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Senior Development Consultant, Visa Rules Management
Posted on 4/15/2022
INACTIVE
Locations
Ashburn, VA, USA
Experience Level
Entry
Junior
Mid
Senior
Expert
Desired Skills
Management
Requirements
  • 8 or more years of relevant work experience with a Bachelor's Degree or at least 5 years of experience with an Advanced Degree (e.g. Masters, MBA, JD, MD) or 2 years of work experience with a PhD
  • Strong interpersonal skills and proven abilities in negotiating with and influencing customers and staff at all levels
  • Excellent written and verbal communication skills to convey complex topics in Plain English
  • Strong analytical aptitude and demonstrated track record of working with business information to develop business-oriented solutions as well as the ability to apply sound business analysis to limit the downstream impact of decisions
  • Experience gathering business requirements and translating needs into successful deliverables
  • Ability to effectively work under pressure, self-challenging and adhering to tight deadlines
  • Ability to set priorities and manage expectations, and work both as part of a team and independently
  • 9 or more years of relevant work experience with a Bachelor's Degree or 7 or more relevant years of experience with an Advanced Degree (e.g. Masters, MBA, JD, MD) or 3 or more years of experience with a PhD
  • Extensive experience in Visa, a Membership organization, card industry or equivalent
  • Awareness and understanding of Visa and Client / Industry business priorities
  • Understanding of Visa products, services and systems knowledge of the Visa Rules
  • Working (intermediate) knowledge of Microsoft Office and SharePoint
  • Knowledge of Madcap Flare (Authoring Software)
Responsibilities
  • Specifically, the VRM team establishes and enforces common interoperable rules and standards for our products and services by which clients must operate their Visa programs globally
  • This position is responsible for the development of Visa Rules, including understanding the downstream impacts of business function sponsor proposals for new or updated products, systems, services, programs or other initiatives regarding the client legal agreement. The role will facilitate global rules or rules for other regions as required
  • The role ensures that all drafted rules are consistent with current Visa philosophy while adapting to market-driven change. The role must ensure that all materials meet department standards of quality and are delivered to the Visa Rules Committee (VRC) for approval
  • The role requires guiding business function sponsors through the process of concept, development, review, approval and publication. In addition, the role ensures that all appropriate approvals are obtained from other Visa Committees, as appropriate, as well as ensuring all such processes are documented and managed within the global function
  • The incumbent will also provide Clients, Visa staff and any regulatory bodies, as needed, with accurate interpretation and analysis of Visa Rules in response to inquiries, and as a full project team member for assigned projects as required
  • Responsible for ensuring Visa rules reflect the goals and strategy for Visa Inc
  • Delivery of advice and interpretation on all regulatory matters, as documented in the Visa Rules, to Clients and staff
  • Management of multiple revision topics with business sponsors at any one time, prioritizing as appropriate, and providing direction to staff in various Visa business functions
  • Accountable for ensuring the Visa Rules are easy to understand and do not leave Visa open to any unintended consequences
  • Primarily responsible for the development of new and revised Visa Rules and secondarily for processing waivers
  • Support of the Visa Rules Committee Due Diligence and Governance Process
  • Review of Visa Business News (VBN's) prior to release
  • Management and assistance in the publication of the Visa Rules through the Visa Publication Tool as well as identifying improvements
  • Development assistance for Supplemental Requirements to the Visa Rules that are also contractually binding
  • Development of Redacted Disclosure Regulations for the public version of the Visa rules
  • Communication of waiver approvals to impacted clients
  • Support the development and maintenance of departmental processes and procedures
  • May coach and review the work of less experienced professionals on the team
  • Must manage independently to priorities liaising with business functions as required based on Visa strategy and key business drivers to ensure revenue is maximized
  • Represent Visa Rules Management team within the global and regional offices to ensure Visa global initiatives and best practices are effectively introduced
  • Make recommendations and proposals with respect to Visa Rules to the wider team or to multi-disciplinary cross-functional teams
Visa

10,001+ employees

Leading credit card company
Company Overview
Visa's mission is to remove barriers and connect more people to the global economy. The company provides end-to-end financial infrastructure.
Benefits
  • Health Insurance.
  • Life Insurance.
  • Dental Insurance.
  • Disability Insurance.
  • Accidental Death & Dismemberment Insurance.
Company Values
  • Integrity: Doing well by doing right.
  • People: Behind payments are people.
  • Innovation: Pioneering with a purpose.
  • Clients: Keeping clients in focus.
  • Collaboration: Pulling ahead by pulling together.