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Sr. Director, Debit & Prepaid Card Products (Global) - job 2 of 11

Team Summary

The Card Product group manages the deployment and optimization of Visa’s core consumer products base consisting of Credit, Debit and Prepaid payments solutions globally. The team is also responsible for the development and deployment of innovation across this product suite. To do this, we work in close partnership with Visa clients and key internal and external stakeholders across the globe. We are also the team responsible for leading the transition of conventional card-based solutions onto digital form factors, ensuring Visa payments solutions remain the market-leading way for consumers to spend their money and manage their payments across Visa’s global regions.

What the Senior Director, Debit & Prepaid Card Product Management (Global) does at Visa:

Reporting to the Global Head of Card Products, the SD, Debit & Prepaid will be responsible for initiatives across four broad areas of responsibility:

Operational Efficiency: Overseeing the definition, modernization and administration of product rules, and Visa’s credit product technology framework. Product Rules and the technology / processing framework are core to delivery of Visa credit products across our markets

Best Practices Development: Leading the identification, development, and dissemination of best practices for debit and prepaid products to drive PV growth and consumer preference for Visa

Drive Innovation: Leading initiatives as part of the Visa 2030 strategy to expand the debit and prepaid business, and expediting the integration of Visa Debit functionality with the Visa Flex Credential capability

Thought Leadership: Working closely with regional and in-market teams to develop a clear point of view on the direction and future of debit and prepaid solutions, supporting regional / in-market-developed credit initiatives which may scale globally.

The role-holder will lead a team of direct reports and will work closely with Core Product teams across each of Visa’s global regions to evolve and build end-to-end consumer experiences that drive client preference for Visa as a strategic partner and make us an enabler of superior value propositions for digitally enabled consumers.

The SD, Global Debit & Prepaid Product Management will be responsible for the strategic direction, operational efficiency, and innovation of Visa's global debit and prepaid product portfolios. This role requires a leader with deep expertise in the payments industry, strong analytical and strategic thinking skills, and the ability to drive cross-functional collaboration to deliver innovative and competitive product solutions. The individual will ensure the products meet market demands, regulatory requirements, and the company’s growth objectives. You will need to be highly collaborative and will be the key interface between the market teams and Visa’s global team to ensure our platforms drive product differentiation, consumer activation and engagement

You’ll be responsible for managing the administration of waivers to Visa’s Product Rules and policies, ensuring compliance with regulatory requirements and industry standards. Be a key leader in identifying and driving improvements in product usage, activation, and consumer preference for Visa products, collaborating with regional and in-market teams to implement best practices and ensure consistency in product delivery and a key stakeholder in the company-wide drive to strengthen Visa's debit franchise globally by exploring new opportunities and innovations in the traditional card issuance business. In addition, ensuring that Visa’s network technology and processing stack (VisaNet) supports product Rules and Standards, including new global or regional / in-market products, as needed.

A core area of delivery for the role-holder will be to ensure Visa Debit functionality is closely linked with the ability to choose a range of different funding sources and that debit is a fundamental part of the Visa Flexible Credential chassis. As well as working with in-market, client-facing teams, your team will work closely with the Regional counterparts, Corporate Strategy, Marketing, Client Services, Finance, Pricing, Legal and Compliance.

Why this is important to Visa

Consumer Debit and Prepaid Products are key bases for Visa’s business globally as these solutions span all consumer life-stages and income segments in all Visa’s markets and as such are a key platform for revenue generation and consumer engagement for Visa and our clients. As the largest of Visa’s solutions sets, Core Products offer Visa the most visible and impactful opportunity to drive digital payments enablement and thus is a key part of our digital migration strategy.

 

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 2-3 set days a week (determined by leadership/site), with a general guidepost of being in the office 50% or more of the time based on business needs.

Average salary estimate

$175000 / YEARLY (est.)
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$150000K
$200000K

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What You Should Know About Sr. Director, Debit & Prepaid Card Products (Global), Visa

At Visa, we're excited to announce an incredible opportunity for a Senior Director, Debit & Prepaid Card Products (Global) based in Foster City. This role is perfect for someone passionate about driving the future of payment solutions. As part of our dynamic Card Product group, you'll manage and optimize Visa’s core consumer products, including Debit and Prepaid cards, while leading the charge towards digital transformation. You'll collaborate closely with Visa clients and key stakeholders worldwide, championing initiatives that enhance operational efficiency and drive innovation. Your expertise will be pivotal in modernizing product rules and frameworks, ensuring that Visa remains at the forefront of consumers' payment experiences. With a strong focus on driving best practices and consumer preference, you'll play a critical role in our Visa 2030 strategy, leading efforts to integrate new functionalities effectively. Your leadership will not only shape the direction for debit and prepaid solutions but also enhance collaborations across our global teams. This role is more than just strategic oversight; it’s about fostering a culture of innovation, ensuring our products meet market demands, and contributing significantly to Visa’s growth objectives. With a hybrid work model, you’ll enjoy the flexibility of alternating between remote and office environments while working in a culture that values cross-functional teamwork and excellence. Join us at Visa to lead the evolution of payment solutions and make a meaningful impact in the financial services industry!

