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Director, Flexible Interchange Program Product Management - job 8 of 20

Visa Commercial Solutions (VCS) is a world-class organization responsible for growing all flows between businesses and governments, from SMBs to the largest global corporations.  The Core Products and Platforms team (LMM and SMB) is part of VCS and works closely with financial institutions and fintechs to bring payment solutions that meet the needs of growth corporates, large enterprises, multinationals, governments, public sector entities, and small businesses around the world.  The team is responsible for the product development and management of a suite of products, encompassing core products such as Fleet, Travel, Purchasing, Virtual Cards, Small Business, as well as new B2B payment offerings and emerging verticals such as Employee Benefits, providing innovative payment capabilities that exceed client expectations.

The Director, Flexible Interchange Program Product Management plays a crucial role in shaping Visa’s Flexible Interchange solutions to more aggressively capture B2B payment flows for Visa and our clients. The role is responsible for the Visa Commercial Choice (VCC) suite, a set of flexible interchange products that enable our issuing clients to capture incremental payment volume by establishing mutually beneficial economic terms with commercial suppliers.  This role will lead product strategy, management, development, market positioning and commercialization for the full VCC suite to advance this program globally.  This role will also be responsible for product strategy, management, development and commercialization of the Purchasing Large Ticket (PLT) program, which addresses our clients’ needs to capture high value payments on card. 

In addition to enhancing the VCC and PLT products, the Director will lead the design, development and implementation of new and differentiated pricing solutions to further accelerate Visa’s capture of B2B payment volume. 

The ideal candidate is an experienced senior product leader with the ability to inspire and motivate teams in a fast-paced and dynamic environment.  He/she must have proven experience in developing and leading teams to commercialize innovative products that deliver substantial value propositions to the market.  This role requires strategic leadership, innovation, collaboration, and problem-solving skills.  He/she is creative and hands-on, has a bias towards action and is able to inspire others with his/her vision.

This role requires breadth of knowledge and experience in commercial/B2B payments.  In addition to traditional product management experience, the ideal candidate will have prior experience with Interchange and/or Pricing frameworks.

RESPONSIBILITIES:

Product Strategy and Development (VCC,PLT, and new/differentiated pricing solutions):

  • Define the overall product vision and strategic goals for each Flexible Interchange product and solution

  • Develop product narratives and key value propositions

  • Define and prioritize features, enhancements and capabilities, develop product roadmaps, and ensure alignment to overall product vision

  • Interface with tech teams and managed development

  • Collaborate with regional partners to understand and translate customer and market needs into product solutions that deliver substantial value propositions

  • Collaborate with B2B Acceptance team, global platform owners as well as core technology teams on the planning, prioritization and execution of the product roadmaps 

  • Interfacing with Tech and managing development

  • Ensure the product strategy and product roadmaps are aligned and well-articulated to customers, prospects and partners, as well as internally within Visa

  • Oversee and manage key commercialization activities to support regional GTM strategies

  • Establish and codify processes to ensure a simplified sales, implementation and onboarding model to support scale

  • Educate and empower regional teams to drive client adoption & market penetration

  • Monitor product performance, enhance KPI dashboards, derive intelligence to ensure data driven decision making

Strong team culture

  • Develop and inspire a team focused on delivering best-in-class products and solutions

  • Demonstrate thought leadership and enable flawless execution

  • Create a team culture that amplifies Visa’s Leadership Principles and champions our innovative DNA across the organization

This is a hybrid position. Expectation of days in office will be confirmed by your hiring manager.

 

Average salary estimate

$160000 / YEARLY (est.)
min
max
$120000K
$200000K

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What You Should Know About Director, Flexible Interchange Program Product Management, Visa

Join Visa Commercial Solutions (VCS) as the Director, Flexible Interchange Program Product Management, where you will spearhead innovative payment solutions that cater to businesses of all sizes, from nimble small enterprises to major global corporations. In this pivotal role, you'll manage the Visa Commercial Choice (VCC) suite—designed to optimize B2B payment flows—and the Purchasing Large Ticket (PLT) program, ensuring our clients can maximize their payment volume and capture high-value transactions effectively. Collaborating with financial institutions and fintechs, you'll define product strategies that encompass roadmaps, features, and enhancements to elevate market offerings. As you interface with tech teams, your ability to translate customer insights into actionable solutions will drive success and streamline onboarding processes. With a focus on inspiring and leading teams, you’ll foster a strong culture centered on Visa’s Leadership Principles. A dynamic and fast-paced environment requires a candidate who is not only creative and hands-on but also skilled in commercial/B2B payments, interchange, and pricing frameworks. If you're ready to elevate Visa's Flexible Interchange solutions and inspire innovation in a key leadership position in San Francisco, then this is the opportunity for you.

