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Senior Director, Global Interchange Strategy Center of Excellence - job 16 of 20

The Senior Director, Global Interchange Strategy Center of Excellence will be a key member of the Global Interchange team, overseeing global interchange programs, governance and compliance. This is a senior leadership role that will involve frequent collaboration with global and regional Interchange & Pricing teams as well as key cross functional partners in Sales, Product, Finance, Legal, Risk and Client Services. The successful candidate will be a strategic thinker that is able to take wholistic approach to Visa’s interchange strategies and execute the implementation of key strategic initiatives, leading a team that does the same. 

The position will report to the Senior Vice President, Global Interchange and be based at Visa's offices in Foster City, CA. 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 3+ set days a week (determined by leadership/site), with a general guidepost of being in the office 60% or more of the time based on business needs.

ESSENTIAL FUNCTIONS

  • Strategy and best practices - create strategic alignment and best practices across regional teams, develop frameworks that regional teams can use to roll out new interchange programs and ensure consistency in approach, provide consultation and support to regional teams on new interchange programs, provide thought leadership and structure on interchange elements of global deals, oversee key global projects to drive decisions in a timely manner
  • Innovation and process improvement - evolve our ways of working by moving from manual processes to automated processes, oversee adoption of new technologies to streamline decision making and ongoing reporting requirements, drive continuous process improvement
  • Governance and compliance - oversee and evolve Visa’s interchange compliance and governance frameworks, conduct regular risk assessments in coordination with internal compliance, risk and audit teams, produce regular reports on compliance and governance activities including progress and outcomes for senior leadership
  • Leadership support - mentor, manage and coach a 10-person team, assist in talent management and organization design, develop curriculum and materials for training and development of global interchange team
  • Talent acquisition - bring in top and diverse talent, minimize the time from job opening to hiring

This is a hybrid position based in Foster City, CA. Expectation of days in office will be confirmed by your hiring manager.

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, Global Interchange Strategy Center of Excellence, Visa

As a Senior Director of Global Interchange Strategy Center of Excellence at Visa in Foster City, you'll play a pivotal role in shaping the global interchange landscape. Collaborating with various international and regional teams, your strategic vision will guide Visa's interchange programs and ensure compliance across the board. This leadership position calls for a well-rounded strategist who thrives on innovation, as you'll work on creating frameworks and best practices for rolling out new interchange programs. You'll also oversee vital global projects that require swift decision-making and collaboration among key departments such as Sales, Product, and Finance. In addition to driving strategic initiatives, you will mentor and lead a talented team of ten, ensuring they are equipped with the tools and skills necessary for success. Your commitment to continuous improvement and the adoption of new technologies will help automate processes and enhance overall operational efficiency. With significant governance and compliance responsibilities, you'll conduct risk assessments and report regularly to senior leadership. As this hybrid role expects you in the office about 60% of the time, it's a fantastic opportunity to connect and collaborate with a dynamic team while also benefiting from the flexibility of remote work. If you're eager to make a substantial impact and guide a diverse team in a vibrant and forward-thinking company, this could be the perfect opportunity for you.

Frequently Asked Questions (FAQs) for Senior Director, Global Interchange Strategy Center of Excellence Role at Visa
What are the responsibilities of the Senior Director, Global Interchange Strategy Center of Excellence at Visa?

The Senior Director, Global Interchange Strategy Center of Excellence at Visa is responsible for overseeing global interchange programs, governance, and compliance. This senior leadership role involves collaborating with global and regional Interchange & Pricing teams, and working closely with cross-functional partners in Sales, Product, Finance, Legal, Risk, and Client Services. Key tasks include creating strategic frameworks for regional teams, managing a talented ten-person workforce, and ensuring best practices in interchange strategy implementation.

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What qualifications are needed for the Senior Director position at Visa?

To qualify for the Senior Director, Global Interchange Strategy Center of Excellence role at Visa, candidates should possess a strong background in strategy development, leadership, and project management, preferably within the financial services and payments industries. Relevant experience in governance, compliance, and risk assessment is essential. A proven ability to drive innovation and process improvement while managing cross-functional teams is also crucial, along with strong talent acquisition skills.

