Director Risk Governance - Third Party Lifecycle Management

The ThirdParty Lifecycle Management Program (TLMP) team is a second line of defense Third Party Risk Management team operating as part of the Corporate Risk function. TLMP handles governance and oversight of Visas thirdparty risk and is responsible for assessing the effectiveness of the controls in place to identify monitor and manage Visas thirdparty risk throughout the third partys lifecycle with Visa.

What a Director Risk Governance Third Party Lifecycle Management is responsible for: 

This is a fulltime position at Visa for Visas ThirdParty Lifecycle Management team. The Director of the Second Line Risk Function at Visa will serve as the primary contact for TLMP client and stakeholder inquiries ensuring timely comprehensive responses and maintaining strong relationships through effective communication and strategic problemsolving. The role involves developing and overseeing the approach to nonsupplier thirdparty relationships managing contractual reviews and implementing process enhancements to improve efficiency and effectiveness. The Director will also lead exit strategies for thirdparty relationships oversee the Risk Control SelfAssessment (RCSA) process and ensure the quality control of TLMP reporting and analytics. Additionally the role includes mentoring and developing team members fostering a positive and inclusive work environment and collaborating with various stakeholders to align with corporate objectives.

This position reports to the Senior Director of Strategy and Governance for ThirdParty Lifecycle Management and will be based in Atlanta Miami Austin.

Key responsibilities include:

Other Third Party (OTP) Portfolio Management and Oversight:

• Develop TLMPS approach to nonsupplier relationships to have better 2nd line oversight over these relationships at Visa i.e. OTPs reseller agreements referrals partnerships strategic alliances sponsorships technology partners etc. Socialize approach with key stakeholders including business product teams to ensure alignment with TLMPS corporate wire playbook on OTPs Oversee the OTP portfolio ensuring compliance with department and organizational policies and risk management frameworks

Stakeholder Client Inquiries:

• Serve as the primary contact for TLMP client stakeholder inquiries ensuring timely and comprehensive responses that are aligned with program policy procedures and key objectives Develop and maintain strong TLMP stakeholder relationships internal and external through effective communication and strategic problem solving

Process Enhancements Internal and External:

• Identify and implement process enhancements to improve efficiency and effectiveness of thirdparty risk management activities Collaborate with internal and external stakeholders to optimize workflows and integrate best practices in risk management

Exit Planning and Outsourcing Lead:

• Develop and implement exit strategies for thirdparty relationships ensuring smooth transitions and risk mitigation Lead outsourcing initiatives ensuring alignment with department and organizational goals and compliance requirements

Reporting and Analytics:

• Oversee the quality control of TLMP reporting and analytics ensuring accuracy and reliability of risk management source data Develop and maintain dashboards and reports to support decisionmaking and risk assessment

Why this is important to Visa As the Director Risk Governance Third Party Lifecycle Management this role plays a crucial part in the strategy and regulatory alignment of the TLMPs program. We are looking for an experienced individual with a curiosity about payments and Fintech who is resultsdriven and client focused.

This is a Hybrid position with expectations to be in an office 3 days per week.

Qualifications :

Basic Qualifications

• 10 or more years of work experience with a Bachelors Degree or at least 8 years of work experience with an Advanced Degree (e.g. Masters/ MBA/JD/MD) or at least 3 years of work experience with a PhD

Preferred Qualifications

• 12 or more years of work experience with a Bachelors Degree or 810 years of experience with an Advanced Degree (e.g. Masters MBA JD MD) or 6 years of work experience with a PhD
• 5 or more years of experience in the Payments industry or related roles
• Working understanding of ThirdParty Risk Management Programs and related areas such as AntiBribery Information Security Business Continuity Physical Security Records Management Call Center Reputational and Financial risks
• Working experience with identifying the inherent risks associated with engaging suppliers to perform services and support projects initiatives in corporate domains
• Strong attention to detail and achieving results with an emphasis on how work is being accomplished
• Ability in Financial and or workflow Systems (Ariba Aravo Oracle Coupa IBM)
• Experience in developing and implementing exit strategies for thirdparty
• Proven experience in leading and managing largescale programs and projects
• Working knowledge of regulatory requirements and industry standards related to thirdparty risk
• Excellent communication leadership and interpersonal skills
• Ability to influence and drive change across a complex organization
• Proficiency in risk management tools and technologies
• Demonstrated experience in leadership development and people management
• Strong project management skills to ensure smooth transitions and risk mitigation
• Experience in managing client stakeholder inquiries within a complex organizational structure
• Strong strategic problemsolving skills

Additional Information :

Work Hours: Varies upon the needs of the department.

Travel Requirements: This position requires travel 510 of the time.

Mental/Physical Requirements: This position will be performed in an office setting.  The position will require the incumbent to sit and stand at a desk communicate in person and by telephone frequently operate standard office equipment such as telephones and computers.

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.

Visa will consider for employment qualified applicants with criminal histories in a manner consistent with applicable local law including the requirements of Article 49 of the San Francisco Police Code.

U.S. APPLICANTS ONLY: The estimated salary range for a new hire into this position is 137700 to 210800 USD per year which may include potential sales incentive payments (if applicable). Salary may vary depending on jobrelated factors which may include knowledge skills experience and location. In addition this position may be eligible for bonus and equity. Visa has a comprehensive benefits package for which this position may be eligible that includes Medical Dental Vision 401 (k) FSA/HSA Life Insurance Paid Time Off and Wellness Program.

Remote Work :

No

Employment Type :

Fulltime