Vice President, Internal Audit Professional Practices

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.

The Vice President, Internal Audit reports to the Chief Auditor (CA) and is a key member of the Internal Audit Leadership Team (ALT).  This position focuses on leading:

• A broad array of professional practices across the Internal Audit (IA) department, including planning, reporting, resourcing,  liaising with regulators and managing stakeholder reporting
• Quality Assessment Program
• Audit operations management, including resourcing and budget management

The position demands the highest level of managerial and interpersonal skills to effectively and efficiently lead the audit team operations and strategy. Additionally the position will play a key role in supporting the Visa Inc Chief Auditor. Exceptional organizational and leadership skills and the ability to successfully interact at all levels of the organization, including members of the Board of Directors of the Company, and Regulators, are key requirements.  Superior analytical skills, critical thinking skills and overall business acumen are also critical success factors. Leadership experience in a regulated environment is strongly preferred.

Responsibilities:

• Internal Audit Professional Practices
  • Manage strategic, annual and quarterly risk assessment and audit planning
  • Lead IA engagement with the Federal Financial Institutions Examination Council (FFIEC) to manage all aspects of their regulatory reviews of IA
  • Maintain audit policies and procedures, and continually refine to improve efficiency and effectiveness of the audit life cycle
  • Prepare high quality stakeholder communications including Board reports
  • Lead and execute key initiatives in support of the CA
  •  
• Quality Assessment (QA) Program
  • Maintain, assess and refine the overall Internal Audit Quality Assurance Program focused on optimizing the effectiveness of audit activities by performing quality reviews and driving improvements. 
  • Oversee the execution of internal quality assurance reviews through a risk-based selection approach of audit files and other audit-related documentation.
  • Ensure high quality levels for the audit life cycle execution across IA
  • Coordinate all aspects of External QA at least every five years
  • Coordinate with regulators on all aspects of QA

• Audit Operations Management
  • Oversee audit operations incl. resourcing, co-sourcing relationship and budget.
  • Develop strategic and impactful agendas and lead internal meetings (e.g., ALT and All-Hands)
  • Lead and enhance use of audit management tool (i.e., TeamMate) and its suite of functionalities. Ensure appropriate levels of training by users, and upgrades as needed, including partnering with the Advanced Data Analytics Program team to enhance tools and processes
  • Lead internal training and professional development processes to ensure high quality capabilities across the IA team
  • Develop and implement strategies and action plans to enhance employee engagement, including recognition programs
  • Partner with HR Business Partner for coordination of HR related initiative (e.g., hiring, staff performance management and calibration process, annual compensation process, workforce planning and spans of control, succession planning for key levels, etc.)
• Leadership
  • Provide strong leadership to the PP team including driving strong engagement and professional development
  • As an integral member of the Audit Leadership Team, provide strategic direction, thought leadership in audit approach and delivery of services, and evaluation of Visa Inc.’s overall risk and internal control environment.
  • Exhibit a strong drive for results and success, conveying a sense of urgency and driving issues to closure in a fast-paced, evolving business and risk environment.

Basic Qualifications

• 12 or more years of work experience with a bachelor’s Degree or at least 10 years of experience with an Advanced degree (e.g. Masters/ MBA/JD/MD) or at least 8 years of work experience with a PhD.



Preferred Qualifications

• Bachelor's degree preferably in Business, Finance, or Information Technology

• CPA preferred

• 15+ years of relevant business experience

• Excellent oral and written communication, interpersonal and presentation skills, including outstanding ability to summarize complex audit results and issues for succinct and impactful presentations for a wide range of internal and external executive constituents

• Strong analytical and organizational skills

• Advanced collaboration skills, with superior skills in project management, project implementation, and cross-team networking and coordination

• Proven ability to multi-task and meet aggressive targets in high energy, dynamic environment

• Expert knowledge of the professional practice of internal auditing

• Willing to travel up to 20% to domestic and international sites

Work Hours: Varies upon the needs of the department.

Travel Requirements: This position requires travel 5-10% of the time.

Mental/Physical Requirements: This position will be performed in an office setting.  The position will require the incumbent to sit and stand at a desk, communicate in person and by telephone, frequently operate standard office equipment, such as telephones and computers.

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.

Visa will consider for employment qualified applicants with criminal histories in a manner consistent with applicable local law, including the requirements of Article 49 of the San Francisco Police Code.

U.S. APPLICANTS ONLY: The estimated salary range for a new hire into this position is 236,300.00 to 369,300.00 USD per year, which may include potential sales incentive payments (if applicable). Salary may vary depending on job-related factors which may include knowledge, skills, experience, and location. In addition, this position may be eligible for bonus and equity. Visa has a comprehensive benefits package for which this position may be eligible that includes Medical, Dental, Vision, 401 (k), FSA/HSA, Life Insurance, Paid Time Off, and Wellness Program.