Analyst - Third Party Risk Management - job 9 of 19

The Analyst - Third Party Risk Management at Visa is responsible for performing detailed third-party risk assessments, managing compliance expectations, and facilitating effective change management. You will collaborate with various stakeholders to ensure that all supplier arrangements meet regulatory and program compliance standards while supporting continuous improvement across the organization.

To qualify for the Analyst - Third Party Risk Management role at Visa, candidates should have a strong background in third-party risk assessment, strategic thinking, and project management. Essential skills include problem-solving, leadership, and excellent communication. Additionally, experience in regulatory compliance and training stakeholders is highly advantageous.

The Analyst - Third Party Risk Management at Visa plays a vital role in driving organizational change initiatives by developing and executing change management strategies focused on enhancing third-party risk management practices. This includes providing training and support, ensuring successful adoption of new technologies and processes, and fostering collaboration among stakeholders.

Visa seeks candidates for the Analyst - Third Party Risk Management position who possess competencies in third-party risk assessment, strategic thinking, communication, negotiation, and leadership. Strong analytical skills, problem-solving abilities, and project management experience are also critical to excel in this role.

The Analyst - Third Party Risk Management at Visa will enjoy a hybrid work environment, allowing flexibility between remote work and days in the office. This setup fosters collaboration with team members and stakeholders while also promoting work-life balance, which is an essential aspect of Visa’s company culture.

When answering this question, provide specific examples of past projects where you successfully executed third-party risk assessments. Highlight the processes you used, the challenges you faced, and how you collaborated with various stakeholders to achieve compliance and improve outcomes.

Discuss your methodology for implementing change management strategies, emphasizing how you effectively communicate changes and train stakeholders to adapt to new processes. Show your understanding of the importance of stakeholder buy-in and continuous support during transitions.

Mention any risk management platforms, tools, or technologies that you've used in your previous roles. Explain how you leveraged these tools to streamline assessments, report findings, and facilitate collaboration with team members.

Demonstrate your project management skills and ability to prioritize tasks effectively. Discuss how you assess urgency, allocate resources, and communicate with your team to meet deadlines while ensuring thorough assessments are conducted.

Provide a compelling example that illustrates your problem-solving skills in addressing compliance challenges. Focus on how you identified the issue, consulted stakeholders, and implemented solutions to overcome the obstacle.

Outline your process for ensuring regulatory compliance within third-party risk assessments. Discuss how you stay updated with relevant regulations and standards and how you incorporate this knowledge into your risk assessment procedures.

Discuss your approach to presenting risk findings, emphasizing the need for clarity and relevance. Share how you tailor your reports to suit the audience and ensure that key metrics are highlighted for effective decision-making.

Emphasize the importance of collaboration in risk assessments. Share examples of how you've worked with cross-functional teams to gather insights, validate findings, and enhance the overall effectiveness of the risk management process.

Describe your commitment to professional development in the field of risk management. Mention any relevant certifications, training programs, or networking events you participate in to keep your skills and knowledge updated.

Articulate your passion for risk management by discussing what drives you to excel in this field. Whether it’s the excitement of solving complex problems, the importance of protecting organizations, or your commitment to compliance, convey a genuine enthusiasm for your work.