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Regulatory Affairs Analyst

Company Description

Visa is a world leader in payments and technology, with over 259 billion payments transactions flowing safely between consumers, merchants, financial institutions, and government entities in more than 200 countries and territories each year. Our mission is to connect the world through the most innovative, convenient, reliable, and secure payments network, enabling individuals, businesses, and economies to thrive while driven by a common purpose – to uplift everyone, everywhere by being the best way to pay and be paid.

Make an impact with a purpose-driven industry leader. Join us today and experience Life at Visa.

Job Description

We are looking for an organized and detail-oriented Analyst to join our team in San Francisco, CA, Washington, DC, or Atlanta, GA. The successful candidate will have excellent organizational and communication skills, and the ability to work under tight regulatory deadlines. The work will focus primarily on supporting various state licenses and registrations, including ensuring operational compliance with regulatory requirements.  This position requires close collaboration with internal stakeholders and external stakeholders, including potentially regulators, outside counsel, and third-party providers.

Essential Functions

  • Support the Regulatory Affairs team by tracking, preparing, and submitting reporting to maintain state registrations and licenses.
  • Work closely with cross-functional teams and internal stakeholders to obtain information as needed for regulatory submissions.
  • Assist with preparing responses to regulatory inquiries, internal audits, and examination requests.
  • Assist with monitoring changes to state legislation in the U.S., including consideration of potential business impact.
  • Prepare reporting for internal stakeholders.
  • Supporting Risk and Regulatory Affairs team as required on projects.
  • Perform other related duties as assigned.

This is a hybrid position. Hybrid employees can alternate time between both remote and office. Employees in hybrid roles are expected to work from the office 2-3 set days a week (determined by leadership/site), with a general guidepost of being in the office 50% or more of the time based on business needs.

Qualifications

Basic Qualifications
• 2 or more years of work experience with a Bachelor’s Degree or an Advanced Degree (e.g. Masters, MBA, JD, MD, or PhD)

Preferred Qualifications
• 3 or more years of work experience with a Bachelor’s Degree or more than 2 years of work experience with an Advanced Degree (e.g. Masters, MBA, JD, MD)
• Proficiency in Microsoft Office Suite (Outlook, Word, Excel, etc.)
• Knowledge of regulatory frameworks for payments and the gaming industry preferred.
• Ability to multi-task and independently manage and prioritize work, while meeting key regulatory deadlines.
• Strong verbal and written communication skills.
• Excellent organizational skills and attention to detail.
• Employs sound judgment regarding sensitive information.
• Ability to work independently and effectively as part of a team, with good interpersonal skills.
• Proficient in English.

Additional information

Work Hours: Varies upon the needs of the department.

Travel Requirements: This position requires travel 5-10% of the time.

Mental/Physical Requirements: This position will be performed in an office setting.  The position will require the incumbent to sit and stand at a desk, communicate in person and by telephone, frequently operate standard office equipment, such as telephones and computers.

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.

Visa will consider for employment qualified applicants with criminal histories in a manner consistent with applicable local law, including the requirements of Article 49 of the San Francisco Police Code.

U.S. APPLICANTS ONLY: The estimated salary range for a new hire into this position is $117,600.00 to $150,000.00 USD per year, which may include potential sales incentive payments (if applicable). Salary may vary depending on job-related factors which may include knowledge, skills, experience, and location. In addition, this position may be eligible for bonus and equity. Visa has a comprehensive benefits package for which this position may be eligible that includes Medical, Dental, Vision, 401 (k), FSA/HSA, Life Insurance, Paid Time Off, and Wellness Program.

Average salary estimate

$133800 / YEARLY (est.)
min
max
$117600K
$150000K

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 Regulatory Affairs Analyst, Visa

Join Visa, a world leader in payments and technology, as a Regulatory Affairs Analyst in San Francisco, CA, and make a dynamic impact in the financial sector! In this pivotal role, you'll be the organizational backbone of our Regulatory Affairs team, diving into projects that support various state licenses and registrations while ensuring compliance with regulatory requirements. Your strong communication skills and detail-oriented approach will be critical as you collaborate with a variety of internal and external stakeholders, including regulators and legal teams. Your daily tasks will involve tracking and preparing submissions, responding to inquiries, and keeping an eagle eye on changes in state legislation that could affect the business landscape. This is more than just a job; it’s an opportunity to boost your career while helping Visa uphold its mission of uplifting individuals, businesses, and economies worldwide. Plus, enjoy the flexibility of a hybrid work model, where you can balance office time with remote work—ideal for maintaining personal productivity. If you have at least 2 years of experience in regulatory affairs and possess a proactive mindset, we’d love to see you thrive at Visa. Together, we can pave the way for innovative payment solutions globally!

Frequently Asked Questions (FAQs) for Regulatory Affairs Analyst Role at Visa
What are the primary responsibilities of a Regulatory Affairs Analyst at Visa?

