Sr. Risk Manager

Job Summary: The Sr. Risk Manager for Visa Conecta will play a critical role in identifying, assessing, mitigating, and monitoring risks associated with the company's payment processing activities. This position requires a deep understanding of financial services, payment systems, and risk management frameworks. The Sr. Risk Manager will work closely with various departments to ensure that risk management best practices and programs are integrated into all aspects of the company's operations.

Key Responsibilities:

Risk Assessment and Analysis:

• Identify and assess potential risks related to payment processing, including operational, financial, compliance, and reputational risks.
• Conduct regular risk assessments and develop risk profiles for different business units and processes.
• Ensure fraud prevention tools and reports are fit to purpose.
• Analyze transaction data to identify patterns and trends indicative of potential risks and implement mitigation strategy.

Risk Mitigation:

• Develop and implement risk mitigation strategies and controls to minimize identified risks.
• Collaborate with the IT and security teams to ensure robust cybersecurity measures are in place to protect payment data and systems.
• Establish and maintain fraud prevention and detection measures.

Policy and Procedure Development:

• Develop, review, and update risk management policies and procedures.
• Ensure that all employees are aware of and adhere to risk management policies and procedures.
• Provide training and support to staff on risk/compliance-related topics.

Monitoring and Reporting:

• Continuously monitor risk exposure and the effectiveness of risk mitigation measures.
• Prepare regular risk reports for senior management.
• Escalate significant risk issues to senior management promptly.

Incident Management:

• Lead the response to risk-related incidents, including fraud, data breaches, and operational failures.
• Conduct root cause analysis of incidents and develop action plans to prevent recurrence.
• Maintain an incident log and ensure timely resolution and documentation of incidents.

Stakeholder Engagement:

• Work closely with internal stakeholders, including finance, operations, IT, legal, and compliance teams, to ensure a coordinated approach to risk management.
• Build and maintain relationships with external stakeholders, such as issuers, acquirers, payment networks.

This is a hybrid position. Expectation of days in office will be confirmed by your Hiring Manager.