Risk Management Analyst

About Us

Visa is a world leader in payments technology, facilitating transactions between consumers, merchants, financial institutions and government entities across more than 200 countries and territories, dedicated to uplifting everyone, everywhere by being the best way to pay and be paid.

At Visa, you'll have the opportunity to create impact at scale - tackling meaningful challenges, growing your skills and seeing your contributions impact lives around the world.

Join Visa and do work that matters - to you, to your community, and to the world. Progress starts with you.

Job Description

The Third-Party Lifecycle Management Program (TLMP) team is a second line of defense Third Party Risk Management team operating as part of the Corporate Risk function. TLMP is responsible for governance and oversight of Visa's third-party risk and is responsible for assessing the effectiveness of the controls in place to identify, monitor, and manage Visa's third-party risk throughout the third party's lifecycle with Visa.

What a Third-Party Analyst - North America (NA) does at Visa:

This is a fulltime position at Visa for Visa's Third-Party Lifecycle Management team. The Analyst, Third Party Risk Program, will complete third-party risk assessments for acquired entities, support change management, validate supplier arrangements to ensure program and regulatory compliance expectations. This role involves partnering with key stakeholders to ensure effective risk management, regulatory compliance, and continuous improvement across the organization. In this role, you are expected to:

Complete End-to-End Third-Party Risk Assessments:

• Execute end to end third party reviews across various business portfolios.
• Collaborate with internal stakeholders and business partners to walk them through third-party risk assessment process.
• Periodically report on supplier risk profiles to various internal business stakeholders.
• Triage TLMP assessments to various team members based on volume and portfolio owner assignment.
• Regularly report key risk metrics to senior leadership and stakeholders.

Support Change Management

• Drive organizational change initiatives to improve third party risk management practices.
• Develop and execute change management strategies to ensure successful adoption of new processes and technologies.
• Provide training and support to stakeholders to facilitate change.

Support TLMP Acquired Entity Supplier Onboarding:

• Collaborate with Acquired Entity stakeholders to onboard their supplier portfolio.
• Connect with various Acquired Entity stakeholders to train appropriately on onboarding and assessment process.
• Triage AE assessment volume to appropriate assessors.
• Maintain regulatory compliance dependent on Acquired Entity location.

Key Competencies:

• Third Party Risk Assessment Experience
• Strategic Thinking
• Problem Solving
• Leadership and Team Management
• Communication, stakeholder management and Negotiation skills
• Analytical Skills
• Project Management

Visa requires at least 3 days in office, expectations of these days will be confirmed by your Hiring Manager.

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:

• 4 or more years of 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)
• 4+ years of experience executing third party risk programs, information security programs and/or audit program working with supplier or vendor risk assessments.
• Demonstrated ability to communicate complex issues in a clear, concise and impactful way - turning research and raw data into hard numbers into compelling stories and useful strategic insights to a variety of stakeholders.
• Working understanding of Global third party regulations. A deep understanding of OCC, EBA, DORA and FCA regulations is preferred.
• Working experience with GRC tools and system maintenance and improvement.
• Strong attention to detail and achieving results, with an emphasis on how work is being accomplished.
• General understanding of contract terms and conditions.
• Professional accreditation in risk management.
• Proficiency in Financial Systems (Ariba, Aravo, Oracle, IBM).

U.S. Applicants Only

The estimated salary range for this position is $ to $ 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.

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 protect veteran status. Visa will also consider for employment qualified applicants with criminal histories in a manner consistent with the EEOC guidelines and applicable local law.