As a Regulatory Affairs Analyst at Visa, your key responsibilities include tracking and preparing submissions to maintain state registrations and licenses, collaborating with various teams for necessary information, responding to regulatory inquiries, monitoring legislative changes, and assisting with internal audits. This role is vital for ensuring that Visa remains compliant with all regulatory requirements.

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What qualifications are needed for the Regulatory Affairs Analyst position at Visa?

Candidates for the Regulatory Affairs Analyst position at Visa should have at least 2 years of work experience, ideally with a Bachelor's Degree or higher. Preferred qualifications include 3 or more years of experience with a Bachelor’s Degree or advanced degree and proficiency in Microsoft Office Suite. It’s also beneficial to have knowledge of regulatory frameworks for payments and the gaming industry.

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What does the career path look like for a Regulatory Affairs Analyst at Visa?

A Regulatory Affairs Analyst at Visa can expect to enhance their career through various opportunities and roles within the Regulatory Affairs team. With strong performance, analysts can advance to senior analyst positions, specializing in specific areas of compliance or moving into leadership roles, contributing to Visa’s mission on a larger scale.

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What is the hybrid work model like for a Regulatory Affairs Analyst at Visa?

The hybrid work model for a Regulatory Affairs Analyst at Visa allows you to alternate between remote work and in-office days, promoting flexibility in your work routine. Typically, you'll be expected to be in the office 2-3 days a week depending on business needs, which helps facilitate teamwork and collaboration while maintaining a healthy work-life balance.

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What are the salary expectations for a Regulatory Affairs Analyst at Visa?

The estimated salary range for a Regulatory Affairs Analyst at Visa falls between $117,600.00 to $150,000.00 USD per year, depending on experience and qualifications. This position may also be eligible for bonuses and equity, along with a comprehensive benefits package including medical, dental, and 401(k) plans.

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Common Interview Questions for Regulatory Affairs Analyst
Can you describe your experience with regulatory compliance in previous roles?

When discussing your experience with regulatory compliance, be specific about the frameworks you have worked with and how you ensured adherence to them. Cite examples where your contributions helped a company avoid penalties or improve operational efficiency. This will demonstrate your understanding and capability to fulfill the Regulatory Affairs Analyst role.

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How do you prioritize and manage multiple deadlines in a regulatory environment?

In your response, emphasize organizational strategies such as using task management tools, outlining priorities based on regulatory deadlines, and maintaining open communication with team members. Share a specific instance where you successfully managed overlapping deadlines to showcase your effectiveness in handling pressure.

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What strategies do you use to monitor changes in regulations?

Demonstrate your proactive approach by discussing tools and resources you utilize for tracking regulatory updates, such as regular visits to official regulatory websites or subscribing to related newsletters. Providing a real-life example of how you adapted to a regulatory change will also highlight your adaptability.

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Describe a time when you collaborated with cross-functional teams on a regulatory project.

Provide an example that illustrates your teamwork and communication skills. Highlight the importance of collaboration for gathering necessary information and how it contributed to the success of regulatory submissions. Mention any tools or methods used to foster effective communication among team members.

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How do you handle sensitive information in a regulatory context?

Discuss your understanding of confidentiality requirements and ethical standards. You can mention past experiences where you preserved sensitive data integrity, as well as the importance of using secured systems and adhering to company policies to handle such information appropriately.

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What has been your experience with preparing responses to regulatory inquiries?

Share your experience in crafting timely and accurate responses to regulatory inquiries. You may want to explain your process for gathering relevant information, drafting the responses, and obtaining the necessary approvals before submission to ensure a thorough and compliant approach.

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How would you study the impact of legislative changes on Visa's operations?

Explain your methodology for assessing the implications of legislative changes, such as conducting impact analyses. Discuss any past experience where you evaluated new regulations and presented findings to stakeholders to inform strategic decisions, showcasing your analytical skills.

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What is your proficiency level in Microsoft Office, and how do you use these tools for regulatory analysis?

Provide details regarding your proficiency level with Microsoft Office tools, especially Excel for data analysis and organized reporting. Discuss how you have utilized these applications in previous roles to streamline processes, analyze data sets, and create informative presentations.

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Can you give an example of a successful project you managed in a regulatory context?

Choose a project where you played a key role in ensuring compliance or improving regulatory processes. Discuss the challenges faced, your contributions to overcoming them, and the outcome. This will highlight your problem-solving abilities and your value to the Regulatory Affairs team.

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Why do you want to work for Visa as a Regulatory Affairs Analyst?

Convey your enthusiasm for Visa's mission and the innovative work being done in the payments technology space. Share how the role aligns with your career goals, and reference Visa's commitment to regulatory compliance as a motivation to contribute your skills and experience to the team.

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Visa Inc. operates as a payments technology company worldwide. The company facilitates commerce through the transfer of value and information among consumers, merchants, financial institutions, businesses, strategic partners, and government entiti...

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Full-time, hybrid
DATE POSTED
December 25, 2024

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