About Us
Visa is a world leader in payments technology, facilitating transactions between consumers, merchants, financial institutions and government entities across more than 200 countries and territories, dedicated to uplifting everyone, everywhere by being the best way to pay and be paid.
At Visa, you'll have the opportunity to create impact at scale — tackling meaningful challenges, growing your skills and seeing your contributions impact lives around the world.
Join Visa and do work that matters – to you, to your community, and to the world. Progress starts with you.
Job Description
The primary responsibility of the Credit Settlement Risk (CSR) Collateral Senior Manager is to protect the Visa from settlement losses by managing and overseeing collateral structures used to mitigate settlement risk exposure. This role ensures that collateral arrangements are appropriately structured, legally enforceable, operationally effective, and continuously monitored in line with Global Credit Settlement Risk (CSR) policies and procedures.
The role acts as a key point of coordination across internal stakeholders and external counterparties to ensure effective collateral risk mitigation while supporting business growth initiatives.
The Buenos Aires based position will report directly to the VP, LAC Head of Credit Settlement Risk. As part of an extended Global Team, the Credit Settlement Risk (CSR) Collateral Senior Manager will also be involved in managing and implementing the Global Credit Settlement Risk Policy.
Essential Functions:
Collateral Management & Oversight
- Manage the full lifecycle of collateral arrangements, including setup, maintenance, substitution, release, and execution.
- Oversee multiple forms of collateral, including cash, trust/escrow structures, securities, and guarantees.
- Ensure collateral levels are sufficient to cover current and projected exposure, in accordance with CSR standards.
- Monitor collateral balances versus exposure and proactively identify and address shortfalls.
Operational Execution & Controls
- Oversee collateral documentation review and execution, ensuring required legal agreements are in place and properly maintained.
- Coordinate with custodians, banks, trustees, and internal operations teams to implement collateral instructions and validate settlement confirmations.
- Review operational and custodian reports to confirm accuracy and completeness of collateral postings.
- Ensure appropriate record keeping, documentation controls, and audit readiness.
Risk Governance & Policy Compliance
- Ensure collateral arrangements comply with Global CSR policies, procedures, and regional risk frameworks.
- Support collateral related approvals, exceptions, and waivers, including preparation of materials for senior management review.
- Identify structural vulnerabilities or weaknesses in collateral arrangements and recommend remediation actions.
Stakeholder & Relationship Management
- Serve as the primary CSR point of contact for collateral related matters with internal partners (CSR, Legal, Treasury, Finance, Sales, Operations) and external stakeholders (clients, processors, custodians).
- Support onboarding of new clients, new products, and complex structures requiring customized collateral solutions.
- For dedicated or complex initiatives, act as the day-to-day owner coordinating collateral related activities across multiple teams.
Reporting & Communication
- Prepare and maintain collateral tracking, reporting, and management updates.
- Provide clear, timely communication to CSR leadership regarding collateral risks, issues, and remediation progress.
- Support internal audits, reviews, and governance or regulatory inquiries related to collateral.
This is a hybrid position. Expectation of days in the office will be confirmed by your Hiring Manager.
Qualifications
Basic Qualifications:
8 or more years of relevant work experience with a Bachelor Degree or at least 5 years of experience with an Advanced Degree (e.g. Masters, MBA, JD, MD) or 2 years of work experience with a PhD
Preferred Qualifications:
9 or more years of relevant work experience with a Bachelor Degree or 7 or more relevant years of experience with an Advanced Degree (e.g. Masters, MBA, JD, MD) or 3 or more years of experience with a PhD
Bachelor’s degree in Finance, Economics, Accounting, Risk Management, or a related field.
Proven experience in risk management, collateral management, credit risk, treasury, or financial operations.
Strong understanding of settlement risk, exposure management, and risk mitigation tools.
Experience working with financial institutions, banks, custodians, or trustees.
Strong analytical skills, attention to detail, and control mindset.
Excellent communication skills and ability to manage multiple stakeholders across regions.
Experience within payment networks, financial infrastructure, or regulated financial environments.
Familiarity with trust, escrow, and guarantee based collateral structures.
Experience operating within regional or global risk frameworks.
Ability to operate independently in a high impact, high visibility role
Be analytical, organized, accurate and detail-oriented with fact-based discipline
Fluent, both written and verbal, in Spanish and English.
Ability and willingness to take initiative on new projects and work well in a team environment
Visa or other payment industry knowledge a plus
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.