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Risk Solutions Consultant

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

Consulting Expertise:

o Drives client revenue optimization by leveraging relationships and strategies that align with Managed Solutions goals, automation, and retention objectives

o Regularly discusses and pursues client goals, demonstrating an understanding in clients’ evolving business strategies

o Builds rapport with both the client and the Visa account team to promote retention

o Proactively learns how to leverage complementary Visa products and offerings, stays current on releases, and is proactive in learning how to leverage updates and enhancements for Visa and client success

o Anticipates fluctuations and proactively identifies anomalies with business relationships and collaborates internally to stay ahead of competitive risk

- Analysis

o Increases automation by leveraging internal features and available client attributes

o Aligns acceptance and fraud KPIs with Managed Solutions objectives

o Uses Business Intelligence tools to continually highlight client return on investment

o Processes ad hoc requests and uses existing functionality to accomplish goals

o Contributes to the continual enhancement of analytical tools

- Solutions Delivery

o Optimizes client acceptance through increased automation, the use of machine-learning models, and efficient creation and use of rules

o Identifies and influences clients and internal business partners to explore Managed Solutions and complementary Visa product offerings

o Communicates consistently with internal partners on the status of portfolio, at-risk/retention scenarios, upsell opportunities, etc.

o Remains proficient in Visa and partner integrations, order and technical flow, and support resources

o Shares industry best practices within region

o Understands how client strategies and risk configurations potentially impact Visa revenue

- Communication and Presentation Skills

o Communicates professionally, succinctly, independently, and with relevance based on audience and topic

o Engages with colleagues and clients regularly to align common ideas and goals through effective communication, demonstrating a passion for the business, and being accountable

o Shares efficiencies and best practices with colleagues and peers

- Industry Knowledge

o Builds industry knowledge through internal and external resources

o Confidently consults clients on industry trends and innovations and educates clients on how payment ecosystems work

o Understands regional risk regulations

o Uses knowledge of competitive landscape to shape solutions delivery

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
5 or more years of relevant work experience with a Bachelor's Degree or at least 2 years of work experience with an Advanced degree (e.g. Masters, MBA, JD, MD) or 0 years of work experience with a PhD

Preferred Qualifications
6 or more years of work experience with a Bachelor's Degree or 4 or more years of relevant experience with an Advanced Degree (e.g. Masters, MBA, JD, MD) or up to 3 years of relevant experience with a PhD

- Relevant work experience:
o Working in eCommerce payment industry
o Collaborating on and with enterprise-wide products, projects, and programs
o Deriving insights and action items through analysis
o Providing Solutions Delivery/professional services
o Proficiency in Microsoft 365 (Office)
o Exceptional presentation, consultative, and communication skills
o Required languages: English.

Additional Information

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.

What You Should Know About Risk Solutions Consultant, Visa

As a Risk Solutions Consultant at Visa in Reading, United Kingdom, you will play a pivotal role in driving client revenue optimization through strategic consultation and relationship management. Your main focus will be on understanding and aligning with clients’ evolving business strategies to promote retention and success. You’ll be tasked with leveraging automation tools to enhance client acceptance and streamline processes, ensuring we reach our managed solutions goals. Communication skills are essential, as you’ll engage regularly with clients and colleagues, sharing best practices and industry insights. You’ll also analyze key performance indicators related to acceptance and fraud, using Business Intelligence tools to illustrate client return on investment. Your experience in the eCommerce payment industry will empower you to confidently consult on payment ecosystems, while your understanding of regional risk regulations will be invaluable. This hybrid position allows you to work comfortably, split between remote and in-office days, ensuring you remain engaged with your team and clients alike while driving Visa’s mission of connecting the world through secure payments. Come and make an impact by joining Visa today.

Frequently Asked Questions (FAQs) for Risk Solutions Consultant Role at Visa
What are the key responsibilities of a Risk Solutions Consultant at Visa?

As a Risk Solutions Consultant at Visa, your key responsibilities include optimizing client revenue, aligning client goals with Managed Solutions, leveraging automation for improved acceptance, and analyzing KPIs related to fraud and client success. You'll engage in regular communication with clients and internal teams, share industry insights, and proactively identify business anomalies to enhance client relationships.

