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Visa // credit cards
Product, Full Time       Posted: Wednesday, December 04, 2019
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Company Description

As the world's leader in digital payments technology, Visa's mission is to connect the world through the most creative, reliable & secure payment network - enabling individuals, businesses, & economies to thrive. Our advanced global processing network, VisaNet, provides secure & reliable payments around the world, & is capable of handling more than 65,000 transaction messages a second. The company's dedication to innovation drives the rapid growth of connected commerce on any device, & fuels the dream of a cashless future for everyone, everywhere. As the world moves from analog to digital, Visa is applying our brand, products, people, network & 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, & be part of an inclusive & diverse workplace. We are a global team of disruptors, trailblazers, innovators & risk-takers who are helping drive economic growth in even the most remote parts of the world, creatively moving the industry forward, & doing meaningful work that brings financial literacy & digital commerce to millions of unbanked & underserved consumers.

You're an Individual. We're the team for you. Together, let's transform the way the world pays.

Job Description

Visa Direct is a payment service that Visa provides to clients (issuers, acquirers, processors, merchants & service providers) to facilitate fund transfers/disbursements to Visa accounts around the world using push payment technology, i.e. Original Credit Transaction (OCT). Visa Direct consumer & business applications include person-to-person (P2P) transfer, person to micro-business transfer (e.g. payouts to shared economy providers), funds disbursement (e.g. insurance claim disbursements), & more. The push payments market is estimated to be more than $80 Trillions of payment volume globally, replacing cash, checks, & ACH with push credits directly into bank accounts in real-time.

The Global Product Controls Lead will be a key team member of the Global Visa Direct Product Ecosystem Readiness group, which is building the infrastructure to drive the Visa Direct exponential growth. The successful candidate will be responsible for ensuring Visa Direct clients & programs are compliant with Visa's policies & risk management practices. She/he will also create & manage the framework for ongoing control assessment.

Key Responsibilities:

  • Manage the risk assessment & control infrastructure for Visa Direct globally in partnership with AML, Risk, Platform, & Policy teams
  • Optimize control requirements & compliance for programs throughout the implementation lifecycle based on use case & risk profiles
  • Build out enhancements of front-end internal processes & validation of requirements before program is approved by Visa
  • Develop the on-going monitoring framework, auditing & reporting for product compliance to ensure a sanitized ecosystem
  • Collaborate with the Policy & Rules teams on changes to existing policies or the creation of new ones
  • Manage product control impacts due to product enhancements, new features, & new push payments products on the project roadmap
  • Lead the automation of key product controls with technology as needed
  • Prepare reports with control audit assessment results for senior management
  • Serve as the global lead for product controls to all the regional counterparts
  • Manage & execute on strategic initiates as needed


Basic Qualifications:

  • 8 years of work experience in payments industry & a Bachelor's Degree BA/BS in Business

Preferred Qualifications:

  • MBA or advanced degree preferred
  • 10 years of experience with payment processing, payment or financial services product management, business operations, or process consulting
  • Excellent communication skills (verbal & written) for external clients & internal partners
  • Ability to analyze data, identify patterns, anomalies to inform product requirement compliance
  • Fast learner & critical thinker, ability to build frameworks & processes to solve business problems
  • Strong project management & organization skills to keep large cross-functional teams delivering towards a common goal
  • Ability to explain complex business & technical concepts to a broad audience in an approachable way
  • Excellent problem solving skills with a strong focus on clients
  • Strong team player, self-motivated & the ability to work independently at coordinating cross functional activities, obtain buy-in & elevate issues at critical junctures appropriately

Additional Information

Physical Requirements

This position will be performed in an office setting. The position will require the incumbent to sit & stand at a desk, communicate in person & by telephone, frequently operate standard office equipment, such as telephones & computers, & reach with hands & arms.

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 & applicable local law.

Work Hours

Incumbent must make themselves available during core business hours.

Travel Requirements

This position requires the incumbent to travel for work up to 25% of the time.

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