Job Description

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.

The Credit Risk Manager will assist the Director, Financial Risk Lead at Visa Direct for credit risk. Reporting to the Director, the role with provide timely and high-quality output to internal stakeholders relating to assessing credit risk, undertaking risk analysis and making recommendations for risk treatment activities consistent with applicable frameworks, policies and Visa's Risk Appetite.
This role would benefit from some understanding of the payments and financial services industry, business environment and implementing risk treatment activities within that setting. Must work collaboratively with cross functional & geographically diverse teams both externally and internally to execute against a common goal of protecting the Visa Enterprise.
Candidate will be responsible for:

• Ongoing support of the Visa Direct Credit Risk Policy, seeking to minimize losses that results from exposures to Network Partners and Clients FX trading, including:

• Analysing financial data from balance sheets and income statements etc. to credit assess third parties and clients in line with the Framework/Policy on a daily basis.
• Daily monitoring exposure limits for Network Partners and margin requirements for Client FX flows, ensuring adherence to Visa's risk appetite.
• Working with 1st line teams to prepare materials for the approval of credit risk waivers to the appropriate governance forums on ad hoc basis.
• Ongoing support of the oversight of the credit risk, working closely with colleagues across various businesses to assess exposure and periodically deploy appropriate risk mitigation measures, including stress testing, scenario and market risk analyses.
• Assisting ad hoc implementation of a suite of risk metrics & reporting to help identify of risks, the ongoing monitoring of risks, the measuring financial risk exposures & investigating limit breaches for timely action.
• Ad hoc production of timely and effective management information and analysis to help inform key business and risk decisions, including preparing Committee quarterly reports to be used in the discussion with senior management, to respond to credit risk related questions during the meetings to support the discussion.
• Support periodic updates to senior leadership, regulators and other external parties on Visa's financial risk management activities for the Visa Direct business unit.

This is a hybrid position. Expectation of days in the office will be confirmed by your Hiring Manager.
Qualifications
Requirements:
Several years of experience of credit risk analysis with a strong analytical ability for analysing creditworthiness of small and medium-sized enterprises, fintechs, large corporates and financial institutions
An understanding of FX, trading and payment products and services, and of the wider economic environment and competitive landscape
Familiarity of Financial Risk Management techniques and approaches, including hedging, underwriting, credit risk governance and controls, stress testing, and scenario analysis for both day-to-day and theoretical analysis
Strong interpersonal and collaboration skills, excellent verbal and written communication skills, methodical and meticulous with high attention to detail.
Self-starter, confident dealing with senior executives, and to think on their feet in a time critical environment
A curious attitude and a want and drive to challenge the status quo to deliver innovative risk management solutions within a business growth mindset
Additional Requirements:
Bachelor's Degree in STEM or finance and/or a CFA qualification is preferred.
Excellent interpersonal, presentation, communication and facilitation skills, plus ability to work independently and effectively in a continually changing environment
Ability to develop strong relationships and work with all organizational levels.
Proficiency in MS Word, Excel, Access, PowerPoint
Preferred:
Knowledge, skill and understanding in applying risk management practices
Commercial, front end, client facing experience, & understanding of the Payments industry and Visa Products and Services
Knowledge of Visa's Global Risk programs
Familiarity of regulated environments, including direct engagement with supervisors
Additional Information
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.

Skills Required