Director, DSIP Governance, Risk & Compliance


June 11, 2021

Company Description
As the world's leader in digital payments technology, Visa's mission is to connect the world through the most creative, reliable and secure payment network - enabling individuals, businesses, and economies to thrive. Our advanced global processing network, VisaNet, provides secure and reliable payments around the world, and is capable of handling more than 65,000 transaction messages a second. As a result, Visa has the world’s largest consumer payment transaction data set. Beyond transaction data, we also have the greatest behavior data set on the planet. Our Data, Security & Identity Product Team (DSIP) is just one team at Visa that creates products to use this data to drive better outcomes for consumers, clients and economies.
Visa has invested heavily in advanced authentication and fraud prevention technologies, and the company continues to develop and deploy new and innovative programs to fight fraud, enable acceptance, and support consumers. This foundational set of investments, allows us to also deliver products to help clients (issuing banks, acquirers, and merchants) optimize their business beyond payments. We enable them to understand the behavior of their customers so they can bring products and services to market that more effectively meet their customers’ needs.
The company's dedication to innovation drives the rapid growth of connected commerce on any device, and fuels the dream of a cashless future for everyone, everywhere. Visa is applying our brand, products, people, network and scale to reshape the future of commerce.
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. Our Company is 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 doing meaningful work that brings financial literacy and digital commerce to millions of unbanked and underserved consumers.
You're an Individual. We're the team for you. Together, let's transform the way the world pays.
Our team is at the forefront of leading our Company’s efforts to ultimately deepen our partnerships with our clients while producing real business outcomes for them.

  • Are you a proactive problem solver?

  • Are you a natural challenger of status quo?

  • Are you inspired to ideate new ways for the business to create value for clients, to enable and inspire our partners to do the same?

  • Are you biased towards action, and eager to get it done?

If so, join us!
Job Description
The Director, Model Governance, Risk and Compliance for Data Security Identity Products (DSIP) will be responsible for defining and owning the end-to-end strategy for DSIP first line of defense risk management. The person selected for this role will be responsible for execution of this strategy to provide assurance for the model governance internal and external communications, risk, and compliance operations.
The role is responsible for the management of the model governance program to ensure appropriate internal control, review, maintenance, reporting, and handling of model governance documentation. This includes development of standard processes, templates and training for model management and model governance. The person selected for the role will partner with the product teams (developing the products that use the models) and Data Science to coordinate model governance activities between Visa and the clients who use the products that leverage Visa models. In addition, this person will be the primary contact for coordinating activities with the 2nd Line Risk Management functions, Internal Audit and Regulators.


Model Governance Documentation Communication, Model Risk Management
  • Develop and maintain policies related to model management and governance in line with regulatory requirements (e.g., OCC 2011/12)
  • Maintain centralized model inventory for DSIP
  • Define roles and responsibilities for model governance; maintain inventory of critical roles and responsibilities (specifically, model risk ownership)
  • Support efforts led by product to coordinate model governance efforts with the clients who use Visa models
  • Define the standard and the delivery of model independent testing for Visa clients

Risk & Compliance Management
  • Drive strategy definition and execution of risk management processes
  • Drive the planning and execution of prioritized organizational initiatives
  • Provide the processes and systems that enable efficient tracking, reporting and follow up on risk and model metrics with cross functional teams
  • Manage risk and model governance projects to define scope and develop plans that drive deliverables towards on time and if applicable, on budget delivery
  • Partner closely with leaders to align goals and operational metrics in support of the department’s strategic planning and review process
  • Participate/Lead in Risk Management working group and committee forums
  • Develop metrics and reporting dashboards for leadership
  • Collaborate with cross functional groups to execute upon stated deliverables; and
  • Serve as a risk thought leader, consultant, and project lead for critical initiatives


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+ 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
  • 12+ years Model Governance, Model Risk Management, Risk Management, Compliance or Internal Audit Experience
  • Strong communicator – can flex communications to tailor to audience – re: subject matter (i.e. knows how to communicate what is important, why it is important, impact to the business, etc to an audience that does not have the depth of risk experience)
  • Seasoned professional and relationship manager who can be left to manage key stakeholders without close management of immediate leader
  • Advanced experience with model governance, model risk management, and/or other relevant analytical background to support ability to understand and challenge model concepts
  • Advanced knowledge of traditional risk management and its relationship within a highly complex and matrixed environment
  • Experience in implementing the three lines of defense concept and its application in an organization
  • Experience with risk identification, assessment, and mitigation of material risks, while assisting risk owners (1st line of defense) with development of controls and mitigation plans
  • Business/financial acumen, translating risks into quantitative business impact
  • Strong organizational skills with proven ability to collaborate in a global, matrix environment
  • Ability to engage and influence leaders and decision makers within the organization
  • Robust understanding of risk management methodologies and frameworks to drive and maintain department adoption.
  • Ability to translate observations of global trends in model governance into streamlined processes and effective internal & external communication strategies

Additional Information

Work Hours

Incumbent must make themselves available during work hours.
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
Universal acceptance for everyone, everywhere, is not only our brand promise, it’s the foundation of our company culture. We foster a feeling of connectedness in the workplace, support diversity of thought, culture and background, fight for important initiatives like Equal Pay and actively work to eliminate unconscious biases that hold us all back.
By leveraging the diverse backgrounds and perspectives of our worldwide teams, Visa is a better place to work and a better business partner to our clients.
All your information will be kept confidential according to EEO guidelines.