Company Description

Visa is a world leader in digital payments, facilitating more than 215 billion payments transactions between consumers, merchants, financial institutions and government entities across 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.

When you join Visa, you join a culture of purpose and belonging – where your growth is priority, your identity is embraced, and the work you do matters. We believe that economies that include everyone everywhere, uplift everyone everywhere. Your work will have a direct impact on billions of people around the world – helping unlock financial access to enable the future of money movement.

Join Visa: A Network Working for Everyone.

Team Summary

The Continuous Controls Monitoring is part of the Controllership team and acts as the 2nd line of defence over Financial and Operational risks in Visa. The key objectives of our programs are to promote an effective Control Environment by providing management with a periodic assessment of the control environment across the Regions or within their area of responsibility.  Key objectives include:

• Monitoring the effectiveness of Financial and Operational Controls managed by 1st line owners.
• Periodic reporting to the management on the state of controls in their responsibility
• Provide guidance on potential remediation action for exceptions, as requested by management.
• Provide guidance on operational risks and financial risks, as needed.

What a Financial Analyst – Continuous Controls Monitoring (CCM) does at Visa:

The Financial Analyst – Continuous Controls Monitoring (CCM) will be responsible for reviewing preventative and detective Controls across a range of operational and financial statement processes within the Visa both on the Balance Sheet and Profit & Loss (Revenue/Contra Revenue and Opex and Capex Expenses). This role will report to the Director, Financial Internal Controls, Bangalore.

The expectations of this role include the following and is not limited to:

• Execute upon the vision, mission, strategies and annual goals for the Continuous Controls Monitoring function in alignment with the Company’s goal.
• Perform Continuous Controls Monitoring across a range of Visa Policies and Procedures covering revenue and expenses. Monitoring includes but not limited to:
  • Performing detailed review of transactions, data anomalies, key risk indicators reviews for the assigned markets at pre-established frequency
  • Aggregate and/or analyze data meaningfully to identify unusual trends, anomalies and non-compliant transactions with Visa Policies and Procedures.
  • Undertake evaluation of billing process and related controls (automated and manual)
  • Undertake review of client incentive payments and related processes
• Align on the issues with the stakeholders and timely escalate potential high-risk exceptions for timely action, reporting and resolution.
• Assess root cause of potential exception and support remediation efforts for exceptions identified
• Participate in local Controls Committee meetings for the Region/Market/Country as CCM function representative, present and report findings.
• Prepare periodic reports on the state of control environment.
• Perform any other controls related work as required to support the t Director, Financial Internal Controls, Bangalore.

Why this is important to Visa

This role will be supporting the execution of the Continuous Controls Monitoring program in the Asia Pacific Region for Visa.  The role will support the director – Continuous Controls Monitoring in undertaking an assessment of the Control environment for Visa WW highlighting non-compliance to Visa’s policies and procedures.

This is a hybrid position. Hybrid employees can alternate time between both remote and office. Employees in hybrid roles are expected to work from the office two days a week, Tuesdays and Wednesdays with a general guidepost of being in the office 50% of the time based on business needs.

What you will need:

• Bachelor's Degree Finance/Accountancy/Banking or equivalent.
• Certification: CISA/ CISM / CIA / CPA preferred
• At least 5-7 year(s) of working experience in internal audit or external audit is required for this position, experience in a Big 4 firm is preferred.
• Strong controls, compliance and/or auditing background with demonstrated understanding of corporate’s policies and procedures
• Extensive data analysis skills and an aptitude for understanding, interpretation and investigation
• Demonstrated expertise in MS Office (Excel, PowerPoint and Word). Knowledge of PowerBI and Power Query is an added advantage
• Challenge the status quo and be curious and bold to advocate for changes that bring value and eliminates manual tasks.
• Interpersonal skills and flexible to work across multiple time zones.
• Ability to proactively recognize and resolve issues
• Ability to effectively work independently, within tight deadlines and produce high quality deliverables.

Visa has adopted a COVID-19 vaccination policy. As a condition of employment, all employees based in the country where this job is located are required to be fully vaccinated for COVID-19, unless a reasonable accommodation is approved or as otherwise required by law.