Senior Manager, Risk VCA at Visa - Riyadh

Visa, the global leader in digital payments, is seeking a highly qualified professional to fill the position of Senior Manager, Risk VCA at its headquarters in Riyadh, Saudi Arabia. This role presents a unique opportunity for ambitious individuals to join a dynamic team at the heart of the region's rapidly growing financial services sector.

Job Description and Responsibilities

The Senior Manager, Risk VCA will play a pivotal role in enhancing and managing the risk management framework within Visa's operations in the region. This individual will be the primary point of accountability for developing and implementing effective strategies to mitigate operational, credit, and compliance risks associated with the payments network.

Key expected responsibilities include:

• Leading the development and implementation of a comprehensive risk management framework aligned with global standards and Visa's internal policies.
• Analyzing and assessing operational and credit risks within Visa's processing and authorization network activities.
• Monitoring risk-related key performance indicators (KPIs) and preparing regular reports for senior management on risk posture and emerging challenges.
• Working closely with Compliance, Operations, and Security teams to ensure adherence to best practices and a cohesive risk strategy.
• Conducting periodic internal control assessments and proposing improvement plans to address any control gaps.
• Providing guidance, mentorship, and support to the risk management team, fostering their professional development.
• Staying abreast of local and international regulatory developments related to payments risk and ensuring operational compliance.

Qualifications and Requirements

Visa is looking for candidates with a proven track record in financial risk management, preferably within the payments, banking, or fintech sectors.

Essential Requirements:

• A Bachelor's degree in a relevant field such as Finance, Business Administration, Engineering, or Information Technology. A Master's degree or professional certifications (e.g., FRM, PRM) are a strong plus.
• A minimum of 7 to 10 years of professional experience in risk management, with a demonstrated focus on operational and/or credit risk.
• Prior experience working in a complex, highly regulated environment, such as a payment network or a major financial institution.
• Deep understanding of the electronic payments ecosystem, transaction lifecycle, and associated risks (e.g., fraud, liquidity risk, reputational risk).
• Strong knowledge of local regulatory requirements in Saudi Arabia (e.g., Saudi Central Bank - SAMA regulations) and international standards.
• Exceptional analytical and investigative skills with the ability to interpret complex data and make informed decisions.
• Excellent communication and presentation skills (written and verbal) in both English and Arabic, with the ability to articulate complex reports clearly to diverse stakeholders.
• Proven leadership skills, project management capabilities, and the ability to work effectively both independently and as part of a multicultural team.

Benefits and Perks

Joining Visa means becoming part of a culture that focuses on innovation and professional growth. While the full benefits package will be detailed during the interview process, the company is known for offering:

• A stimulating and dynamic work environment at the forefront of fintech.
• Significant opportunities for career advancement within Visa's global network.
• A competitive financial and insurance package.
• Continuous training and development programs to enhance your skillset.

How to Apply

Applications for this position are accepted exclusively through professional platforms like Naukrigulf or Visa's official careers website.

We recommend following these steps:

1. Update your resume/CV to highlight your experience and achievements in risk management, quantifying results wherever possible.
2. Prepare a concise cover letter expressing your interest in the role and how your skills align with the requirements of a Senior Risk Manager at Visa.
3. Search for the job listing titled "Senior Manager, Risk VCA" in Riyadh on the mentioned platform.
4. Submit your application through the online portal, ensuring all required documents are attached.

This position represents a significant career move for professionals aiming to make a tangible impact at one of the world's most influential payments companies, while working from the vibrant economic hub of Riyadh, Saudi Arabia.