and coordinate risk and threat management actions vis-a-vis ecosystem participants posing an excessive risk or potential threat — exceeding Visa's stated risk tolerance.
  • Collaboration and Communication: Engage with MSA and Account Executives to share intelligence, assess mitigating actions, and ensure clear accountability across functions and/or individuals to drive a consistent and timely remediation approach.
  • Program Management: Working closely with the Visa Integrity Risk Program Management Office, perform periodic industry reviews of high-risk activities, and recommend program changes to ensure continuous program effectiveness.

Requirements:

  • Education and Experience: 5 or more years of relevant work experience with a bachelor's degree or at least 2 years of work experience with an Advanced degree (e.g. Masters, MBA, JD, MD) or 0 years of work experience with a PhD.
  • Preferred Qualifications: 6 or more years of work experience with a Bachelor's Degree or 4 or more years of relevant experience with an Advanced Degree (e.g. Masters, MBA, JD, MD) or up to 3 years of relevant experience with a PhD.
  • Industry Experience: Visa or Payments industry experience, with focus on Acquirer risk management (including merchant underwriting) and/or financial industry experience with focus on client underwriting.
  • Skills and Abilities: Relationship/Client management experience, Knowledge or experience in audit or underwriting, Flexible and creative thinker with strong execution skills.

Work Environment:

This is a hybrid position. Hybrid employees can alternate time between both remote and office. Employees in hybrid roles are expected to work from the office two days a week, Tuesdays and Wednesdays with a general guidepost of being in the office 50% of the time based on business needs.

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.

Compensation and Benefits: The estimated salary range for a new hire into this position is 118,500.00 to 171,750.00 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.