Company Info
Large organization
200 + Employees
Visa Incorporated operates the world's largest retail electronic payments network and is one of the most recognized global financial services brands.
Visa Incorporated operates the world’s largest retail electronic payments network and is one of the most recognized global financial services brands. Visa facilitates global commerce through the transfer of value and information among financial institutions, merchants, consumers, businesses and government entities.
1). Director, Regional Ethics and Compliance, West Africa
Location: Lagos, Nigeria
Job type: Full-time
Job Family Group: Legal
Job Description
- This position is responsible for the oversight, support and monitoring of the application of the Ethics & Compliance Program across West Africa (WA). At Visa, the West Africa cluster consist of Nigeria, Ghana, The Gambia, Sierra Leone & Liberia.
- The position is a critical partner to the business, providing pragmatic, solution-oriented counsel to ensure that Visa has effective risk management, decision-making and review of key processes to ensure we meet international standards, the requirements of regulations and laws of the United States and of the countries in which we operate.
These activities include the following areas of risk:
- Anti-Bribery and Anti-Corruption
- Office of Foreign Assets Controls and other Sanctions
- Anti-Money Laundering (AML) / Anti-Terrorist Financing (ATF)
- Data Privacy
- Information Security
- Anti-Trust and Competitive Intelligence
- Other specific compliance requirements of regulators who have regulatory authority over our operations in the West Africa region.
- In addition, this position also holds responsibility for ensuring the highest standards of conduct, as set out in Visa’s Code of Business Conduct and Ethics. Particular areas of focus include:
- Business Conduct and Ethics
- Conflicts of Interest
- Prevention of Insider Trading.
Core Responsibilities
- Responsible for all Compliance Program matters as the primary point of contact for business units, support functions and other control function.
- Primary point of contact for AML/ATF matters with regulators, in collaboration with Legal and Government Relations function in West Africa.
- Be the point of reference in all compliance related engagement with the Central Bank of Nigeria (CBN).
- Collaboration with Visa’s Financial Intelligence Analytics Center on activities including additional and enhanced due diligence applied to AML/ATF & Sanctions cases, including direct communications and requests for information from clients and partner.
- Ensuring that the business has effective decision-making, risk assessment, processes, controls and procedures to meet obligations of internal policy and international and local regulations, laws and requirements.
- Review of significant business strategies, activities and transactions, assessment of risk and development and execution of risk mitigation action at regional, country, program and product level.
- Accountable for managing the process to provide required reporting to regulatory authorities in the West Africa sub-region, where relevant.
- Promote understanding of the Compliance Program and Code and drive effective inclusion of Compliance in business activities and strategies.
- Deliver compliance office visits within the region to re-enforce annual ethics and compliance training and adherence to the Code. Assist on Business Conduct Office investigations in WA, as needed.
- Execution of due diligence requirements of the Anti-Bribery/Anti-Corruption Program, AML/ATF & Sanctions Programs, including third party due diligence, provision of AML/ATF workshops and education for Clients and on-site Client AML program assessments. The AML/ATF component is a significant portion of the position’s overall responsibilities.
- This is a hybrid position. Expectation of days in office will be confirmed by your hiring manager.
Qualifications
- Bachelor’s Degree or other higher education qualifications required.
- Professional AML/ATF accreditation required (such as CAMS).
- Sound knowledge of AML/ATF risks and typologies.
- ICA Diploma in Governance, Risk & Compliance or similar qualification preferred.
- 5 to 7 years of experience in management of compliance programs and controls within the financial services industry.
- Good knowledge of payments industry products, emerging products, regulations and related trends.
- Good understanding of core pillars of effective AML/ATF and Sanctions programs and appropriate legislation.
- Highly analytical and self-motivated, adept at working independently and in a dispersed team environment covering multiple and varied tasks.
- Capable of working collaboratively with employees from all levels within the organization. Flexible to work in an environment where needs are continually changing.
- Corporate experience with a proven track record of managing multiple projects in a complex matrix business and operational environments.
- ntuitive, highly ethical and comfortable to question and challenge when required.
- Ability to multi-task and able to work with minimal supervision.
