Senior Product Manager - Acquire
Kraken$110,400 - $220,800/year
Full Time
Senior (5 to 8 years)
Not SpecifiedCompensation
Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Payments, Financial Services, FinTechIndustries
Requirements
- Very deep analytical skills
- Ability to lead client engagement
- Expertise in assessing effectiveness of controls for Acquirers & Third-Party Agents in onboarding and managing high-risk merchants
- Knowledge of Visa programs including Visa Integrity Risk Program (VIRP), Visa Acquiring Monitoring Program (VAMP), Fraud, Scams, Credit, Enumeration risk management, Data security, and PCI DSS compliance
- Capability to handle complex clients operating across various regions and/or merchant activities
Responsibilities
- Perform underwriting & assessment of the effectiveness of controls Acquirers & Third-Party Agents have in place to onboard and manage merchants covered under Visa’s programs (e.g., review of Self-Assessment Questionnaires, Acquirer Policies, Procedures, sample Merchant Files, external diligence information, payment fraud performance)
- Perform periodic risk-based assessment of Acquirers covered, with ongoing monitoring
- Handle Acquirers & Third-Party Agents control assessment of complex clients operating across various regions and/or merchant activities
- Conduct on-site Acquirers & Third-Party Agents control assessments or coordinate audits through 3rd parties
- Support Visa’s Close Monitoring process and coordinate risk and threat management actions for ecosystem participants exceeding Visa’s risk tolerance
- Engage with Merchant Sales and Acceptance (MSA) and Account Executives to share intelligence, assess mitigating actions, and ensure accountability for remediation
- Work closely with Visa Acceptance Risk Standards regional teams to perform periodic industry reviews
- Support the overall design and deployment of “Acquirer & Third-Party Control” processes as defined in Visa Rules
- Contribute to creating “underwriting” and “ongoing monitoring” approaches, define minimum standards and acceptance criteria for approving Acquirers
- Ensure related policies, procedures, and controls are executed consistently across all Visa regions and by internal/external stakeholders
Skills
Risk Management
Fraud Detection
Compliance
PCI DSS
Analytical Skills
Client Engagement
Quality Control
Data Security
Acquirer Monitoring
Merchant Onboarding
Visa
Global digital payment network provider
About Visa
Visa operates a global digital payment network that facilitates electronic payments for millions of people daily. The company connects consumers, businesses, financial institutions, and governments, allowing them to make transactions using Visa cards. Each time a card is used, Visa earns money through transaction, service, and data processing fees. Unlike many competitors, Visa focuses on expanding access to financial services for underserved communities and supporting local economies. The company's goal is to promote financial inclusivity and drive sustainable commerce, ensuring that more people can participate in the global economy.
San Francisco, CaliforniaHeadquarters
1958Year Founded
$55.8MTotal Funding
ANGEL_INDIVIDUALCompany Stage
Fintech, Financial ServicesIndustries
10,001+Employees
Benefits
Health Insurance.
Life Insurance.
Dental Insurance.
Disability Insurance.
Accidental Death & Dismemberment Insurance.
Risks
CBDCs could reduce reliance on Visa's payment network.
'Buy Now, Pay Later' services may decrease traditional credit card transactions.
Fintech startups offering zero-fee transactions could pressure Visa's revenue model.
Differentiation
Visa operates a global digital payment network connecting millions daily.
The company focuses on financial inclusivity and sustainability in its operations.
Visa collaborates with central banks on Central Bank Digital Currencies (CBDCs).
Upsides
Visa's partnership with fintechs enhances cross-border payment solutions.
Adoption of blockchain technology could revolutionize digital payments.
AI-driven fraud detection systems are reducing fraudulent activities.
Related Jobs
RemoteRemoteActuary, Risk and Compliance
HumanaSalary not specified
- Full Time
- Senior (5 to 8 years), Expert & Leadership (9+ years)
RemoteDirector of Underwriting
Sidecar HealthSalary not specified
- Full Time
- Expert & Leadership (9+ years)
RemoteThird-Party Cyber Risk Manager
HumanaSalary not specified
- Full Time
- Mid-level (3 to 4 years)
RemoteTechnical Support Specialist - Merchant Onboarding
BoltSalary not specified
- Full Time
- Junior (1 to 2 years), Mid-level (3 to 4 years)
RemoteDirector of Risk
AlpacaSalary not specified
- Full Time
- Senior (5 to 8 years), Expert & Leadership (9+ years)