Risk Management Director

4 days ago


San Francisco California, United States Visa Full time
Job Description

The Product and Payment Services Risk team at Visa plays a crucial role in identifying, assessing, and preparing for any risks that may impact Visa's objectives. As the Risk Management Director, you will be responsible for cultivating a strong risk management culture within Visa's product and business units.

This individual must be able to effectively aggregate and communicate the main enterprise risks of the Visa Business Solutions Business Unit. The successful candidate will be regarded as a trusted business partner, leveraging risk, payment product, and business expertise to drive informed decision-making.

Key Responsibilities:

  • Develop partnerships with First Line of Defense to identify, mitigate, monitor, and report on risks impacting their business and product lines.
  • Actively monitor and report on business and product line risk profiles, highlighting risks that warrant most attention, including providing executive risk reporting to Senior Management.
  • Provide insight and monitoring improvements on the control environments.
  • Drive and embed risk culture throughout the product organization to further evolve Product Risk oversight at Visa.
  • Work closely with Visa Risk Centers of Excellence to design and implement appropriate Risk programs commensurate with risk profile and Visa Risk Appetite.
  • Monitor the risk profiles of First Line (Product or Business Unit Leader) area of responsibility and drive reporting to applicable governance committees through the establishment, maintenance, and monitoring of Key Risk Indicators (KRIs).
  • Ensure appropriate alignment with other Policies, Frameworks, Processes, and Procedures.
  • Work seamlessly with a wide group of internal customers in a way that engenders mutual respect and consideration for the other party's point of view.
  • Ensure appropriate escalation and decision-making of business decisions where there is disparity of views across Visa Functions and the Product and Business Unit.
  • Work with product partners to understand the product roadmap and pipeline to identify initiatives that should be channeled through the New Business Initiative Assessment (NBIA) process.
  • Provide guidance to initiative owners by bringing key Visa risk, product, payment, and technical expertise throughout the Product Lifecycle.
  • Implement best practices, training, and education for business partners and risk coworkers on the effective development and management of business risks with First Line Business Risk Champions.
  • Identify and implement areas of improvement to drive operational excellence and deepen a more robust risk mindset with business partners.

This is a hybrid position, and employees in hybrid roles are expected to work from the office 2-3 set days a week, with a general guidepost of being in the office 50% or more of the time based on business needs.



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