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.

The Supplier Risk Management team is a part of the Global Sourcing organization at Visa. When Visa buys goods or services from suppliers, we must understand the risk of buying those goods or services.  If there are risks to Visa, we conduct appropriate due diligence on the supplier before the contract is signed. Applying a risk-based approach to engaging suppliers is good, ethical business practice to protect Visa, our employees and our clients.  Moreover, our clients expect us, as one of their critical suppliers, to have a strong supplier risk management program to protect them and their clients and cardholders.  In fact, the banks and Visa are subject to various regulatory (e.g. Bank of England, FFIEC) and legal requirements put in place to protect consumers. Visa’s supplier risk management program is designed to ensure we meet all these requirements.

The primary purpose of this position is to support the Supplier Risk Management Program. As a Sr. Risk Analyst on the team, your role is to ensure suppliers are accurately and efficiently risk evaluated initially and periodically thereafter during the lifecycle. This includes 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.

This Sr. Analyst will take the lead on program management projects such as completing annual OCC Gap Analysis and Program Maturity Assessments. In addition, the Sr. Analyst work with team members and various stakeholders to drive program improvements that are identified through the assessments, internal audit, or changes in regulations.

The Sr. Analyst is expected to ensure all aspects of the assigned functions adhere to the Supplier Risk Management Policy and procedures.

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.