Risk Business Partner

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.

The Risk Business Partner will be responsible for

• Developing partnerships with key business stakeholders in Visa's Commercial Solutions organization to identify, mitigate, monitor and report on risks impacting their business and product lines.
• Driving and embedding risk culture throughout the product organization to further evolve Product Risk oversight at Visa.
• Ensure appropriate alignment with other Visa Policies, Frameworks, Processes and Procedures.
• Working seamlessly with a wide group of internal customers in a way that engenders mutual respect and consideration for the other party's point of view and drawing out all viewpoints of teams.
• Implementing Visa's Risk Management and Appetite Frameworks:
  • Collaborate with cross functional teams to identify and monitor risks of the entity by performing deep dive risk assessments on a business and risk prioritized basis.
  • Provide constructive challenge to business functions and make recommendations on risk controls or other actions required to drive risk mitigation.
  • Provide second line oversight of the development of mitigating controls for identified risks.
  • Liaise closely with Risk teams on centrally managed Risk programs, e.g., Supplier Risk Management, Compliance Risk Management, New Business Initiative Assessment, Risk and Control Self-Assessment.
  • Provide real-time, meaningful insights to develop and motivate business partners and team members.
• Monitoring the risk profile of supported business organizations:
  • Establish and monitor Key Risk Indicators to assist management in the early identification of risks and trends.
  • Maintain risk registers for risk aggregation.
  • Escalate risks to appropriate governance committees.
• Providing reports on the entity's risk profile to business leaders and applicable governance committees highlighting risks that warrant the most attention.
  • Prepare materials, including keeping minutes, for risk review meetings with Risk and Business leaders.
  • Reporting as required to Operational Risk Sub-Committee (ORS) and Corporate Risk Committee (CRC).

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.

Basic Qualifications

• 5 or more years of relevant work experience with a Bachelors Degree or at least 2 years of work experience with an Advanced degree (e.g. Masters, MBA, JD, MD) or 0 years of work experience with a PhD

Preferred Qualifications

• 6 or more years of work experience with a Bachelor's Degree or 4 or more years of relevant experience with an Advanced Degree (e.g. Masters, MBA, JD, MD) or up to 3 years of relevant experience with a PhD

The successful candidate must have

• Proficiency in knowledge and understanding with applying risk management practices specifically as it relates to Enterprise and Operational Risk Management (e.g., risk appetite, risk assessment, scoring, mitigation, acceptance).
• Ability to report risk summaries clearly and concisely.
• Strong business acumen, understanding of the payments industry, payment products and services, and of the wider economic and competitive landscape.
• Demonstrate an understanding of Visa's business strategy, its clients and their evolving requirements, with demonstrated problem-solving skills and excellent judgment.
• Experience providing a comprehensive risk management point of view that helps inform business decisions (risk/reward tradeoff)
• Track and record in synthesizing complex information to produce impactful management information and support informed executive decision making.
• Additional Requirements:
• 5 Years of progressive risk or payment business management experience
• Bachelor's Degree (Finance, Economics or Business Field preferred)
• Excellent interpersonal, presentation, communication and facilitation skills.
• Ability to clearly articulate views independently and negotiate effectively needing no more than limited guidance to determine key messages.
• Ability to complete analytical research with little to no guidance.
• Ability to work independently and effectively in a continually changing environment.
• Clear thinker with strong technical and data analysis skills and problem-solving skills.
• Proven ability to develop strong relationships to drive mutually beneficial and lasting relationships based on clear vision and understanding of customer future.
• Comfortable and confident working with all organizational levels.
• Able to drive progress and decisions with limited oversight (e.g., escalations only).
• Encourages decision making within teams by demonstrating confidence and trust.
• Proficiency in MS Word, Excel, Teams, and PowerPoint and a passion to grow utilizing new technologies.

Work Hours: Varies upon the needs of the department.

Travel Requirements: This position requires travel5-10% 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 origin, sexual orientation, gender identity, disability or protected veteran status. Visa will also consider for employment qualified applicants with criminal histories in a manner consistent with EEOC guidelines and applicable local law.

Visa will consider for employment qualified applicants with criminal histories in a manner consistent with applicable local law, including the requirements of Article 49 of the San Francisco Police Code.

U.S. APPLICANTS ONLY: The estimated salary range for a new hire into this position is 100,700.00 to 130,900.00 USD per year, which may include potential sales incentive payments (if applicable). Salary may vary depending on job-related factors which may include knowledge, skills, experience, and location. In addition, this position may be eligible for bonus and equity. Visa has a comprehensive benefits package for which this position may be eligible that includes Medical, Dental, Vision, 401 (k), FSA/HSA, Life Insurance, Paid Time Off, and Wellness Program.