SVP – Regional Risk Officer - North America

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 North America (NA) 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 NA 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 NA. 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

• Lead and develop the North America Risk team into a high performing, best in class organization.
• Play an active role on Global Risk and the North America Leadership Teams to define regional Risk strategies and initiatives to help influence and shape the Regional objectives.
• Establish and executes the enterprise risk program for NA, 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.
• Ensure the “1st Line of defense” has an embedded risk management culture, with effective monitoring, analytical tools and appropriate training and support.
• Maintain the integrity of the Visa payment system and the broader payments ecosystem. 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.
• Lead responsible innovation initiatives within the region, including assisting clients to ensure they understand and are working to mitigate risks posed by new technologies, products, services and platforms.
• Coordinate 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.
• Ensure relevant teams across the region are informed on the health of settlement exposure in the market, risk programs, and risk assessments.
• Manage data breaches and fraud attacks affecting clients in the region, including mitigating impacts, identifying causes and driving remediation, and overseeing communication with relevant stakeholders.
• Drive Visa thought leadership on payment security, integrity, and fraud management across the region, including client and stakeholder communication, risk forums and security summits.
• Serve as primary spokesperson and principal liaison with regulatory authorities within NA on risk related matters.
• Maintain 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 an on-site position. An on-site position must be consistently performed at an assigned Visa office location and require daily commute to the office location.

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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

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