SVP - Regional Risk Officer - LAC

Company Description

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.

Make an impact with a purpose-driven industry leader. Join us today and experience Life at Visa.

Job Description

The SVP, Regional Risk Officer Latin America and Caribbean (LAC) will be a senior leader within the Risk organization of Visa reporting to the Chief Risk Officer. He/she will provide leadership of risk initiatives for the Visa business across LAC and will ensure Visa maintains its positive reputation at the forefront of the payment industry by delivering on the long-term risk strategy.

The SVP will lead a broad portfolio of responsibilities including enterprise and strategic risk management for the business, credit settlement risk, franchise risk management, innovation risk, and ecosystem risks primarily fraud & data security across LAC. He/she will champion security across all participants in the Visa payments ecosystem and will be responsible for maintaining the integrity of that ecosystem within the region.

Key Accountabilities

• Play a significant role in defining the regional Risk strategy and leading regional initiatives in order to contribute to broader strategic goals by sitting in the regional leadership team

• Establishes and executes the enterprise risk program for LAC, including promotion of the three lines of defense model, execution of “2nd line of defense” oversight programs, and overall coordination of risk and control functions across the region

• Ensuring the “1st Line of defense” has an embedded risk management culture, with effective monitoring, analytical tools and appropriate training and support

• Maintains the integrity of the broader Visa payment system. This includes working with financial institutions, merchants, issuers, Fintech, payment facilitators, law enforcement, and regulatory authorities on initiatives to secure the payment system, reduce fraud, and eliminate illegal and brand damaging activities

• Leads responsible innovation initiatives within the region, including assisting clients to ensure they understand and mitigate the risks posed by new technologies, products, services and platforms

• Coordinates with the sales, product, consulting, and client support organizations to drive the adoption and effective use of Visa risk solutions and services by clients in the region, in order to maintain security, reduce fraud, and grow the Visa business

• Support country management team by keeping the country manager/business team informed about the health of the settlement exposure in the market and educating the country management team on risk programs in local markets and country risk assessments

• Manages data breaches and fraud attacks affecting clients in the region, including mitigating impacts, identifying causes and driving remediation, and overseeing communication with relevant stakeholders

• Drives Visa thought leadership on payment security, integrity, and fraud management across the region, including client and stakeholder communication, risk forums and security summits

• Serves as primary spokesperson and principal liaison with regulatory authorities within LAC on risk related matters and

• Maintains operational excellence within Risk and contributes to the development of innovative risk solutions that improve security and fraud control while delivering value to the Visa community.

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 2-3 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: ·

15 years of work experience with a Bachelor’s Degree, 12 years of work experience with an Advanced degree (e.g. Masters/MBA/JD/MD) or a minimum of 10 years of work experience with a PhD, Fluent in Spanish and/or Portuguese.

Preferred Qualifications:

· 20+ years of experience in Risk Management including significant experience in Risk Leadership positions at the C-Suite level.

· A deep understanding of the payments industry and financial services (particularly within the retail sector), payment products and services, an