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Senior Director - Financial Institution Sales, NA Visa Direct - job 17 of 19

Company Description 

As the world's leader in digital payments technology, Visa's mission is to connect the world through the most creative, reliable, and secure payment network - enabling individuals, businesses, and economies to thrive. Our advanced global processing network, VisaNet, provides secure and reliable payments around the world, and is capable of handling more than 65,000 transaction messages a second. The company's dedication to innovation drives the rapid growth of connected commerce on any device and fuels the dream of a cashless future for everyone, everywhere. As the world moves from analog to digital, Visa is applying our brand, products, people, network, and scale to reshape the future of commerce. 

At Visa, your individuality fits right in. Working here gives you an opportunity to impact the world, invest in your career growth, and be part of an inclusive and diverse workplace. We are a global team of disruptors, trailblazers, innovators and risk-takers who are helping drive economic growth in even the most remote parts of the world, creatively moving the industry forward, and doing meaningful work that brings financial literacy and digital commerce to millions of unbanked and underserved consumers. 

You're an Individual. We're the team for you. Together, let's transform the way the world pays. 

 

Job Description 

 

Position Summary 

Visa Direct is a money movement solution that Visa provides to clients (issuers, acquirers, processors, merchants and service providers) to facilitate domestic and cross-border fund transfers disbursements using debit card credentials, bank account information or digital wallet addresses around the world.  In the U.S., Visa Direct supports pull and push money movements, i.e., Original Credit Transaction (OCT) and consumer and business applications including real-time bank account funding (AFT), person to person (P2P) transfer, person to micro-business transfer (e.g., payments to landscaper), and funds disbursement (e.g., insurance claim disbursements).  Currently, the NA push payments market globally is estimated to be a USD13T opportunity and there is over USD700B in cross border payments originating from North America. Over the past years we have invested in establishing competitive payment rails and superior market readiness, and we are now ready to focus aggressively on cross border growth. 

Senior Director of Financial Institutions, North America Visa Direct, has ownership and accountability of regional bank and community bank sales opportunities across all Visa Direct product capabilities and endpoints (e.g. international collections, multicurrency wallet and FX services, disbursements to card, account and wallet).  This role will manage a team of sales professionals to own and deliver on aggressive sales targets against these highly visible and challenging client types.  

Purpose and Scope 

Own and deliver the entire annual sales target across regional banks and community banks. 

Develop and lead a team of sales professionals and establish clear organization model  

Support and engage senior Visa Account Executives to build, manage, and execute on a robust pipeline of sales opportunities across their accounts 

Directly engage with client executives to sell, close, and scale all aspects the Visa Direct money movement suite of capabilities 

Partner directly with FI technology providers or enablers to drive joint pipeline conversion  

Influence and drive commercialization strategy across clients’ AEs for the region and across cross-functional stakeholders (marketing, digital sales, comms, finance, etc.) for all use cases and VD capabilities 

Accountable for driving RFP’s and presentations for money movement including developing, managing, and coordinating pitch materials and financial incentives 

Provide market insights and client feedback to internal teams to influence Visa Direct strategy and product roadmap  

Collaborate with internal finance, legal, and deals team stakeholders to remove internal blockers and friction to speed sales execution and drive stronger commercial outcomes for the team 

Directly lead and engage global client sales opportunities (with client who reside in the NA region) while coordinating and collaborating with other regions and internal stakeholders to drive the best commercial outcomes for Visa globally 

 

 

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 Senior Director - Financial Institution Sales, NA Visa Direct, Visa

Welcome to an exciting opportunity as the Senior Director of Financial Institution Sales at Visa Direct, based in the vibrant city of San Francisco! Here at Visa, we're revolutionizing the digital payments space, and this role is integral to our mission. As a Senior Director, you'll spearhead sales initiatives for regional and community banks, driving the adoption of our cutting-edge money movement solutions. This means not just selling a product, but crafting relationships and delivering value that empowers financial institutions to leverage our innovative services. You'll lead a talented team of sales professionals, all while championing our Visa Direct capabilities across domestic and cross-border payments. What’s more? You'll engage directly with client executives to close deals and shape strategic partnerships that enhance our market position. In a rapidly evolving market estimated at USD13T, your leadership will not just help hit sales targets; you'll also influence the future of money movement. Join us at Visa, where your vision can transform the financial landscape for millions of consumers globally. Together, we'll create a seamless payment experience that truly elevates commerce—let's pave the way for the cashless future, one connection at a time!

Frequently Asked Questions (FAQs) for Senior Director - Financial Institution Sales, NA Visa Direct Role at Visa
What are the key responsibilities for the Senior Director - Financial Institution Sales, NA Visa Direct?

