Director

Job description

About UsVisa is a world leader in payments technology, facilitating transactions between consumers, merchants, financial institutions and government entities across more than 200 countries and territories, dedicated to uplifting everyone, everywhere by being the best way to pay and be paid. At Visa, you'll have the opportunity to create impact at scale — tackling meaningful challenges, growing your skills and seeing your contributions impact lives around the world. Join Visa and do work that matters – to you, to your community, and to the world. Progress starts with you. Job Description Team Summary: Visa Consulting & Analytics (VCA) is Visa's consulting division, serving Visa's clients (including card issuers, acquirers and merchants) and solving their strategic problems focused on improving performance and profitability. Drawing on our expertise in strategy consulting, payments, data analytics, marketing, operational and macroeconomics, VCA drives high impact and tangible financial results. In Asia Pacific (AP), VCA has geographically focused teams and the hub practice teams, which provides expertise in specific industry or functional verticals (Digital, Risk, Business Solutions, Acquiring & Merchant) What the Director Fraud Risk, Visa Consulting & Analytics does at Visa: The VCA Risk Advisory Practice team is responsible for delivering Risk advisory services to Visa’s clients (Issuers, Acquirers and Merchants) across Fraud and Cyber Risk. The Director Fraud Risk will report to the VCA Fraud Risk Lead, Asia Pacific within the VCA Risk Advisory Practice team and will contribute to the delivery of Fraud Risk advisory engagements. This individual will bring expertise in both the Fraud Risk functional domain and in risk analytics gained as Risk practitioner 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 Director Fraud Risk: • Act as a domain expert in Fraud Risk, to inform business strategies across the fraud risk credit lifecycle • Lead/support the delivery of Fraud Risk advisory engagements across Asia Pacific • Collaborating with the client’s team (both internal and external) to understand the business problem and desired business outcome • Collaborate with the VCA Asia Pacific hub team and be accountable for planning, resourcing, performance, oversight and delivery • End-to-end delivery of multiple projects within timelines, scope and budget requirements • Ensuring all project documentation is up to date and maintain the highest levels of quality in deliverables • Develop Fraud Risk advisory related knowledge and capabilities creating next generation risk engagement with Visa clients • Act as an expert in Fraud Risk Strategy & Analytics to develop Fraud Risk data driven solutions across the client life cycle including Origination, Transactions with focus on Fraud Optimization, Fraud Risk Prediction/Scoring and other leading capabilities. • Partner with in-market VCA consultants and data scientists to deliver fraud risk-related advisory engagements • Establish Intellectual Property (IP) risk repository for VCA by capitalizing on learnings from consulting engagements (e.g., 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 • Partner with other Visa functions (e.g., Risk, Products) to capitalize on existing risk products/solutions and co-design new ones leveraging Visa’s assets (expertise, data, capabilities) • Share methodologies and best practices with other VCA regional teams • Ensure consistency, standards & quality control of Fraud Risk methodologies in AP • Provide deep subject matter expertise and thought leadership by publishing articles and white papers 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 merchants solve their strategic business problems and drive growth. 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: • Enterprise Fraud Framework & Strategy - Develop future state Fraud Strategy & Framework leveraging global best practices • 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. 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 ne