Job details

Director, Risk Business Partner, Issuing Solutions - job 37 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

The Director, Risk Business Partner for Issuing Solutions at Visa in San Francisco is a dynamic and pivotal role within our Product and Payment Services Risk (PPSR) organization. Here, your expertise will help shape the risk management capability and enhance the risk profile for our Issuing Solutions team, which includes innovative partners like Pismo. You will work closely with various product teams, elevating our risk management practices at the first line of defense. As a leader, you’ll guide a dedicated team, embedding them within business units to proactively identify and assess potential risks while reinforcing controls across diverse teams. Your ability to aggregate and clearly communicate key risks to Visa’s Senior Management is crucial, as is your talent for providing constructive challenges to first line functions. This will position you as a trusted collaborator who empowers executive decisions surrounding risk mitigation. Your role will also involve nurturing cross-functional partnerships, educating teams on lifecycle risk management practices, and reinforcing a robust risk management culture. By developing a risk-aware environment, you will foster a network of Risk Champions to champion best practices. Additionally, your strategic oversight will ensure compliance with essential risk programs and promote effective change initiatives. This position isn't just about risk; it's about driving resilient operations and continuous improvement. Join us in safeguarding Visa’s integrity as we navigate the complexities of the payments landscape together. The hybrid nature of this role adds flexibility, with in-office days tailored to the needs of both the business and our talented team members.

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

What are the main responsibilities of the Director, Risk Business Partner for Issuing Solutions at Visa?

The Director, Risk Business Partner for Issuing Solutions at Visa is integral to managing and improving the risk management capabilities associated with Issuing Solutions. This includes identifying and assessing risks, communicating effectively with senior management, and collaborating across departments to reinforce control measures. The role also involves leading a team, educating staff on lifecycle risk management practices, and ensuring compliance with key risk programs.