Senior Development Consultant

Company Description
Visa is a world leader in digital payments, facilitating more than 215 billion payments transactions between consumers, merchants, financial institutions and government entities across 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.

When you join Visa, you join a culture of purpose and belonging - where your growth is priority, your identity is embraced, and the work you do matters. We believe that economies that include everyone everywhere, uplift everyone everywhere. Your work will have a direct impact on billions of people around the world - helping unlock financial access to enable the future of money movement.
**Join Visa: A Network Working for Everyone.**

**Job Description**:
Client Services works with issuers, acquirers, processors, and merchants worldwide to develop and deliver the support model for Visa. This includes day-to-day operations and product support, back-office support, and customer performance reporting. Client Services includes the CaRDS function of Contract Management, Visa Rules, Disputes, and the Standards function which supports the structural foundation of the Visa Payments network.

Services, including Rules management, Dispute adjudication, Contract management and external Standards Body Management are provided to ensure the safety, security, and integrity of the payment system and to support Visa clients in the development of their electronic payments business.

Specifically, the Visa Rules Management (VRM) team establishes and enforces common interoperable rules and standards for our products and services by which clients must operate their Visa programs.

This is an operational role for a seasoned individual contributor, to develop Visa Rules that meet the regulatory and strategic objectives of Visa Inc. and its Clients. This covers Rules with respect to the Visa Charter Documents, Visa Core Rules & Product and Service Rules and associated Supplemental Requirements and the various laws governing payment systems across the globe.

The jobholder works independently under limited supervision. Work is mostly defined by the business but can often be quite complex with respect to assessing the impact to the wider ecosystem. The role holder will influence others within the VRM team but mostly outside the team in other job functions with regards to the practices, policies, and procedures to do with Visa Rules development. In addition, the role may need to coach and review the work of others team members who may need assistance on other Visa Rules development topics.

**Essential Functions**
This person is responsible for the development of Visa Rules including understanding the downstream impacts of business function sponsor proposals for new or updated products, systems, services, programs, or other initiatives regarding the client legal agreement. Whilst there is an emphasis on Visa Rules for the AP CEMEA region the role will also facilitate global Rules or Rules for other regions as required.

The role ensures that all drafted Rules are consistent with current Visa philosophy while adapting to market-driven change. The role must ensure that all materials meet department standards of quality and are delivered to the Visa Rules Committee (VRC) for approval.

The role requires guiding Business Function sponsors through the process of concept, development, review, approval, and publication. In addition, the role ensures that all appropriate approvals are obtained from other Visa Committees, as appropriate, as well as ensuring all such processes are documented and managed within the global function.

The incumbent will also provide Clients, Visa staff and any regulatory bodies, as needed, with accurate interpretation and analysis of Visa Rules in response to inquiries, and as a full project team member for assigned projects as required.

The role is responsible and accountable for:

- Ensuring Visa Rules reflect the goals and strategy for Visa Inc.
- Provision of advice and interpretation on all regulatory matters, as documented in the Visa Rules to Clients and staff
- Coaching and reviewing the work of less experienced professionals in the team
- Management of multiple revision topics with Business Sponsors at any one time prioritizing as appropriate and provision of direction to staff in various Visa business functions
- Ensuring that the Visa Rules are easy to understand and do not leave Visa open to any unintended consequences
- Primarily responsible for the development of new and revised Visa Rules (Global and Regional Complex and Standard proposals) and secondarily for also processing waivers.
- Support of the Visa Rules Committee Due Diligence and Governance Process
- Review of Visa Business News (VBN’s) prior to release
- Communicating waiver approvals to impacted clients
- Managin