Sr. Program Mgmt Consultant

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 DPS Product Regulatory and Compliance team is seeking a Senior Regulatory Compliance Manager with strong leadership and risk management experience. This individual will report directly to the Director responsible for DPS Regulatory Compliance. The role requires independent assessment and addressing of regulatory risks in collaboration with product owners.

The successful candidate will closely collaborate with various teams including Product Development, Technology, Product Operations, Client Services, Governance, Global Compliance, and the Privacy, Product, and Regulatory Legal teams. They are a subject matter expert on financial regulations such as UCC, Reg E, Reg Z, Card Act, TILA, GLBA, UDAAP, FCRA, GDPR, SCRA, among others.

This position will also involve client-facing responsibilities, collaborating with client-facing teams to understand their positions on regulations, assisting in solutioning and translating regulations into executable requirements. The incumbent will track and identify changes in the regulatory landscape that could affect our products, working to reduce risks, educating our teams to ensure ongoing compliance.

As a regulatory and product expert, the Senior Compliance Manager will collaborate to assess regulatory risk and find compliant, automated, and user-friendly solutions. They will ensure DPS Products and Value-Added Services meet regulatory, security, and industry standards such as PCI, NACHA Rules, FedNow, among others. This role operates in a highly matrixed environment and requires deep integration with various DPS products.

Principle Scope, Responsibilities and Key Results Areas:

• Accountable for the regulatory inventory, regulatory compliance products library for DPS Products.
• Responsible for assigned DPS Products Accountable collaborating so product owners understand how regulations affect their product.
• Collaborate with product owners, technology, and others to track and drive change so our ensure regulatory compliance.   
• Monitor regulatory environments assisting your product teams in finding and understanding changes in regulations through new legislation, changes in guidance, interpretations, consent orders, examiners manuals, and other sources.
• Working with product on new and improved features and products research and identify regulations and review them for applicability working with product, legal, and others.
• Review through various processes like our NBIA (New Business Initiative Assessment) and PRA (Product Risk Assessment) processes.
•  Lead the creation of training for regulations applying it to products using Visa University, Legal, and key stakeholders.  
• Assess as needed new products, vendors, and partnership working to ensure regulatory excellent and adherence to Visa’s policies. 
• Collaborating with other key members of the team, provide support for Audit, Security and Compliance activities related to DPS Products and Value-Added Services within the scope of the applicable Visa policies.  Coordinates audit follow-up and corrective action planning.
• Perform regulatory assessments of the focus areas including review of processes and procedures, adherence by staff and make recommendations to improve internal controls and compliance.
• Develops positive and initiative-taking approaches to regulatory compliance to ensure client satisfaction.
• Experience drafting process maps to assist with documentation of DPS operational activities.
• Support preparation of internal and external audits and compliance in accordance with regulatory standards.
   

Qualifications

Base Qualifications:

• 8 or more years of relevant work experience with a Bachelor Degree or at least 5 years of experience with an Advanced Degree (e.g. Masters, MBA, JD, MD) or 2 years of work experience with a PhD
• 10+ years of experience in the payments industry (prepaid, debit, credit, fintech, network processing, issuer processing, acquiring, money transfer, etc.).
• Current relevant experience in Regulatory, Product, and or Compliance is required.
• Demonstrate broad security and regulatory knowledge across common industry policy bodies. These may incl