Visa Inc. is a global payments technology company that connects consumers, businesses, financial institutions and governments in more than 200 countries and territories, enabling them to use digital currency instead of cash and checks.

Visa does not issue cards, extend credit or set rates and fees for consumers. Visa’s innovations enable its bank customers to offer consumers choices: Pay now with debit, ahead of time with prepaid or later with credit products. From the world’s major cities to remote areas without banks, people are increasingly relying on digital currency along with mobile technology to use their money anytime, make purchases online, transfer funds and access basic financial services. All of which makes their lives easier and helps grow economies.

Behind the Visa brand are our talented employees who continuously raise the bar with innovative solutions and products that deliver the convenience and security of digital currency to more people all over the world.

The primary purpose of this position is to evaluate incoming supplier engagements to ensure suppliers are accurately and efficiently risk evaluated initially and periodically thereafter during the lifecycle. This position will be responsible for assessing incoming supplier engagements for high risk exposure. This includes working with sourcing and/or business partners to ensure data is complete and accurate, inherent risks are correctly identified and residual risks are assessed correctly. To ensure risk is captured correctly, this role will require understanding various risk stakeholders programs (Anti-Bribery, Physical Security, Data Privacy, etc.) and their acceptable controls to conduct due diligence or determine any incremental due diligence and determine residual risk. This person will work closely with the Risk Stakeholder subject matter experts when issues arise to get them remediated or risk accepted and will partner with Business Owners and Sourcing leads wherever necessary to obtain clarification on open issues or incorrect input and record and document updates as evidences of change in engagement records. This role will need to ensure timely maintenance and updates for supplier profiles which includes performing ongoing risk assessment and analysis of supplier’s holistic relationship.

The Risk Sr. Analyst is expected to ensure all aspects of the assigned functions adhere to the Supplier Risk Management Policy and procedures. This position reports to the Director of Supplier Risk Management for North America.

Responsibilities

• Manage incoming risk assessments and conduct due diligence evaluations of suppliers for a specific region or category of services/products
• Conduct ongoing periodic risk assessment of suppliers to ensure inherent and residual risk remain accurate
• Work closely with Sourcing and business partners to ensure a clear understanding of the services or product being purchased for appropriate risk evaluations
• Act as risk subject matter expert for suppliers for a specific region or category of services/products
• Have a strong understanding of Payment Systems and Supplier Risk to be able to validate for accuracy and completeness of the requests for purchase of goods and services from suppliers
• Have a broad understanding of multiple risk areas such as Anti-Bribery, information
  security, business continuity, physical security, reputational and financial
  risks
• Understanding of inherent risks, controls, and residual risks as applicable for companies in the financial services and technology industry to evaluate risk profiles to determine if the responses for questions in request submitted by Business Owners accurately represent the supplier risk posed to Visa by the requested goods and services
• Have a solid understanding of Payment System Risk to evaluate engagements with risk exposure to determine appropriate risk information is being captured and to be able to explain the risk requirements and subsequent steps to all participants of the Supplier Risk Management process
• Ability to act as a liaison between different stakeholders and business owners to ensure accurate risk and control information related to the requested goods and services is being documented
• Co-ordinate with Business Owners to clarify responses on risk questions and document all the communications as evidence to changes in transactions.
• Ability to quickly develop strong understanding of the process flow and risk logic within the supplier manager tool to successfully support business and risk stakeholder in completing risk assessments in an accurate and timely manner.
• Excellent internal customer service to ensure SLAs are met in a timely and thoughtful manner.
• Good to have proficiency in Financial Systems (Ariba, iProcurement, Oracle, Hiperos) to be able to understand data flow in various systems and determine most efficient course of action to remedy issues.

Specific Skills

• Strong communication skills with ability to clearly communicate with senior executives

• Strong interpersonal and influencing skills

• Strong analytical skills

• Employer will accept Bachelor’s in Information Technology, Business, Finance, or related field; and 4-5 year(s) of work experience in job offered or 3 year(s) of work experience in a senior risk analyst- related occupation.

Education or experience must include:

• Executing risk programs, information security programs and/or audit program

• Experience with security and operational risk programs within the payment industry;

• Risk assessments and developing risk frameworks and process to determine the outcome applied to entire population and demonstrating an effective result;

• Experience with leading projects/team across multiple groups;

• Conducting business and business process assessments involving selection of standards and baseline values required to define a risk framework;

• Experience with supplier or vendor assessment framework and tools

All your information will be kept confidential according to EEO guidelines.