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Account Executive - job 2 of 4

Company Description

Visa is a world leader in payments and technology, with over 259 billion payments transactions flowing safely between consumers, merchants, financial institutions, and government entities in 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 while driven by a common purpose – to uplift everyone, everywhere by being the best way to pay and be paid.

Make an impact with a purpose-driven industry leader. Join us today and experience #LifeatVisa.

Job Description

This role is accountable for driving sales, retaining payment volume and revenue across a segment of Community issuing financial institutions in the Northeast region. This includes the proactive creation and execution of opportunities to drive net new growth while retaining and growing the existing portfolio. This role requires the ability to clearly articulate the Visa value proposition to various audiences, independently explain critical contract terms and effectively negotiate to secure mutually agreeable contracts with Community issuers.

The ideal candidate will have a proven track record in employing disciplined sales practices, including but not limited to building and maintaining a robust pipeline, developing and executing against a territory management plan, and delivering on ambitious sales quotas and OKRs. The ideal candidate must be an experienced sales and business development leader who has worked in the payments ecosystem and maintains executive-level relationships with banking and credit union clients. 

Accountabilities:

  • Drive the strategy, pipeline, and agenda for the banks and credit unions in the identified territory within the Northeast region.
  • Identify strategic opportunities through client engagement. Develop a strong understanding of the segment and customer business needs to deliver value to our Financial Institutions and their clients / members.
  • Serve with credibility and excellence as the face of Visa to our clients and partners, drive thought leadership and vision in the market.
  • Engage with industry associations to drive Visa engagement and visibility in market. 
  • Continuously review market and competitive landscape, identifying opportunities and strategies that will position Visa as the market leader.
  • Strong focus on execution and deliverables.  Proven record of exceeding goals.
  • Identify strategic innovation and development opportunities through a strong understanding of the customer's business.
  • Operate with the highest level of sales discipline by mastering Visa’s CRM systems/tools to develop and maintain territory and pipeline.
  • Influence the client’s vision for the future of card and non-card payments, consistent with Visa’s strategies.
  • Continuously review client strategies and market landscapes to identify themes, risks, opportunities and insights, and effectively communicate those with peers and the Northeast region VP.
  • Develop client engagement approaches to ensure that client and Visa business objectives are met.
  • Deliver on annual goals and objectives.
  • Represent Visa at industry meetings and trade shows and generate and lead external speaking engagements.

This is a remote position. A remote position does not require job duties be performed within proximity of a Visa office location. Remote positions may be required to be present at a Visa office with scheduled notice.

Qualifications

Basic Qualifications:

  • 10 or more years of work experience with a Bachelor’s Degree or at least 8 years of work experience with an Advanced Degree (e.g. Masters/ MBA/JD/MD) or at least 3 years of work experience with a PhD


Preferred Qualifications:

  • 12 or more years of work experience with a Bachelor’s Degree or 8-10 years of experience with an Advanced Degree (e.g. Masters, MBA, JD, MD) or 6+ years of work experience with a PhD
  • Strong understanding of payment networks, processes, and ecosystem participants.
  • Experienced solution sales leader with a record of accomplishment for delivering results, must possess the ability to identify the inspired path forward to partner, structure creative financial partnership constructs, and demonstrate success in contract negotiations to drive a deal to close quickly.
  • Strong customer-facing communication skills. Experience in managing relationships and cultivating deep, trusted partnerships with clients and partners. Ability to explain complex business concepts to broad audiences in an engaging way.
  • Natural collaborator with excellent communication skills. Must be self-motivated and comfortable with ambiguity, possessing the maturity and competence to influence across multiple levels and organizations including internal and external stakeholders.
  • Excellent communication and group presentation skills. Executive presence, and comfortable presenting with the C-suite.
  • Demonstrated thought leadership and the aptitude to challenge the status quo and identify new opportunities to innovate and differentiate.

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.

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.

Visa will consider for employment qualified applicants with criminal histories in a manner consistent with applicable local law, including the requirements of Article 49 of the San Francisco Police Code.

U.S. APPLICANTS ONLY: The estimated salary range for a new hire into this position is 135,300 to 245,400 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.

Average salary estimate

$190350 / YEARLY (est.)
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$135300K
$245400K

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What You Should Know About Account Executive, Visa

Are you ready to take your sales career to the next level with Visa as an Account Executive? Located in the vibrant city of Boston, MA, this position is all about driving sales and retaining revenue within a diverse segment of community issuing financial institutions across the Northeast region. You'll be at the forefront of creating innovative strategies to foster growth and enhance existing client relationships. With your expertise in the payments ecosystem, you’ll effectively communicate the Visa value proposition to a variety of audiences, ensuring that both new and existing clients see the immense benefits of partnering with us. As an Account Executive at Visa, you will build and maintain an impressive sales pipeline, develop a robust territory management plan, and consistently deliver on ambitious sales objectives. This role is perfect for someone who thrives on engagement and enjoys visiting industry events to represent Visa and create a lasting impact. Your ability to manage executive-level client relationships while navigating a dynamic market will be key to your success. Engage with various stakeholders, deliver insightful strategies, and drive Visa’s mission of connecting the world through secure and innovative payment solutions. If you’re a motivated self-starter with a passion for sales innovation and a strong background in payments, this remote position offers a unique opportunity to elevate your career while making a significant contribution to Visa's success. Join us and discover how you can uplift individuals, businesses, and communities through the power of payments!

