Merchant Acquiring - Risk Policy Specialist (Contract Role)

Position Summary

We are looking for an individual to join us as Merchant Acquiring - Risk Policy Specialist based in Mumbai, India and South Asia and be a part of our consulting arm - Visa Consulting and Analytics. Based in Mumbai and reporting directly to the Head of Managed Services, , India and South Asia, the role will be responsible for developing and managing risk control strategies and policies for merchant acquiring. The individual will collaborate with various teams to design and review risk policies, ensuring they adhere to market best practices and regulatory compliance using Visa resources. This role involves working closely with clients and internal teams to enhance risk management practices and support the development of risk strategies. The person would be expected to play an active role in the sales pitch process by collaborating with internal teams’ basis the client asks.

Key Responsibilities

What services would be provided by VMS?

VCA Managed Service (VMS) is growing rapidly across the AP region and the purpose of this role is to develop VMS solutions and capabilities that will accelerate that growth over the next 3-5 years. VMS provides comprehensive risk management solutions.

Our offerings include development of the following capabilities:

• Developing and implementing risk control and management strategies to minimize financial and legal impacts on clients' businesses.
• Designing and reviewing acquiring risk policies for banks, aligned with industry best practices and regulatory requirements.
• Liaising with clients' risk, operations, technology, compliance, and other relevant teams or third parties to ensure effective risk management.
• Supporting client teams in building and finalizing their risk strategies and policies.

Ensuring policies and procedures are up to date with current market trends and developments in risk management principles.


 

With minimum of 7-8 years' experience having already accumulated a variety of experience, you will combine a strong understanding of the banking, card or payments industry with strong consulting and implementation experience. You will be client driven, comfortable managing a project end to end and relish the opportunity to develop new solutions and capabilities that will meet our client's needs.

Specific skills and experience you will bring are:

1. Strong expertise in writing, deploying, and managing merchant acquiring risk policies.
2. In-depth knowledge of the financial services industry, including regulatory compliance, reporting procedures, and record-keeping guidelines.
3. Exceptional communication and interpersonal skills, with the ability to coordinate and manage multiple tasks effectively.
4. Critical thinking and problem-solving abilities, with strong presentation skills.
5. Experience in working within banks, payment aggregators, or similar intermediary roles.
6. Proficiency in policy writing, review, gap analysis, and documentation/reporting activities.
7. Analytical and problem-solving skills, with demonstrated intellectual and analytical rigor.
8. Strong team leadership skills with a collaborative, diplomatic, and flexible style; able to work effectively in a matrixed organization.
9. Detail oriented, ensuring the highest level of quality/rigor in reports and data analysis.
10. Excellent presentation skills, including strong oral and written capabilities.
11. Self-motivated, results-oriented individual with the ability to progress multiple priorities concurrently.
12. Strong commercial acumen, with experience in working on business/value cases that prove ROI

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.