Credit Risk Manager

The Credit Risk Manager will assist the Director, Financial Risk Lead at Visa Direct for credit risk. Reporting to the Director, the role with provide timely and high-quality output to internal stakeholders relating to assessing credit risk, undertaking risk analysis and making recommendations for risk treatment activities consistent with applicable frameworks, policies and Visa s Risk Appetite.

This role would benefit from some understanding of the payments and financial services industry, business environment and implementing risk treatment activities within that setting. Must work collaboratively with cross functional geographically diverse teams both externally and internally to execute against a common goal of protecting the Visa Enterprise.

Candidate will be responsible for:

• Ongoing support of the Visa Direct Credit Risk Policy, seeking to minimize losses that results from exposures to Network Partners and Clients FX trading, including:
  • Analysing financial data from balance sheets and income statements etc. to credit assess third parties and clients in line with the Framework/Policy on a daily basis.
  • Daily monitoring exposure limits for Network Partners and margin requirements for Client FX flows, ensuring adherence to Visa s risk appetite.
  • Working with 1st line teams to prepare materials for the approval of credit risk waivers to the appropriate governance forums on ad hoc basis.
• Ongoing support of the oversight of the credit risk, working closely with colleagues across various businesses to assess exposure and periodically deploy appropriate risk mitigation measures, including stress testing, scenario and market risk analyses.
• Assisting ad hoc implementation of a suite of risk metrics reporting to help identify of risks, the ongoing monitoring of risks, the measuring financial risk exposures investigating limit breaches for timely action.
• Ad hoc production of timely and effective management information and analysis to help inform key business and risk decisions, including preparing Committee quarterly reports to be used in the discussion with senior management, to respond to credit risk related questions during the meetings to support the discussion.
• Support periodic updates to senior leadership, regulators and other external parties on Visa s financial risk management activities for the Visa Direct business unit.

This is a hybrid position. Expectation of days in the office will be confirmed by your Hiring Manager.

Requirements:
Several years of experience of credit risk analysis with a strong analytical ability for analysing creditworthiness of small and medium-sized enterprises, fintechs, large corporates and financial institutions An understanding of FX, trading and payment products and services, and of the wider economic environment and competitive landscape Familiarity of Financial Risk Management techniques and approaches, including hedging, underwriting, credit risk governance and controls, stress testing, and scenario analysis for both day-to-day and theoretical analysis Strong interpersonal and collaboration skills, excellent verbal and written communication skills, methodical and meticulous with high attention to detail. Self-starter, confident dealing with senior executives, and to think on their feet in a time critical environment A curious attitude and a want and drive to challenge the status quo to deliver innovative risk management solutions within a business growth mindset Additional Requirements: Bachelor s Degree in STEM or finance and/or a CFA qualification is preferred. Excellent interpersonal, presentation, communication and facilitation skills, plus ability to work independently and effectively in a continually changing environment Ability to develop strong relationships and work with all organizational levels. Proficiency in MS Word, Excel, Access, PowerPoint Preferred: Knowledge, skill and understanding in applying risk management practices Commercial, front end, client facing experience, understanding of the Payments industry and Visa Products and Services Knowledge of Visa s Global Risk programs Familiarity of regulated environments, including direct engagement with supervisors