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What does a typical workweek look like for the Senior Director at Visa?

A typical workweek for the Senior Director, Global Interchange Strategy Center of Excellence at Visa is a blend of in-office and remote work, consistent with the hybrid model. Expect to spend at least 60% of your time in the office, collaborating with your team and other departments. Regular meetings to drive strategic initiatives and project oversight will fill your schedule, alongside mentoring sessions with your team members for ongoing development.

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How does Visa promote innovation within the Global Interchange Strategy Center?

Innovation is key for the Senior Director, Global Interchange Strategy Center of Excellence at Visa. The role emphasizes the evolution of manual processes to automated solutions, encouraging the adoption of new technologies to enhance decision-making and reporting. You'll lead initiatives that not only streamline processes but also foster a culture of continuous improvement within the teams across regions.

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What skills are crucial for success as a Senior Director at Visa?

Success as a Senior Director, Global Interchange Strategy Center of Excellence at Visa hinges on strong leadership and strategic thinking abilities. Essential skills include effective communication and collaboration across various functions, a knack for project management, and a thorough understanding of compliance and governance frameworks. Additionally, having a focus on talent management and acquisition will help build a strong and diverse team.

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Common Interview Questions for Senior Director, Global Interchange Strategy Center of Excellence
How would you approach developing a new global interchange program at Visa?

Answering this question should focus on demonstrating strategic analysis and project management skills. Discuss how you would evaluate market data, coordinate with regional teams, and ensure stakeholder alignment. Highlight your approach to risk assessment and compliance, and how you’d create a framework for the new program to ensure successful implementation.

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Can you describe a time you led a team through a significant change?

When answering this question, provide a concise example that showcases your leadership style and adaptability. Emphasize your communication strategies, methods for managing resistance, and your focus on team engagement. Explain the outcomes and how you measured success, linking this back to experiences relevant to Visa's context.

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What strategies do you believe are necessary for effective governance and compliance in interchange programs?

Your response should highlight the importance of developing clear frameworks and regular risk assessments while maintaining transparency in operations. Discuss the necessity of collaboration with risk and audit teams and emphasize continuous monitoring for compliance adherence, illustrating your knowledge relevant to the Senior Director role at Visa.

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How do you ensure best practices are implemented across regions?

To answer this effectively, discuss how you would create an environment that encourages sharing of successful strategies and frameworks. Mention how you would leverage technology for consistency and oversight, alongside your process for evaluating regional challenges and successes to refine best practices for global application.

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What role does innovation play in your leadership style?

Describe how you prioritize innovation within your team by encouraging creative solutions and the adoption of new technologies. Explain how you foster a culture of continuous improvement and adaptability, giving examples of how these principles would help streamline processes in the role at Visa.

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How would you evaluate the success of an interchange program?

When discussing evaluation, emphasize the importance of setting clear KPIs and metrics from the outset. Describe your approach to analyzing performance data, gathering feedback from stakeholders, and how you would use this data to drive continuous improvements in the program based on insights gained.

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How do you handle conflicts within your team or cross-functional departments?

In answering this question, focus on your conflict resolution strategies that involve open communication and active listening. Provide an example of a past conflict and illustrate how you facilitated a constructive dialogue, ensuring alignment and cooperation moving forward.

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What experience do you have with talent acquisition and team building?

Discuss your approach to identifying and attracting top talent, mentioning your experience with diverse recruitment practices. Highlight your methods for assessing candidate fit, as well as how you’ve built cohesive and high-performing teams in previous roles, linking this back to the responsibilities at Visa.

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Describe a time when you introduced a significant change in a process. What was the outcome?

Provide a relevant example that details your initiative and the steps you took to implement the change. Focus on how you garnered team buy-in and what metrics or feedback demonstrated the success of the new process, reinforcing how this experience could translate to the role at Visa.

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Why are you interested in the Senior Director position at Visa?

This is your opportunity to express your passion for global strategy and leadership in financial services. Discuss how Visa’s commitment to innovation and excellence aligns with your career goals. You may also mention the specific aspects of the role that excite you, such as mentoring teams, driving strategic initiatives, or being at the forefront of compliance and governance.

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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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