As the Senior Director of Financial Institution Sales for Visa Direct, you'll have a diverse set of responsibilities. You will own and deliver the entire annual sales target across regional and community banks while managing a talented team of sales professionals. Ensuring clear organizational goals and collaborating with senior Visa Account Executives will be pivotal for building a robust pipeline of sales opportunities. You will directly engage with client executives to sell and scale Visa Direct’s money movement suite and partner with financial technology providers to drive pipeline conversions.

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What qualifications are required for the Senior Director - Financial Institution Sales, NA Visa Direct position?

To thrive as a Senior Director of Financial Institution Sales at Visa Direct, candidates ideally possess extensive experience in sales, particularly within the financial services domain. A successful track record of managing teams and achieving aggressive sales targets is essential. Additionally, strong strategic thinking, excellent communication skills, and the capability to engage with diverse stakeholders will set you apart. Familiarity with money movement solutions and a comprehensive understanding of market trends in payments are also highly advantageous.

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How does Visa Direct support regional banks and community banks?

Visa Direct is pivotal in supporting regional and community banks by providing an innovative platform for money movement solutions. It enables these financial institutions to utilize Visa's capabilities for both domestic and cross-border fund transfers. This includes services such as Original Credit Transactions (OCT), real-time bank account funding, person-to-person transfers, and more. By partnering with Visa, these banks can improve their service offerings, enhance customer experience and tap into a rapidly expanding market estimated to show significant growth.

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What kind of team management experience is expected in the Senior Director role at Visa Direct?

In the Senior Director role at Visa Direct, you will be expected to develop, lead, and inspire a team of skilled sales professionals. It’s crucial to establish a clear organizational model that fosters collaboration and growth. The ability to mentor your team, promote a results-driven culture, and maintain high engagement levels is essential. Effective team management will ensure not only the achievement of aggressive sales targets but also the development of your team's skills and careers.

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What is the impact of Visa Direct on the competitive payments landscape?

Visa Direct significantly enhances the competitive payments landscape by offering innovative solutions that facilitate money movement. With a comprehensive suite of services such as cross-border payments, digital wallet addresses, and multi-currency transactions, Visa Direct positions itself as a leader in the financial technology arena. Its extensive infrastructure supports a broad range of applications and provides unmatched reliability and security, setting new standards for customers and clients alike in the payment sector.

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Common Interview Questions for Senior Director - Financial Institution Sales, NA Visa Direct
Can you describe your experience in leading sales teams in the financial services industry?

When answering this question, highlight specific roles where you managed sales teams. Discuss your approach to team development, results achieved, and how you fostered a positive and productive work environment.

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How would you create a sales strategy for Visa Direct targeting regional banks?

Outline a structured approach, including market analysis, customer needs assessment, and key performance indicators. Be ready to discuss how you would align your strategy with Visa's broader goals while fostering collaboration within cross-functional teams.

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What methods do you use to engage with client executives effectively?

Share techniques such as building rapport, understanding their business challenges, and providing tailored solutions. Discuss how maintaining strong relationships can lead to closing deals and long-term partnerships.

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How do you stay updated with the latest trends in digital payments?

Mention specific resources like industry publications, networking at events, or participating in relevant online communities. Show how your continuous learning helps in staying ahead in a fast-paced industry.

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Describe a successful negotiation you’ve led in your previous role.

Use the STAR method (Situation, Task, Action, Result) to explain your negotiation process. Showcase your skills in finding common ground and achieving favorable outcomes for both parties.

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What is your approach to setting and achieving sales targets?

Talk about your method for defining realistic yet ambitious targets based on data analysis. Discuss monitoring performance and how you motivate your team to meet these goals.

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How do you prioritize competing sales opportunities?

Explain how you assess each opportunity's potential and impact on overall business strategy. Emphasize your decision-making process and how you communicate priorities to your team.

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What challenges do you foresee in the role of Senior Director at Visa Direct?

Address potential challenges like market competition, regulatory changes, or technology advancements. Emphasize your proactive problem-solving mindset and adaptability in the face of challenges.

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How would you drive collaboration across cross-functional teams?

Discuss methods such as regular touchpoints, shared goals, and facilitating open communication. Highlight your experience in bringing together diverse talents to achieve common objectives.

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What is your vision for the future of Visa Direct in facilitating monetary movement?

Share insights into emerging trends in payments and how Visa Direct can lead in innovation. Offer a forward-thinking approach that aligns with Visa's mission and the evolving needs of clients.

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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, on-site
DATE POSTED
April 3, 2025

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