This job has expired, please see additional jobs below
Director Treasury Settlement
Visa Inc.
New York, NY, United States
Job Details - this job has expired, please see similar jobs below
Company Description
About Visa:
Common Purpose, Uncommon Opportunity
. Everyone at Visa works with one goal in mind – making sure that Visa is the best way to pay and be paid, for everyone everywhere. This is our global vision and the common purpose that unites the entire Visa team. As a global payments technology company, tech is at the heart of what we do. CyberSource, a Visa company, has been and continues to be a pioneer within the e-Commerce Payment Management world. Our VisaNet network is capable of handling over 65,000 transaction messages per second for people and businesses around the world, enabling them to use digital currency instead of cash and checks.
We are also global advocates for financial inclusion, working with partners around the world to help those who lack access to financial services join the global economy. Visa’s sponsorships, including the Olympics and FIFA™ World Cup, celebrate teamwork, diversity, and excellence throughout the world. If you have a passion to make a difference in the lives of people around the world, Visa offers an uncommon opportunity to build a strong, thriving career. Visa is fueled by our team of talented employees who continuously raise the bar on delivering the convenience and security of digital currency to people all over the world. Join our team and find out how Visa is everywhere you want to be.
“Visa will consider for employment qualified applicants with criminal histories in a manner consistent with the requirements of Article 49 of the San Francisco Police Code.”
Job Description
• Lead the Relationship Management aspects with Settlement Agents; either Central Bank, Commercial Bank or Inter-Bank Companies throughout the project life-cycle and once services are live lead solutions to resolve any settlement transmission impacts for your teams’ assigned countries
The role has direct responsibility for overseeing settlement services in circa 23 countries to the value of Circa 3B per day and for Client On and Off Boarding for the Latin America and Caribbean Region
A key focus of the role is provide settlement product consultancy to a wide array of internal and external stakeholders. The position will report into Global Treasury Lead for the Americas.
The role is based in New York. Some travel within the Latin America region and to other Visa offices, including Miami.
Treasury Planning, Management, Execution and Development
Treasury Settlement
• The role will have leadership responsibility for National Net Settlement Services within the assigned geographic region and for acting as a consultant to a broad range of internal and external stakeholders.
• Role manages all resolution of operational issues affecting the safe execution of local funds transfers by Settlement Banks.
• In addition, this position will facilitate new business and product launches via the creation of new settlement services. There will be particular emphasis on mitigating operational and liquidity risks for a portfolio that spans circa USD 3 Billion of settlement volume per day across 76 countries.
Highly developed problem solving strategic thinking and decision making skills are required in order to provide consultancy on Treasury Settlement related issues to senior level executives both internally to Visa and externally at Government/Central Bank Governor level.
• Encourage team via analysis and development of their ongoing settlement, FX, cash management, liquidity and systems subject matter expertise to provide direction to internal Product stakeholders concerning the optimal best-practice setup and restructure of NNSS’s.
• Build credibility with stakeholders and serve as a Treasury Settlement subject matter expert and advisors to country managers for NNSSs globally
• Develop team’s ability to provide consultancy on International Settlement set up issues when NNSS is a factor and streamline processes for Client on-boarding while enhancing related documentation accordingly
• When required as part of a production roster, manage daily NNSS settlement advice and reconciliation production duties via internal proprietary applications and external vendor applications like SWIFT Alliance Access
• Provide guidance on the structure of new NNSS implementations or changes to existing NNSS focusing on regulatory issues which impact settlement and use of NNSS to aid local currency billing
• Lead major incident management responses at a regional level spanning major system issues, client or settlement agent failure, civil unrest or responses to OFAC sanctions by eliminating the reputational risk to Visa
• Ensure all Treasury procedures and processes are documented, reviewed and updated annually for accuracy.
• Lead the management of audit and business resumption planning and testing responses
• Develop NNSS subject matter expertise within the team and contribute to NNSS global strategic changes with the NNSS product team (NPPM)
• Lead Treasury responses as relates to National Payment System initiatives both via in person meetings/workshops and via consultancy regarding Central bank engagement and regulator or legislative impacts
• Lead effective cross functional project collaboration with Product, Risk, Legal, CSR, Government Relations, Rules and Global Systems, to design funds transfer frameworks for settlement schemes in countries where domestic products are predominant and the availability of foreign exchange liquidity is scarce
• Collaborate on strategic direction for settlement related rules that impact client’s abilities to pay and be paid by Visa simplifying where possible.
• Develop strong relationships with stakeholders in the market such as Country Managers, in an effort to design settlement models that closely resemble current practices to minimize client impacts.
• Partner with country managers and other cross-functional teams to deal effectively with country level crises impacting settlement.
• Lead the Relationship Management aspects with Settlement Agents; either Central Bank, Commercial Bank or Inter-Bank Companies throughout the project life-cycle and once services are live lead solutions to resolve any settlement transmission impacts for your teams’ assigned countries
• Act as an internal and external subject matter expert in Visa settlement operations and foreign exchange impacts of settlement representing Visa at external events where Settlement expertise is required
• Develop materials and case studies to aid consultancy in the design of settlement solutions for Government regulators, Central Banks or local Inter-bank funds transfer companies
• Develop a strong relationship with client services organization and provide educational outreach in order to promote self-sufficiency within the CSS organization
Qualifications
• Spanish and Portuguese speaking
• Leadership and management experience
• Superior negotiation skills leading to timely and acceptable resolutions
• Solid interpersonal skills and working with cross-functional teams
• Exceptional communication skills (written and oral)
• Self-directed and motivated
• Able to work with limited management oversight
• Issues management skills
• Strong prioritisation skills
• Able to discern business needs in order to plan and guide actions of others in a number of contexts including issue resolution, process flow design, project planning, and working with IT
Additional Information
All your information will be kept confidential according to EEO guidelines.