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Job DescriptionJob Description
Visa’s Global Treasury Group is seeking a seasoned finance professional to lead and oversee all treasury activities in the Asia Pacific region. This role is critical in managing regional settlement operations, expanding domestic settlement services, onboarding clients, providing client advisory services, and supporting global treasury initiatives. The individual will also support ad hoc global treasury initiatives as needed and provide management oversight for FX trading operations during Asia hours as needed. This position reports to the VP, Global Head of Settlement and Regional Centers of Excellence (COEs), with a dotted-line reporting relationship to the Asia-Pacific Chief Financial Officer.
Key Responsibilities:
Settlement Operations Management
- Lead cross-functional projects with Client Services, Enterprise Risk Management, Legal, Country Management, Government Engagement, Rules Management, and Network Processing to develop, establish, and enhance domestic settlement services to meet client and regulatory demands for faster and real-time settlement.
- Collaborate with Credit Settlement Risk to design and implement bespoke settlement solutions aimed at mitigating settlement risk and reducing collateral requirements.
- Enhance the team’s ability to provide consultancy and promote best practices to clients on international and domestic settlement setup, virtual accounts, multicurrency settlement, etc.
- Oversee client onboarding activities, ensuring that all processes are completed within the SLAs agreed upon with the Client Services team.
- Develop, implement, and enforce best practices, controls, and risk mitigation strategies to minimize operational and liquidity risks for settlement operations.
- Proactively monitor and address operational issues, lead incident response efforts, and implement practical solutions for domestic settlement service issues.
- Ensure treasury procedures and processes are documented, reviewed, and updated annually.
- Design, establish, and maintain business continuity plans for domestic settlement services across all AP markets.
- Manage regional audit and compliance requests and issues.
Regulatory and Central Bank Engagement
- Navigate complex legal and regulatory issues related to domestic and international settlement. Serve as Visa’s primary point of contact for engagements with Central Banks and regulators concerning Visa settlement processes and settlement-related regulatory matters.
- Collaborate with Government Engagement to proactively address and resolve any settlement-related regulatory concerns and inquiries.
FX Operations, and Other Treasury Support
- Review cash flow exposure analysis for AP.
- Provide management oversight for FX trading during Asia hours, ensuring smooth execution of FX trades and settlement by the team, as needed.
- Assist in resolving FX operations issues as needed, ensuring the team effectively manages and executes FX trades and settlements.
- Provide regional support for Settlement and Corporate bank account administration, including account opening, closing, and fulfilling KYC requests.
- Partner with regional business and product stakeholders to serve as a Treasury Settlement and FX subject matter expert and advisor. Provide input and approve risk assessments for new products and services on behalf of AP Treasury.
- Lead and participate in strategic initiatives to enhance global treasury processes and systems.
Team Leadership and Bank Relationship Management
- Represent Treasury as a member of the Asia-Pacific Finance Leadership Team
- Manage relationships with senior executives of Settlement Agents and Corporate/FX banks to support Treasury, Settlement, and FX services.
- Lead, mentor and oversee a high-performing team of five, promoting a culture of operational excellence, collaboration, and continuous improvement.
- Foster professional growth and career development for team members.
- Act as a hands-on leader, providing support and backup to the team as needed.
This is a hybrid position. Expectation of days in office will be confirmed by your Hiring Manager.
QualificationsWhat you will need:
- Degree in finance, economics, or related disciplines.
- 15+ years of professional experience in corporate treasury, FX, or banking.
- Deep knowledge of electronic payment systems and related business operations is highly preferred.
- Experience with SWIFT, real-time payments, treasury management systems, and FX trading platforms.
- Demonstrated ability to drive efficiency and support evolving business requirements.
- Strong management skills with a proven track record of building and leading high-performing treasury operations teams, including talent recruitment, retention, and development.
- Solid project management skills.
- Superior analytical and problem-solving abilities, with demonstrated intellectual and analytical rigor.
- Self-starter, resourceful, and capable of working independently and as part of a team.
- Excellent communication skills, both written and verbal.
- Experience engaging and influencing regulators, central banks, and financial institutions, as well as familiarity with CBDCs, digital payments, and evolving financial regulations, are 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.
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Visa Inc, Singapore Office
71 Robinson Rd, #08-01, Singapore , Singapore, 068895