Senior Risk Manager

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

Make an impact with a purpose-drivenindustry leader. Join us today and experience Life atVisa.

What’sit all about?

As a Senior RiskManager for Central Europe, you will be central to developing anddelivering on Risk Europe’s strategy, integration and deploymentplan for tailored Visa Risk capabilities that enable clients toimprove risk and fraud mitigationcapabilities:

1. Support development andexecution of a comprehensive risk plan that is consistent withlocal market landscape, market priorities and global riskstrategy:

• Under the direction of theDirector Risk Management in Central Europe, the role hasresponsibility for payment fraud prevention, management of fraud,security and risk in the external Visa payment infrastructure inone or more countries.
• Support both internaland external risk management programs
• Supportclient forums (security summit, Risk Executive Councils, workinggroups, etc.)
• Promote & support clientadoption of Visa risk products / solutions /initiatives

• Support relationshipswith issuers, acquirers, merchants, payment processors, serviceproviders, regulators, and law enforcementto:

• Identify opportunities to enhancethe payment ecosystem and advance risk management bestpractice.
• Support constructive relationshipswith local market regulators and law enforcementagencies
• Resolve fraud & data breachevents
• Provide stakeholdertraining

• Support the appropriateregulatory supervision framework inmarket:

• Support 2nd Lineaccountabilities in the execution of the Global Supervision Riskframework for identifying, monitoring, and managing supervisoryrelationships where appropriate
• Partner withbusiness and functional teams to engage with governmentstakeholders, foster sound conditions to operate, and createinsights on regulatory and supervisory topics for effectivebusiness responses
• Provide regular and ongoingreporting, metrics and information related to regulatory andsupervisory management

• Supportinnovation initiatives by assisting Visa and its clients mitigaterisks and embrace new technologyimprovements:

• Assessemerging/innovation risks and new businessmodels
• Leverage local insights to contribute toRisk thought leadership
• Guide clients throughpayment innovation complexity

•Prepare reports, briefings, and other written products to updateexecutive management on risk activities, issues, andopportunities:

• Convey risk-relatedtrends and developments to local General Manager and leadershipteam through regular reporting
• Synthesizemarketplace feedback regarding the effectiveness of Visa’s riskmanagement strategy and programs, benchmark Visa’s performancerelative to other payment networks andparticipants.
• Guide Visa’s proactive riskcommunications and collaboration across all of these stakeholdersso as to advance the safety, security and long-term growth of theVisa payment system.

This rolereports to the Director Risk Management for Central Europe, withinVisa Europe’s risk management function. The position is inFrankfurt, Berlin or Munich inGermany.

What we expect of you, dayto day:

JobPurpose:

Visa owns the mostrecognizable global brand in the financial services industry.Maintaining trust in that brand and differentiating Visa fromcompetitors will be the Risk leader’s key responsibilities. Riskmanagement is emerging as one of the key pillars of Visa’s strategyof championing security and deepening partnerships. The senior riskmanager plays a critical role to support the enterprise andoperational risk activities of the company.

Thisrole will be entrusted with a broad portfolio of responsibilitiesincluding Strategic Risk Management and Ecosystem Risk (Fraud &Data Security) for the Central Europe markets. As a key member ofthe market Risk team, this role will advise Visa’s Central EuropeCountry Managers, the market executive team and hub & globalfunctional leads on strategies related to complex operational,financial, legal and regulatory riskexposures.

In addition to overseeing StrategicRisk Management, the Risk Manager will be responsible formaintaining the integrity of the payment ecosystem, which includesissuing and acquiring banks, merchants, cardholders, and serviceproviders such as processors, device manufacturers, and paymentgateways. In this capacity, this role will work in conjunction withVisa Government Engagement, Regulatory Risk team, and otherinternal and external keystakeholders.

KeyAccountabilities:

• Supportthe development, coordination and integration of new strategiesacross key stakeholders globally, in Europe and in cluster, toinclude resource requirements across functions, business impactevaluation and scale capabilities.
• Provideongoing and ad-hoc support for client fraud and risk eventsincluding analysis, communication and resolution in cooperationwith internal and external stakeholders.
• Formkey stakeholder relationships across Visa Europe to develop an indepth understanding of the current end-to-end risk client lifecycleincluding onboarding, credit risk and ecosystem risk monitoring.Provide recommendations to tailor the existing client lifecycle tomeet specific opportunities for fraudservices.
• Support business development of fraudservices strategy/activities/products by being able to articulatecurrent risk control environment, assist in assessing any new risksthat may arise from new strategy/activities and consider these inthe wider context of the overarching riskappetite
• Support the embedding of fraudservices by working with data & analytics to collect andanalyse information on the sector, including any noticeable trends,root causes, and potential solutions.
• Developawareness of the wider regulatory environment and key externaldevelopments for the new payments flow sector including any eventsthat may require legal consideration, regulatory engagement or achange to Visa Rules.
• Write reports andproposals to key audiences: Risk Committee (ERC), Board RiskCommittee (BRC) Regulators (e.g. Bank of England, ECB etc)outlining key progress/trends/findings emerging from due diligenceactivity on the new payment flowssector
• Support, train and provide strategicdirection to the Visa risk team and provide subject matter expertadvice on any large-scale client outreach strategy, complex clientqueries and client facing materials that can be used in clienteducational sessions, client bank forums, wider industry and sectoraudiences as needed.

This is a hybridposition. Hybrid employees can alternate time between both remoteand office. Employees in hybrid roles are expected to work from theoffice 2-3 set days a week (determined by leadership/site), with ageneral guidepost of being in the office 50% or more of the timebased on businessneeds.

• Knowledgeof Central Europe and wider European payments and / or financialservices industry and the major trends affecting key stakeholders,including the regulatory, political and market environment, paymentproducts and services, economic and competitive landscapetechnology and the rising threat of databreaches.
• Knowledge, understanding andexperience of risk management practices in finance and the paymentindustries.
• Knowledge of fraud management inthe finance and payment industries, including investigation ofindividual fraud events and analysis of trends utilizingdata.
• Track record in synthesizing complexinformation to produce impactful management information andanalysis, and support informed executive decisionmaking.
• Understanding of technologies andcapabilities that assist in fraud monitoring, controls, fraudreduction, fraud exploit identification and cybersecuritycapabilities to reduce financial risk.
• Trackrecord in synthesizing complex information to produce impactfulmanagement information and analysis, and support informed executivedecision making.
• Knowledge and understanding ofrelevant financial and payment industryregulation.
• Experience in preparing, reviewingand delivering executive level communications, both in writing andverbally.

Visa is anEEO Employer. Qualified applicants will receive consideration foremployment without regard to race, color, religion, sex, nationalorigin, sexual orientation, gender identity, disability orprotected veteran status. Visa will also consider for employmentqualified applicants with criminal histories in a manner consistentwith EEOC guidelines and applicable locallaw.