Company Description
Visa is a world leader in payments and technology, with over 259 billion payments transactions flowing safely between consumers, merchants, financial institutions, and government entities in more than 200 countries and territories each year. Our mission is to connect the world through the most innovative, convenient, reliable, and secure payments network, enabling individuals, businesses, and economies to thrive while driven by a common purpose – to uplift everyone, everywhere by being the best way to pay and be paid.
Make an impact with a purpose-driven industry leader. Join us today and experience Life at Visa.
Job Description
The Visa Institute for Global Policy within the Government Engagement organization shapes the future of payments through proactive engagement with national authorities, multilateral development banks, academic thought leaders, and international institutions.
As a member of the International Organizations Engagement vertical in Visa’s Institute for Global Policy, the Director will advance Visa’s international organization strategy and support engagement with Basel-based financial institutions including the Financial Stability Board (FSB), Bank of International Settlements (BIS) / Committee on Payments and Market Infrastructure (CPMI). The Director will also engage other global institutions, such as the International Monetary Fund (IMF), and central banks, as needed.
The Director will be accountable for mapping, establishing and maintaining relationships with key stakeholders in the relevant organizations. In addition, the candidate will be responsible for advancing Visa’s strategy related to the G20 Roadmap on Enhancing Cross-Border Payments. The position will report to the Sr Director and Head of International Organization Engagement.
Key responsibilities include
Lead Visa’s international policy engagement with central banks and other global policymaking institutions such as FSB, BIS, CPMI, and the BIS Innovation Hub.
Execute strategic engagement opportunities with regional regulators and policy makers to ensure Visa is well positioned to influence the regulatory environment for domestic and cross-border payments.
Develop a deep understanding of Visa’s payments capabilities, with an emphasis on Visa’s cross-border payments, money movement, and digital asset – including Central Bank Digital Currency (CBDC) solutions and how they could be better leveraged by the public sector in improving digital inclusion and in resolving cross-border payment frictions.
Advance Visa’s position regarding regulatory and policy proposals on payments policy issues, including cross-border payments regulatory challenges.
Promote public policies that ensure a level playing field for private sector innovation in payments.
Assisting the Sr. Director in identifying strategic engagement opportunities with international organizations to ensure Visa is well positioned to influence the regulatory discourse on a broad range of key policy issues.
Anticipate the impact of new innovations on international regulatory priorities and advise Visa business leaders on the risks and opportunities arising from new products and solutions.
What we expect of you, day to day
As an experienced leader on international policy, global payments innovation and/or money movement, you will engage with international organizations to help explain how private sector innovation is resolving payment frictions.
You will communicate timely and effectively with executives to ensure awareness of main regulatory/policy developments and strategy to protect Visa business and reputation.
You will advise regional Government Engagement colleagues on the evolution of IMF and World Bank financial sector assessment programs and their potential impact on national regulation.
You will work with the Institute for Global Policy’s research team to identify the topics and sources required to establish Visa as a trusted thought partner to international organizations.
You should have the ability to work independently and to lead a cross-functional project team.
This is a hybrid position. Hybrid employees can alternate time between both remote and office. Employees in hybrid roles are expected to work from the office 2-3 set days a week (determined by leadership/site), with a general guidepost of being in the office 50% or more of the time based on business needs.
Qualifications
Basic Qualifications
- 10 or more 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 or more 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
- Law, Economics, Policy, or Political Science degree, post graduate studies preferred
- Active network of central bankers, regulators, and policymakers
- Knowledge of and experience working with international organizations such as the IMF, FSB, etc.
- In-depth knowledge of the electronic payments/banking industry/fintech
- Proven ability to operate effectively and efficiently in a challenging, fast-paced environment
- Strong financial services and/or technology interest
- Strategic advocacy and effective communication skills required
- Superior inter-personal skills and the ability to build consensus and set priorities in a matrixed organization
- Ability to think creatively and innovatively
- A team player, able to work across various Visa functions
- Excellent written and spoken communication abilities in English, knowledge of other languages appreciated.
- Enjoy writing position papers, articles, thought pieces etc.
Additional Information
Work Hours: Varies upon the needs of the department.
Travel Requirements: This position requires travel 5-10% of the time.
Mental/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.
Visa is an EEO Employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability or protected veteran status. Visa will also consider for employment qualified applicants with criminal histories in a manner consistent with EEOC guidelines and applicable local law.
Visa will consider for employment qualified applicants with criminal histories in a manner consistent with applicable local law, including the requirements of Article 49 of the San Francisco Police Code.
U.S. APPLICANTS ONLY: The estimated salary range for a new hire into this position is 160,600.00 to 232,900.00 USD per year, which may include potential sales incentive payments (if applicable). Salary may vary depending on job-related factors which may include knowledge, skills, experience, and location. In addition, this position may be eligible for bonus and equity. Visa has a comprehensive benefits package for which this position may be eligible that includes Medical, Dental, Vision, 401 (k), FSA/HSA, Life Insurance, Paid Time Off, and Wellness Program.
