Join Visa Europe and become part of the global leaader in payments technology.
Visa Europe is owned and operated by more than 4,000 European member banks and was incorporated in July 2004. In October 2007, Visa Europe became independent of the new global Visa Inc., with an exclusive, irrevocable and perpetual licence in Europe.
As a dedicated European payment system it is able to respond quickly to the specific market needs of European banks and their customers - cardholders and retailers - and to meet the European Commission’s objective to create a true internal market for payments. Visa enjoys unsurpassed acceptance around the world. In addition, Visa/PLUS is one of the world’s largest global ATM networks, offering cash access in local currency in over 200 countries.
Key Responsibilities:
- Identify and monitor EU-related plans and activities likely to affect Visa’s activities and liaise with business owners when relevant to ensure that Visa Europe is involved as early as possible in relation to relevant initiatives in order to maximise influence
- Develop and enhance relations with Commission and ECB officials, European banking associations and other card schemes to improve co-operation and to ensure a better understanding of the Visa organisation
- Develop and enhance Visa’s presence and influence in e.g. the European Parliament while establishing relationships with relevant MEPs to ensure Visa Europe is understood as European Payment system
- Advise other Visa Europe staff and Members on the potential implications of relevant EU legislative initiatives for their area of responsibility to ensure the company’s products and services operates within appropriate legal and regulatory framework
- Review products, services and externally published materials to ensure compliance with relevant regulations and legislation to ensure the company’s products and services operates within appropriate legal and regulatory framework
- Dealing with queries from regulators including the EU Commission, OFT, ECB and other European Central Banks to protect the interests and profitability of Visa Europe and its members
- Formulate Visa’s policy and response to EU-related issues affecting Visa and/or its Members in cooperation with relevant staff internally and under guidance from head of function. Formulate position papers, and conduct research in relevant areas in view of establishing pro-actively company positions on selected topics
Knowledge and experience required:
- The candidate will ideally be educated to Masters degree level (or equivalent) in Law or Economics
- A self-starter, self-sufficient as well as true team player and have a high degree of integrity and empathy
- Ability to represent Visa externally with regulators/lawmakers and Members
- Requires a developing understanding of Visa Europe’s business and strategy
- Ideally the candidate will possess a minimum of 2 years in-depth experience in dealing with EU institutions and other European regulatory bodies and formulating and initiating policy
- Ideally the candidate will possess a minimum of 1-years experience in dealing with the full spectrum of business, technical and regulatory aspects of the Visa Europe business in order to be able identify issues, asses impacts, react and interact with relevant regulators and lawmakers
- In-depth understanding of how Brussels works, knowledge of the European Institutions and the EU decision making process):
- Spot looming issues and problems
- Analyse and suggest policy proposals
- Detailed understanding of the internal processes of Brussels Institutions (who, what, where, when, how) – within and between Commission, Council, Parliament, Member States (in detail)
- Establish personal and institutional relationships at various levels
- Anticipate upcoming initiatives – identify opportunities for Visa to participate