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Director, Business Development Executive - job 9 of 21

The Co-brand business development team forms a critical part of the NA Co-brand team, as part of the Enabler, Merchant and Fintech (EMF) team.

Our team’s mission is to win new co-brand business in the US and Canada. The team is engaged across multiple functions within the Visa US organization to bring the very best of Visa’s expertise and assets to our clients, earning well-qualified wins to drive revenue growth while building trust and growing engagement and satisfaction among teammates, partners and clients.

The Director, Co-Brand and Partnership Development is responsible for leading and executing a Co-brand and broader partnership development strategy for one of the key verticals on the team.  This role requires leadership, vision and creativity to develop the Co-brand strategy, drive the expansion of Visa products and solutions, and lead the overall commercialization of Visa’s business development objectives.

This role will report directly to the Senior Director, Head of North American Co-Brand Business Development This role will collaborate with key executive leadership from functions across Visa such as EMF sales leaders, issuer account leaders, marketing, technology, customer support, and product teams. Externally, this role will collaborate with senior executives at merchants, issuers and consultants.

Key Responsibilities:

  • Lead business development and own P&L for high priority co-brand opportunities in North America including renewals, net new opportunities, and takeaway engagements.
  • Develop and manage the US Co-brand sales pipeline including prospect prioritization, sales strategy and cross functional collaboration for a designated industry vertical
  • Drive pitch and proposal development and lead external discussions and negotiations with the client to secure new business.
  • Drive cross-functional discussions with the relevant stakeholders to construct Visa’s value story and lead internal alignment.
  • Lead strategic initiatives that define Visa’s long-term approach and demonstrate thought leadership to our partners.
  • Serve as internal and external thought leader responsible for communicating Visa's Co-brand and partnership vision, strategy and perspective within a rapidly evolving industry.

This position can be located at any Visa office.

 

This is a hybrid position. Hybrid employees can alternate time between both remote and office. Employees in hybrid roles are expected to work from the office 2-3 set days a week (determined by leadership/site), with a general guidepost of being in the office 50% or more of the time based on business needs.

Average salary estimate

$175000 / YEARLY (est.)
min
max
$150000K
$200000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Director, Business Development Executive, Visa

Are you ready to take your career to the next level as a Director, Business Development Executive at Visa in San Francisco? Join a vital part of our Co-brand business development team, where your expertise will drive new co-brand opportunities across the US and Canada. In this role, you'll be leading a dynamic team that collaborates closely with various functional areas within Visa, ensuring that we present the best of our capabilities to clients. You'll leverage your leadership skills and innovative thinking as you shape our Co-brand strategy, expand Visa's products, and spearhead the commercialization of our business development goals. Your day-to-day will involve owning the P&L for priority co-brand opportunities, managing a robust sales pipeline, and engaging directly with clients through pitches and negotiations. Plus, you will have the exciting opportunity to influence Visa's long-term direction by serving as a thought leader in a rapidly changing industry landscape. With a hybrid work model, you'll enjoy the flexibility of working both remotely and in-office; just aim to be in our San Francisco location 2-3 days a week. If you're passionate about building partnerships and thriving in a collaborative environment, this role is calling your name!

Frequently Asked Questions (FAQs) for Director, Business Development Executive Role at Visa
What are the responsibilities of a Director, Business Development Executive at Visa?

As a Director, Business Development Executive at Visa, your key responsibilities include leading business development initiatives, managing the P&L for significant co-brand opportunities, and developing sales strategies for designated industry verticals. You'll collaborate with cross-functional teams, drive pitch development, and negotiate with clients to win new business.

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What qualifications are required for the Director, Business Development Executive position at Visa?

To excel as a Director, Business Development Executive at Visa, candidates typically need extensive experience in business development or sales leadership within the financial services sector, a deep understanding of co-brand partnership strategies, and excellent communication and negotiation skills. A degree in business or a related field is usually required.

