Analyst - Third Party Risk Management

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

This is a fulltime position at Visa for Visa’s Third-Party Lifecycle Management team.  The Analyst, Third Party Risk Program, will complete third-party risk assessments for acquired entities, support change management, validate supplier arrangements to ensure program and regulatory compliance expectations. This role involves partnering with key stakeholders to ensure effective risk management, regulatory compliance, and continuous improvement across the organization. In this role, you are expected to:

Complete End-to-End Third-Party Risk Assessments:

• Execute end to end third party reviews across various business portfolios.
• Collaborate with internal stakeholders and business partners to walk them through third-party risk assessment process.
• Periodically report on supplier risk profiles to various internal business stakeholders.
• Triage TLMP assessments to various team members based on volume and portfolio owner assignment.
• Regularly report key risk metrics to senior leadership and stakeholders.

Support Change Management

•    Drive organizational change initiatives to improve third party risk management practices.
•    Develop and execute change management strategies to ensure successful adoption of new processes and technologies.
•    Provide training and support to stakeholders to facilitate change.

3Support TLMP Acquired Entity Supplier Onboarding:

• Collaborate with Acquired Entity stakeholders to onboard their supplier portfolio.
• Connect with various Acquired Entity stakeholders to train appropriately on onboarding and assessment process.
• Triage AE assessment volume to appropriate assessors.
• Maintain regulatory compliance dependent on Acquired Entity location.

Key Competencies:

• Third Party Risk Assessment Experience
• Strategic Thinking
• Problem Solving
• Leadership and Team Management
• Communication and Negotiation
• Analytical Skills
• Project Management

This is a hybrid position. Expectation of days in office will be confirmed by your Hiring Manager.

Qualifications

Basic Qualifications:

• 2 years of relevant work experience with a Bachelor's Degree or 0 years of relevant work experience with an Advanced degree (e.g. Masters/MBA/JD/MD/PhD)  

Preferred Qualifications:

• 3 or more years of work experience with a Bachelor’s Degree or more than 2 years of work experience with an Advanced Degree (e.g. Masters, MBA, JD, MD)
• 3+ years of experience executing third party risk programs, information security programs and/or audit program working with supplier or vendor risk assessments.
• Demonstrated ability to communicate complex issues in a clear, concise and impactful way – turning research and raw data into hard numbers into compelling stories and useful strategic insights to a variety of stakeholders.
• Working understanding of Global third party regulations. A deep understanding of OCC, EBA, DORA and FCA regulations is preferred.
• Working experience with GRC tools and system maintenance and improvement.
• Strong attention to detail and achieving results, with an emphasis on how work is being accomplished.
• General understanding of contract terms and conditions.
• Professional accreditation in risk management.
• Proficiency in Financial Systems (Ariba, Aravo, Oracle, Coupa, IBM).

Additional Information

Work Hours: Varies upon the needs of the department.

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 or