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What qualifications do I need to become a Risk Solutions Consultant at Visa?

To qualify for the Risk Solutions Consultant position at Visa, you typically need at least 5 years of experience in relevant fields along with a Bachelor's degree. For those with advanced degrees, the experience requirement can be reduced. A strong background in the eCommerce payment industry and proficiency in Microsoft 365 are also preferred.

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How does the role of Risk Solutions Consultant at Visa integrate with clients’ business strategies?

In the role of Risk Solutions Consultant at Visa, you’ll actively engage with clients to understand their business strategies and goals. By leveraging Visa's products and solutions, you can help clients optimize their revenue and mitigate risks effectively. Your expertise will allow for a tailored approach that ensures clients harness the full potential of payment systems.

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What skills are important for a Risk Solutions Consultant at Visa?

Important skills for a Risk Solutions Consultant at Visa include exceptional communication and presentation abilities, analytical skills for managing data-driven insights, and a deep understanding of the eCommerce and payment industry. Additionally, consultative skills and familiarity with automation tools will significantly enhance your effectiveness in this role.

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Is the Risk Solutions Consultant position at Visa remote or in-office?

The Risk Solutions Consultant position at Visa is a hybrid role, which means you'll have the flexibility to work both remotely and in the office. Employees are generally expected to spend 2-3 days a week in the office, balancing collaboration with remote work to meet business needs.

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Common Interview Questions for Risk Solutions Consultant
How would you approach understanding a client's business strategy as a Risk Solutions Consultant?

Start by asking open-ended questions to gain insights into their goals and challenges. Demonstrate your interest by listening actively and offering relevant solutions that align with their business needs. Showing that you understand their industry and providing value in your advice is key.

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Can you explain your experience with automation in the eCommerce payment industry?

Discuss specific projects where you successfully implemented automation tools to streamline processes, noting any significant outcomes such as enhanced efficiency or reduced fraud. Emphasize the importance of understanding client attributes and how they can optimize their use of Visa products.

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What strategies would you use to build rapport with clients in this role?

Building rapport can start with regular communication and being genuinely interested in their success. Share industry best practices and insights, and offer tailored solutions that align with their goals. Consistency and transparency go a long way in fostering long-term relationships.

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How do you handle the analysis of key performance indicators as a Risk Solutions Consultant?

Explain your process for collecting data and using Business Intelligence tools to derive actionable insights. Highlight your ability to identify trends and anomalies and your experience collaborating with clients to align their KPIs with Managed Solutions objectives.

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What do you know about Visa's approach to risk management?

Research Visa's risk management strategies, particularly related to fraud prevention and compliance with regulations. Discuss your understanding of the competitive landscape and how you can contribute to Visa's approach as a Risk Solutions Consultant.

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Describe a time when you used your communication skills effectively in a professional setting.

Choose a specific example from your past work where clear communication led to successful outcomes. Explain how you tailored your message to the audience, whether it was a presentation to clients or a meeting with team members.

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How do you stay updated on trends in the eCommerce payment industry?

Explain your methods for keeping abreast of industry news and innovations, such as attending conferences, participating in webinars, or following relevant publications. Demonstrating your proactive approach will show that you are committed to continuous learning.

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What is your approach to problem-solving in fast-paced environments?

Discuss an example where you successfully navigated a challenging situation by analyzing the problem, considering multiple perspectives, and implementing effective solutions quickly while maintaining quality and client satisfaction.

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How do you prioritize tasks when managing multiple client accounts?

Describe your method for prioritizing tasks based on urgency and importance, and how you maintain organization. Mention tools or techniques you use to manage your workflow effectively while ensuring that all clients receive adequate attention.

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What role does teamwork play in your effectiveness as a Risk Solutions Consultant?

Emphasize the importance of collaboration in achieving client success and how you engage with internal teams. Share specific instances where teamwork led to innovative solutions or enhanced service delivery for clients.

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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
January 12, 2025

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