Credit Settlement Risk Director

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**:
The primary responsibility of the Credit Settlement Risk Director is to protect the Visa from settlement losses by ensuring that settlement risk issues are appropriately identified and mitigated. The Credit Settlement Risk Director will have the opportunity to participate in the broader scope of credit settlement risk management by analyzing and monitoring existing Visa clients (mainly Financial Institutions and increasing number of Corporates) and recommending mitigation strategies

In addition, the position will work closely with various internal functions, key external stakeholders that participate in the Visa payment system, as well as with regulators in Brazil and LAC countries.

The Sao Paulo based position will report directly to the Senior Director, LAC Head of Credit Settlement Risk. As part of an extended Global Team, the Credit Settlement Risk Director will also be involved in managing and implementation of the Global Credit Settlement Risk Policy.
**Essential Functions**
- _
Actively engage and work closely with both internal and external stakeholders to develop strategies that support business growth while addressing risk and regulatory concerns_
- _
Diligently monitor client exposures while working with collateral administration to implement domestic and tailored collateral instruments to mitigate credit settlement risk exposures in Brazil_
- _
Anticipate client defaults (as far as possible) and manage client defaults in such a manner as to minimize risk exposure to Visa by implementing appropriate risk mitigation strategies
- _Ensure that Credit Settlement Risk issues are adequately identified for all products and decision risk assessments_
- _

Qualifications**
Basic Qualifications**
- 10 years of work experience with a Bachelor’s Degree or at least 8 years of work experience with an Advanced Degree (e.g. Masters/MBA/JD/MD) or at least 3 years of work experience with a PhD
**Preferred Qualifications**
- 12-15 years of work experience with a Bachelor’s Degree or 8-10 years of experience with an Advanced Degree (e.g. Masters, MBA, JD, MD) or 6+ years of work experience with a PhD.
- Brazilian payment industry knowledge and experience is required.
- Able to demonstrate understanding in credit analysis and ability to develop processes and controls to provide management assurance of risk mitigating controls
- Ability to clearly articulate results after analyzing large scales of data to senior management as the basis for making key credit decisions
- Be analytical, organized, accurate and detail-oriented with fact-based discipline
- Fluent, both written and verbal, in Portuguese and English. Spanish desirable
- Excellent verbal and written communication skills with the ability to present clear and concise recommendations to senior management, clients, industry stakeholders and regulators
- Able to work independently and as part of the team and manage multiple tasks simultaneously in a changing environment with a high degree of accuracy and detail
- Ability and willingness to take initiative on new projects and work well in a team environment

Additional Information**
Physical Requirements**
- This position will be performed in an office setting. The position will require the incumbent to sit and stand at a desk, communicate in person and by telephone, frequently operate standard office equipment, such as telephones and computers, and reach with hands and arms.

Visa is an EEO Employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability or protected veteran status. Visa will also consider for employment qualified applicants with criminal histories in a manner consistent with EEOC guidelines and applicable local law