Lead Senior Risk Advisor

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.**

**Job Description**:
**Job Purpose -**

Visa owns the most recognizable global brand in the financial services industry. Maintaining trust in that brand and differentiating Visa from competitors will be the Risk leader’s key responsibilities. 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 Advisor for France and Benelux plays a critical role to support the enterprise and operational risk activities of the company.

This role will be entrusted with a broad portfolio of responsibilities including Strategic Risk Management and Ecosystem Risk (Fraud & Data Security) for the France and Benelux markets. As a key member of the market Risk team, this role will advise Visa’s France and Benelux Country Managers, the market executive team and hub & global functional leads on strategies related to complex operational, financial, legal and regulatory risk exposures.

In addition to overseeing Strategic Risk Management, the Risk Director 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. In this capacity, this role will work in conjunction with Visa Government Engagement, Regulatory Risk team, and other internal and external key stakeholders shaping the payments industry.

**Key Accountabilities -**
- Ability to develop, coordinate and integrate a new strategy across key stakeholders globally and in VEL, to include resource requirements across functions, business impact evaluation and scale capabilities.
- Act as the Risk Europe Fraud Services point of contact across VEL and work cross regionally with key stakeholders such as Global Risk as relevant to execute and communicate a consistent Visa fraud services strategy, both internally and externally to our clients
- Form key stakeholder relationships across VEL to develop an in depth understanding of the current end-to-end risk client lifecycle including onboarding, credit risk and ecosystem risk monitoring. Provide recommendations to tailor the existing client lifecycle to meet specific opportunities for fraud services.
- Support business development of fraud services strategy/activities/products by being able to articulate current risk control environment, assist in assessing any new risks that may arise from new strategy/activities and consider these in the wider context of the overarching risk appetite
- Support the embedding of fraud services by working with Data & Analytics to collect and analyse information on the sector, including any noticeable trends, root causes, and potential solutions.
- Develop awareness of the wider regulatory environment and key external developments for the new payments flow sector including any events that may require legal consideration, reg engagement or a change to Visa Rules.
- Write reports and proposals to key audiences, Risk Committee (ERC), Board Risk Committee (BRC) Regulators (e.g. Bank of England, ECB etc) outlining key progress/trends/findings emerging from due diligence activity on the new payment flows sector
- Represent VEL on proposed policy changes with the business and industry (where relevant) and incorporate feedback managing internal and external stakeholders (including necessary approval processes) to deliver solutions
- Support, train and provide strategic direction on fraud services to the Ecosystem Risk team in their scaled client engagements including SME advice on any large-scale client outreach strategy, complex client queries and client facing materials that can be used in client educational sessions, client bank forums, wider industry and sector audiences as needed.
- Report to Ecosystem Risk and Risk Europe Leadership teams when required on relevant risk strategies.
- Support the Risk Policy team with any non-new payment flows items where needed.

The role will be required to support the following
- Innovation objectives that support the sustain