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Senior Director, Global Interchange Strategy Center of Excellence - job 14 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

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What You Should Know About Senior Director, Global Interchange Strategy Center of Excellence, Visa

At Visa, we’re looking for a talented Senior Director of Global Interchange Strategy Center of Excellence to join our dynamic team in Foster City. In this leadership role, you will play a crucial part in overseeing our global interchange programs, ensuring governance and compliance while working closely with our regional Interchange & Pricing teams. This means you'll not only be strategizing and aligning best practices across various units but also collaborating with diverse teams including Sales, Legal, Risk, and Client Services. Your expertise in steering Visa’s interchange strategies will drive major initiatives and innovations within our organization. You'll have the opportunity to lead a dedicated team of ten, all committed to evolving our working practices from manual to automated processes. In this hybrid role, you'll have the flexibility to alternate between working remotely and in the office, bringing a balance to your professional life. As you mentor and develop your team, you'll also help to attract and retain diverse talent to enhance our capabilities in the interchange space. This is your chance to make a real impact in a globally recognized company while being a key player in our mission for continuous improvement and excellence in global interchange strategies.

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

As the Senior Director, Global Interchange Strategy Center of Excellence at Visa, you'll oversee global interchange programs, governance, and compliance. You will create strategic alignment among regional teams, develop frameworks for new programs, and drive decision-making on key global projects. Additionally, you'll lead innovation in processes and ensure consistent adherence to governance and compliance standards across all teams.

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

Visa requires candidates for the Senior Director, Global Interchange Strategy Center of Excellence to possess extensive experience in strategic leadership and interchange programs, along with strong problem-solving skills. A background in finance or risk management, as well as proven abilities in project management and team leadership, are essential. A Master's degree in a related field is often preferred.

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How does the Senior Director at Visa contribute to team management and talent acquisition?

The Senior Director of Global Interchange Strategy Center of Excellence at Visa plays a pivotal role in mentoring and managing a team of ten. You will facilitate talent management and organizational design, while also spearheading talent acquisition efforts to attract a diverse range of candidates, thereby enhancing the team's capabilities. Developing training materials and curriculums is also a key responsibility in building a high-performing team.

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

The Senior Director, Global Interchange Strategy Center of Excellence role at Visa is hybrid, allowing you to balance remote work with in-office time in Foster City, CA. This work model fosters flexibility, enabling you to collaborate with your team and cross-functional partners in a dynamic environment while also enjoying the benefits of remote work when possible.

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What impact does the Senior Director have on Visa's global interchange strategies?

As a Senior Director at Visa, you are expected to take a holistic approach to executing interchange strategies, driving internal process improvements, and implementing new technologies. Your leadership will directly shape Visa's global initiatives and further develop the way we manage interchange programs, making a significant impact on business outcomes.

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Common Interview Questions for Senior Director, Global Interchange Strategy Center of Excellence
Can you explain your approach to creating strategic alignment across different teams?

When tackling strategic alignment, I prioritize clear communication and collaborative goal-setting with stakeholders. I often facilitate workshops that bring together diverse teams to ensure that everyone's voice is heard, laying the foundation for a cohesive strategy. This helps leverage each team's strengths while ensuring consistency in methods and objectives.

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How do you handle compliance and governance in your past roles?

In my previous roles, I established robust compliance frameworks by conducting regular risk assessments and consultations with internal teams. I made it a point to have regular progress reports, ensuring transparency and accountability, which helped in fostering a culture of compliance throughout the organization.

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Describe a time you mentored a team member. What was the outcome?

While mentoring a junior analyst, I helped them navigate complex project tasks and guided them in developing their analytical skills. Over time, they became an integral part of the team, leading projects on their own. The experience not only boosted their confidence but also contributed to significantly improved team performance.

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How would you approach talent acquisition for the Global Interchange team?

My approach to talent acquisition includes not only seeking candidates with the right skills but also those who align with our organization's values. I would focus on building relationships with diverse talent pools and creating a structured interview process that assesses both technical competencies and cultural fit.

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What strategies do you use to drive process improvements?

To drive process improvements, I rely on data analysis to identify bottlenecks and inefficiencies. I promote the adoption of new technologies and encourage feedback from team members to discover pain points. This leads to informed discussions where we can collaboratively design solutions that enhance our workflows.

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Can you talk about a major project you led that involved cross-functional collaboration?

In my last role, I led a major initiative to revamp our interchange pricing model that necessitated collaboration across multiple departments. I organized cross-functional meetings to gather insights and concerns from each unit, ultimately developing a plan that improved our pricing efficiency and client satisfaction.

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Describe a challenge you faced while implementing a new interchange program.

One major challenge I faced was resistance to change from staff during the implementation of a new interchange program. By prioritizing communication, I hosted several training sessions that addressed their concerns, while further illustrating the benefits of the new system. This boosted buy-in and ultimately led to a successful rollout.

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How do you stay updated on compliance regulations within the interchange sector?

I make it a point to regularly attend industry workshops and subscribe to compliance newsletters. Networking with other professionals in the field also provides insights into best practices and emerging regulations, ensuring that I am well-informed to adapt our strategies accordingly.

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What metrics do you consider important for evaluating the success of interchange programs?

Key metrics for evaluating interchange programs include transaction volume, revenue generated from interchange fees, customer satisfaction scores, and compliance audit results. These indicators provide a comprehensive view of both performance and areas for improvement, guiding future strategy.

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What leadership style do you believe suits this role the best?

In this role, I adopt a transformational leadership style, emphasizing collaboration, innovation, and personal development. I believe empowering team members to take ownership of their work drives engagement and effectiveness, which is critical for achieving our strategic goals.

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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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