Job details

Director, Risk Business Partner, Issuing Solutions - job 9 of 46

Get a free resume review

The Product and Payment Services Risk (PPSR) organization at Visa oversees Visa’s strategic pillars and underlying business units (e.g., Issuing Solutions, Acceptance Solutions, Risk and Identity Solutions, Visa Consulting and Analytics) and is focused on product builds, pipeline and portfolio execution and tackling risks inherent in each area. The Risk Business Partner (RBP), Issuing Solutions, is responsible for managing and continually improving Issuing Solutions risk management capability and risk profile, including Pismo, working with product teams to mature risk management capabilities across the 1st line of defence. The successful candidate will manage a direct report and will be responsible for embedding their team within the business units to help identify, assess, monitor potential risks, and strengthen key controls across multiple teams. The role significantly impacts the business unit and company as this individual must be able to effectively aggregate and communicate Issuing Solutions’ main risks to Visa’s Senior Management.

The RBP will provide constructive challenge to first line functions where appropriate and make recommendations to Senior Management on controls or other actions required to drive risk mitigation and reduce exposure. The individual will be regarded as a trusted business partner that can consult executive management to make key risk decisions, leveraging the expertise business teams, other risk management teams and cross functional subject matter experts. The candidate is to be viewed by the organization as knowledgeable, capable, competent, and an agent for change.

The RBP provides oversight to business teams and cross functional stakeholders (e.g., Client Services, Finance, Legal, and Technology) to execute on risk management related to products, services, and operations, consistent with Visa’s Risk Management Frameworks and Risk Appetite. This will include appropriate roll out of Visa’s First and Second line control programs across the business. This role requires practical & strategic understanding of the payments industry, business environment and demonstrated experience assessing risks associated with business imperative/ strategies. This individual must work collaboratively with cross functional and geographically diverse teams to execute against a common goal of protecting the enterprise.

Candidate will be responsible for:

Leading a team of one to link Visa risk appetite and Issuing Solutions’ (incl. Pismo) strategic objectives by supporting the identification of risks & mitigation activity, providing effective oversight to and partnering with the first line business functions to ensure appropriate mitigation is applied to reduce risk exposure to within tolerance and in adherence to Visa’s risk appetite.
Develop and maintain partnerships with the business and cross functional partners to educate and embed Lifecycle Risk Management Practices and infuse Risk Management culture into the organization, including developing, maintaining and continually maturing the capabilities of a network of Risk Champions within the 1st line of defense.
Driving compliance with key risk programs (incl. NBIA, RCSA, TLMP, MRM, ViDA), attend product roadmap reviews to assess and identify potential New Business Initiative Assessments (NBIA), partner with initiative owner to instill cycle time discipline and rigor within the process.
Develop a bottom up (e.g., Key NBIAs, operational risk themes) and top down (key risks from senior leadership) view on risks which then feed into quarterly Risk Profiles and leadership discussions for the business unit.
Lead efforts in supporting the execution of strategically important change initiatives, driving, enabling, and continuously improving resiliency and controls effectiveness.
Monitoring the effectiveness of risk management to ensure mitigating measures are effective in protecting the business and the wider Visa enterprise, through monitoring risk (e.g., overseeing risk registers, driving the development of measurement systems) and working with the broader Visa Global Risk and other functional centers of excellence to ensure appropriate incorporation into first and second line control programs.
Drive updates to leadership, regulators, and other external parties on risk management activities for the business, including supporting Issuing Solutions during Internal Audit engagements.

This is a hybrid position and days in office will be determined by the hiring manager upon being selected for this role.

Average salary estimate

$175000 / YEARLY (est.)

min

max

$150000K

$200000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Director, Risk Business Partner, Issuing Solutions, Visa

Are you ready to take on the challenge of being the Director, Risk Business Partner at Visa in San Francisco? In this exciting role within the Product and Payment Services Risk (PPSR) organization, you will play a pivotal role in overseeing Visa's strategic pillars while managing the risk profile of Issuing Solutions. Your mission? To cultivate and enhance risk management capabilities across various business units, including Pismo. You’ll lead a dedicated team to not only identify and assess potential risks but to effectively communicate these to Visa’s Senior Management. As a trusted advisor, you will help shape key risk decisions and strengthen controls across diverse teams. Your expertise will be essential in collaborating with stakeholders such as Client Services, Finance, Legal, and Technology to ensure adherence to Visa’s Risk Management Frameworks. This role isn’t just about oversight; it's about driving a culture of risk management and resilience within the organization. You’ll be at the forefront of significant change initiatives, helping to infuse risk management practices into the veins of operational processes. With a strategy that connects Visa’s risk appetite with Issuing Solutions’ objectives, you'll guide your team in monitoring risk management effectiveness and advocating for continuous improvement. Join Visa, where your knowledge and experience will empower you to transform the way the organization perceives and mitigates risk, ensuring a robust and secure operational framework for the future!

Frequently Asked Questions (FAQs) for Director, Risk Business Partner, Issuing Solutions Role at Visa

What are the key responsibilities of the Director, Risk Business Partner at Visa?

As the Director, Risk Business Partner at Visa, you will oversee risk management capabilities for Issuing Solutions, manage a team to enhance risk profiles, and collaborate with product teams to apply effective risk mitigation. Additionally, you will be responsible for communicating key risks to senior management and driving compliance initiatives associated with risk programs.