Rules Consultant

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 Rules, Compliance and Standards (RCS) team establishes and enforces common interoperable rules and standards for our products and services that clients must use to operate their Visa programs globally.

This person is responsible for the development of Visa rules and working on time limited waivers to these 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 ensures that all drafted rules and waivers 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 role 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.

• Drafting clear, well written proposal papers and rules. Excellent written communication skills are required.
• Management of multiple revision topics with Business Sponsors at any one time prioritizing as appropriate and provision of direction to Visa staff in various Visa business functions
• Accountable for ensuring that the Visa Rules are easy to understand and do not leave Visa open to any unintended consequences
• Primarily responsible for managing and processing Rule Waivers (mostly tactical ones but also complx ones as needed). On occasions also responsible for the development of new and revised Visa Rules (Regional Standard proposals).
• Managing and assisting in the publication of the regulations through the Visa Publication Tool as well as identifying improvements
• Support the development and maintenance of departmental processes and procedures
• Must manage independently to priorities liaising with business functions as required based on Visa strategy and key business drivers to ensure revenue is maximized
• Makes recommendations and proposals with respect to Visa Rules to the wider team.

This is a hybrid position. Expectation of days in office will be confirmed by your Hiring Manager.

Qualifications

• You will have a high degree of analytical and communication skills to advise on rules development and guide business sponsors through our process. As a candidate you should have:
• Relevant work experience with a Bachelors/Degree or equivalent
• Strong interpersonal skills and proven abilities in negotiating with and influencing customers and Visa staff, including strong written and verbal communications skills
• Excellent writing and verbal skills to convey complex topics in “Plain English”
• Experience gathering business requirements and translating them into successful deliverables
• Strong analytical aptitude and demonstrated track record of working with data to develop business-oriented solutions as well as the ability to apply sound business analysis to limit the downstream impact of decisions
• Proven project management skills to co-ordinate divergent interests, commensurate with managing a multi-faceted compliance program at an international level
• 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

Additional Information

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.