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Senior Director, Global Interchange Strategy Center of Excellence - job 15 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.)
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max
$150000K
$200000K

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

The Senior Director, Global Interchange Strategy Center of Excellence at Visa in Foster City is an exciting opportunity for a highly strategic leader. In this role, you'll be at the forefront of developing global interchange programs and ensuring compliance across various teams. Collaborating frequently with regional Interchange & Pricing teams, Sales, Product, Finance, Legal, Risk, and Client Services, you'll create a cohesive approach to Visa’s interchange strategies. This position requires a strategic thinker who can transform ideas into actionable initiatives while leading a talented team. You will report to the Senior Vice President, Global Interchange and will embrace a hybrid work model, balancing time between remote work and being in the office three or more days per week based on business needs. Your responsibilities will include creating strategic alignment and best practices, innovating processes through automation, overseeing compliance frameworks, mentoring team members, and hiring top talent. This role is perfect for someone who thrives in dynamic environments and is passionate about driving change and efficiency within a global context. If you're ready to take on a challenge and make a significant impact at Visa, this could be the perfect position for you!

Frequently Asked Questions (FAQs) for Senior Director, Global Interchange Strategy Center of Excellence Role at Visa
What are the primary 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, providing strategic alignment across regional teams, and ensuring compliance with governance frameworks. This role involves regular collaboration with various departments including Sales, Product, and Finance, as well as leading a team and mentoring staff to enhance talent development. Additionally, the director will drive process improvements and oversee the implementation of innovative technologies.

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What qualifications are required for the Senior Director, Global Interchange Strategy Center of Excellence position at Visa?

Candidates for the Senior Director, Global Interchange Strategy Center of Excellence position at Visa should possess significant experience in strategic leadership roles, particularly in interchange or related fields. A strong understanding of governance and compliance frameworks, excellent project management skills, and experience leading diverse teams are essential. Ideal candidates should also have a track record of successful collaboration with cross-functional partners and a commitment to continuous improvement in their work processes.

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How does the Senior Director, Global Interchange Strategy Center of Excellence contribute to Visa's goals?

The Senior Director, Global Interchange Strategy Center of Excellence plays a crucial role in aligning Visa's strategic interchange initiatives with its business objectives. By overseeing the development of best practices, providing thought leadership, and driving compliance and innovation, the director ensures that the company remains competitive in the industry. This role not only enhances the efficiency of interchange processes but also helps foster a collaborative culture within Visa.

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What is the work schedule like for the Senior Director, Global Interchange Strategy Center of Excellence at Visa?

The Senior Director, Global Interchange Strategy Center of Excellence at Visa operates under a hybrid work model, which requires the individual to work in the office three or more days per week, depending on business needs. The expectation is for the director to engage actively with teams in person while also having the flexibility to work remotely. This offers a balanced approach catering to both team collaboration and individual productivity.

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What opportunities for professional development exist for the Senior Director, Global Interchange at Visa?

At Visa, the Senior Director, Global Interchange Strategy Center of Excellence will have ample opportunities for professional development, including leading training and development initiatives for the global interchange team. Additionally, through mentorship and coaching responsibilities, the director can personally contribute to the growth of their team members. Visa values talent acquisition and career progression, ensuring a supportive environment for continuous learning and development.

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Common Interview Questions for Senior Director, Global Interchange Strategy Center of Excellence
What strategies would you implement to enhance Visa's interchange programs in the role of Senior Director?

To enhance Visa's interchange programs, I would start by conducting a thorough assessment of current strategies and identifying inefficiencies. I would then collaborate with cross-functional teams to develop a unified framework that promotes best practices across regions, ensuring alignment with corporate goals. Continuous feedback from stakeholders and data-driven decision-making would be pivotal in refining our programs.

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How do you prioritize compliance and governance in your decision-making processes?

Prioritizing compliance and governance requires a proactive approach; I would establish regular risk assessments and audits to ensure all processes meet the highest standards. Being well-informed about regulatory changes and facilitating open communication channels among teams would also enable swift adaptations to compliance challenges.

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Can you provide an example of how you've successfully led a team to resolve a complex problem?

In a previous role, I led a team that was struggling with a bottleneck in our compliance processes. I organized brainstorming sessions to identify the root causes and facilitated workshops to re-engineer workflows. This collaborative approach not only resolved the bottleneck but improved overall team morale and efficiency.

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What role does innovation play in your approach to management?

Innovation is essential in management, especially in a rapidly changing industry like finance. I encourage my team to embrace new technologies and methodologies that can streamline operations. Creating a culture that fosters experimentation and supports calculated risks will drive continuous improvement and keep us competitive.

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How do you handle conflict within your team?

In handling conflict, I prioritize open communication and active listening. By mediating discussions, I facilitate an environment where team members feel valued and understood. Finding common ground and establishing mutually beneficial solutions fosters a collaborative spirit and strengthens team dynamics.

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Describe your experience with cross-functional collaboration.

I have extensive experience collaborating with various departments, including Sales, Finance, and Legal. Each partnership has its unique dynamics, so I adapt my communication style to align with the goals and challenges of each function. Regular updates and collaboration on strategic initiatives ensure that we work synergistically towards common objectives.

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What metrics do you use to evaluate the success of interchange programs?

To evaluate the success of interchange programs, I track several metrics including cost efficiency, stakeholder satisfaction, and compliance rates. Regular performance reviews and feedback loops help in making data-driven enhancements to our programs, ensuring we meet or exceed our strategic goals.

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How do you approach talent acquisition for your team?

I believe in a proactive approach to talent acquisition, actively seeking diverse candidates who bring unique perspectives. I work closely with HR to refine our recruitment strategies and ensure a swift hiring process that attracts top talent aligned with our organizational values.

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What do you see as the biggest challenges facing interchange strategy today?

Current challenges include adapting to fast-paced technological changes and navigating complex regulatory environments. A successful interchange strategy must be flexible and innovative, allowing us to swiftly address these challenges while capitalizing on new opportunities for growth.

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How do you keep up with industry trends relevant to interchange strategies?

I stay informed about industry trends through continuous education—attending conferences, following thought leaders on social media, and participating in relevant industry forums. Networking with peers also provides insights that can help shape our strategies and keep Visa at the forefront of interchange innovation.

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Full-time, hybrid
DATE POSTED
April 3, 2025

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