What are the responsibilities and job description for the VP, Internal Audit position at Visa?
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.
Visa is seeking a Vice President of Internal Audit. The role reports to Visa Inc.’s Chief Auditor and is responsible for developing and executing risk assessments, audits, and advisory reviews, as well as managing client engagement across key global business functions. The person will play a key role in supporting the Chief Auditor in developing longer term strategies for the function.
The position demands the highest level of leadership and organizational skills, and the ability to successfully interact at all levels of the organization, including members of the Board of Directors and Regulators, are key requirements. Superior analytical skills, critical thinking and overall business acumen are also critical success factors. Senior leadership experience in a regulated environment would be an advantage.
Essential Functions (Required):
- Provide leadership to the audit team and drive development and execution of the business unit risk assessment and audit plan.
- As an integral member of the Global Audit Leadership Team, provide strategic direction, thought leadership in audit approach and delivery of services, and evaluation of Visa Inc.’s overall risk and internal control environment.
- Lead development of a global risk-based audit plan, aligned with global business strategies, supporting major business initiatives and reflecting leading audit practices.
- Maintain relationships with key stakeholders, including functional and regional leaders and their management teams, regulators and external auditors.
- Lead key aspects of the Internal Audit strategic plan as well as key initiatives, e.g. mergers, acquisitions and/or strategic investments, represent the Internal Audit function on significant cross-functional teams, lead key aspects of regulatory engagement and operational execution.
- Assist the Chief Auditor in various matters including reporting to senior management, the Audit Committee, and regulators
- Apply extensive industry knowledge and technical expertise to support and develop the audit team to ensure effective team development and engagement
- Exhibit a strong drive for results and success, conveying a sense of urgency and driving issues to closure in a fast-paced, evolving business and risk environment.
This position is open to the following locations: Foster City, CA, Atlanta, GA, or New York, NY.
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 two days a week, Tuesdays and Wednesdays with a general guidepost of being in the office 50% of the time based on business needs.
Basic Qualifications:
- VP: 12 years of work experience with a Bachelor’s Degree or at least 10 years of experience with an Advanced degree (e.g. Masters/MBA/JD/MD) or at least 8 years of work experience with a PhD
Preferred Qualifications:
- 15 years in expanding leadership roles with experience building and managing teams with relevant experience in a well-disciplined organization where best practices are integral to the management of the business
- Advanced understanding of risks management within a complex, technology, financial services or regulated business,
- Comprehensive knowledge of auditing practices, with the ability to interpret and analyze complex concepts and articulate these in a business context
- Strong experience in project management, project implementation, and cross-organizational networking and coordination.
- Exceptional problem solving and analytical skills with ability to analyze complex business problems and make sound business decisions.
- Highly skilled in managing effective and efficient team development for a dynamic internal audit function.
- Excellent oral and written communication, interpersonal and presentation skills, including outstanding ability to summarize complex issues into succinct presentations for a wide range of internal and external executive constituents
- Proactive leader with unquestionable integrity and discretion
Additional Information
Visa has adopted a COVID-19 vaccination policy to safeguard the health and well-being of our employees and visitors. As a condition of employment, all employees based in the U.S. are required to be fully vaccinated for COVID-19, unless a reasonable accommodation is approved or as otherwise required by law.
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 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.