Frequently Asked Questions (FAQs) for Account Executive Role at Visa
What are the primary responsibilities of an Account Executive at Visa?

As an Account Executive at Visa, your key responsibilities include driving sales, retaining payment volume and revenue, and strategically engaging with community issuing financial institutions. You'll need to create and execute opportunities for new growth, articulate the Visa value proposition, and maintain excellent executive relationships. Additionally, you'll analyze market trends and engage in contract negotiations to secure mutually beneficial agreements.

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What qualifications are preferred for the Account Executive position at Visa?

For the Account Executive role at Visa, the preferred qualifications include having at least 12 years of experience with a Bachelor's Degree or around 8-10 years with an Advanced Degree. Having a strong understanding of payment networks and a proven record in solution sales will greatly enhance your candidacy, showcasing your ability to deliver results and manage client relationships effectively.

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How does Visa support the professional development of its Account Executives?

Visa is committed to the growth of its employees, particularly Account Executives, through various professional development programs. This includes training in sales practices, access to innovative tools and resources, mentorship opportunities, and participation in industry events that enhance visibility and expertise in the payments ecosystem.

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What is the work environment like for Visa's Account Executives?

The work environment for Visa's Account Executives is flexible and dynamic, as the position can be performed remotely. While you'll maintain constant communication with your team and clients, the role also allows you to schedule meetings and industry engagements in person, ensuring that collaboration happens smoothly in a hybrid setting.

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What are the performance metrics for an Account Executive at Visa?

Performance metrics for an Account Executive at Visa typically include achieving ambitious sales quotas, maintaining a robust sales pipeline, and successfully executing a territory management plan. Additionally, contributions to client satisfaction, successful contract negotiations, and strategic engagement in the market will also be evaluated to measure your success in the role.

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Common Interview Questions for Account Executive
Can you describe your experience in the payments ecosystem?

To answer this question effectively, you should highlight your previous roles in sales within the payments industry, mentioning specific products or services you sold and your understanding of payment processes. Discuss key achievements, such as partnerships you established, that showcase your expertise and ability to drive results.

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How do you prioritize your sales pipeline?

When discussing pipeline prioritization, demonstrate your ability to assess opportunities based on their potential revenue, alignment with client needs, and strategic fit. Share your methods for regular review and adjustment and emphasize how you leverage data and CRM tools to ensure that high-value leads are engaged promptly.

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What strategies do you use to engage executive-level clients?

Discuss strategies such as building rapport, tailoring your communication style to suit the executive's preferences, and demonstrating your understanding of their business challenges. Show that you can present data-driven insights and the Visa value proposition in a way that aligns with their goals and aspirations.

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How do you handle objections during the sales process?

Provide examples of how you've successfully navigated objections by remaining composed, asking clarifying questions, and turning objections into opportunities for deeper discussions. Highlight your skills in empathizing with client concerns and delivering impactful solutions.

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What makes you passionate about working in sales for Visa?

To convey your passion, articulate your personal connection to Visa's mission and values. Discuss experiences that have shaped your enthusiasm for payment innovation and emphasize how you see this role aligning with your career goals while contributing to the broader community.

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Describe a time you exceeded a sales goal. What did you do differently?

Use the STAR (Situation, Task, Action, Result) method to structure your response. Clearly outline the context, your objectives, the specific actions you took to surpass the goal, and the measurable impact it had. This demonstrates your capacity to innovate and achieve unexpected outcomes.

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How do you keep up with industry trends?

Mention the publications, websites, or organizations you follow to stay informed about payment trends. Discuss how you incorporate new knowledge into your strategies and bring innovative ideas that benefit your clients and the organization.

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What is your approach to territory management?

Explain your systematic approach to territory management, including the development of comprehensive plans and engagement strategies. Stress the importance of aligning your efforts with client needs, reviewing performance regularly, and adapting your strategies based on market changes.

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Can you provide an example of a successful negotiation?

Provide a specific example of a negotiation where you achieved a favorable outcome. Discuss your preparation, the tactics used, and the final agreement, focusing on how your negotiation skills led to a win-win scenario for both parties.

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What role does collaboration play in your sales approach?

Discuss your belief in the power of collaboration and how you rely on cross-functional teams to create robust solutions. Highlight examples where collaboration led to innovative outcomes and strengthened client relationships.

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Visa Inc. operates as a payments technology company worldwide. The company facilitates commerce through the transfer of value and information among consumers, merchants, financial institutions, businesses, strategic partners, and government entiti...

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Full-time, remote
DATE POSTED
April 12, 2025

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