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Director, Risk Business Partner, Issuing Solutions - job 32 of 46

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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

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$150000K

$200000K

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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 pivotal role where you’ll manage and enhance the risk management capabilities within the Issuing Solutions sector. You’ll collaborate closely with product teams to strengthen risk oversight and tackle risks that are inherent in business operations. This isn't just a desk job; you'll actively embed your team in various business units to identify, assess, and monitor potential risks while reinforcing key controls across different teams. Your responsibilities will directly impact the strategic direction of Visa, as you will be responsible for synthesizing and communicating Issuing Solutions' core risks to Visa's Senior Management. A critical part of the role involves providing constructive challenges to first-line functions and advising senior management on essential controls to mitigate risks effectively. You will act as a trusted advisor, leveraging your expertise and collaborating with cross-functional teams such as Client Services, Finance, and Technology to implement risk management aligned with Visa's frameworks. In this dynamic environment, you'll lead a dedicated team focused on aligning risk appetite with strategic objectives, ensuring compliance with key risk programs, and proactively engaging in initiatives that drive resiliency and control effectiveness. If you’re passionate about the payments industry and have a strong track record in risk management, this is your opportunity to make a meaningful impact while fostering a robust risk management culture within Visa.

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 at Visa?

The Director, Risk Business Partner at Visa is tasked with overseeing the risk management capabilities of Issuing Solutions. Responsibilities include embedding risk management practices within teams, collaborating with product units to address risks, and communicating key risk insights to senior management. This role will also focus on compliance with critical risk programs and enhancing risk culture within the organization.