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Sales Executive, Issuer Processing Services - job 20 of 21

Sales Executive, Issuer Processing Services, at Visa is responsible for developing, maintaining, and executing sales strategies for US Financial Institutions. This position is responsible for selling issuer payment processing services into financial institutions and negotiating contractual arrangements. The position will work closely with internal and external partners to ensure appropriate communication flows and sustained business relationships.

Potential customers are usually medium to large financial institutions.  This role is a senior level functional sales member/leader within the sales function. This role is responsible for developing account strategies to increase revenues from existing accounts and win new accounts. This role is responsible for ensuring implementation of annual goals and plans.

Essential Functions:

  • Develop and execute customized account plans to increase sales volume and market share within the financial institution sectors
  • Create new sales and revenue generating opportunities as appropriate
  • Expand existing relationships/partnerships through the selling of issuer payment processing services
  • Utilize a consultative sales approach that ensures that the client’s business objectives are met and that the performance metrics of their payment portfolios are maximized
  • Prepare proposals and negotiate contractual relationships with financial institutions for accepting and deploying issuer processing services
  • Continuously review client landscape and recommend, develop, and implement new and creative approaches to growing the Visa business
  • Assist marketing and product development in launching new products or expanding the penetration of existing products within current and new accounts
  • Contribute to the development of functional strategy
  • Provide operational or technical leadership within sales
  • Ensure implementation of annual goals and plans
  • Work closely with product management and other functions to understand all aspects of offers being sold to financial institutions and determine sales messages
  • Foster productive relationships at all levels with the client and the Visa organization
  • Develop an understanding of the customer's business including payment strategy across all product platforms
  • Actively participate and lead various ad-hoc internal projects as assigned
  • Participate in sales meetings and training activities

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

$100000 / YEARLY (est.)
min
max
$80000K
$120000K

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 Sales Executive, Issuer Processing Services, Visa

As a Sales Executive in Issuer Processing Services at Visa, you'll take the lead in crafting and executing sales strategies specifically tailored for US Financial Institutions. This is not just a role; it’s an opportunity to make significant impacts as you navigate through the world of issuer payment processing services. You'll engage directly with medium to large financial clients, fostering relationships, negotiating contracts, and ensuring that our offers meet their business objectives. Collaborating with internal teams, you'll be at the forefront of expanding our market share within the financial sector by identifying new revenue opportunities and enhancing existing partnerships. Utilizing a consultative sales approach, you'll ensure that clients not only adopt our services but thrive with them, which in turn maximizes their payment portfolio performance. Your strategic insight will also help shape the development of new products alongside marketing teams to better serve our clients. With annual goals and plans set in place, you'll continuously review client needs and adapt strategies to foster growth within Visa. This hybrid position gives you the flexibility to balance remote work with essential in-office collaboration, ensuring you engage with your team and your clients meaningfully. If you’re passionate about driving sales in a dynamic environment, this role at Visa could be your next big career move.

Frequently Asked Questions (FAQs) for Sales Executive, Issuer Processing Services Role at Visa
What responsibilities does a Sales Executive in Issuer Processing Services at Visa have?

As a Sales Executive in Issuer Processing Services at Visa, your key responsibilities include developing tailored sales strategies for US Financial Institutions, negotiating contracts, and cultivating long-lasting relationships with medium to large financial institutions. You will also create account strategies, identify new sales opportunities, and collaborate with product management to ensure our services meet client needs.

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What qualifications are needed for the Sales Executive position at Visa?

To qualify for the Sales Executive role at Visa, candidates typically need a proven track record in sales, particularly in the financial services or payment processing sectors. Strong negotiation skills, strategic thinking, and the ability to conduct consultative sales are essential. A background with financial institutions can also significantly enhance your candidacy.

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How does the Sales Executive in Issuer Processing Services contribute to the growth of Visa?

