Credit Risk Manager
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Job Location:
Monthly Salary:
Posted on:
23 hours ago
Vacancies:
1 Vacancy
Job Summary
The Credit Risk Manager will assist the Director Financial Risk Lead at Visa Direct for credit risk. Reporting to the Director the role with provide timely and high-quality output to internal stakeholders relating to assessing credit risk undertaking risk analysis and making recommendations for risk treatment activities consistent with applicable frameworks policies and Visas Risk Appetite.
This role would benefit from some understanding of the payments and financial services industry business environment and implementing risk treatment activities within that setting. Must work collaboratively with cross functional & geographically diverse teams both externally and internally to execute against a common goal of protecting the Visa Enterprise.
Candidate will be responsible for:
- Ongoing support of the Visa Direct Credit Risk Policy seeking to minimize losses that results from exposures to Network Partners and Clients FX trading including:
- Analysing financial data from balance sheets and income statements etc. to credit assess third parties and clients in line with the Framework/Policy on a daily basis.
- Daily monitoring exposure limits for Network Partners and margin requirements for Client FX flows ensuring adherence to Visas risk appetite.
- Working with 1st line teams to prepare materials for the approval of credit risk waivers to the appropriate governance forums on ad hoc basis.
- Ongoing support of the oversight of the credit risk working closely with colleagues across various businesses to assess exposure and periodically deploy appropriate risk mitigation measures including stress testing scenario and market risk analyses.
- Assisting ad hoc implementation of a suite of risk metrics & reporting to help identify of risks the ongoing monitoring of risks the measuring financial risk exposures & investigating limit breaches for timely action.
- Ad hoc production of timely and effective management information and analysis to help inform key business and risk decisions including preparing Committee quarterly reports to be used in the discussion with senior management to respond to credit risk related questions during the meetings to support the discussion.
- Support periodic updates to senior leadership regulators and other external parties on Visas financial risk management activities for the Visa Direct business unit.
This is a hybrid position. Expectation of days in the office will be confirmed by your Hiring Manager.
Qualifications :
Requirements:
Several years of experience of credit risk analysis with a strong analytical ability for analysing creditworthiness of small and medium-sized enterprises fintechs large corporates and financial institutions
An understanding of FX trading and payment products and services and of the wider economic environment and competitive landscape
Familiarity of Financial Risk Management techniques and approaches including hedging underwriting credit risk governance and controls stress testing and scenario analysis for both day-to-day and theoretical analysis
Strong interpersonal and collaboration skills excellent verbal and written communication skills methodical and meticulous with high attention to detail.
Self-starter confident dealing with senior executives and to think on their feet in a time critical environment
A curious attitude and a want and drive to challenge the status quo to deliver innovative risk management solutions within a business growth mindset
Additional Requirements:
Bachelors Degree in STEM or finance and/or a CFA qualification is preferred.
Excellent interpersonal presentation communication and facilitation skills plus ability to work independently and effectively in a continually changing environment
Ability to develop strong relationships and work with all organizational levels.
Proficiency in MS Word Excel Access PowerPoint
Preferred:
Knowledge skill and understanding in applying risk management practices
Commercial front end client facing experience & understanding of the Payments industry and Visa Products and Services
Knowledge of Visas Global Risk programs
Familiarity of regulated environments including direct engagement with supervisors
Additional Information :
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.
Remote Work :
No
Employment Type :
Full-time
Key Skills
- Arm
- Risk Management
- Financial Services
- Cybersecurity
- COSO
- PCI
- Root cause Analysis
- COBIT
- NIST Standards
- SOX
- Information Security
- RMF
About Company
Visa (NYSE: V) is a world leader in digital payments, facilitating transactions between consumers, merchants, financial institutions and government entities across more than 200 countries and territories. Our purpose is to uplift everyone, everywhere by being the best way to pay and b ... View more
