Internal Audit Director

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

At Visa our purpose is to uplift everyone, everywhere by being the best way to pay and be paid. Are you ready to work for the best payment company in the world by partnering with cutting-edge business, product, and technology teams to identify areas of risk? Are you interested in diving deep into technologies and processes across Visa and its subsidiaries to identify risks? Are you looking for a position that will leverage and grow your skills, expand your knowledge, and provide opportunities to problem solve with some of the best minds in the industry?

As an Audit Director in our Corporate Functions team Internal Audit team, you will manage and execute aspects of the internal annual plan covering operations and processes in Finance, Risk, Legal, People and Corporate Affairs, and Marketing. You will lead audit engagement planning and scoping activities, oversee the execution of all phases of the audit, and supervise a team of multi-disciplined audit (and co-sourced) professionals. You will coach and develop team members and exhibit good judgment and accuracy in all work. You will work directly with senior internal stakeholders and business leaders, serve as a key contact throughout the audit process, and own executive relationships. You will understand their respective business areas (, strategy, , laws and regulations, risks, controls ), and influence decisions related to risk mitigation. You will be forward-thinking in terms risk remediation design and help to drive scalable, automated solutions that impact business roadmaps. You should be comfortable working in a fast-paced and ambiguous environment, constantly working to protect our customers and the company. You will think big and identify opportunities to make an impact as you develop domain expertise and address recurring risk themes that fit our rapidly growing and complex environment. You will champion bold ideas on how to evolve and grow or audit capabilities.

Essential Functions

• Responsible for assisting the VP in the execution of the audit plan, as approved by the Audit & Risk Committee of the Board of Directors. Lead audit risk assessment, planning, scope development, and audit execution.
• Possess outstanding written and oral communication skills and demonstrate these skills during the audit process to the appropriate level of Visa and Audit management. Ideas should be expressed clearly and concisely.
• Maintain a strong knowledge of overall business issues. Understand company structure and functional responsibilities. Assess efficiency and effectiveness of a business unit (during a project) and align with Visa-wide strategy and objectives.
• Coordinate with Audit project team members in working towards departmental goals.
• Maintain business relationships with appropriate levels of management to ensure that Audit is aware of changes in business activities and objectives.
• Promote thought leadership for new ideas and new ways of executing projects and processes to drive continuous improvements in the delivery of internal audit services.
• Provide ongoing coaching to audit professionals of various levels and experience, including consultants. 
• Prepare performance evaluations for auditors.
• During each audit, provide day-to-day and on-site support to ensure quality of Audit:
  • Provide direction to auditors to ensure that audits are performed in accordance with department and professional standards.
  • Review audit work papers.
  • Review draft audit findings, and ensure issues are appropriately vetted and constructed given the circumstances.
  • Provide reports to management on the effectiveness of their business unit's internal control structure along with recommendations that improve the effectiveness and / or efficiency of a control or process.
  • Evaluate the adequacy of management's response and the corrective action plans on all significant weaknesses noted in the reports.
  • Coordinates with other risk management functions and independent public accountants to minimize duplication of effort and to ensure that issues raised as a result of their reviews are appropriately addressed. 

      For Special Projects, as assigned:

• Participate in activities related to systems development, department initiatives, and analyze new policies to ensure that control considerations are evaluated in the early stages of these activities.
• Provide control consulting services to management to assist in redesign efforts that improve the control environment.
• Enhance Audit's policies, procedures, and methodologies to improve Audit's effectiveness in achieving its Charter.

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

Qualifications

Basic Qualifications:

• 10 or more years of work experience with a Bachelor’s Degree or at least 8 years of work experience with an Advanced Degree (e.g. Masters/ MBA/JD/MD) or at least 3 years of work experience with a PhD

Preferred Qualifications

• 12 or more years of work experience with a Bachelor’s Degree or 8-10 years of experience with an Advanced Degree (e.g. Masters, MBA, JD, MD) or 6+ years of work experience with a PhD
• Preferably 10 - 15 years of experience, including 10 years internal audit experiences with large / multinational financial institution, payments industry, or consulting firms. Plus 5+ years with big 4 / multinational public accounting firm.
• Bachelor's degree in accounting, finance, business, management information systems or related fields.
• Minimum 10 years with operations and/ or financial auditing, , risk management, and compliance experience.
• Experience in financial institutions / payments is a plus.
• Relevant professional certifications (CIA, CPA, CISA, CISSP).
• Experience in managing and leading audits within a complex operational and regulatory environment.
• Strong risk management experience, including evaluating control designing and operating effectiveness, managing enterprise control frameworks, and prioritizing risk.
• Strong supervisory and time management skills and experiencing in managing a staff of diverse professionals.
• Strong analytical, organizational, and presentation skills.
• Excellent written and oral communication skills.
• Ability to travel domestically and internationally approximately 10%-15%.

Additional Information

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 161,500.00 to 234,200.00 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.