The primary responsibility of the Senior Credit Risk Manager is to protect the Visa from settlement losses by ensuring that settlement risk issues are appropriately identified and mitigated. The Senior Credit Risk Manager will have the opportunity to participate in the broader scope of credit risk management by analyzing and monitoring existing Visa clients (mainly Financial Institutions and increasing number of Corporates) and recommending credit rating assignments for new clients. In addition, the position will work closely with various key internal and external stakeholders that participate in the Visa payment system.
The position will report directly to the VP, LAC Head of Credit Settlement Risk. As part of an extended Global Team, the Senior Credit Risk Manager will also be involved in managing and implementation of the Global Credit Settlement Risk Policy.
Essential Functions
Perform credit analysis of new and existing clients to ensure that risk assessments are properly conducted to identify risk exposures to Visa
Identify and monitor countries and regional clients that may cause concern and implement appropriate risk mitigation strategies
Respond to ad hoc queries, analytics requirements and/or support regulatory framework defined to address growing expectations from regulators and industry with primary focus in Andean (Colombia, Ecuador, Venezuela, and Peru).
Partner with business and functional teams to engage effectively with government stakeholders, to foster sound conditions to operate, and maintain compliance with Credit Settlement Risk requirements to ensure positive outcomes with regulator in full alignment with local and Regional leaders.
Actively engage and work closely with both internal and external Senior Management to develop strategies that support business growth while addressing risk concerns
Diligently monitor client exposures while working with collateral administration to action collateral shortfalls
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 and mitigated for all Visa products
This is a hybrid position. Expectation of days in office will be confirmed by your Hiring Manager.