Frequently Asked Questions (FAQs) for Director, Flexible Interchange Program Product Management Role at Visa
What are the main responsibilities of the Director, Flexible Interchange Program Product Management at Visa?

The Director, Flexible Interchange Program Product Management at Visa is primarily responsible for shaping the product strategy of the Visa Commercial Choice (VCC) suite and the Purchasing Large Ticket (PLT) program. This involves defining the overall product vision, managing product development and commercialization, prioritizing features, and collaborating with both tech teams and regional partners. Additionally, the role includes overseeing key commercialization activities, driving client adoption, and creating a best-in-class team culture focused on delivering exceptional products.

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What qualifications are required for the Director position at Visa?

Candidates for the Director, Flexible Interchange Program Product Management at Visa should possess extensive experience in B2B payments and product management. Proven leadership abilities, particularly in developing and motivating teams, are essential. Additionally, the ideal candidate should have a deep understanding of interchange and pricing frameworks. A strategic mindset, coupled with a hands-on approach, will be crucial for inspiring innovation and ensuring successful execution within a fast-paced environment.

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How does the Director, Flexible Interchange Program Product Management drive innovation at Visa?

In the role of Director, Flexible Interchange Program Product Management, you will drive innovation by establishing clear product strategies, encouraging creativity, and inspiring your team to develop differentiated pricing solutions. By staying attuned to market trends and client needs, you can shape the product roadmaps and collaborate with global partners to position Visa at the forefront of B2B payment solutions. Your leadership will cultivate a culture of innovation that underscores Visa's commitment to delivering substantial value to its clients.

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What kind of collaborative efforts are involved in this Director position at Visa?

The Director, Flexible Interchange Program Product Management at Visa involves significant collaboration with various teams, including tech, B2B Acceptance, and global platform owners. You will work hand-in-hand to translate customer feedback into product features, develop strategies for implementation, and ensure that all team members are aligned with the product vision. Effective collaboration is key to understanding market needs and driving successful adoption strategies across multiple regions.

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What is the work environment like for the Director role at Visa?

The role of Director, Flexible Interchange Program Product Management at Visa is situated in a hybrid work environment, ensuring a balance between remote and in-office work. This flexible model encourages collaboration while allowing employees to maintain a healthy work-life balance. You'll engage with a diverse team in a fast-paced and dynamic setting that fosters innovation and champions Visa's Leadership Principles.

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Common Interview Questions for Director, Flexible Interchange Program Product Management
Can you describe your experience with product management in the B2B payments sector?

When discussing your experience, focus on specific projects where you've led product development or strategy in B2B payments. Highlight any challenges you overcame or innovations you spearheaded. It's also beneficial to mention any relevant metrics that demonstrate the impact of your contributions.

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How do you prioritize product features for a diverse range of client needs?

To effectively prioritize product features, discuss your approach to gathering customer feedback and market data. Mention the use of frameworks like the MoSCoW method (Must have, Should have, Could have, Won't have) to categorize features based on client impact, and how you align them with overall product strategy.

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What strategies have you used to drive client adoption of new products?

In your response, provide examples of marketing or training initiatives you implemented to enhance client readiness for new product launches. Discuss partnerships with sales teams and any user feedback mechanisms you established to iterate and improve the product experience.

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How do you handle challenges in a fast-paced work environment?

Share specific instances where you've navigated challenges in a high-pressure setting. Highlight your problem-solving skills and ability to adapt by demonstrating how you maintained focus on team objectives and drove project milestones despite obstacles.

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What role does data play in your decision-making process?

Explain how you leverage key performance indicators (KPIs) and analytics to inform product decisions. Provide examples of how data-driven insights have led to successful product iterations or strategic changes, emphasizing the importance of continuous improvement.

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Can you give an example of a successful product launch you've managed?

Describe a specific product launch, detailing your role in strategy development, team collaboration, and execution. Discuss the strategies used to measure success, such as user engagement metrics or sales forecasts, and reflect on what you learned from the experience.

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How do you ensure effective cross-functional collaboration?

Discuss methods you've employed to facilitate communication and teamwork across different departments, such as regular updates, shared goals, or collaborative tools. Highlight any successful outcomes from these efforts and how they benefited the overall product.

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What tools or methodologies do you prefer for product management?

Mention popular product management tools you've used, such as JIRA, Trello, or Asana, and discuss any methodologies like Agile or Scrum that you've successfully implemented. Explain how these tools contribute to streamlined workflows and team productivity.

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What is your approach to mentoring and leading a product team?

Share your philosophy on leadership, emphasizing the importance of creating an inclusive environment where team members feel empowered to share ideas. Provide an example of how you've guided team members' professional growth through coaching or feedback.

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How do you keep up with industry trends and advancements in payment solutions?

Discuss any professional development activities you engage in, such as attending industry conferences, networking with peers, or following relevant publications. Highlight how staying informed influences your strategic thinking and product innovation.

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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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