Sr. Risk Management Analyst - (Supplier, Vendor, 3rd Party Risk)

Visa, Miami FL, US

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The primary purpose of this position is to serve as the Supplier Risk Management lead for Latin America region.  This position will be interfacing with Visa international senior management and serve as the primary point of contact for all concerns for Latin America countries in the context of Supplier Risk Management.  This person will work with Business Partners and Sourcing Leads on key sourcing needs while providing training, strategic support and recommendations to advance procurement requests and processes.  Having a keen sense of awareness to all events impacting Supplier Risk in the cmarket is critical to the successful execution of SRMP tasks in the region.  Day-to-day tasks include evaluating incoming supplier engagements to ensure suppliers are accurately and efficiently risk evaluated initially and periodically thereafter during the lifecycle. This position will be responsible for assessing incoming supplier engagements for high risk exposure. This includes working with sourcing and/or business partners to ensure data is complete and accurate, inherent risks are correctly identified and residual risks are assessed correctly. To ensure risk is captured correctly, this role will require understanding various risk stakeholders programs (Anti-Bribery, Physical Security, Cybersecurity, Data Privacy, etc.) and their acceptable controls to conduct due diligence or determine any incremental due diligence and determine residual risk. This person will work closely with the Risk Stakeholder subject matter experts when issues arise to get them remediated or risk accepted and will partner with Business Owners and Sourcing leads wherever necessary to obtain clarification on open issues or incorrect input and record and document updates as evidences of change in engagement records. This role will need to ensure timely maintenance and updates for supplier profiles which includes performing ongoing risk assessment and analysis of supplier’s holistic relationship.

The Risk Management Sr. Analyst is expected to ensure all aspects of the assigned functions adhere to the Visa Global Supplier Risk Management Policy and procedures. This position reports to the Director of Supplier Risk Management.


  • Manage incoming risk assessments and conduct due diligence evaluations of suppliers for a specific region or category of services/products

  • Conduct ongoing periodic risk assessment of suppliers to ensure inherent and residual risk remain accurate

  • Work closely with Sourcing and business partners to ensure a clear understanding of the services or product being purchased for appropriate risk evaluations

  • Manage complex Latin America markets supplier risk projects, while effectively collaborating with stakeholders, both cross-functionally and across geographies

  • Effectively articulate Supplier Risk Management Policy and vision while building strong business relationships with Sourcing and Business Partners in the Latin America region

  • Provide senior management reporting such as regional supplier profile, trends, Risk Stakeholder metrics, ORS reporting, etc.

  • Ensure Supplier Risk Management policy and procedures, and Visa Supplier Manager capabilities are implemented according to approved goals and policy.

  • Provide data driven analysis to support strategic decisions in the Latin America region, making focusing on key business drivers, fiscal implications and new insights

  • Lead meetings, deliver presentations and comfortably interact with all levels of Visa management including Finance senior management and Global Risk regional head

  • Identify market-specific needs and requirements of business partners and provide realistic solutions to improve procurement experience in the region

  • Partner with regional Sourcing leads for strategic sourcing initiatives

  • Represent Supplier Risk in regional working groups and committees

  • Act as risk subject matter expert for Latin America suppliers on all category of services/products

  • Co-ordinate with Business Owners to clarify responses on risk questions and document all the communications as evidence to changes in transactions.

  • Ability to quickly develop strong understanding of the process flow and risk logic within the supplier manager tool to successfully support business and risk stakeholder in completing risk assessments in an accurate and timely manner.

  • Excellent internal customer service to ensure SLAs are met in a timely and thoughtful manner.


  •  Bachelor’s Degree in Information Technology, Business, Finance, or related field; and 4-5 year(s) of work experience in job offered or 3 year(s) of work experience in a senior risk analyst- related occupation.Have a strong understanding of Payment Systems and Supplier Risk to be able to validate for accuracy and completeness of the requests for purchase of goods and services from suppliers

  • Have a broad understanding of multiple risk areas such as Anti-Bribery, information Security, business continuity, physical security, reputational and financial risks

  • Understanding of inherent risks, controls, and residual risks as applicable for companies in the financial services and technology industry to evaluate risk profiles to determine if the responses for questions in request submitted by Business Owners accurately represent the supplier risk posed to Visa by the requested goods and services

  • Have a solid understanding of Payment System Risk to evaluate engagements with risk exposure to determine appropriate risk information is being captured and to be able to explain the risk requirements and subsequent steps to all participants of the Supplier Risk Management process

  • Excellent written, oral and presentation skills and an ability to synthesize information and make clear, concise recommendations on course of action.
  • Experience with successful support internal customers and suppliers.
  • High level of self-motivation and initiative, and ability to operate effectively as a team player.
  • Proficient in Financial Systems (Ariba, iProcurement, Oracle, Hiperos) to be able to understand data flow in various systems and determine most efficient course of action to remedy issues.
  • Fluent in Spanish or Portuguese
  • Specific Skills

  • Strong communication skills with ability to clearly communicate with senior executives
  • Strong interpersonal and influencing skills
  • Strong analytical skills
  • Education or experience must include:

  • Executing risk programs, information security programs and/or audit program
  • Experience with security, enterprise and operational risk programs within the payment industry;
  • Risk assessments and developing risk frameworks and process to determine the outcome applied to entire population and demonstrating an effective result;
  • Experience with leading projects/team across multiple groups;
  • Conducting business and business process assessments involving selection of standards and baseline values required to define a risk framework;
  • Experience with supplier or vendor assessment framework and tools


All your information will be kept confidential according to EEO guidelines.

About Visa

Visa Inc. (NYSE: V) is the world’s leader in digital payments. Our mission is to connect the world through the most innovative, reliable and secure payment network - enabling individuals, businesses and economies to thrive. Our advanced global processing network, VisaNet, provides secure and reliable payments around the world, and is capable of handling more than 65,000 transaction messages a second. The company’s relentless focus on innovation is a catalyst for the rapid growth of connected commerce on any device, and a driving force behind the dream of a cashless future for everyone, everywhere. As the world moves from analog to digital, Visa is applying our brand, products, people, network and scale to reshape the future of commerce.

Want to learn more about Visa? Visit Visa's website.