Fascinated by the future and captivated by technology?
Smart, driven and want to make a difference in the world?
As the world’s leader in digital payments technology, Visa’s mission is to connect the world through the most creative, reliable and secure payment network - enabling individuals, businesses, and economies to thrive. Our advanced global processing network, VisaNet, provides secure and reliable payments around the world, and is capable of handling more than 65,000 transaction messages a second. The company’s relentless focus on innovation is a catalyst for the rapid growth of digital commerce on any device for everyone, everywhere. As the world moves from analog to digital, Visa is applying our brand, products, people, network and scale to reshape the future of commerce.
At Visa, your individuality fits right in. Working here gives you an opportunity to impact the world, invest in your career growth, and be part of an inclusive and diverse workplace. We are a global team of disruptors, trailblazers, innovators and risk-takers who are helping drive economic growth in even the most remote parts of the world, creatively moving the industry forward, and doing meaningful work that brings financial literacy and digital commerce to millions of unbanked and underserved consumers.
You’re an Individual. We’re the team for you. Together, let’s transform the way the world pays.
What’s it all about?
Visa owns the most recognizable global brand in the financial services industry. The VP, Head of Europe Risk Advisors key responsibilities will be to maintain trust in that brand, championing security in the industry and differentiating Visa in the eyes of clients and key stakeholders.
As a key member of the Europe Risk Team, the VP, Head of Europe Risk Advisors will advise the Europe Risk leadership, the UK & Ireland executive team and hub & global functional leads on strategies related to complex operational, financial, legal and regulatory risk exposures.
Providing leadership within the wider Ecosystem Risk team is an essential capability, balancing Visa’s business goals with the need to protect the Visa ecosystem from excessive risk to create an environment for strong but sustainable business growth.
The job holder is expected to provide executive level briefings on key ecosystem risks and mitigation strategies, identifying both positive and negative aspects to proposed strategies and tactics. Lead Risk across the functions in a coherent, collaborative approach, creating a high performing, enthusiastic team and driving Risk strategy across the region.
The VP, Head of Europe Risk Advisors will:
The successful candidate will lead a team of approximately 10 Risk professionals, based across the Visa Europe region. These professionals are in-market client-facing Risk advisors and highly skilled Risk specialists in the areas of compromise management, data security, corporate risk, ecosystem integrity, credit settlement risk, regulatory risk and fraud analytics.
The Role
VEL is a significant participant in the payments system across the Europe Region, which represents a diversity of regulatory, economic and political environments. As such VEL recognises it has an important role to play in identifying and managing risks created by its clients that may adversely affect VEL and the effectiveness of the payments system, including VEL’s clients end-consumers. Consequently, the role is a significant contributor to the success of VEL and protecting the Visa brand.
Reporting to the Chief Risk Officer, Europe, the VP, Head of Europe Risk Advisors will be entrusted with a broad portfolio of responsibilities including the implementation of Strategic Risk Management for the business, Ecosystem Risk, Credit Settlement Risk and Corporate Risk across the region and where appropriate will deputise for the CRO.
In addition to overseeing the broader development and execution of the European Risk strategy across the region via the Risk Advisors, the VP, Head of Europe Risk Advisors will be responsible for direct management and implementation of the Europe Risk Strategy within the UK and Ireland Region, serving as the Lead Risk Advisor for the UK/I.
The VP, Head of Europe Risk Advisor will be responsible for creating, managing and adapting the Europe Risk budget to execute a comprehensive strategy for client engagement, external thought leadership development, marketing and corporate communications, and innovation.
The VP, Head of Europe Risk Advisor will have regional responsibility for championing security in the industry and maintaining the integrity of the payments ecosystem. This complex and fast evolving ecosystem includes issuing and acquiring banks, merchants, cardholders, and service providers such as processors, device manufacturers, and payment gateways. The VP, Head of Europe Risk Advisors will be responsible for the execution of all Ecosystem Risk programs in Europe in alignment with the VP Ecosystem Risk, Europe. These programs include the Visa Integrity Risk Program and Visa’s Risk fraud and disputes programs.
Beyond Europe Risk, the VP, Head of Europe Risk Advisors lead is also accountable for Risk to the head of the UK/I business Regional Managing Director for UK/I. In this capacity, the VP, Head of Europe Risk Advisors will serve as the RMD UK/I’s risk lead, providing second-line management for key areas for the first line in the UK/I, including credit settlement, corporate, and regulatory risk issues.
The successful candidate for this hugely diverse role, must collaborate effectively with the Global Risk Leadership Team, the UK/I Leadership Team, Visa hub & global functions including Technology, Innovation, Global Solutions, Client Support Services, Global Product, Government Engagement, and Merchant & Acceptance Solutions.
The VP, Head of Europe Risk Advisors 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 person will also be responsible for executing Visa’s Credit Settlement Risk policy in the UK/I and via the regional risk advisors so as to protect Visa against financial loss in the case of a failure of an issuing or acquiring bank.
The VP, Head of Europe Risk Advisors will play an important role in shaping Visa’s enterprise and operational risk strategies during a period of rapid innovation in the payments industry. From enabling new channels (e.g. eCommerce/ mCommerce) to incorporating new technologies (e.g., chip cards, NFC) and expanding payment ecosystem (e.g. 3rd party service providers, regulators), this role will have the opportunity to lead Visa’s regional leadership team and clients to mitigate risks and innovate responsibly.
He/she will be a catalyst for transforming Visa Europe’s risk strategy and solutions for issuers, acquirers and merchants, with the end goal of championing payments security & forging deeper client relationships. In this capacity, the VP, Head of Europe Risk Advisors is expected to represent Visa in internal executive engagements and external client-facing and public-facing events, driving security, risk, and payments awareness across the industry.
Specific / Key responsibilities include: