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Director, Business Development Executive - job 11 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.)
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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

As a Director, Business Development Executive at Visa in beautiful San Francisco, you will be at the forefront of our co-brand business development team, which is essential for raising the bar in how we engage clients. Your mission will be to secure new co-brand opportunities across the US and Canada, collaborating closely with various internal teams to deliver a powerful value proposition to our clients. In this role, you will need to harness your leadership skills, creativity, and strategic vision to drive the Co-brand strategy while pushing Visa's innovative products and solutions to new heights. You will take charge of managing the sales pipeline, spearheading proposals, and ensuring that our pitch resonates with potential clients. Additionally, your role will involve engaging with our partners and colleagues across numerous departments at Visa, from technology to marketing, ensuring we present a unified front. Your responsibilities include leading discussions, negotiating deals, and developing strategies that exemplify Visa's value story. At Visa, you'll not only be shaping our business development objectives but also acting as a thought leader in our industry—a crucial aspect of your role. This position offers flexibility with a hybrid working model, allowing you to enjoy a balanced work-life setup while collaborating with diverse teams to drive success.

Frequently Asked Questions (FAQs) for Director, Business Development Executive Role at Visa
What qualifications are necessary for the Director, Business Development Executive position at Visa?

To apply for the Director, Business Development Executive role at Visa, candidates should have extensive experience in business development, particularly in co-brand partnerships. A strong background in managing sales pipelines, aligning cross-functional teams, and successfully negotiating proposals is essential. Leadership experience, ideally in a similar industry or role, is critical for driving Visa's strategic initiatives and ensuring effective collaboration with both internal stakeholders and external executives.

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What are the key responsibilities of the Director, Business Development Executive at Visa?

As the Director, Business Development Executive at Visa, you will lead the business development for priority co-brand opportunities, manage supplier relationships, and handle P&L responsibilities. You'll oversee the sales pipeline for designated industries, drive external negotiations and discussions, and lead strategic initiatives that define Visa's long-term objectives. Collaborating with senior executives and cross-functional teams will be crucial to drive engagement and growth.

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How does the hybrid work model impact the Director, Business Development Executive role at Visa?

The hybrid work model at Visa for the Director, Business Development Executive allows for a flexible work-life balance. This means you will work from the office 2-3 set days a week, as determined by leadership and business needs. This model encourages collaboration and relationship-building with team members while still allowing for the convenience of remote work.

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What skills are essential for success in the Director, Business Development Executive role at Visa?

Success in the Director, Business Development Executive role at Visa requires strong leadership, strategic thinking, negotiation skills, and the ability to communicate Visa's vision effectively. You must be adept at managing cross-functional collaborations, developing sales strategies, and constructing compelling value propositions that resonate with clients in a rapidly changing industry.

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What does the career path look like for a Director, Business Development Executive at Visa?

A career path for the Director, Business Development Executive at Visa can lead to upper-level executive roles within the organization, such as Vice President of Business Development or Regional Director. The role offers opportunities to develop strategic initiatives and demonstrate thought leadership, which could open additional doors within Visa or in other industry-leading firms.

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Common Interview Questions for Director, Business Development Executive
Can you describe your experience with managing co-brand partnerships?

In your response, highlight specific examples of successful co-brand partnerships you've led, detailing the strategies you implemented, how you identified opportunities, and the impact your efforts had on the company. Be sure to emphasize collaboration with internal teams and communication skills.

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What strategies do you employ to build a strong sales pipeline?

Discuss methodologies you have used, such as market analysis, prospect prioritization, and leveraging relationships. Offer insights into how you've managed to maintain a balanced pipeline across various opportunities while adapting to changing market needs.

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How do you approach negotiations with potential clients?

Share your negotiation framework, emphasizing the importance of understanding client needs, aiming for win-win outcomes, and employing active listening. Discuss past experiences where your negotiation led to beneficial partnerships.

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How do you keep teams aligned on a strategic vision?

Highlight your communication and leadership approaches, such as regular cross-functional meetings, developing a clear value story, and establishing shared goals. Offer specific instances where you successfully aligned teams toward a unified strategy.

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What role does data play in your business development strategies?

Explain how you leverage data analytics to identify opportunities, measure success, and shape your strategies. Provide examples of how data informed your decisions in previous roles and contributed to successful outcomes.

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Can you provide an example of a successful pitch you've developed?

Use this opportunity to walk through a specific pitch you prepared for a high-profile client, detailing the research involved, how you tailored the proposal, and the final outcome. Emphasize creativity, collaboration, and communication.

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How do you foster lasting relationships with clients?

Discuss your strategy for building rapport and trust with clients, such as regular communication, understanding their business challenges, and follow-up after deals are closed to ensure satisfaction and explore further opportunities.

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What challenges have you faced in business development, and how did you overcome them?

Mention specific challenges you encountered, whether it was a difficult negotiation or market changes, and explain the solutions you employed and what you learned from those experiences.

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How do you stay informed about industry trends and innovations?

Share your strategies for continuous learning, such as attending industry conferences, engaging with thought leaders on social media, and reading relevant publications. Highlight how this knowledge has shaped your strategic decisions in the past.

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Why do you want to work as the Director, Business Development Executive at Visa?

Convey your passion for the fintech industry, particularly how Visa's mission aligns with your personal goals. Discuss what excites you about the opportunity to lead co-brand partnerships at Visa and how your background makes you a perfect fit.

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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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