Job description:
- Oversee supervisory and regulatory reporting for the SEA sub-region, ensuring all reporting timelines are met including to efficiently handle supervisory and regulatory notices and requests including consultations, queries, and operational security events.
- Lead the preparation of deliverables to meet Visa’s compliance obligations, by engaging internal stakeholders - Government Engagement, Legal, Compliance, Product, and Finance departments and providing timely updates to the respective Country teams.
- Actively collaborate with internal stakeholders across various functions to influence policies and reporting changes, as well as to manage regulatory outcomes. Implement necessary adjustments to ensure compliance and minimize business disruption. Proactively participate and provide support internally in preparation for engagements with government stakeholders.
- Assist with securing and maintaining Visa operating licenses in key markets (as necessary), complying with all requirements.
- Act as the primary internal coordinator for incident and security management, ensuring swift and effective responses within the region, and if required providing the requisite notifications to regulators and/or clients.
- Maintain and manage the supervisory risk register and update the obligations.
- Lead external supervisory and regulatory audits and collaborate with issue owners to resolve recommendations. Participate and support in internal audits.
- Drive change management process for new supervisory reporting to be implemented and periodically review these obligations for efficacy and relevance.
- Provide regular and ongoing reporting, metrics and information related to regulatory and supervisory management, and support the regional team in identifying key regulatory and supervisory topics to disclose to the regional leadership team.
- Develop insights on supervisory and regulatory reporting issues to enhance business response and risk governance practices, including proactive engagement with supervisory departments of regulatory bodies and advice Visa on supervisory and regulatory policies.
- Coordinate Risk, Fraud, Data Security, PCIDSS related inputs, and ensure periodic reviews arising out of regulatory obligations.
- Respond to client inquiries regarding audits and supervisory risks, fulfilling regulatory obligations.
Job requirements:
- Bachelor’s Degree (or equivalent)
- 8-10 years of relevant experience in one of the following functions: Corporate/Risk Governance, Risk
- Management, Compliance, Audit, Regulatory Management, Legal or related areas
- Experience with regulatory management (direct or indirect)
- Experience in payments or banking or related segments, or alternately, good understanding of payments business and associated risks
- Understanding of current and emerging payment system regulatory trends and obligations in Asia Pacific, specifically SEA
- Positive, proactive, solution-oriented problem solver who gets things done within a matrix organization
- Experience in preparing, and reviewing, and delivering executive level communications