Frequently Asked Questions (FAQs) for Sr. Director, Debit & Prepaid Card Products (Global) Role at Visa
What are the key responsibilities of the Senior Director, Debit & Prepaid Card Products at Visa?

The Senior Director, Debit & Prepaid Card Products at Visa is responsible for overseeing operational efficiency, developing best practices for debit and prepaid products, driving innovation as part of Visa's ongoing strategy, and providing thought leadership to ensure Visa remains a market leader. This role involves managing product rules, collaborating with internal and external stakeholders, and leading a team to enhance consumer engagement and drive business growth.

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What qualifications are needed for the Senior Director, Debit & Prepaid Card Products position at Visa?

Candidates for the Senior Director, Debit & Prepaid Card Products at Visa should possess deep expertise in the payments industry, strong analytical skills, and proven leadership experience. A background in developing and launching financial products, along with a solid understanding of regulatory requirements and market demands, is crucial. Experience in cross-functional collaboration and a track record of driving innovative product solutions will significantly enhance your candidacy for this pivotal role.

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How does the Senior Director, Debit & Prepaid Card Products contribute to Visa’s 2030 strategy?

The Senior Director, Debit & Prepaid Card Products plays a crucial role in Visa's 2030 strategy by leading initiatives that expand debit and prepaid business. This includes integrating Visa Debit functionalities and ensuring these products adapt to changing consumer preferences and digital trends. By championing innovation and best practices, this position directly influences Visa's ability to stay ahead in the rapidly evolving digital payments landscape.

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What is the significance of the Senior Director role in Visa’s product management ecosystem?

The Senior Director, Debit & Prepaid Card Products is a vital leader in Visa’s product management ecosystem. By overseeing product strategy and execution, this role ensures that Visa's debit and prepaid offerings meet consumer needs while driving revenue generation. It's a key position that fosters teamwork across all Visa regions, influencing how Visa’s products evolve and succeed in the global marketplace.

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What team dynamics should one expect in the Senior Director, Debit & Prepaid Card Products position at Visa?

In the Senior Director, Debit & Prepaid Card Products role at Visa, you can expect a collaborative and dynamic team environment. You'll lead a group of direct reports and work closely with various internal teams, including Corporate Strategy, Marketing, and Compliance, as well as with regional counterparts. This cross-functional interaction is essential in driving product improvements and ensuring a consistent consumer experience across Visa's product offerings.

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Common Interview Questions for Sr. Director, Debit & Prepaid Card Products (Global)
Can you describe your experience with product management in the payments industry?

In your answer, highlight specific roles where you managed financial products, focusing on how you drove innovation and adapted to market changes. Include metrics or outcomes that showcase your impact, emphasizing your understanding of the payments landscape.

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How would you lead a team to optimize debit and prepaid card products?

Discuss your leadership style and provide examples of how you motivate teams towards common objectives. Focus on best practices you've implemented and the direct results on product performance and consumer engagement.

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What do you consider to be the biggest trends impacting the debit and prepaid card market today?

Be prepared to discuss current industry trends such as digital wallet integrations, mobile payments, and the shift toward contactless transactions. Provide insights into how these trends affect consumer preferences and how Visa can leverage them.

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How do you ensure compliance with regulations in product development?

Your answer should reflect knowledge of regulatory frameworks and how you've navigated these in prior roles. Emphasize collaboration with legal teams and your proactive approach in aligning product strategies with compliance requirements.

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Describe a time you initiated a significant product innovation. What was the process and outcome?

This is your chance to showcase your problem-solving skills. Discuss the challenge, the innovative solution you proposed, and the steps taken from conception to execution. Highlight the results and learnings from the experience.

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How do you measure the success of debit and prepaid products?

Discuss the key performance indicators you track, such as transaction volume, user adoption rates, and customer satisfaction levels. Be clear about how these metrics shape future product strategies and enhancements.

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What is your approach to cross-functional collaboration?

Share specific examples where you successfully collaborated with different departments. Highlight how you establish communication channels and align goals to ensure product success across the organization.

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How do you stay updated on industry changes and consumer trends?

Mention the resources you utilize, such as industry reports, networking events, and professional organizations. Stress the importance of continuous learning and being proactive in adapting strategies to meet new consumer demands.

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What strategies would you use to drive consumer preference for Visa products?

Provide examples of marketing and engagement strategies you've utilized in the past. Discuss the importance of understanding consumer behavior and leveraging data to create appealing product propositions.

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Why is innovation important for Visa’s future in the payments industry?

Explain that innovation is key to staying competitive in the fast-evolving payments landscape. Discuss how new solutions can enhance consumer experiences and strengthen Visa’s market position while driving overall growth.

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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 9, 2025

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