Risk Director

  • Full-time
  • Job Family Group: Risk

Company Description

Common Purpose, Uncommon Opportunity.  Everyone at Visa works with one goal in mind – making sure that Visa is the best way to pay and be paid, for everyone everywhere. This is our global vision and the common purpose that unites the entire Visa team.  As a global payments technology company, tech is at the heart of what we do: Our VisaNet network processes over 13,000 transactions per second for people and businesses around the world, enabling them to use digital currency instead of cash and checks. We are also global advocates for financial inclusion, working with partners around the world to help those who lack access to financial services join the global economy. Visa’s sponsorships, including the Olympics and FIFA™ World Cup, celebrate teamwork, diversity, and excellence throughout the world. If you have a passion to make a difference in the lives of people around the world, Visa offers an uncommon opportunity to build a strong, thriving career. Visa is fueled by our team of talented employees who continuously raise the bar on delivering the convenience and security of digital currency to people all over the world. Join our team and find out how Visa is everywhere you want to be.

 

Job Description

The incumbent will manage the credit settlement risk of bank and non-bank clients in assigned markets, monitoring their credit ratings, settlement exposures and recommending actions such as ratings, collateral and initiatives to support business. Incumbent will work closely with internal and external stakeholders including Country Management, Franchise Management, Merchant Services and Treasury. Externally the role will interface with Visa clients.

The Singapore-based position is a regional role covering several AP markets reporting directly to the Senior Director, AP Credit Settlement Risk.  As part of the extended global CSR team, you will actively lead and participate in initiatives to further refine and improve Visa’s global credit risk management policies & procedures.
 
Responsibilities:

• As a credit expert on bank clients and country risk, you will actively engage with internal and external senior executives to contribute to strategies and perform reviews that support business growth while advising on solutions to address risk concerns.

• As a credit expert on non-bank clients (both corporates and non-bank financial institutions) you will review such clients regionally and propose / update risk review methodology working with Global CSR.

• Manage assigned markets to conduct credit risk assessments, monitor client risk exposures based on analysis of financial statement including balance sheet structures and strategies, loan portfolios, off-balance sheet transactions and liquidity management.

• Research and analysis of institutional and sovereign risk, credit ratings issued by rating agencies, financial modeling and knowledge of banking systems, economic and political status of assigned markets.

• Lead client due diligence reviews through interaction with client senior management, and provide assessment of client’s financial performance and management.

• Ongoing monitoring of client exposures to ensure collateral shortfalls are highlighted and rectified timely.

• Lead initiatives to refine and improve Visa credit policies, rating tools and analytics to ensure that best practices are maintained. Propose exceptions to the policy where necessary for special circumstances.

• Make reports / presentations to senior management and at Visa client risk conferences.

Qualifications

• Good Bachelor’s degree preferably in Accounting, Finance, Economics or Engineering.  Degree in other fields will be considered.

• 8-10 years of relevant experience in analyzing bank / non-bank financial institutions, counter-party credit risk or corporate credit risk gained with a reputed financial institution.

• Experienced in directly interacting with Financial Institution clients and large-tier Corporates.

• Proficient in both written and verbal communication in English is a must. Ability to communicate in an additional Asian language will be a plus.

• The highly matrixed environment in Visa requires the individual to be collaborative with the ability to identify issues and to assess them and finally presenting to stakeholders and management with a clear point of view.

• Mature, able to work independently to drive strong initiatives. Good team player able to work collaboratively with the rest of the team regionally and globally.

 

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