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122 Visa Jobs

Manager - Risk Consulting, Visa Consulting & Analytics

6-11 years

Mumbai

1 vacancy

Manager - Risk Consulting, Visa Consulting & Analytics

Visa

posted 12hr ago

Job Description

The Manager Risk Consulting is responsible for supporting across various Risk advisory services to Visa s clients (Issuers, Acquirers and Merchants) in the Fraud Risk space. The Manager will report into the Head of Risk Consulting Practice, VCA - India and South Asia (INSA) will contribute to the delivery of Fraud Risk advisory engagements. This individual will bring expertise in Fraud Risk functional domain gained as 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 Manager Risk Consulting:
  • Act as a domain expert in Risk, to inform business strategies across the product lifecycle (acquisition, underwriting, customer management, portfolio risk management)
  • Support the delivery of Fraud Risk advisory engagements across INSA
  • Help in pre-sales / business development content creation and client pitches
  • Lead the delivery of PSR/ Authorization projects
  • Support in develop Risk advisory related knowledge and capabilities creating next generation risk engagement with Visa clients
  • Help in establishing Intellectual Property (IP) risk repository for VCA by capitalizing on learnings from consulting engagements (eg, build standard methods, create library of case studies, templatize modeling codes)
  • Reengineer and/or package risk consulting methodologies and data driven solutions as appropriate, ensuring world-class best practices and efficiency through economies of scale
  • Share methodologies and best practices of Fraud Risk Project with other VCA regional teams
  • Ensure consistency, standards & quality control of Risk methodologies in AP
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 issuer and acquirer solve their strategic business problems and drive growth. We are looking for an individual to join us as a Manager Risk Consulting. This individual will support in expanding VCA consulting engagements with our Issuers and Acquirer to drive risk related advisory engagement.
 
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 on credit Risk:
  • Risk strategy - Designing fit-for-purpose fraud risk strategy
  • Risk diagnostic - Identify opportunities to optimize risk management
  • Authorization Optimization - Define optimal authorization strategy with balanced risk control measures
  • STIP Optimization - Define optimal STIP strategy with balanced risk control measures
  • Fraud Strategy & Process Optimization - Enhance fraud risk management strategy with optimal detection performance
  • Fraud Risk Prediction/Scoring - Development of statistical models based on client data to predict the likelihood of fraud occurrence
  • Fraud Rule Optimization - On-behalf execution of fraud risk management for clients to optimize performance & enhance detections
  • Innovation - Industry Insights, Thought Leadership, Strategic Risk Advisory, Solutions and Playbooks
  • Enterprise Fraud Framework & Strategy - Develop future state Fraud Strategy & Framework leveraging global best practices
  • Acquiring Risk - Merchant on-Boarding & Activation, Application Fraud Management
Specific skill set and experience required:
  • 6+ years of relevant experience in Credit Cards Risk Management/Analytics either with issuing banks or a risk practitioner in a consulting Firm
  • Masters degree, ideally in a quantitative field (eg, engineering, mathematics, science)
  • Outstanding problem-solving skills, with demonstrated ability to think creatively and strategically
  • Impeccable team player, able to gracefully work with and influence people at all levels
  • Strong financial acumen and understanding of profitability drivers of financial institutions
  • Excellent communication, storytelling and presentation skills
  • Self-motivated, results oriented individual with the ability to handle numerous projects concurrently
  • Technology-driven mindset, digitally curious, up to date with digital and technology literature, trends
Relevant experience shall include:
  • Curious, up to date with Indian payment landscape with a point of view on what & how of client priorities & problems
  • Experience in fraud risk analytics
  • Deep understanding of the consumer fraud risk landscape in India , processes and protocols
  • Expertise in Fraud Management (prevention, detection, response)
  • High level understanding of the implications of digital transformation on risk management
What will also help:
Direct relevant experience in consulting roles and or payment / technology firms

Employment Type: Full Time, Permanent

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