The Sales Executive in Issuer Processing Services contributes to Visa's growth by identifying and pursuing new revenue opportunities and enhancing existing client relationships. Through effective account strategies and a consultative approach, you will increase sales volume and market share within the financial institution sector, streamlining Visa’s presence in the industry.

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What does a typical day look like for a Sales Executive in Issuer Processing Services at Visa?

A typical day for a Sales Executive at Visa involves strategic planning, engaging with clients, preparing proposals, and negotiating contracts. You may also spend time reviewing market trends, collaborating with marketing for new product launches, and leading internal projects or meetings. The role demands a balance of independent work and team collaboration.

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What skills are essential for the Sales Executive role at Visa?

Essential skills for the Sales Executive role at Visa include excellent communication and interpersonal abilities, a strong understanding of the financial services landscape, strategic sales acumen, and the capacity for analytical thinking. A knack for relationship-building and the ability to work collaboratively are also critical for success in this position.

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Common Interview Questions for Sales Executive, Issuer Processing Services
How do you approach building relationships with financial institutions as a Sales Executive?

When building relationships with financial institutions, I prioritize understanding their unique needs and pain points. I adopt a consultative sales approach, ensuring I am always available for communication, which fosters trust. Further, by providing tailored solutions and maintaining regular check-ins, I can ensure a strong and productive partnership.

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What strategies do you employ to identify new sales opportunities in the financial sector?

I utilize market analysis to identify potential gaps and opportunities within the financial sector. Networking at industry events, leveraging existing client referrals, and staying updated on emerging trends also help me identify new prospects. Additionally, I continuously communicate with clients to uncover any evolving needs that our services could meet.

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Can you provide an example of a successful negotiation you conducted?

In a previous role, I negotiated a multi-year contract with a mid-sized bank. I prepared by thoroughly understanding their operational needs and financial objectives. By proposing a solution that addressed their specific challenges and highlighting the long-term benefits, I was able to secure favorable terms for both parties, solidifying a fruitful partnership.

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How do you keep track of your accounts and their performance?

I utilize a CRM tool to keep detailed records of each account, including performance metrics and communication history. Regularly reviewing this data allows me to analyze trends, identify areas for improvement, and proactively engage with clients to discuss their changing needs, ensuring our services remain aligned with their goals.

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What methods do you use to stay informed about industry trends?

I subscribe to industry newsletters, attend conferences, and participate in professional groups on platforms like LinkedIn. This engagement keeps me updated on emerging technologies and sector changes. I also prioritize regular discussions with colleagues and clients to gain insights into their experiences and expectations.

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Describe your experience working with cross-functional teams.

Collaborating with cross-functional teams is crucial. I've worked closely with marketing, product management, and technical support to ensure that our offerings are well-received. By establishing clear communication channels and aligning on goals, we can tailor our services to clients effectively and maximize our projects' impact.

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How do you ensure that you meet your sales targets?

Meeting sales targets requires a strategic approach. I set SMART goals and develop action plans aimed at achieving them. Monitoring my progress regularly allows for timely adjustments to my strategies. Additionally, leveraging data analytics helps me identify sales patterns that inform my decision-making.

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What role does feedback play in your sales approach?

Feedback is invaluable in sales. I actively seek feedback from clients and internal teams to understand the effectiveness of my approach. Incorporating constructive criticism allows me to refine my strategies and ensure that I am consistently delivering value to my clients.

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How would you handle a challenging client situation?

In a challenging client situation, I remain calm and empathetic, actively listening to the client's concerns. I would work to identify the root of the problem and develop a collaborative solution. This approach not only resolves issues but also strengthens the relationship with the client by showing them I value their partnership.

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What do you believe sets Visa apart from its competitors in payment processing?

Visa's commitment to innovation and customer service truly sets it apart from competitors in payment processing. The extensive network and strong reputation in the industry enhance client trust. Additionally, Visa continually invests in technology and partnerships that benefit financial institutions, ensuring we deliver cutting-edge solutions that meet their evolving needs.

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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 2, 2025

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