OverviewThe Senior Manager, Risk is responsible for delivering risk management oversight to the Visa Direct including Visa Payments Limited (VPL), Currency Cloud, B2B Connect, VGSI, and YellowPepper. A solid foundation of risk management ensures the Visa Direct organization maintains a strong reputation at the forefront of the payments industry and supports its long-term growth strategy. The Senior Manager, Risk will also provide second line risk and controls assurance to the whole Visa Direct team. The Senior Manager, Risk will support and lead where applicable the design and implementation of appropriate risk oversight and ensure enterprise risks are identified and managed within Visa''s Risk Appetite.

The Senior Manager, Risk reports to the Senior Director, Risk, Visa Direct. The role is responsible for managing risk relationships across Visa Direct and Visa globally, as well as externally with Regulatory bodies, auditors and professional assessors. The Senior Manager Risk will also be responsible for strengthening the Second Line of Defense and ensuring adequate controls assurance of first line of defense risk and control teams within Visa Direct.

Key Responsibilities

Responsible for Risk management oversight at Visa Payments Limited, Yellow Pepper and Visa Direct.

Provide advice to Senior management, including Heads of Functions and other leadership team members of Visa Direct and other entities within the money movement business, to ensure key risks are considered and effectively managed

Pro-actively collaborate internally with Risk colleagues and with Head of functions and senior management at VPL and Visa Direct business to identify, manage and mitigate key areas of risk, including but not limited to, strategic, financial, operational, ecosystem and legal and compliance risks

Establish and oversee deployment of processes to deliver ongoing and adequate monitoring, testing and reporting of risks

Evaluate emerging risks across Visa Direct, identify potential mitigation strategies and advise business leaders on implementation

Implement Visa''s enterprise risk management policy, including making enhancements to company-wide processes to strengthen risk management capabilities

Provide appropriate governance and oversight of credit risks arising

Contribute to the effective oversight of enterprise risks by providing risk reporting to the Business Leadership of Visa Direct, VPL and other entities within Visa Direct, Risk Committees and the respective Board of the entities, including through enhanced use of Key Risk Indicators and analytics

Provide support in embedding strong risk culture across the Visa Direct Organization

Review all external communications with the regulators

Provide assurance to respective Board of regulated entities on key regulatory deliverables, including the Operational Resilience Assessment, and the company''s Orderly Wind-Down Plan

Second Line of Defense oversight includes coverage of strategic direction and initiatives; Compliance, Technology activities, external certification control framework (e.g. ISO27001) and alignment with Visa key controls and operational risk management frameworks

Accountable for leading internal, or engaging third party, assessment of key activities against industry recognized criteria and standards

Provide second line controls assurance across Visa Direct, including assurance of first line risk and control frameworks and approaches where appropriate

Qualifications and Sector Experience

5+ Years of progressive experience

Educated to degree level or hold equivalent professional experience in Accounting, Finance or Business

A good understanding of the payments industry and financial services, payment products and services, and of wider economic / competitive landscape

Excellent knowledge and understanding of risk management practices: experience in identifying, assessing, managing and reporting risk, gained across different risk types

Strong understanding of Financial, Compliance and Technology related risks including but not limited to Payment Service regulations.

Expertise in collaborating cross-functionally to ensure risk assessments are comprehensive

Display effective communication skill to advise and influence Heads of functions, Senior Directors, and other leadership team members across Visa Direct and VPL.

Capability to recognize and understand root causes, patterns, or trends across a broad spectrum of activity that could result in risk to the organization

Produce impactful management information and support informed executive decision making

Clear thinker with strong technical and data analysis skills, plus solid business acumen, management, and problem-solving skills

Knowledge and understanding of relevant regulation and experience of working with regulators

Proficiency in MS Word, Excel, Access, PowerPoint

Ability to quickly understand complex and fast-moving topics and identify key points and go forward plans with limited information

Champion the establishment of training and awareness programs to build general acumen on processes, risks, and controls standards

Experience in the effective use of Risk management tools

Top 4 accounting and consulting experience desirable.

Sector Experience

Financial services (within a regulated environment)

Regulated industry

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.

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