Company Description
Visa is a world leader in payments and technology, with over 259 billion
payments transactions flowing safely between consumers, merchants,
financial institutions, and government entities in more than 200 countries
and territories each year. Our mission is to connect the world through the
most innovative, convenient, reliable, and secure payments network,
enabling individuals, businesses, and economies to thrive while driven by
a common purpose - to uplift everyone, everywhere by being the best way to pay
Make an impact with a purpose-driven industry leader. Join us today and
experience Life at Visa.Job Description
The DPS Product Regulatory and Compliance team is seeking a Regulatory
Compliance Manager with strong leadership and risk management experience. This
individual will report directly to the Director responsible for DPS Regulatory
Compliance. The role requires independent assessment and addressing of
regulatory risks in collaboration with product owners.
The successful candidate will closely collaborate with various teams including
Product Development, Technology, Product Operations, Client Services,
Governance, Global Compliance, and the Privacy, Product, and
Regulatory Legal t
They are a subject matter expert on financial regulations such as UCC, Reg
E, Reg Z, Card Act, GLBA, UDAAP, GDPR, among others.
This position will also involve client-facing responsibilities,
collaborating with client-facing teams to understand their positions on
regulations, assisting in solutioning and translating regulations into
executable requirements.
In this role, you will track and identify changes in the regulatory
landscape that could affect our products, working to reduce risks,
educating our teams to ensure ongoing compliance.
As a regulatory and product expert, the Regulatory Compliance Manager will
collaborate to assess regulatory risk and find compliant, automated, and
user-friendly solutions. They will ensure DPS Products and Value-Added
Services meet regulatory, security, and industry standards such as PCI,
NACHA Rules, FedNow, among others. This role operates in a highly matrixed
environment and requires deep integration with various DPS products.
Principle Scope, Responsibilities and Key Results Areas:
You will be accountable for the regulatory inventory, regulatory compliance
products library for DPS Products.
You will be responsible for assigned DPS Products Accountable collaborating so
product owners understand how regulations affect their product.
You will collaborate with product owners, technology, and others to track
and drive change so our ensure regulatory compliance.
You will monitor regulatory environments assisting your product teams in
finding and understanding changes in regulations through new legislation,
changes in guidance, interpretations, consent orders, examiners
manuals, and other sources.
You will be working with product on new and improved features and products
research and identify regulations and review them for applicability working
with product, legal, and others. Review through various processes like our
NBIA and PRA processes.
You will lead the creation of training for regulations applying it to products
using Visa University, Legal, and key stakeholders.
Assess as needed new products, vendors, and partnership working to ensure
regulatory excellent and adherence to Visa's policies.
You will collaboratewith other key members of the team, provide support for
Audit, Security and Compliance activities related to DPS Products and
Value-Added Services within the scope of the applicable Visa policies.
Coordinates audit follow-up and corrective action planning.
Perform regulatory assessments of the focus areas including review of
processes and procedures, adherence by staff and make recommendations to
improve internal controls and compliance
Develops positive and initiative-taking approaches to regulatory compliance to
ens re client satisfaction.
Experience drafting process maps to assist with documentation of DPS
operational activities.
Support preparation of internal and external audits and compliance in
accordance with regulatory standards.
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
Basic Qualifications:
5 or more years of relevant work experience with a Bachelor's Degree or at
least 2 years of workexperience with an Advanced degree (e.g. Masters, MBA)
Preferred Qualifications:
6 or more years of work experience with a Bachelor's Degree or 4 or more
years of relevantexperience with an Advanced Degree (e.g. Masters, MBA, JD)
5+ years of experience in the payments industry (prepaid, debit,
credit, fintech, network processing,issuer processing, acquiring,
money transfer, etc.).
Current relevant experience in Regulatory, Product, and or Compliance is
required.
Demonstrate broad security and regulatory knowledge across common industry
policy bodies.These may include UDAAP, Reg E, Reg Z, Reg II, Reg J,
GLBA, eSign, FFIEC, OCC, and others
Professional current certification such as AAP, APRP, CRCM, CCS, or
similar preferred * Experience ininnovative developing strong compliant
solutions. * Ability to understand complex technical andbusiness solutions and
write detailed requirements.
You have a demonstrated ability to synthesize information and make clear,
concise recommendations oncourse of action by means of written, oral
communication
Demonstrated ability to influence internally and externally.
You have the aptitude to think creatively and identify new ways to approach
common problems.
Ability to prioritize projects to meet timelines efficiently, adapt to
changes in priorities quickly and manage multiple initiatives simultaneously.
Capable of working independently while also being team oriented,
collaborative, diplomatic and flexible.