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Senior Director, Global Interchange Strategy Center of Excellence - job 5 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 the Senior Director of the Global Interchange Strategy Center of Excellence at Visa in Foster City, you'll step into a pivotal leadership role that shapes the future of interchange programs across the globe. This exciting position is all about collaboration; you’ll work closely with the Interchange & Pricing teams regionally and engage with various cross-functional partners, including Sales, Product, Finance, Legal, Risk, and Client Services. Your visionary approach will empower you to align global strategies while mentoring a talented team of ten. Not only will you be driving strategic initiatives and governance, but you'll also champion innovation by transitioning from outdated manual processes to streamlined automated solutions. Your leadership will also encompass overseeing Visa’s interchange compliance and governance frameworks, ensuring regular risk assessments, and preparing detailed reports for senior leadership. With a focus on continuous improvement, you'll evolve the frameworks that help regional teams implement new interchange programs consistently. Working in a hybrid model, you'll balance time between remote and in-office work, facilitating dynamic team interactions to spur creativity and alignment. You'll thrive in an environment that values thought leadership and diversity as you help attract top talent and cultivate their development. If you’re ready to make an impact and lead Visa’s global interchange strategy, we’d love to meet you!

Frequently Asked Questions (FAQs) for Senior Director, Global Interchange Strategy Center of Excellence Role at Visa
What are the main 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, your key responsibilities will include overseeing global interchange programs, creating strategic alignment across teams, and leading the implementation of key initiatives. You will work closely with regional teams and various cross-functional partners to develop frameworks and ensure compliance and governance standards are met. With a focus on continuous process improvement, you will also drive innovations that automate manual workflows to enhance operational efficiency.

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What qualifications should candidates have for the Senior Director position at Visa?

Candidates for the Senior Director position at Visa should possess a blend of strategic acumen and strong leadership abilities. An ideal background includes extensive experience in interchange strategy, governance, and compliance, as well as proven success in managing diverse teams. Additionally, familiarity with financial services and technology, coupled with excellent communication skills, is crucial for effectively collaborating with cross-functional partners in a fast-paced environment.

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How does the hybrid work model function for the Senior Director role at Visa?

For the Senior Director role at Visa, the hybrid work model allows for flexibility between remote and in-office work. Employees are generally expected to be in the office three or more set days a week, as determined by their hiring manager. This balance helps facilitate essential face-to-face collaboration while allowing for the efficiency of remote work, making it ideal for modern working dynamics.

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What does talent acquisition look like for the Senior Director of Global Interchange at Visa?

In the role of Senior Director, your involvement in talent acquisition will be significant. You will focus on bringing in top and diverse talent to enhance the capabilities of the global interchange team. The aim is to streamline the hiring process, reducing the time from job openings to actual hiring while ensuring that recruits align with Visa’s standards and company culture.

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What kind of support will the Senior Director provide to their team at Visa?

As the Senior Director, you will play a vital supportive role by mentoring and coaching a talented team of ten. Your responsibilities will include assisting with talent management, organizational design, and developing training curriculum and materials to foster their professional growth. This supportive environment is designed to guide your team towards achieving high performance in their roles.

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Common Interview Questions for Senior Director, Global Interchange Strategy Center of Excellence
What strategies do you prioritize when managing global interchange programs?

In managing global interchange programs, I prioritize aligning strategies with each region's needs while ensuring a cohesive approach across teams. It's essential to adopt best practices and regularly consult with regional teams to tailor frameworks that fit their unique challenges. To answer this effectively in an interview, emphasize the importance of collaboration and generating buy-in from all stakeholders.

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Can you describe your process for overseeing compliance and governance frameworks?

Overseeing compliance and governance frameworks involves establishing thorough assessment protocols and regular communication with compliance and risk teams. I focus on continuous monitoring and producing comprehensive reports to inform senior leadership about ongoing compliance activities. Highlighting your data-driven decision-making process will demonstrate your capability in this area.

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How do you approach talent management in your teams?

My approach to talent management revolves around understanding individual strengths and facilitating development through tailored career paths. Regular feedback and mentorship are crucial, as I believe in fostering an inclusive environment where team members can thrive. When discussing this in an interview, share specific examples of how your management style has positively influenced your team's performance.

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What role does innovation play in your leadership style?

Innovation is central to my leadership approach, particularly when leading efforts to improve processes. I advocate for transitioning from manual processes to automated solutions that enhance decision-making efficiency. During your interview, stress how your innovative mindset has solved challenges in past roles and created positive change.

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Describe your experience with strategic initiative implementation.

Implementing strategic initiatives requires a structured approach involving aligning team goals with organizational objectives. I use KPIs and milestones to track progress systematically. For your interview response, consider using concrete examples to showcase your strategic project management skills and share outcomes.

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How do you ensure effective communication across cross-functional teams?

Effective communication across cross-functional teams is achieved through regular meetings, shared platforms for collaboration, and setting clear expectations. I also find it helpful to encourage open dialogue through feedback channels. In your interview, consider mentioning specific tools or methodologies you’ve utilized for successful cross-team communication.

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What do you think is the most critical attribute for a Senior Director at Visa?

I believe the most critical attribute for a Senior Director at Visa is strategic vision. The ability to see the big picture while managing the nuances of global programs is crucial. In interviews, convey your capacity for strategic thinking and how it has contributed to your past successes in leadership roles.

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How do you measure success in your governance and compliance roles?

Success in governance and compliance roles is measured by the adherence to established frameworks and the effectiveness of risk mitigation strategies. Regular audits and feedback loops are essential for continuous improvement. When discussing this topic in an interview, highlight specific metrics you have tracked and their impact on overall compliance efforts.

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What steps do you take to mentor new leaders within your team?

Mentoring new leaders involves identifying their strengths and aligning their growth with organizational goals. I’ll organize coaching sessions and provide constructive feedback. Sharing an example of how you successfully developed a junior leader into a management role will illustrate your commitment to mentorship.

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Can you provide an example of a challenging project you've led related to interchange strategy?

Certainly! An example of a challenging project could involve the successful rollout of a new interchange pricing model across multiple regions. I navigated complexities by leveraging cross-team collaboration and ensuring stakeholder engagement. In interviews, be specific about the challenges you faced, how you overcame them, and the tangible results achieved.

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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...

11223 jobs
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Full-time, hybrid
DATE POSTED
April 4, 2025

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