Senior Manager, Third-party Risk Management Asia

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**

Reporting to the Head of AP Risk Strategy & Operations, the AP Corporate Risk team acts as a Second Line of Defense function, oversees Visa’s risk profile, and challenges the First Line business functions through:

- managing supervisory relationships and ensuring appropriate risk governance oversight
- partnering with business to identify, assess, report, monitor and ensure appropriate risk management
- implementing operational risk management to build resiliency, meet regulatory expectations and support effective business decisions, and
- partnering with stakeholders to safely onboard and monitor third party suppliers to support & enable Visa’s business objectives
**What a** Senior Manager Third-Party Risk Management** **does at Visa**

The Senior Manager Third-Party Risk Management will be part of the AP Corporate Risk team. The Senior Manager leads the Third-Party Lifecycle Management Program (TLMP) for the AP region, is expected to ensure all aspects of the assigned functions adhere to the Third-Party Risk Management Policy and Procedures, as well as support the wider Corporate Risk responsibilities.

Specifically, on TLMP:

- Lead and execute the Third-Party lifecycle management program for Visa AP, including risk assessment of new suppliers and periodic risk assessment of existing suppliers
- Proactively engage with the business to educate stakeholders on the TLMP
- Partner with Sourcing leads and Business Partners on key sourcing needs by providing training, strategic support and recommendations to advance procurement initiatives and processes
- Conduct risk related contract provision reviews on third party agreements to ensure contracts reflect governing risk obligations
- Be responsible for compiling periodic management reporting and progress dashboards
- Ensure Third Party Risk Management policy and procedures, and Visa Supplier Manager tool capabilities are implemented according to approved goals and policy
- Actively identify, prioritize, and pursue opportunities to enhance Visa’s third-party risk management processes and introduce innovative approaches and solutions to optimize efficiency and effectiveness

In addition, supporting the wider Corporate Risk team when required and in alignment with development objectives. Support areas could include Risk Control and Self-Assessment (RSCA), Operational Resilience, Enterprise Risk Management and New Business Initiative Assessment (NBIA).
**Why this is important to Visa**

Visa owns the most recognizable global brand in the financial services industry. With new and diverse players entering the payments ecosystem, constant innovation and increased government intervention, the industry is becoming highly complex with the risks landscape evolving quickly.

It is Visa’s responsibility to ensure that third party activities are performed in a safe and sound manner and in compliance with applicable laws.

**Qualifications**:

- Degree in any relevant discipline
- 10+ years of work experience in a multinational, matrix organization
- Solid understanding of third-party risk management, Anti-Bribery, Information Security, Business Continuity, Physical Security, Records Management, Call Center, Reputational and Financial risks
- Proficient working knowledge of contract terms and conditions
- Robust understanding of the inherent risks associated with engaging suppliers to perform services and support projects/initiatives
- Capable of comfortably leading meetings, delivering presentations and interacting with stakeholders of all hierarchy levels and cultural backgrounds
- Ability to communicate complex issues in a clear, concise and impactful way
- Strong attention to detail and solution-oriented, in good relationship with stakeholders
- Positive, naturally curious and creative in solving problems
- Self-starter with the ability to prioritize and pursue multiple initiatives simultaneously

What will also help
- Experience working with supplier or vendor assessment frameworks, information security and/or operational risk programs within the payment industry
- Experience