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Senior Director - Financial Institution Sales, NA Visa Direct - job 2 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

Join the vibrant team at Visa, where as a Senior Director - Financial Institution Sales for the Visa Direct division, you'll play a pivotal role in transforming the landscape of money movement solutions. Based in San Francisco, you'll lead a dynamic group of sales professionals focused on delivering ambitious sales targets within regional banks and community banks. Visa Direct is not just about transactions; it’s about revolutionizing how money moves across borders and within communities. You'll engage with key client executives, fostering relationships that can change how funds are disbursed, whether it’s insurance claims or personal payments. Your expertise will shape the strategy and commercialization efforts for Visa Direct, taking us to new heights in the industry’s burgeoning landscape. With the North American push payments market presenting a monumental USD13 trillion opportunity, your leadership will guide our team towards aggressive growth through innovative solutions and collaborative efforts with financial institutions. This is more than a job; it's a chance to be part of something larger where your individuality complements Visa’s diverse culture dedicated to innovation and inclusion. Join us to create a cashless future that empowers consumers and businesses alike, and help us drive meaningful growth in the digital commerce space. Together, we’ll transform the way the world pays!

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

As a Senior Director - Financial Institution Sales at Visa Direct, you'll own the annual sales target for regional and community banks, develop and lead a skilled sales team, and engage with client executives to promote Visa Direct's suite of money movement solutions. Your role includes managing RFPs, coordinating presentation materials, and collaborating across functions to enhance the commercialization strategy, ensuring the successful delivery of our innovative payment solutions.

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What qualifications are required for the Senior Director position at Visa Direct?

Candidates applying for the Senior Director - Financial Institution Sales position at Visa Direct should have a robust background in sales leadership, particularly within the financial services sector. Highly desirable qualifications include extensive experience with money movement solutions, strong relationship management skills, and a proven track record of achieving aggressive sales targets. Additionally, a deep understanding of the North American payments landscape and prior experience leading teams will be significant assets.

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How does the Senior Director role impact Visa Direct's growth in North America?

The Senior Director - Financial Institution Sales at Visa Direct plays a crucial role in driving growth in North America by spearheading sales strategies aimed at engaging regional and community banks. This includes harnessing the opportunity presented by the USD13 trillion push payments market and leading initiatives that promote Visa Direct's capabilities, thereby expanding our market presence and enhancing client relationships.

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What kind of team will the Senior Director oversee at Visa Direct?

In the role of Senior Director - Financial Institution Sales at Visa Direct, you will oversee a team of dedicated sales professionals. This team will work collaboratively to meet sales targets across various Visa Direct offerings, including disbursement solutions and real-time fund transfers. You'll be responsible for fostering a high-performance culture that encourages innovation, teamwork, and customer-centric approaches.

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What is Visa Direct's vision for the future of payment solutions?

Visa Direct envisions a future where payments are seamless, instant, and global. Our goal is to redefine the cash movement experience, making financial transactions easier for users and businesses alike. As a Senior Director, you will play a pivotal role in realizing this vision by driving strategic initiatives that enhance our payment offerings and expanding the adoption of our innovative solutions.

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Common Interview Questions for Senior Director - Financial Institution Sales, NA Visa Direct
Can you explain your experience with money movement solutions relevant to the Senior Director role?

When answering this question, highlight specific positions where you developed or managed money movement solutions, detailing the scale of operations, client relationships, and your contributions to enhancing their effectiveness. Use concrete figures or outcomes to underscore your impact in previous roles.

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How would you lead a team to achieve aggressive sales targets?

Discuss your leadership style, emphasizing strategies for motivating your team and setting clear goals. Share examples of how you have successfully driven teams in the past, detailing how you assess team strengths and align them with organizational objectives.

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What challenges do you foresee in the North American financial services market?

Identify key trends such as regulatory changes, technological advancements, and consumer behaviors that impact the financial services landscape. Discuss how you're prepared to address these challenges and leverage them to benefit Visa Direct’s objectives.

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How do you approach building relationships with client executives?

Elaborate on your strategy for building and maintaining relationships with key stakeholders. Emphasize the importance of trust, active listening, and understanding client needs, along with examples of long-term partnerships you've fostered in past positions.

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Describe an impactful sales presentation you've delivered in the past.

Share a specific instance where you crafted and delivered a high-impact sales presentation. Discuss the research involved, how you tailored the message to the client, and the ultimate outcome, including any gains or successful conversions that followed.

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What strategies would you use to influence cross-functional stakeholders at Visa?

Talk about the importance of transparent communication and collaboration when influencing cross-functional teams. Provide examples where you've successfully aligned various departments towards a common goal, noting the methods you used to gather insights and resolve conflicts.

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How do you keep up with changes in the payments landscape?

Discuss specific methods you utilize such as following industry publications, attending conferences, and networking with peers. Emphasize the importance of continuous learning and adaptability in staying ahead in a rapidly evolving payments environment.

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Can you share a time when you overcame a major obstacle in a sales process?

Provide a detailed account of a significant challenge you faced in a sales process. Focus on the strategies you employed to navigate the situation, the lessons learned, and how you ultimately achieved a positive outcome.

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What is your vision for Visa Direct's role in digital payments?

Articulate your forward-thinking vision for Visa Direct's impact in the digital payment ecosystem. Discuss how you see the future of transactions evolving and the innovative solutions that will position Visa as a leader in this competitive landscape.

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How would you measure success in your role as Senior Director?

Outline specific metrics you would use to measure success such as sales growth, team performance, market share expansion, and client satisfaction. Share your belief in the importance of quantitative data in driving strategies and achieving targets.

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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 4, 2025

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