- Excellent analytical and data analysis skills including use of MS Office systems including Word, Access, Visio, Excel. (advanced), Power Point, SharePoint and other applications
- Excellent and professional written, presentation and communication skills.
- Some travel and extended business hours (conference calls, video calls and web based meetings) may be required.
Application Closing Date
Not Specified.
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2). Director, Network Processing
Location: Lagos
Job Description
- The Global Network Processing has overall business responsibility for growing network processing on VisaNet globally.
- As a Director with specific focus on network processing, this role will include responsibility for integration of business and processing achieving synergies of processing and product strategies.
- Additionally, Real-Time Payments and Open Banking focus on building and deploying innovative technologies to modernize payments around the world.
- To affect this global transformation, we are looking for leaders who are passionate about innovating and delivering truly differentiated payment solutions for specific marketplaces.
- Successful execution of this role will be achieved through a combination of leadership, payments and delivery knowledge, business, communication, and strategy skills in applying Visa’s overall payments offering.
Key Responsibilities
- Lead Visa’s Processing, RTP and Open Banking strategy and agenda with the Government, Central Bank, and other regulatory institutions. Engage with these entities to maximize Visa’s influence within the electronic payments industry.
- Build effective partnerships with the Visa’s internal functions to ensure they are aligned to supporting priorities, in-market initiatives etc. and drive accountability for performance.
- Partner with regional product and executive teams to execute Visa’s regional strategy for RTP and Open Banking.
- Get buy-in for key activities and investment requirements as well as partnership requirements.
- Lead business development initiatives to respond to regional RFIs and RFPs, all while establishing strong working relationships across key banks, central banks, and other payment regulatory bodies.
- Manage closely Visa’s risks and issues in relation to Processing, ensuring effective risk mitigation and escalation as required internally and externally with government counterparts.
- Take overall responsibility of financial targets/goals for Processing in the assigned markets.
- Provide thought leadership on issues related directly or indirectly to the Processing and monitor the implementation of decisions taken by the different governance layers (e.g. Steering Committee, CEMEA Leadership Team, etc.).
- Recommend solutions to identified roadblocks across all areas of the business.
- Provide professional advice and consultancy to relevant stakeholders covering both tactical and strategic objectives.
- Undertake assessment of completed activities and deliverables to ensure deliverables are consistent with the Processing Strategy goals.
- Ensure the regional and country sales teams are effectively communicated to and that strategies and actions plans are understood by the relevant stakeholders.
- Support the establishment of a Processing budget to achieve business objectives.
- Identify, qualify, and quantify market specific opportunities in close cooperation with relationship management and product teams.
- Demonstrate a strong understanding of Visa’s processing capabilities overall with specific knowledge and leadership of network processing objectives.
- Ensure appropriate end to end project management including the testing and implementation of new processing opportunities with clients.
- Build revenue models associated with the delivery of new processing opportunities.
- This is a hybrid position. Hybrid employees can alternate time between both remote and office. Employees in hybrid roles are expected to work from the office 2-3 set days a week (determined by leadership/site), with a general guidepost of being in the office 50% or more of the time based on business needs.
Qualifications
- Graduate School or Master’s Degree Preferred.
- Knowledge and understanding of payment processing including products and services, business systems and processes.
- Card issuer, banking, Retail banking, financial services sector or payment business experience.
- Strong Project management skills.
- Excellent time management skills and ability to achieve goals with minimal management oversight.
- Proven technical skills.
- Expert understanding and influencing the direction in Nigeria and West Africa by selling the VisaNet story (features, benefits, et al).
- Strong communication, interpersonal and collaboration skills to influence direction and change attitudes and decisions of senior level international bankers.
- Strong self-management skills including demonstrable drive and energy.
- Sales, business development experience and proven negotiation skills.
- Multicultural sensitivity and interpersonal relationship management, including the ability to work effectively within Sub Saharan Africa.
- Candidate must have the ability to travel frequently.
Application Closing Date
Not Specified.
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3). Director Risk Management, West Africa
Location: Lagos
Job type: Full Time
Job Family Group: Technology and Operations
Job Description
- Ecosystem Risk Management: Maintain a heightened awareness of the country/regional business environment, payment systems, and other risks to clients operating in each market.
