Manager, Visa Integrity Risk – Acquirer Controls

at  visa

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
Ecosystem Security & Integrity (ESI) is a Global Risk group that is tasked with the role of upholding the security and integrity of the payment ecosystem through the interdiction of illegal and fraudulent activity. This is achieved through the deployment of risk quality control and/or compliance programs. The programs are deployed through Visa Rules and additional client guidelines and Visa performs quality control leveraging proprietary tools, specialized third party vendors, regional risk teams, and other stakeholders. ESI also works with internal and external stakeholders to further its charter and initiatives.
The person in this role will support the overall design and deployment of the “Acquirer Control” processes as defined in the Visa Integrity Risk Program. The objective of these processes is to assess the effectiveness of controls Acquirers have in place to onboard and manage merchants that are active across defined, high-risk merchant activities. This person will perform “underwriting” as well as an “ongoing monitoring”, assess Acquirer controls and processes against defined minimum standards and acceptance criteria that are used to approve Acquirers to be active across such activities in specific in the Gambling industry globally including US state approvals and expansion for new and existing Acquirers. The person will ensure related policies, procedures, and controls are executed consistently across all Visa regions as well as by internal and external stakeholders.

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.
• Visa or Payments industry experience, with focus on Acquirer risk management (including merchant underwriting) and/or financial industry experience with focus on client underwriting.
• Relationship/Client management experience.
• Knowledge or experience in audit or underwriting.
• Flexible and creative thinker with strong execution skills.
  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.

• Perform review of the Global Gambling Acquirer underwriting / assessment of the effectiveness of controls Acquirers have in place to onboard and manage merchants covered under Visa’s Integrity Risk Program. Such underwriting may include any of the following, review of Self-Assessment Questionnaires, of Acquirer Policies, Procedures and sample Merchant Files, various external diligence information, payment fraud performance, etc.
• Perform periodic risk-based assessment of Acquirers covered under Visa’s Integrity Risk program, with ongoing monitoring
• Assist in conducting on-site Acquirer Audits, or coordinate Audits through 3rd parties
• Support Visa’s Close Monitoring process and coordinate risk and threat management actions vis-a-vis ecosystem participants posing an excessive risk or potential threat — exceeding Visa’s stated risk tolerance.
• Engage with MSA and Account Executives to share intelligence, assess mitigating actions, and ensure clear accountability across functions and/or individuals to drive a consistent and timely remediation approach
• Working closely with the Visa Integrity Risk Program Management Office, perform periodic industry reviews of high-risk activities, and recommend program changes to ensure continuous program effectiveness
  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 two days a week, Tuesdays and Wednesdays with a general guidepost of being in the office 50% of the time based on business needs.
  Qualifications