Senior Risk Manager

Company Description

Visa is a world leader in digital payments, facilitating more than 215 billion payments transactions between consumers, merchants, financial institutions and government entities across 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.
When you join Visa, you join a culture of purpose and belonging - where your growth is priority, your identity is embraced, and the work you do matters.
We believe that economies that include everyone everywhere, uplift everyone everywhere.
Your work will have a direct impact on billions of people around the world - helping unlock financial access to enable the future of money movement.
**Join Visa: A Network Working for Everyone.
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Job Description

Team Summary

Visa owns the most recognizable global brand in the financial services industry.
Maintaining trust in that brand and differentiating Visa from competitors is crucial.
Risk management is emerging as one of the key pillars of Visa s strategy of Championing Security and Deepening Partnerships.
With in-market ownership of this strategy, the Risk function plays a critical role to support the enterprise and operational risk activities of the company.
**What a Sr. Risk Manager does at Visa**

Reporting to the Southeast Asia s Chief Risk Officer, this role will be entrusted with a broad portfolio of responsibilities including Strategic Risk Management and Ecosystem Risk (Fraud & Data Security) for Indonesia and Cambodia.
This role will develop security priorities and execute strategies to prevent fraud, enhance user authentication, safeguard sensitive data, identify and respond to data breaches and prevent the misuse of the payment system for unlawful purposes.
This role will also be responsible for representing Visa s Credit Settlement Risk policy to protect Visa against financial loss in the case of a failure of an issuing or acquiring bank.
There will be opportunities for the individual to consult with our clients in Indonesia and Cambodia to mitigate risks and innovate responsibly.
Key responsibilities include
- Develop and execute a comprehensive risk plan that is consistent with local market landscape, market priorities and global risk strategy.
- As a member of the in-market leadership team, serve as a trusted and strategic advisor to the Country Manager on all risk issues
- Execute both internal and external risk management programs
- Lead client forums (security summit, Risk Executive Councils, working groups, etc.)
- Promote and support client adoption of Visa risk products / solutions / initiatives
- Manage relationships with issuers, acquirers, merchants, payment processors, service providers, regulators and law enforcement to:

- Identify opportunities to enhance the payment ecosystem and advance risk management best practice
- Develop constructive relationships with local market regulators and law enforcement agencies
- Resolve fraud & data breach events
- Provide stakeholder training
- Lead the responsible innovation initiative with Visa s clients to mitigate risks and embrace new technology improvements.
- Assess emerging/innovation risks and new business models
- Leverage local insights to contribute to Risk thought leadership
- Guide clients through payment innovation complexity
- Prepare reports, briefings and other written products to update executive management on risk activities, issues and opportunities.
- Convey risk-related trends and developments to local country manager and leadership team through regular reporting
- Synthesize marketplace feedback regarding the effectiveness of Visa s risk management strategy and programs benchmark Visa s performance relative to other payment networks and participants
- Guide Visa s proactive risk communications and collaboration across all of these stakeholders so as to advance the safety, security and long-term growth of the Visa payment system

**Why this is important to Visa***

As a key member of the market leadership team, this role will advise the Country Manager, the market executive team and hub as well as global functional leads on strategies related to complex operational, financial, legal and regulatory risk exposures.
In addition to overseeing Strategic Risk Management, the Sr. Risk Manager will be responsible for maintaining the integrity of the payments ecosystem which includes issuing and acquiring banks, merchants, cardholders, and service providers such as processors, device manufacturers, and payment gateways.
Important, the Sr. Risk Manager will play an important role in shaping Visa s enterprise and operational risk strategies during a period of rapid innovation in the payments industry.
The individual will be a catalyst for transforming Visa Indonesia s risk strategy and solutions for issuers, acquirers and merchants, with the end goal of champ