- Stay informed about past and present tactics used to mitigate these risks. Serve as the main advisor to business and risk teams.
- Monitor local risk-related trends and developments, such as fraud schemes, regulatory changes, and key developments required to enhance the risk profile of partners and clients as well as Visa’s risk posture.
- Take the lead in protecting the payment ecosystem by proactively managing Visa’s Ecosystem Integrity programs with internal and external stakeholders.
- Business Alignment: Align Visa’s risk-related objectives and activities with Visa’s business goals in the region to optimize long-term growth. Ensure that risk management strategies support and enhance the overall business strategy.
- Risk Relationship Management: Engage key stakeholders, including clients, law enforcement, government, and other relevant entities, to secure support for Visa’s goals and address identified risks. Foster strong relationships to facilitate risk management efforts. Be the primary Visa risk expert advisor to key clients in the market. Drive risk engagement and provide focus to key clients, fintech, merchants, and emerging payment stakeholders. Develop and execute a client engagement plan and materials to help clients optimize fraud performance, and determine the type and frequency of engagements. Maintain a database of key internal and external client contacts and a client engagement calendar. Develop and execute a constructive engagement plan for external payment system stakeholders (law enforcement, government, etc.).
- Thought Leadership: Differentiate Visa by demonstrating thought leadership on risk issues to payment system stakeholders. Utilize insights from local, regional, and global sources to influence and guide risk management practices. Orchestrate client meetings (e.g., sub-regional Risk Executive Councils, meetings) and industry forums (Risk Summits) of payment system stakeholders (e.g., clients, law enforcement, regulators, and industry participants) to drive greater awareness and support for Visa’s payment system risk strategy. Be the point of reference in all risk-related engagement with regulatory and industry bodies. Positively influence regulations and risk/security-related practices to ensure a strong payment ecosystem and a growth environment for Visa, its clients, and the industry. Differentiate Visa as a digital payments leader by providing clients and other stakeholders with value-added insights, best practices, conducting onsite market fraud prevention seminars (or webinars), and educational materials.
- Communication: Ensure effective communication and provide marketplace feedback regarding Visa’s risk-related programs, policies, and other activities. Maintain transparency and keep all relevant parties informed about risk management initiatives and outcomes.
- This is a hybrid position. Hybrid employees can alternate time between both remote and office. Employees in hybrid roles are expected to work from the office 2-3 set days a week (determined by leadership/site), with a general guidepost of being in the office 50% or more of the time based on business needs.
Qualifications
- At least 10 years of risk management/payments experience gained through banking, technology, and/or operations.
- Degree qualified from a recognized university, post-graduate qualifications preferred.
- Experience in managing fraud risk, transaction monitoring operations, application fraud assessment, and suspicious transaction review.
- Good understanding of and or experience with money laundering typologies.
- Assessed impact of regulation on business or operations, responsible for responding to regulatory requirements, and participated or led responses to regulatory supervision or scrutiny.
- Good understanding of and/or experience with the credit risk landscape across the credit lifecycle.
- Experience with maximizing portfolio performance within the confines of local regulation.
- Led the underwriting of merchants for an acquirer or led the underwriting for small and medium businesses for commercial lending, managed client due diligence operations, and client onboarding process ownership.
- Good understanding of and experience with acquiring risk with hands-on application experience improving the acquiring risk posture of an entity.
- Hands-on experience with merchant or SME credit underwriting and lifecycle management from a risk perspective.
- Good understanding of illegitimate transaction flow typologies, root causes, and key signs.
- Managed third-party risk assessment, responsibility for evaluating risk controls, and reviewer of risk control reporting in the organization.
- Good understanding of the role of different players in the payment ecosystem.
- Good understanding and/or experience with managing third-party risk.
- Self-starter with excellent communication skills, both oral and written.
- Ability to drive results with multiple stakeholders and cultivate strong and trusted relationships with internal stakeholders, clients, partners, and regulators.
Application Closing Date
Not Specified.
How to Apply: Interested and qualified candidates should use the links below to apply: