Director Risk Business Partner Issuing Solutions

The Product and Payment Services Risk (PPSR) organization at Visa oversees Visas strategic pillars and underlying business units (e.g. Issuing Solutions Acceptance Solutions Risk and Identity Solutions Visa Consulting and Analytics) and is focused on product builds pipeline and portfolio execution and tackling risks inherent in each area. The Risk Business Partner (RBP) Issuing Solutions is responsible for managing and continually improving Issuing Solutions risk management capability and risk profile including Pismo working with product teams to mature risk management capabilities across the 1st line of defence. The successful candidate will manage a direct report and will be responsible for embedding their team within the business units to help identify assess monitor potential risks and strengthen key controls across multiple teams. The role significantly impacts the business unit and company as this individual must be able to effectively aggregate and communicate Issuing Solutions main risks to Visas Senior Management.

The RBP will provide constructive challenge to first line functions where appropriate and make recommendations to Senior Management on controls or other actions required to drive risk mitigation and reduce exposure. The individual will be regarded as a trusted business partner that can consult executive management to make key risk decisions leveraging the expertise business teams other risk management teams and cross functional subject matter experts. The candidate is to be viewed by the organization as knowledgeable capable competent and an agent for change.

The RBP provides oversight to business teams and cross functional stakeholders (e.g. Client Services Finance Legal and Technology) to execute on risk management related to products services and operations consistent with Visas Risk Management Frameworks and Risk Appetite. This will include appropriate roll out of Visas First and Second line control programs across the business. This role requires practical & strategic understanding of the payments industry business environment and demonstrated experience assessing risks associated with business imperative / strategies. This individual must work collaboratively with cross functional and geographically diverse teams to execute against a common goal of protecting the enterprise.

Candidate will be responsible for :

• Leading a team of one to link Visa risk appetite and Issuing Solutions (incl. Pismo) strategic objectives by supporting the identification of risks & mitigation activity providing effective oversight to and partnering with the first line business functions to ensure appropriate mitigation is applied to reduce risk exposure to within tolerance and in adherence to Visas risk appetite.
• Develop and maintain partnerships with the business and cross functional partners to educate and embed Lifecycle Risk Management Practices and infuse Risk Management culture into the organization including developing maintaining and continually maturing the capabilities of a network of Risk Champions within the 1st line of defense.
• Driving compliance with key risk programs (incl. NBIA RCSA TLMP MRM ViDA) attend product roadmap reviews to assess and identify potential New Business Initiative Assessments (NBIA) partner with initiative owner to instill cycle time discipline and rigor within the process.
• Develop a bottom up (e.g. Key NBIAs operational risk themes) and top down (key risks from senior leadership) view on risks which then feed into quarterly Risk Profiles and leadership discussions for the business unit.
• Lead efforts in supporting the execution of strategically important change initiatives driving enabling and continuously improving resiliency and controls effectiveness.
• Monitoring the effectiveness of risk management to ensure mitigating measures are effective in protecting the business and the wider Visa enterprise through monitoring risk (e.g. overseeing risk registers driving the  development of measurement systems) and working with the broader Visa Global Risk and other functional centers of excellence to ensure appropriate incorporation into first and second line control programs.
• Drive updates to leadership regulators and other external parties on risk management activities for the business including supporting Issuing Solutions during Internal Audit engagements.

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 23 set days a week (determined by leadership / site) with a general guidepost of being in the office 50% or more of the time based on business needs.

Qualifications : Basic Qualifications

Preferred Qualifications

Additional Information :

Work Hours : Varies upon the needs of the department.

Travel Requirements : This position requires travel 510% 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 to $137300 to $234200 USD per year which may include potential sales incentive payments (if applicable). Salary may vary depending on jobrelated 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.

Remote Work : Employment Type :

Fulltime

Key Skills

Marketing & Sales,Business Administration,Bid,Instrumentation & Control,HACCP

Vacancy : 1

Salary : $137,300 - $234,200