Vice President, Clearing

Visa; Foster City (CA); On-site; USD 235,700 - 409,000; Full time

Benefits offered by this job

Comprehensive benefits package

401(k)

Paid Time Off

Wellness Program

Job summary

A financial technology company is seeking a Vice President, Clearing to take ownership of clearing platforms and lead GenAI-driven transformation efforts. The ideal candidate will have extensive experience in software engineering, proven leadership in large organizations, and a solid background in payments or transaction processing. The position involves ensuring 24/7 operational readiness and managing regulatory compliance, offering a salary range of approximately 235,700 to 409,000 USD per year, along with a comprehensive benefits package.

Qualifications

• 12+ years of work experience with a Bachelor's Degree, or 10 years with an Advanced Degree, or 8 years with a PhD.
• 15+ years of software engineering experience, including senior executive roles.
• Ability to engage credibly with senior leaders and regulators.

Responsibilities

• Lead executive accountability for clearing platforms.
• Drive GenAI transformation across the platform.
• Ensure 24x7 operational readiness and manage risk.

Skills

Leadership in software engineering

Experience in payments and financial services

Knowledge of GenAI and automation

Operational discipline

Education

Bachelor's Degree or relevant advanced degree

Job description

Job Overview

Visa is seeking a Vice President, Clearing role to strengthen executive ownership of the most business‑critical, regulator‑visible components of VisaNet. As Visa scales transaction volume, accelerates platform modernization, and embeds GenAI across core systems, the existing operating model requires additional VP‑level accountability to safely drive transformation without compromising stability, accuracy, or trust.

Reporting to the SVP, Clearing, Settlement and Treasury Services within Payment Products Development (PPD), this VP will operate as a true peer to other PPD platform leaders and as a key execution partner to the CTO agenda.

Essential Functions

End‑to‑End Platform Ownership

• Executive accountability for Clearing platforms that clear, and settle hundreds of millions of transactions daily.
• Ownership of platform outcomes including financial accuracy, settlement timeliness, resiliency, scalability, and regulatory compliance.
• Material influence on issuer and acquirer trust, Visa brand integrity, and revenue execution.

GenAI‑Led Platform Transformation

• Accountability for defining and executing a multi‑year GenAI and automation transformation strategy across Clearing.
• Responsibility for applying GenAI in ways that materially improve platform quality, operational resilience, and execution speed, including:
• Predictive incident detection and prevention.
• Intelligent exception handling and transaction monitoring.
• Automated reconciliation, controls, and audit readiness.
• Responsibility for embedding GenAI across the software development lifecycle, including design, engineering, testing, and operations, to materially improve platform quality, operational resilience, and execution speed.
• Clear ownership of judgment calls on where GenAI meaningfully adds value versus where deterministic, rules‑based approaches must remain.
• Partnership with Architecture, Risk, Legal, and Controls teams to ensure responsible, explainable, and regulator‑ready AI adoption.

Platform Strategy and Modernization

• Ownership of multi‑year modernization roadmaps aligned to VisaNet evolution, cloud adoption, and service‑based architectures.
• Leadership of complex change across deep legacy platforms and modern stacks, with zero tolerance for avoidable operational risk.
• Strategic input into enterprise architecture, data strategy, and platform standardization decisions that affect VisaNet at scale.
• Driving the evolution of engineering standards to ensure long‑term scalability and excellence.

Operations, Risk and Regulatory Readiness

• Accountability for 24x7, always‑on operations with extreme availability and accuracy requirements.
• Ownership of production readiness, incident management, post‑incident learning, audits, and regulatory engagements.
• Responsibility for operational, financial, and risk metrics surfaced at Executive Leadership Team, Board, and regulator levels.

People and Leadership

• Leadership of a large, globally distributed engineering organization spanning multiple time zones.
• Development of strong succession pipelines, including leaders with deep platform and GenAI fluency.
• Establishment of a culture centered on ownership, operational discipline, accountability, and responsible innovation.
• Partner with Product, Platform Architecture, Treasury, Risk, and Operations leaders to deliver end‑to‑end payment processing outcomes.
• Translate business, regulatory, and risk requirements into clear platform strategies and executable plans.
• Drive GenAI adoption in ways that are outcome‑focused, measurable, and regulator credible.
• Lead modernization efforts while actively managing tradeoffs between speed, stability, and operational risk.
• Act as a senior voice in executive forums, clearly articulating risk, opportunity, and platform tradeoffs.
• Represent the organization in regulatory discussions, audits, and critical partner engagements as required.

Basic Qualifications

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

Preferred Experience

• 15+ years of software engineering experience, including senior executive leadership roles.
• Proven experience leading large, globally distributed engineering organizations (100+ engineers).
• Ownership of mission‑critical, regulator‑visible platforms operating at global scale.
• Background in payments, financial services, or large‑scale transaction processing platforms.
• Demonstrated experience driving AI‑enabled or automation‑led transformation in high‑risk operational environments.
• Hands‑on experience applying GenAI, ML, or advanced analytics in production systems.
• Strong record of exercising judgment across modernization, financial risk, and regulatory exposure.
• Experience operating within audit‑intensive, highly regulated environments.
• History of leading modernization across deeply entrenched legacy platforms.
• Ability to engage credibly with SVPs, regulators, auditors, and external partners.

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.

U.S. APPLICANTS ONLY: The estimated salary range for this position is 235,700 to 409,000 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.

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, including the requirements of Article 49 of the San Francisco Police Code.