Director

Company Description

Visa is a world leader in digital payments, facilitating more than 215 billion payments transactions between consumers, merchants, financial institutions and government entities across 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.

When you join Visa, you join a culture of purpose and belonging – where your growth is priority, your identity is embraced, and the work you do matters. We believe that economies that include everyone everywhere, uplift everyone everywhere. Your work will have a direct impact on billions of people around the world – helping unlock financial access to enable the future of money movement.

Join Visa: A Network Working for Everyone.

Job Description

Position Summary 

Under the direction of and reporting to the VP - Internal Audit, the Director will be a key contributor to the Audit Strategy and Operations (ASO) function within Internal Audit.  The ASO team is responsible for managing the IA function’s methodology, risk assessment and annul planning, tools & technology, training, board reporting, engagement with external auditors, co-sourced service providers and regulators and other operational aspects of Internal Audit. The Director will primarily be responsible for leading the department’s policy and procedures to ensure audit activities adhere to the Institute of Internal Audit (IIA) Standards and regulatory requirements and expectations as well IA charter and mandate. Assisting the Internal Audit VP, the candidate will be responsible for proactively benchmarking our IA activities against leading practices and driving enhancements within IA. Additionally, this position requires highdegree of flexibility in a dynamic environment to assist in other IA operations that may include audit methodology and operations support, Audit Committee meeting materials preparation, handling regulatory requests, and special projects as assigned.   The individual must have excellent leadership and interpersonal skills with the ability to effectively interact, influence and effect changes across Internal Audit at varying levels of management. This position requires strong written communication and project management skills.  

Essential Functions

• Assist the Chief Audit Executive and Internal Audit VP in maintaining, assessing and refining the overall Internal Audit program focused on optimizing the effectiveness of audit activities by performing quality reviews and driving improvements.  

• Assist with External Quality and Assessment Reviews including participation in the selection of independent review firm, preparation, and implementation of recommendations.  

• Establish and maintain audit methodology, procedures and guidance to govern the effective execution of IA actives, in conformance with the mandatory guidance of the International Professional Practices Framework (IPPF) and IA’s charter which helps to confirm execution of Board, Regulatory and Stakeholders expectations.

• Maintain audit risk assessment methodology, including top down and bottoms up risk assessment used to develop the risk based audit plan

• Ensure methodology is focused on Visa’s significant enterprise and business activities and risk that affect the organizations' objective and priorities

• Continuous monitoring of Visa’s risk profile and changes through Quarterly Risk Assessment and impact and changes to audit plan

• Facilitate Audit’s annual planning process to support the developing a comprehensive risk based audit plan

• Ensure Audit coverage for all identified auditable entities within the audit universe through a multi year plan approach in managing risk based audit plan priorities

• Manage risk assessment changes with adequate oversight and approval and changes to plan

• Prepare materials summarizing the annual plan for approval to the audit committee

• Centrally manage, monitor and report audit plan status and changes

• Maintain an end to end Issues Management Program from issue identification tracking and monitoring, validating and reporting

• Ongoing system administration, access management, vendor bug fixes and releases, usability enhancements, Visa’s technology coordination, third party vendor relationships, API developments and maintenance, user support and training, and reporting

• Establish and execute a training strategy focused on adherence to IA methodology, tools, best practices and integrate QA considerations and results regarding conformance with IA methodology during IA department trainings

• Support in recruiting, new staff orienta