Director, Fraud Risk Consulting

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**
Team Summary**

Visa Consulting & Analytics (VCA) is Visa's consulting division, serving Visa's clients (including card issuers, acquirers and merchants) and solving their strategic problems focused on improving performance and profitability. Drawing on our expertise in strategy consulting, payments, data analytics, marketing, operational and macroeconomics, VCA drives high impact and tangible financial results. In Asia Pacific (AP), VCA has geographically focused teams and the Center of Excellence (COE) team, which provides expertise in specific industry or functional verticals (Digital, Risk, Business Solutions, Acquiring & Merchant)

**What the Director Fraud Risk Lead, Visa Consulting & Analytics does at Visa**:
The VCA COE Risk team is responsible for delivering Risk advisory services to Visa’s clients (Issuers, Acquirers and Merchants) across Credit Risk and Fraud Risk. The Director Fraud Risk will report into the Fraud Risk Lead within the VCA COE Risk team and will contribute to the delivery of Fraud Risk advisory engagements. This individual will bring expertise in both the Fraud Risk functional domain and in risk analytics gained as Risk practitioner and/or a data scientist within a bank and/or a specialized consulting firm. We are looking for a motivated, analytically minded individual with a track record of using Risk expertise to unlock business value.

Key responsibilities for the Director Fraud Risk:

- Lead the delivery of Fraud Risk advisory engagements across Asia Pacific
- Develop Fraud Risk data driven solutions (e.g. benchmarking tools, ML/AI statistical model)
- Participate to the expansion of Fraud Risk Managed Services
- Design and roll-out Fraud Risk advisory services and data driven solutions for Visa’s clients
- Reengineer, up-level and/or package Fraud risk consulting methodologies and solutions as appropriate, ensuring world-class best practices and efficiency through economies of scale
- Ensure consistency, standards & quality control of Fraud Risk consulting methodologies in AP
- Partner with other Visa functions (e.g., Risk, Products, CyberSource) to capitalize on existing risk products/solutions and co-design new ones leveraging Visa’s assets (expertise, data, capabilities)
Establish Intellectual Property (IP) risk repository for VCA by capitalizing on learnings from consulting engagements (e.g. build standard methods, create library of case studies, templatize modeling codes)
- Share methodologies and best practices with other VCA regional teams
**Why this is important to Visa**

With a rapid change in the payment landscape, new regulations around Open banking and Open data and the emergence of new Fintech players - the payment ecosystem is rapidly evolving, and our clients are looking to Visa as the payment experts to help them navigate through the opportunities and challenges that these changes pose. Visa with its global reach and rich transaction data set is ideally positioned to assist merchants solve their strategic business problems and drive growth. We are looking for an individual to join us as a Director Lead of the Merchants Vertical. This individual will be in charge of expanding VCA consulting engagements with merchants to drive new revenue streams.
**Projects you will be a part of**:
The nature of projects this role will play a key role in vary; this would include helping issuers and acquirers solve their most strategic business problems:

- Fraud & Authorization Optimization - Define optimal authorization strategy for payments transactions with appropriate risk controls
- Fraud Risk Prediction/Scoring - Build statistical models based on bank’s data to predict the likelihood of Fraud events occurring

At Visa, your individuality fits right in. Working here gives you an opportunity to impact the world, invest in your career growth, and be part of an inclusive and diverse workplace. We are a global team of disruptors, trailblazers, innovators and risk-takers who are helping drive economic growth in even the most remote parts of the world, creatively moving the industry forward, and doin