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How does the Director, Business Development Executive contribute to Visa's growth?

The Director, Business Development Executive plays a crucial role in Visa's growth by identifying and securing high-priority co-brand opportunities, driving revenue through strategic partnerships, and enhancing Visa's competitive position in the market. Your leadership and innovative strategies will be vital for expanding Visa's product offerings.

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What is the work environment like for the Director, Business Development Executive role at Visa?

The work environment for the Director, Business Development Executive at Visa is collaborative and dynamic, with opportunities to interact with senior leadership and external partners. The role supports a hybrid work model, balancing remote work and in-office collaboration, allowing for flexibility and interaction with various teams.

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What skills are essential for a successful Director, Business Development Executive at Visa?

Essential skills for the Director, Business Development Executive include strong leadership, strategic thinking, creativity in business development, excellent negotiation abilities, and the capability to effectively communicate Visa's partnership vision. Additionally, an aptitude for building relationships and managing cross-functional teams is critical for success.

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Common Interview Questions for Director, Business Development Executive
How do you approach developing a new co-brand partnership strategy?

When developing a co-brand partnership strategy, I start with thorough market research to understand industry trends and competitor offerings. I engage in discussions to identify potential collaborators and leverage Visa's unique value proposition, ensuring that the strategy aligns with broader business goals.

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Can you describe your experience with P&L management in business development?

I have extensive experience managing P&L as it relates to business development projects. This involves setting revenue targets, analyzing financial performance, and adjusting strategies to ensure profitability. I consistently track expenses and revenues to optimize return on investment in all partnership activities.

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What strategies do you use for effective client negotiation?

In client negotiations, I emphasize understanding the client’s needs and goals first. I approach discussions with a win-win mindset, presenting Visa's offerings in a way that aligns with their objectives, and I prepare thoroughly by anticipating potential objections or concerns they might raise.

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How do you evaluate potential co-brand partnership opportunities?

I evaluate potential co-brand partnership opportunities by conducting a thorough analysis of the market, aligning the partnership with Visa's strategic objectives, and assessing the synergy between both brands. Metrics such as expected revenue growth, brand alignment, and mutual benefits are key factors in my evaluation.

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What role does cross-functional collaboration play in your work?

Cross-functional collaboration is paramount in my work. It enables sharing of diverse insights and perspectives which lead to stronger proposals and strategies. I often initiate meetings with key stakeholders to align on our objectives and ensure everyone contributes their expertise toward our common goals.

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Can you give an example of a successful business development project you've led?

In my last role, I led a project to establish a co-brand partnership with a major retail chain. By leveraging in-depth market analysis and negotiating terms that benefited both parties, we achieved a significant increase in customer acquisition and retention, which directly contributed to revenue growth.

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How do you keep up with industry trends in business development?

I stay updated on industry trends through continuous professional development, attending conferences, participating in relevant networking groups, and following leading business publications. This helps me remain informed about new strategies, technologies, and market shifts that can impact our development efforts.

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What do you believe is the key to maintaining successful long-term partnerships?

The key to maintaining successful long-term partnerships is communication and trust. Regular updates, transparency in dealings, and delivering on promises help strengthen the relationship. I believe in nurturing partnerships by actively seeking feedback and adapting our strategies as necessary to meet evolving needs.

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How would you establish Visa's value proposition in a pitch?

In establishing Visa's value proposition during a pitch, I focus on clearly articulating the unique benefits that Visa offers, such as our innovative solutions, robust analytics capabilities, and strong market presence. Tailoring the presentation to address the client's specific challenges and demonstrating how we can solve them is vital.

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What makes you a good fit for the Director, Business Development Executive position at Visa?

My extensive background in business development, coupled with my strategic mindset and proven track record of fostering successful partnerships, make me an excellent fit for the Director, Business Development Executive position at Visa. I am passionate about driving growth and leveraging opportunities that align with Visa's mission.

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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, hybrid
DATE POSTED
April 3, 2025

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